please answer all parts
The Sarbanes-Oxley Act of 2002 (SOX) was created, in part, to address cases of companies making fraudulent entries to avoid reporting net losses. Evidence of this kind of earnings management before and after the implementation of SoX is presented in the Tableau visualization below, which allows you to mouse over the graphs to reveal specific amounts for use in answering the following questions Earnings Intervals Pre-SOX (1985-2001) 3500 3000 2500 ce Frequency 2000 1500 1000 500 9 03 01 00 01 02 Net Income [relative to market value of Stockholders' Equity] Earnings Intervals Post-SoX (2003-2017) 3500 3000 20 2000 Frequency 1000 ht 0 DO 0 Net Income (relative to market value of Stockholders' Equity obiegu Book References The two histograms show the total number of companies reporting earnings below and above zero for the years 1985-2001 and 2003- 2017. (To account for differences in company size, earnings intervals are calculated by dividing net income by the market value of stockholders' equity. Excluded are companies in finance and other regulated industries, as well as companies reporting exactly zero net income) Required: 1. How many companies reported a slight net loss (indicated by the red bar) in the pre-Sox period? How many companies reported a slight net income indicated by the green bar) in the pre-sox period shown? Was a slight net loss or slight net income more common in 2. How many companies reported a slight net loss (indicated by the red bar) in the post-sox perlod? How many companies reported a slight net income indicated by the green bar) in the post-sox period? Was a slight net loss or slight net income more common in the post-sox perlod? Complete this question by entering your answers in the tabs below. Required 1 Required 2 How many companies reported a slight net loss (indicated by the red bar) in the pre-sox period? How many companies reported 6 slight net income indicated by the green bar) in the pre-SOX period shown? Was a slight net loss or slight net Income more common in the pre-sox period shown? Nunto com ruporedness Number of companiesporto net income A was more common in the SOX period own Required 2 > enoa shown? w many companies reported a slight net loss (indicated by the red bar) in the post-Sox period? How many compan net income (indicated by the green bar) in the post-sox period? Was a slight net loss or slight net income more com SOX period? complete this question by entering your answers in the tabs below. equired 1 Required 2 now many companies reported a slight net loss (indicated by the red bar) in the pre-sox period? How many companies eported a slight net income indicated by the green bar) in the pre-SOX period shown? Was a slight net loss or slight net ncome more common in the pre-Sox period shown? umber of companies reported net loss umber of companies reported net income was more common in the pre-SOX period shown Reque Required 2 > 3. Select the statements that are consistent with the patterns in the pre- and post-Sox periods. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box wit the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as Incorrect.) Prior to Sox, many companies made questionable adjustments that changed a slight net loss into a sight net income Regulations introduced by Sox reduced the number of companies that made questionable acustments to change asht net loss into a slight net income Top managers do not care whether their companies report a retora net income enoa shown? w many companies reported a slight net loss (indicated by the red bar) in the post-Sox period? How many compan net income (indicated by the green bar) in the post-sox period? Was a slight net loss or slight net income more com SOX period? complete this question by entering your answers in the tabs below. equired 1 Required 2 now many companies reported a slight net loss (indicated by the red bar) in the pre-sox period? How many companies eported a slight net income indicated by the green bar) in the pre-SOX period shown? Was a slight net loss or slight net ncome more common in the pre-Sox period shown? umber of companies reported net loss umber of companies reported net income was more common in the pre-SOX period shown Reque Required 2 > 3. Select the statements that are consistent with the patterns in the pre- and post-Sox periods. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box wit the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as Incorrect.) Prior to Sox, many companies made questionable adjustments that changed a slight net loss into a sight net income Regulations introduced by Sox reduced the number of companies that made questionable acustments to change asht net loss into a slight net income Top managers do not care whether their companies report a retora net income
