It is completely inappropriate to suggest that the securities and exchange commission supported the practice of insider trading on the stock market. Therefore, the statement given above is false.
<h3>What is the significance of insider trading?</h3>
Insider trading can be referred to or considered as an unfair trading practice of placing trade on securities of a company due to a possession of an unpublished price sensitive information not accessible to the public.
To protect the interests of general investors in the stock market, the securities, and exchange commission has laid strict regulations and fines as well as imprisonment on the practice of insider trading in the stock market.
Therefore, the statement given above regarding the significance of insider trading is false.
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The question given above is to be assumed as a TRUE or FALSE question. The answer has been given under same assumption.
Answer:
C) $21,080
Explanation:
The computation of the net operating income is given below:
Particulars Per unit Total
Sales $114 $1,128,600
Less: Variable expenses:
Raw material cost (6 pounds for $4) $24 $237,600
Direct labor cost (2.4 hours for $24) $58 $570,240
Manufacturing overheads (2.4 hours for $9) $22 $213,840
Variable selling and admin expenses $2 $15,840
Contribution margin $9 $91,080
Less: Fixed Selling and admin exp $70,000
Net operating income $21,080
The answer to the question is shown below.
<h3>
What is the Interest rate?</h3>
- In finance and economics, interest is the payment of an amount above the repayment of the principal sum (that is, the amount borrowed) by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by borrower or deposit-taking financial institution.
- It differs from a fee that the borrower may pay to the lender or a third party.
- It is also distinct from a dividend, which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a fixed rate, but rather on a pro-rata basis as a share of the reward gained by risk-taking entrepreneurs when revenue exceeds total costs.
Calculation:
Given -
Annual Interest Rate:
So, Annual Interest Rate:
- 5.75% = 1000 × 5.75%= 57.50
- 6.40% = 1000 × 6.40%= 64.00
- 6.00% = 1000 × 6.00%= 60.00
- 7.55% = 1000 × 7.55%= 75.50
So, Semiannual Interest Amount:
- 5.75% = 1000 × 5.75%/2 = 28.75
- 6.40% = 1000 × 6.40%/2 = 32.00
- 6.00% = 1000 × 6.00%/2 = 30.00
- 7.55% = 1000 × 7.55%/2 = 37.75
Therefore, the answer to the question is shown below.
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The complete question is given below:
Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of $1,000. (Round your answers to 2 decimal places.) Find: Annual Interest Amount, and Semiannual Interest Payment
Annual Interest Rate:
5.75%
6.40%
6.00%
7.55%
Sorry I don’t know but thank for the point
A(n) Enterprise System is central to individuals and organizations of all sizes and ensures that information can be shared across all business functions and all levels of management to support the running and managing of a business.
<h3><u>
Explanation:</u></h3>
The important process that are used by the business can be easily integrated and coordinated with the help of an ERP or an enterprise system. The main purpose of using an ERP system is for the planning of the resources that are used by an organisation. This helps an organisation to integrate different range of applications and also managing the supply chains.
There are different Enterprise system that business can use for its effective working. They include resources planning (ERP) systems,
customer relationship management software and enterprise planning systems. An Enterprise System acts as a hub in center for the organisations of varying size and serves it for ensuring information flow along the management levels and business functions for its effective operation.
