Answer:
Insider trader
Explanation:
All of them, Dhani, Fay, Geoff and Hu, can be considered insider traders since they used private information (not disclosed to public investors) about the company's plans to earn money.
The Securities Exchange Act of 1934 Section 10(b) was enacted in order to prosecute this type of actions.
Answer:
the contribution to overhead as a percent of sales is 16.16%
Explanation:
The computation of the contribution to overhead as a percent of sales is given below;
Sales $198,000
Less: Cost of goods sold $137,500
Less: Direct Expenses $28,500
Contribution $32,000
Now the percentage should be
= $32,000 ÷ $198,000
= 16.16%
Hence, the contribution to overhead as a percent of sales is 16.16%
Answer:
The options do not match the case, since Sandi proposed the corporation and Walter is having second thoughts about it due to corporate taxes.
Walter might be right or wrong depending on the type of corporation that they choose to form. If they choose to form a S corporation they will not be double taxed, since S corporations are pass through entities. But if they choose to form a C corporation, then they will be subject to double taxation since the C corporation will have to pay income taxes and Sandi and Walter will also be required to pay income taxes.
Both C and S corporations provide their stockholders limited liability, so neither Sandi or Walter will be personally liable for any obligation that the corporation may acquire or be imposed to (e.g. lawsuits).
Answer: a.
Their institutional arrangements and political policies often discourage productive activity and reduce the potential gains from specialisation and exchange.
Explanation: low income countries often form weak institutions which are not properly formed to effective improve productivity within it's economy, Political structures in most of the low income countries are either improperly founded or established without a well cut out framework.Hence, this weak institutions and improperly instituted political structures makes it difficult for specialisation and exchange programs or activities.
Specialisation helps to improve efficiency within an economy which helps economies to identity and improve on its strengths which can either be it's Human and or natural resources.
Correct/Complete Question:
Broker Needa leaves for vacation. In his absence, associate Wanna will be handling the escrow accounts. If Wanna errors with the accounting procedures:
A. Broker Needa's license will be revoked
B. Broker Needa's vacation may be permanent as he is ultimately responsible
C. The Commission will excuse Needa and Wanna; everyone needs a vacation
D. Broker Wanna's solely responsible for her actions
Answer:
B. Broker Needa's vacation may be permanent as he is ultimately responsible
Explanation:
Since Broker Needa is the employer of Wanna, he is ultimately responsible for the errors as the assistant works under his license. Brokers are always responsible for agents under their license.
I hope this helps.