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mash [69]
3 years ago
15

A registered representative with a wealthy clientele has many clients that are officers of publicly held companies. The register

ed representative receives an order from the executive vice-president of ADAP Corp. to sell 4% of the outstanding shares. Prior to placing this order, the registered representative may, in his or her personal account,:__________.
Business
1 answer:
navik [9.2K]3 years ago
4 0

Answer:

buy ADAP common stock

Explanation:

Prior to placing this order, the registered representative may, in his or her personal account, buy ADAP common stock. This is because the representative would be buying against ADAP Corp and therefore the market. The representative cannot Sell ADAP common stock because doing so after having received this information would be considered "Insider Trading" which is illegal since the 4% that the company is selling will most likely cause a dip in price of the shares in the market.

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A study by carnegie mellon university showed that drivers talking on cell phones can miss seeing ......% of their driving enviro
vazorg [7]

(Strayer, D. L. 2007), A study by Carnegie Mellon University showed that drivers talking on cell phones can miss seeing<u> 50 % </u>of their driving environment, including pedestrians and green lights.

<h3>What are the risks of using cell phones while driving?</h3>

There are studies, which have found that drivers who use cell phones while driving are more likely to face accidents resulting in injuries and there is a correlation that exists between phone use and accountability for crashes.

Therefore, (Strayer, D. L. 2007), A study by Carnegie Mellon University showed that drivers talking on cell phones can miss seeing<u> 50 % </u>of their driving environment, including pedestrians and green lights.

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5 0
2 years ago
The New Fund had average daily assets of $2.7 billion in the past year. The fund sold $405 million and purchased $505 million wo
KATRIN_1 [288]

Answer:

turnover ratio  = 16.87 %

Explanation:

given data

average daily assets = $2.7 billion

fund sold = $405 million

purchased = $505 million

solution

we get here turnover ratio that is express as

turnover ratio = \frac{total\ stock\ sold}{daily\ assets}    ................1

put here value and we get turnover ratio

turnover ratio = \frac{405\ million}{2400\ million}

turnover ratio  = 0.16875

turnover ratio  = 16.87 %

5 0
3 years ago
Explain the distinction between par value and no-par value stock.
IrinaVladis [17]

The par value of an inventory is the fee in line with proportion assigned by way of the enterprise that problems it, regularly set at a totally low amount which includes 1 cent. Stocks are issued without a particular minimum price. Neither form has something to do with the real price of marketplace proportion.

Shares include stocks wherein the possession of a organisation or business has been divided. One share represents a partial ownership interest in the organisation over the total variety of shares.

A stock is a shape of safety that represents the holder's proportional hobby within the issuing employer and is typically bought on a inventory exchange.

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4 0
1 year ago
A natural resource, such as fishing territories, is considered an example of :
MrMuchimi

Answer: Option C

           

Explanation: In simple words, land refers to the place where the core operations of the business have to happen initially such as manufacturing, administration  etc.

Capital refers to the resources that are invested by owners with the objective of operating business. And labor refers to the man force employed in business for operations.

Hence fishing territory is a land as it is not invested by any owner and without any employment of workforce it does not have any utility.

8 0
3 years ago
In a two-stage activity-based costing model, stage one involves Select one: A. assigning direct costs to cost objects. B. assign
LekaFEV [45]

Answer:

The correct answer is letter "B": assigning indirect resource costs to activity pools.

Explanation:

Activity-based costing or ABC is a managerial accounting method that assigns indirect costs to the products which incur the bulk of those costs. In the manufacturing sector, ABC is mainly used to help measure the true cost of output per unit.

<em>The two-step ABC approach involves assigning indirect costs of support departments -e.g., maintenance, quality control- to pools of production departments in the first step. In the second step, activity costs are combined with the indirect costs and overhead rates are added.</em>

5 0
3 years ago
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