The sarbanes oxley act (sox) internal control standards apply only to companies listed on u.s. exchanges. true or false?

True

Explanation:

The Sarbanes Oxley Act (SOX) is a federal law in the United States that applies to listed or public companies i.e. companies whose shares are traded freely on the stock exchange. The law, which was established in 2002 following several corporate scandals, put in place comprehensive financial and auditing regulations for listed companies.  

The return of investment for the investor if Saeed's business makes $7000 in profit in its first year is $6190.

Explanation:

Saeed agrees to repay the investor the $5000 plus 17 percent of the profits of the business. This can be represented by this equation.

Return of investment for the investor= initial investment+ (percentage of profits X profit)

When we fill in our known numbers, this is the equation. Remember, the profit for the first year was $7000.

Return of investment for the investor = 5000 + (.17 X 7000)

Return of investment for the investor = 5000 + 1190

Return of investment for the investor = $6190