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Svetradugi [14.3K]
3 years ago
15

Karen learns from a coworker at her pharmaceutical company that one of the firm's most profitable drugs will be pulled off the m

arket. Before the news becomes public, she sells all of her stock in the company. This action is best described as:________.A. Martha Stewart syndrome.
B. Insider trading.
C. The stakeholders dilemma.
D. Conflict of interest.
Business
2 answers:
taurus [48]3 years ago
8 0

Answer:

B. Insider trading

Explanation:

Insider trading -

It refers to the practice of selling or buying the stocks of the company by any non - public person , is referred to as insider trading .

The practice can be legal as well as illegal , depending on the process of trading .

The process is illegal when the information is non - public , and is legal when the information is public .

Hence , from the given scenario of the question ,

The correct answer is B. Insider trading .

pashok25 [27]3 years ago
7 0

Answer: This action is best described as INSIDER TRADING.

Explanation: Insider trading in finance can be defined as the illegal buying or selling of securities of a publicly held company by a person who has privileged access to information concerning the company's financial condition or plans.

Karen having privileged access to information that one of the firm's most profitable drugs will be pulled off the market was able to act on it. This is actually an illegal act.

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Answer:

Part 1.

Contribution margin income statement for the year.

Sales (4,900 x 340)                                                        1,666,000

<u>Less Variable Costs </u>

Plastic for casing                                        171,500

Wages of assembly workers                   490,000

Drum stands                                              215,600

Sales commissions                                    161,700       (1,038,800)

Contribution                                                                      627,200

<u>Less Fixed Costs</u>

Taxes on factory                                          6,000

Factory maintenance                                 12,000

Factory machinery depreciation               72,000

Lease of equipment for sales staff           12,000

Accounting staff salaries                           62,000

Administrative management salaries      142,000       (306,000)

Net Income                                                                      321,200

Part 2.

Contribution margin per unit = $627,200 / 4,900  = $128.00

Contribution margin ratio =  $627,200/ $1,666,000 = 37.65 %

Explanation:

The Contribution Margin Income Statement calculates separately the contribution and net income as shown above.

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You live on your own but your getting kick out you have a truck to what do you do?
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Explanation:

3 0
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Answer:

Net Capital Spending = $121

Explanation:

The Net Capital Spending is the amount of money a company spends in the acquisition of fixed assets during the year. Mathematically, it is represented as:

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