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Nastasia [14]
3 years ago
5

Which of the following was the result on appeal in Securities and Exchange Commission v. Texas Gulf Sulphur Co, the case in the

textbook in which it was alleged that corporate employees possessed inside information involving the likelihood of a major mineral find precluding them from trading in their company's stock?
Business
1 answer:
soldi70 [24.7K]3 years ago
4 0

Answer: According to the case in the textbook, the result on appeal on in securities and exchange commission vs Texas Gulf sulphur co was that That the defendants could be held liable because they failed to reveal material information to the public.

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Morrison Foods has decided to introduce a new line of turkey products to the American consumer. Turkey steaks resemble beefsteak
lesya [120]

Answer:

Cultural congruence

Explanation:

Cultural congruence refers to the process that leads towards an efficient interaction between the producers and the consumers. This process is modeled upon the phenomena of evolving and growing cultural significance. The amalgamation and interaction between the provider and the consumers lead to the quality of the service provided.

The given excerpt brings towards the use of the strategy of cultural congruence. The company Morrison Foods took the step of introducing Turkey products to American consumers. Improving the quality of the product and the mode of communication and care may help the company establish a good relation and customers in America.

6 0
3 years ago
From the following statements, select the one that describes the effect of dividends on equity.
Firdavs [7]

Answer: d) Dividends cause equity to decrease.

Explanation:

Dividends are payments to shareholders as a way of sharing the profit that the company made with its owners. Net profit is added to the Equity of company.

In other words, dividends cause equity to decrease because they are taken from Retained Earnings (net income) which are added to Equity. By reducing the amount of Retained earnings available therefore, dividends are reducing Equity.

4 0
3 years ago
Which of the following tends to result in a decrease in the selling price of houses in an area? A. An increase in the population
juin [17]

Answer:

An increase in mortgage interest rates.- D.

7 0
3 years ago
A friend of Mr. Richards recently won a law suit for $30 million. They have the ability to either take the payments over 10 year
denis23 [38]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A friend of Mr. Richards recently won a law suit for $30 million. They can either take the payments over 10 years or settle today for cash of $25 million. Mr. Richard is optimistic that he can earn a 6% return on the money and that they should settle for $25 million today and he will invest it for them.

First, we need to find the present value of the 30 million.

To do that we need to calculate the final value.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {3,000,000*[(1.06^10)-1]}/0.06= 39,542,385

PV= FV/(1+i)^n= 39,542,385/1.06^10= 22,080,261

B) Now we know that the present value of option B is higher. One dollar today is better than one dollar tomorrow. It is better to receive the money now to invest it.

5 0
3 years ago
On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four useful
Ymorist [56]

Answer:

$10,000

Explanation:

Depreciation is charged to every asset based on the life and usage of such asset.

Straight line depreciation method charges equivalent depreciation each year of the useful life of the asset.

Here, as provided straight line depreciation = \frac{Cost\ of\ asset\ - Salvage\ value}{Life\ of\ asset}

Here, cost of asset = $48,000

Salvage value = $8,000

Thus, numerator in fraction = $48,000 - $8,000 = $40,000

Useful life of the asset = 4 years

Therefore, depreciation expense for each year = \frac{40,000}{4\ years} = 10,000

It will be same for each year, therefore, depreciation expense for year 2 = $10,000

3 0
3 years ago
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