Innovation and enterprise

Rico does not work for Street Bikes Company, but wrongfully obtains inside information concerning the firm. Based on the informa

Juli2301 [7.4K]

Answer: The misappropriation theory

Explanation:

The misappropriation theory is basically describe about the various types of security fraud violation against the data source.

It is basically uses for the insider trading and when the individual person misusing the confidential data or information and also violating all the securities laws.

According to the question, the given argument is basically describe about the misappropriation theory.

Therefore, The misappropriation theory is the correct answer.

5 0

3 years ago

Carla Corporation owns machinery that cost $24,800 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $

liberstina [14]

Answer:

a. Journal entries to update depreciation for 2021:

Debit Depreciation expense $1,984

Credit Accumulated depreciation account $1,984

b. Journal entries to record the sale:

Debit Cash $13,020

Debit Accumulated depreciation account $12,400

Credit Gain on asset disposal $620

Credit Machinery asset $24,800

Explanation:

a. Depreciation of the machinery has been recorded at a rate of $2,976 per year.

Depreciation per month = $2,976/12 = $248. In 2021, the machinery is used from Jan 1 to August 31 (8 months).

Depreciation expense for 2021 = $248 x 8 = $1,984

Journal entries to update depreciation for 2021:

Debit Depreciation expense $1,984

Credit Accumulated depreciation account $1,984

b.

Accumulated depreciation account at December 31, 2020 has credit balance of $12,400 ($10,416 + $1,984 = $12,400)

The carrying amount of the machinery = Cost of the machinery - Accumulated depreciation = $24,800 - $12,400 = $12,400

Sales price - Carrying amount of the machinery = $13,020 - $12,400 = $620>0

The company recognizes gain on the sale. Journal entries to record the sale:

Debit Cash $13,020

Debit Accumulated depreciation account $12,400

Credit Gain on asset disposal $620

Credit Machinery asset $24,800

8 0

3 years ago

Economist Jones favors a constant-money-growth-rate rule. She says that if the annual money supply growth rate each year is equa

scZoUnD [109]

Answer: d. b and c

Your analysis assumes that velocity is constant, and it is not.

Your analysis assumes that you can correctly define the money supply

Explanation:

Here are the options for the question:

a. Your analysis assumes that Real GDP is constant over time, and it is not.

b. Your analysis assumes that velocity is constant, and it is not.

c. Your analysis assumes that you can correctly define the money supply.

d. b and c

e. a, b and c

According to the constant-money-growth-rate rule, the government should target money growth rate in a way that it will be equal to growth rate of the real GDP.

The likely thing that economist Smith, who favors activist monetary policy would say to economist Jones is that Jones is assuming velocity will be constant, and is also correctly defining the money supply which should not.be the case as velocity isn't always constant.

7 0

3 years ago

When a round of downsizing forced Olivia's boss, Karen, to ask Olivia to absorb the responsibilities of the laid-off grant write

KIM [24]

Answer:

A

Explanation:

6 0

3 years ago

Which of the following is true of the Siemens bribery scandal? a not selected option a It stopped before the investigation began

Fiesta28 [93]

Answer:

The true statement about the Siemens bribery scandal is:

b The CEO was involved and condoned it.

Explanation:

The 2008 Siemens scandal was an organized and deliberate effort by the company to bribe government officials in order to secure supply contracts from national governments. It was a worldwide act perpetrated by senior management officials with a long-term pattern. The massive bribery attracted a fine of $160 billion. It seems that bribery is an "embedded business culture in the company."

5 0

3 years ago