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6. (Ipt) In response to the Sarbanes-Oxley Act, many firms in the United States have opted to go dark and delist their stock. Why might

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6. (Ipt) In response to the Sarbanes-Oxley Act, many firms in the United States have opted to "go dark" and delist their stock. Why might a company choose this route? What are the costs of "going dark?" (1pt) Prepare a balance sheet for Alaskan Orange Corp. as of December 31, 2014, based on the following information: cash- $197,000; patents and copyrights $863,000; accounts payable- $288,000; accounts receivable $265,000; tangible net fixed assets-$5,300,000; inventory $593,000; notes payable- $164,000; accumulated retained earnings $4,580,000; long-term debt $1,450,000. Note that a required account is missing from this list. 7. 8. (1pt) Draiman, Inc., has sales of $795,000, costs of $345,000, depreciation expense of $80,000, interest expense of $40,000, and a tax rate of 21 percent. for this firm? What is the net income 9. (2pts) Can our goal of avoiding unethical or illegal behavior? In particular, do you think subjects such as customer and employee safety, the environment, and the general good of society fit in this framework, or are they essentially ignored? Try to think of some specific scenarios to illustrate your answer ing the value of the stock conflict with other goals, such as

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