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1 year ago

A recent Supreme Court ruling made it easier to prosecute insider trading cases by

1 answer:

4 0

Based on the recent happening, a recent Supreme Court ruling made it easier to prosecute insider trading cases by "specifying exactly what type of information can and cannot be disclosed."

This is evident in the case of Blaszczak, where the Supreme Court concluded that confidential government information may constitute property for purposes of securities fraud.

The Supreme Court also concluded the same thing in the case of Kelly v. the United States.

Hence, in this case, it is concluded that the Supreme Court ruling made it easier to prosecute insider trading cases by "specifying exactly what type of information can and cannot be disclosed."

Learn more here: brainly.com/question/12730084

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On January 1 of the current year, Tell Co. leased equipment from Swill Co. under a 9-year sales-type (finance) lease. The equipm

Salsk061 [2.6K]

Answer:

The yearly depreciation on the asset is $56,111.11

Explanation:

In calculating the right-of-use asset on a lease,the present of value of future cash payments,that is lease liability amount is added to any lease payments paid on or before commencement of lease agreement,direct initial costs,as well as with any likely amount to be incurred in restoring asset's site or dismantling the asset after usage.

In this case,only present value of future cash flows is available,hence that is the amount of right-of-use to depreciated over nine year period.

Depreciation=$505000/9years

=$56111.11

7 0

2 years ago

Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding shar

bogdanovich [222]

Answer:

c. $524,000 and $250,000

Explanation:

See the attached picture for detailed explanation.

3 0

2 years ago

Read 2 more answers

3. Definition of economic costs Felix lives in Miami and runs a business that sells boats. In an average year, he receives $851,

Elanso [62]

Answer:

The economic costs are the sum of the explicit costs or monetary costs, and the implicit costs, or opportunity costs.

The explicit or monetary costs that Felix has are:

Payments to manufacturer: $476,000

Wages and utility bills: $281,000

Total monetary costs: $751,000

The implicit or opportunity costs that Felix is incurring are:

Rent he would get for his showroom: $71,000

Salary he would get as an accountant: $34,000

Total opportunity costs: $105,000

Total economic costs: $751,000 + $105,000 = $856,000

6 0

2 years ago

You want to have the equivalent of $700,000 (in terms of today's spending power) when you retire in 30 years. Assume a 3% rate o

vivado [14]

Answer:

The correct answer is D: $10,329

Explanation:

Giving the following information:

You want to have the equivalent of $700,000 (in terms of today's spending power) when you retire in 30 years. Assume a 3% rate of annual inflation. The interest rate is 10% annual.

First, we need to determine how much is $700,000 in 30 years.

FV= PV*(1+i)^n

FV= 700000*(1.03^30)= $1,699,083.73

Now, we can calculate the annual payment required using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,699,083.73* 0.10)/[(1.10^30)-1]= $10329

4 0

2 years ago

Why does the free-market system require government regulation? Companies can't be efficient or innovative on their own. Foreign

melomori [17]

Answer:

The correct answer are the option B and C: Foreign competition would wipe out domestic production and producers are driven by the profit motive to work against competition.

Explanation:

First of all, the huge companies, and that includes the foreign competition, will always wipe out the small ones and that situation will definitely impact in the domestic economy of a country by leaving without work to the other enterprises and their employees, also by increasing prices and obligating to the customers to buy them due to their power in the industry and more. That is why, government regulation is obviously needed in the free-market system because if there is not, then the leader organization will do as they please with the market.

Secondly, the companies are lucrative organization and therefore that the most important thing that they care about is to make money by producing goods or giving services to the community that need it. That is why, if there is not government then the most powerful companies would try to eliminate the small ones by taking all their consumers away.

8 0

2 years ago