Business, 23.03.2020 18:58, ciaraberger

Jewelcorp just began trading securities. The company is a closely-held corporation with several dozen shareholders and $10 million in assets. Which of the following is true concerning the company’s requirement to report to the SEC? 1. Not required to report information to the SEC. 2. Required to report major business developments and must file annual and quarterly financial reports. 3. Must file annual and quarterly financial reports 4. Requirement to file depends on the company’s assets and shareholder base.

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Jewelcorp just began trading securities. The company is a closely-held corporation with several doze...