Ask question

Ask question

All categories

2 years ago

8

Which of the following issues can be offered to the public under the 1933 Act?

1 answer:

dedylja [7]2 years ago

3 0

Answer:

Which of the following issues can be offered to the public under the 1933 Act?

1. An exempt security.

2. A security registered under the Act.

Explanation:

The security's act of 1933 was formulated and passed into law in 1933 to protect investors after the stock market crash of 1929. The law had two major objectives; to enable transparency especially in the financial statements so that investors can make decisions after considering all aspects and also to provide regulations against misrepresentation to discourage cases of fraud in the securities markets.

The security's act of 1933 provided legislation on the sale of securities which was initially governed by the state laws. The law required the companies to register with the Securities and Exchange Commission (SEC) for full disclosure to potential investors. The information is provided to SEC and the potential investors in the form of a prospectus and a statement of registration.

The following issues are including in what can be offered to the public under this act, namely;

1. An exempt security.

2. A security registered under the Act.

However, the SEC does not approve a prospectus therefor issue number three is not true.

You might be interested in

In a random sample of patient records in cutter memorial hospital, six-month postoperative exams were given in 90 out of 200 pro

ANEK [815]

I think the reason why the normality of these two proportions is assumed because of n(3.13159) greater than or equal to 10 and n(1 - 3.13159) is greater than or equal to 10. Therefore, for each sample in this research, it must be taken separately.

4 0

3 years ago

Consider an exchange-traded call option contract to buy 500 shares with a strike price of $40 and maturity in four months. Expla

kvasek [131]

Answer:

The explanation of the terms of the option contract change is below

Explanation:

a. Every call option contract will cover more shares

= 500 × 1.1

= 550

for computing the 1.1 (1 + 10%)

The strike price will be reduced for each share to

= 40 ÷ 1.1

= $36.364

b. Cash dividend would not adjust the terms of the contract but the contract value would decrease if it is an option to call and increase if it is an option to place

c. Each contract call option will cover more shares

= 500 × 4

= 2,000

The strike price will be reduced for each share to 40 ÷ 4

= $10

3 0

3 years ago

Why do you think effective planning is necessary in achieving our objectives?

MakcuM [25]

Answer:

yes by planning we can be success and can get instructions oursrlves

8 0

3 years ago

Bob is a manager at dow corning who has lost five of his employees during the last year. now he has to make a decision about how

Korolek [52]

I believe that the problems Bob is going Face is...he will struggle with Ideas and he will have many Diclamers along the way

8 0

2 years ago

The level of inventory of a manufactured product has increased by 8,000 units during a period. The following data are also avail

LiRa [457]

Answer:

There will be a difference in the income .

Absorption costing income will be lower as it transfers all the fixed costs to the ending inventory.

Variable costing income will be higher as it does not transfer the fixed costs to the ending inventory.

The difference will be of $ 104000

Explanation:

Increase in units 8000

Variable Fixed

Unit manufacturing costs of the period $24.00 $10.00

Unit operating expenses of the period 8.00 3.00

Total Unit Costs $ 32.00 $ 13.00

The net operating income under variable costing for the year will be $ 13* 8000= $ 104000 Lower than the net operating income under absorption costing. This is because the all fixed costs will be treated as period cost rather than product costs.

In variable costing the ending inventory will be $104000 lower than the ending inventory under absorption costing because the fixed costs will not be allocated to products.

Under variable costing, the units in the ending inventory will be costed at $32 each.Under absorption costing, the units in the ending inventory will be costed at $32+ $ 13= $ 45 each.

7 0

3 years ago