Answer:
public before he bought the stock
Explanation:
The dividend is a sum of money paid by a company regularly to its shareholders out of its profits.
Insider trading refers to the illegal practice of trading on the stock exchange on having confidential information regarding the shares.
In this question,
Lee would not be liable for insider trading if the information about the dividend was public before he bought the stock.
Answer:
The owner's equity at the end of the year results to $64,400
Explanation:
We are able to calculate this through simple addition and subtraction
First we must view how much was payed through tax
t = 4,200 - 3,200 = 1,000
58,900 - 1,000 = 57,900
Than, due to the repurchase of $6,500 of stock, we must include this within our final equation
57,900 + 6,500 = 64,400
Hope this helps
Answer:
The correct answer is letter "A": Receivables occur when a business loans money to another party.
Explanation:
Account receivables are the result of providing goods or services to customers on credit. The receivable is a promissory note of repayment in a determined period and considering the increase of the purchase value because of interest. Accounts receivable help the producer to remove unnecessary inventory of its warehouse by allowing customers to take the products on account.
<em>Receivables can also be the result of lending money to another firm.</em>
Answer:
The customer's tax basis is:
$20,000.
Explanation:
The non-recourse notes of $20,000 do not provide basis for the customer's tax. Since the partnership cannot recover beyond the secured property, a non-recourse note is not a qualified basis. IRS Section 752 rules apply to non-recourse liabilities. A non-recourse note provides the basis for partnership distributions but generally do not provide basis for at-risk rules.
Answer:
rises the greater the time frame considered.
Explanation:
Since in the question, it is given that the rubber price increased up and they are made up of synthetic materials. Due to an increase in the price of the rubber, there is a large decline in quantity demanded
So this represents that if the price elasticity of demand increased the more the time period is relevant
