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eimsori [14]
4 years ago
6

Rahim, an accountant for Alamo, Inc., learns of undisclosed company plans to market a new laptop. Rahim buys 1,000 shares of Ala

mo stock. He reveals the company plans to Tammy, who buys 500 shares. Tammy tells Jethro, who tells Hu. Both Jethro and Hank buy 100 shares. They know that Tammy got her information from Rahim. When Alamo publicly announces its new laptop, Rahim, Tammy, Jethro, and Hank sell their stock for a profit. Under the Securities Exchange Act of 1934, Tammy is most likelyâ ____
Business
1 answer:
saul85 [17]4 years ago
3 0

Answer:

The correct answer to the following question is insider trading.

Explanation:

Insider trading can be defined as a process in which an individual ( who can be company employee, officer, 10% owner of the stock etc ) , who has the access to the confidential information ( in the given case it is of company making new laptops ), buys and sells company's share on the stock exchange , within the 6 month time period and is able to earn profit. Insider trading is illegal in U.S.A , as Securities and exchange commission wants to maintain a fair market place for everyone.

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As referred to in the NSMIA, the term "covered security" would apply to
koban [17]

Answer:

Correct Answer:

C) I and IV

Explanation:

In stock market, any security equal or senior to one listed on the NYSE is a covered security. Because, it is guaranteed by a Federal law. Municipal bonds are a covered security except in their state of issuance.<em> On the other-hand, Pink Sheet and OTC Bulletin Board securities are not considered covered.</em>

5 0
3 years ago
A small trucking company is planning to install a GPS system in each of the five trucks the company owns. Each system costs $460
tatiyna

Answer:

a. The $7002.73 new annual net income is necessary to recover the  initial investment of the five GIS systems at the annual effective interest rate of 10%

b.   Since $6000 revenue is less than $7002.73 project is not viable financially.

Explanation:

a . Total initial cost = 4600*5

                                = $23000

Total Salvage Value = 300*5

                                   = $1500

Operating cost = $1000 with a gradient of $100.

PV of operating cost = 1000(P/A,5,10%) + 100(P/G,5,10%)

                                   = 1000(P/A,5,10%) + 100(P/A,5,10%)(A/G,5,10%)

                                   = 1000*3.7908 + 100*3.7908*1.8101

                                    = 3790.8 + 686.17

                                     = $4476.97

PV of salvage value = 1500(P/F,5,10%)

                                  =1500*0.6209

                                  = $931.35

NPV = -23000 - 4476.97 + 931.35

        = - $26545.62

annual revenue to get $26545 = 26545.62(A/P,5,10%)

                                                     = 26545.62*0.2638

                                                      = $7002.73

Annual Revenue = $7002.73

Therefore, The $7002.73 new annual net income is necessary to recover the initial investment of the five GIS systems at the annual effective interest rate of 10%

b.   Since $6000 revenue is less than $7002.73 project is not viable financially.

3 0
3 years ago
Discuss the role of management in the larger societal context. what do you think the managers of the future will be like?
olganol [36]

Management recreates a vital role in modern culture. It contains the factories of production for social progress, greater productivity, increased jobs and income, better performance, and the satisfaction of society's needs.

<h3>What do you think the managers of the future will be like?</h3>

Management plays an important part in setting the boundaries for what is sufficient ethically and legally. Future managers will be international strategists, right at technology, politicians, and good leader-motivators. . It enables the development of society and the welfare of the public. The future of management depends on flexibility, adaptation, and pragmatism.

To learn more about Management  visit the link

brainly.com/question/14523862

#SPJ4

5 0
2 years ago
The aggregate demand curve shows a _____ relationship between _____ and _____ at a given spending growth.
rewona [7]

The aggregate demand curve shows a relationship between aggregate price level and demand at the given spending growth.

<h3>What is demand?</h3>

Demand is explained as the requirement of a certain product in the market, usually this demand is varied if the prices are changed and the demand also is impacted by the supply.

If the prices are high it is highly likely that the demand of that product will reduce if the product is not a necessity.

If the prices are lower the demand for the product will increase.

Learn more about demand and supply at brainly.com/question/27305760

#SPJ1

5 0
2 years ago
What is the most important component in planning a special event as a way to both advocate for your programs and raise funds?
marysya [2.9K]
I think the answer is Strong leadership, because you can’t have a good event without the right evader
8 0
3 years ago
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