Debt Equity Inc., and its officers, directors, and employees, buy and sell securities based on financial research and analysis. Section 16(b) of the Securities Exchange Act of 1934 covers purchases and sales of securities involving
A. corporate insiders, such as officers, directors, and employees.
B. misappropriation of material, nonpublic information.
C. short-swing profits.
D. tippers and tippees.
Answer: C
You might also like to view...
Answer the following statements true (T) or false (F)
1. By and large, speed reading isn't effective because it does not work well for difficult or unfamiliar material. 2. Advice to help streamline your reading includes asking subordinates to screen, scan, or summarize it for you. 3. Top-down reading requires managers to summarize important information in reading and to share it with subordinates. 4. When your reader is attached to a solution other than the one you propose, your writing should order points from most controversial to least.
All database users need full access to all tables and fields in the database.
Answer the following statement true (T) or false (F)
Luarca Corporation has two manufacturing departments--Casting and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:??CastingCustomizingTotal?Estimated total machine-hours (MHs)2,0003,0005,000?Estimated total fixed manufacturing overhead cost$11,600$7,200$18,800?Estimated variable manufacturing overhead cost per MH$1.90$2.80?During the most recent month, the company started and completed two jobs--Job F and Job L. There were no beginning inventories. Data concerning those two jobs follow:??Job FJob L?Direct materials$10,600$6,600?Direct labor cost$24,400$8,600?Casting machine-hours1,400600?Customizing machine-hours1,2001,800Required:Assume that the company uses a plantwide predetermined
manufacturing overhead rate based on machine-hours and uses a markup of 50% on manufacturing cost to establish selling prices. Calculate the selling prices for Job F and Job L. What will be an ideal response?
________ is the practice of trading goods and services without the use of money.
A. Noncash incentive B. Consignment C. Barter D. Float