Insider trading occurs when persons buy or sell securities on the basis of information that is not available to the pubic.
Answer the following statement true (T) or false (F)
True
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The confidence interval approach to sample size determination is based on the construction of confidence intervals around the means or proportions using the standardized variate formula
Indicate whether the statement is true or false
Valber Company is considering eliminating its phone division. The company allocates fixed costs based on sales. If the phone division is dropped, $150,000 of the fixed costs allocated to that division could be eliminated. The impact on Valber's operating income from eliminating the phone division would be: Desktops Laptops Tablets PhonesSales$356,000 $871,500 $694,000 $975,000 Variable costs 201,000 635,000 528,000 795,000 Contribution margin 155,000 236,500 166,000 180,000 Fixed costs 71,200 174,300 138,800 195,000 Net income (loss) 83,800 62,200 27,200 (15,000)
A. $15,000 increase B. $150,000 decrease C. $150,000 increase D. $30,000 increase E. $30,000 decrease
With reference to #51, what if the owner of the land had taken title with a general warranty deed from the seller?
A)?Then the seller would be required to cover the cost of the mortgage because the lack of a permit is a breach of the warranty of possession. B)?The seller would be required to cover the cost of the mortgage because the property cannot be used for what was warranted to the buyer. C)?The warranty deed does not cover zoning issues with the property. D)?The seller would have to cover damages only if it was a special warranty deed.
Withdrawals by the owner are reported on the income statement.
Answer the following statement true (T) or false (F)