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Aleonysh [2.5K]
4 years ago
11

Kenneth was walking past a closed office door when he heard a top company executive yell, Sell my stock before the whole company

goes under.' Kenneth became worried enough that he emailed other employees to immediately join him in selling their shares. Did he do anything wrong? No, Kenneth had a right to share this type of news because if he did not everyone might lose their investments Yes, the information was 'indirect,' but it was still used to make a decision before it was publicly shared. Yes, Kenneth knows he cannot use work email for personal use. No, nothing was said directly to Kenneth
Business
1 answer:
Tju [1.3M]4 years ago
5 0

Answer:

Consider the following analysis

Explanation:

1. yes, it is wrong. it comes under insider trading only. using the confidential information for self benefit is comes under insider trading only. in this example, he heard something, he does not know it is right or a wrong. share the same with others is his wish, but selling the total stock, is going to interrogate later.

2. discovery in legal aspects is the proces of learn about the other side of the case, when there are two parties involves in a case, identifying the other aspects and view of other party in legal view is called discovery. there are different alternatives in this, they are: depositions, interrogatories, request for production, request for admission, physical examination or legal assistance.

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Prepare the adjusting journal entries for the following transactions.
Anuta_ua [19.1K]

Answer: See attachment

Explanation:

The adjusting journal entries for the transactions has been attached. It should be noted that for (a), there was a debit of supplies expense by $400 which was calculated as:

= $500 - $100

= $400

For (d),the accounting revenue of $1000 was gotten as:

= 1/2 × $2000

= $1000

3 0
3 years ago
What is contract theory
lapo4ka [179]

Answer:

the study of how people and organizations construct and develop legal agreements. It analyzes how parties with conflicting interests build formal and informal contracts, even tenancy.

5 0
3 years ago
Read 2 more answers
An example of a(n) _____ is when the U.S. charges Mexico a tax on tomatoes imported into the U.S. as a way to keep those prices
kondor19780726 [428]

Answer:

This is an example of a Tariff

Explanation:

A Tariff is a tax imposed on the importation of a commodity into a country.

If the US demands that a fee is paid to the government for every tomato coming from Mexico, this fee will be called the tariff that Mexico pays to the US government.

Tariffs serve as forms of regulation of foreign trade and help maintain stability in prices of domestic products within the country.

8 0
4 years ago
Read 2 more answers
GEO Inc. has paid annual dividends of $.41, $.47, and $.53 a share over the past three years, respectively. The company expects
Anna11 [10]

Answer:

current price =3.68

Explanation:

annual dividends of $.41, $.47, and $.53 over the past three years

discount rate of 14.4%

current value per share will be given by the formula

current price = last dividend/discount rate

in this case we have that

current price = 0.53/0.144=3.68

7 0
3 years ago
The account balances of Sentinel Travel Service for the year ended August 31, 2019, are listed below:
Yanka [14]

Answer:

Explanation:

The preparation of the report form balance sheet as of August 31, 2019 is presented below:

                                      Sentinel Travel Service

                                 Report form balance sheet

                              For the year ended August 31, 2019

Assets

Cash                                             $143,125

Account receivable                     $54,240

Supplies                                       $9,300      

Land                                             $248,000

Total assets                                 $454,665

Liabilities

Account payable                        $19,370

Owner equity

Ending capital                            $435,295

Total liabilities

And owners equity                    $454,665

The net income would be

= Fees earned - Office expense - Miscellaneous expense - Wages expense

= $774,800 - $178,205- $15,495 - $371,905

= $209,195

And, the ending capital would be

= Opening capital - withdrawn amount + net income - additional cpiatl

= $209,000 - $29,400 + $209,195 + $46,500

= $435,295

7 0
4 years ago
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