5. The majority of accusations against Lehman Brothers and EY were related to lack of disclosure. If the Repo 105 transactions were accounted for correctly, why does disclosure matter? What financial statement assertion does this disclosure matter most closely relate to? (E/O, V/A, P/D, R/O, C/Cu)

What is the best way for the inventor to protect his/her investment if the invention of a new composite material for turbofan blades is susceptible to reverse engineering?

Michigan mattress company is considering the purchase of land and the construction of a new plant. the land, which would be bought immediately (at t = 0), has a cost of $100,000 and the building, which would be erected at the end of the first year (t = 1), would cost $500,000. it is estimated that the firm's afterminustax cash flow will increase by $100,000 starting at the end of the second year, and that this incremental flow would increase at a 10 percent rate annually over the next 10 years. what is the approximate payback period?

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond