Your broker Luke works for a major bank that is working on the merger between ABC Inc. and XYZ Corp. The news is going to be released to the public next week. If you decide to buy some stocks now and split the profits with Luke, your actions should be categorized as
Q: Question 39 TTn. produces denim bets. The production budget for the next tour months is My S0 unts…
A: The production budget is prepared to estimate the number of units to be produced during the period.
Q: 17. Most lease agreements between landlords and tenants are classified as an estate for years. True…
A: Lease is a contract made between party who transfer land, property, and services to the another…
Q: How much is the net cash flow from financing? O (P 285,000) O (P510,000) O (P210,000) O (P445,000)
A: Cash flow from financing activities include the cash paid or received from the financing activities…
Q: A. What amount should be reported as basic earnings per share? B. What amount should be reported as…
A: What Is Earnings Per Share (EPS)?Earnings per share (EPS) is computed by dividing the company's…
Q: On December 31, 2022, Day Company leased a new machine from Parr with the following pertinen…
A: Lease liability is the obligation of the person who has taken an asset on lease.
Q: At the beginning of the current period, Ayayai Corp. had balances in Accounts Receivable of $300,000…
A: For credit sales we should debit Account receivable account and credit sales revenue account.
Q: 2,150,000 1,750,000
A: Journaling is the process of recording business transactions in accounting records. This activity…
Q: Consider the following investment: Initial cost = $150,000. %3D Annual revenue = $50,000, Annual…
A: The answer has been mentioned below.
Q: The president of the retailer Prime Products has just approached the company's bank with a request…
A: Budgeting - Budgeting is the process of estimating future operations based on past performance. %…
Q: HZ Company had outstanding 2,000 shares of P100 par value 8% cumulative preference share and 30,000…
A: Dividend is distribution of cash or stock paid out to the shareholders out of stock. The working is…
Q: Please answer as thoroughly as possible. This is a huge refresher for me and I will use your…
A: In this question, we have to calculate the different ratios which are a liability to Equity ratio,…
Q: Many companies recognize that their cost systems are inadequate for today's powerful global…
A: The traditional costing method uses a single overhead recovery rate while in the case of ABC…
Q: Loren Company uses many kinds of machines in operations. The entity acquires some machines from…
A: Note: Insurance costs incurred on the machine for the transit to the destination are only…
Q: 5. Compute the following financial ratios for 2015 and 2016 and interpreting the results in the…
A: as per the guidelines we can provide the answer for 3 sub part ( first 3) of any question . answer…
Q: The following errors were made in preparing a trial balance of DK VENTURES: The P7,000 debit balance…
A: Trial balance is prepared after the ledger accounts which shows the debit and credit balance of all…
Q: narket value of is 80 million pon
A: Duration of security tells us that how much will be change in value of security with change in…
Q: Villanueva Company has two producing and two service departments labeled P1, P2, S1 and S2,…
A: Direct Method: Under direct method, service department costs are allocated to production departments…
Q: or the year ended December 31, 2020, Tam's records total franchise revenue in an amount of
A: Revenue to be recognised is equal to = initial amount on signing of contract + yearly revenue +…
Q: Question Three AU Ltd manufactures and sells a single product, the company's sales and expenses for…
A: Hi student Since there are multiple subparts, we will answer only first three subparts.
Q: Shale Remodeling uses time and materials pricing. It reports the following information: Direct…
A: Material mark up percentage is based on the material related overhead and markup rate on the…
Q: On December 3, 2009, the home office of Jimin Company recorded a shipment of merchandise to its…
A: Journalizing- Journalizing is the process by which businesses record their transactions in a…
Q: What amount should be
A: Shareholders also invest money in the company and in return they become the owners in proportion to…
Q: On January 15, 2022, 5,000 share with par value of P 100 per share of MANE Company were issued in…
A: When assets are acquired in exchange for shares, the assets are recorded at the fair value of the…
Q: Determine the account and amount to be debited and the account and amount to be credited for the…
A: Depreciation: Depreciation means the reduction in the value of an asset over the life of the assets…
Q: 00,000 d revenue from subscri
A: The deferred revenues from subscriptions account accounts for subscription fees which was received…
Q: Compare these two investments A: A USD 1,000,000 investment that earns USD 50,000 in interest. B: A…
A: Return on investment is a financial ratio that is calculated to evaluate the efficiency of an…
Q: of $75000. How much is Meghan's 2021 QBI deducation?
A: QBI is an acronym, abbreviation and stands for the qualified business income deduction, it is the…
Q: In the accounting literature, there is substantial scepticism towards the adoption of the…
A: The process of defining, assessing, and reporting transactions to regulatory authorities, tax…
Q: Company X is a manufacturing firm with total liabilities of Php3,000,000. During the year, it…
A: The borrowing costs can be defined as the cost of taking a loan that is interest costs. Interest…
Q: In the separate financial statement of the parent company, which of the following statements…
A: The correct answer for the above mentioned question is given in the following steps for your…
Q: What are the Alternative Courses of Action to deal with the problems that needs to be identify,…
A:
Q: process, with a cost of Kshs 9,000.Direct labour cost for the month was Kshs.3,840.Production…
A: Process Costing : Process costing is the costing method which is been used to determined cost…
Q: bo19 bns 2noS es mile Company has underapplied overhead of P45,000 for the year ended ecemben om. 3…
A: The underapplied or overapplied overhead cost is closed to various accounts as work in process,…
Q: 00 cash plus accrued interest. Gi burse and assesses a finance cha
A: Fair market value refers to the monetary value of an asset at which the asset will be sold in the…
Q: this ofIce room kWh Eur april 721.95 187.11 march 760.7 189.04 feb 652.52 175.03
A: Renting: Renting is act where the owner of house or office space allowed another party to use it for…
Q: 4.) In 1992, Silicon Chemical Company purchased a special purpose machine that had a fair price of…
A: Depreciation Accounting is the method of debiting the cost of an asset and crediting it to a…
Q: During Year 3, Anywhere, Inc. (AI) incurred the following product costs. $ 84,000 107,220 69,000 Raw…
A: Total cost = Beginning WIP + materials used + direct labor costs + Overhead cost The cost per unit…
Q: 6.) A contractor imported a bulldozer for his job, paying P250,000 to the manufacturer. Freight and…
A:
Q: If husband and wife are both employed, which is correct regarding their income tax exemption in the…
A: As per our protocol we provide solution to the one question only and you have asked more than one…
Q: e $3,000 due to paid
A: The Interest amount is shown as, = (face Value - amount received = 3000 - 2869.11 = $130.89
Q: Al Kawthar Company has oil and gas properties located only in the United States. Data for Al Kawthar…
A: Equivalent Units- Equivalent units are measures of how much work a manufacturer does. Simply put,…
Q: For fiscal year 2021, ABC Corporation, a retailer, has P1.4 billion in gross sales, P560 million in…
A: Income tax due is the amount being paid by the taxpayer or the business owner over the net income…
Q: What are the formulas that were used here?
A: If the rate of return and the periodic payment do not vary, the future value of an annuity can be…
Q: an economic life of 5 years. Sales for 2021 amounted to P3 its economic life are expected to be…
A: Solution Calculation of software carrying value on 31st Dec, 2021 Software value on 1st Jan, 2021…
Q: 58. In relation to the above, how, much is Mr. Harry's tax due? A. PO C. P1,000 B. P2,000 D.…
A: Tax due refers to all the federal income taxes, interest, alternative minimum taxes and any other…
Q: rue or False: Sarah is a manager who pays workers less than what they deserve because she knows they…
A: Any action can be termed as illegal only when it is against the law. An unethical action that is not…
Q: n an operating lease, when the annual lease payment is greater than the straight-line amortization…
A: Prepaid rent is the payment of money in advance for the purpose of rent. It would be recognized as a…
Q: On January 1, 2021, Tonge Industries had outstanding 540,000 common shares ($1 par) that originally…
A: Basic earnings per share: - Basic EPS measures how much a business earns per share without going…
Q: a 5-year useful life and, no salv: llowing four methods of depred
A: Given as, Investment= $100, 000 Life= 5 years Percentage= 10 %.
Q: On January 1, 2021, Raffy Company took out a loan of P24,000,000 in order to finance specifically…
A: Borrowing costs are capitalized on the assets when its directly attributable to the acquisition,…
Your broker Luke works for a major bank that is working on the merger between ABC Inc. and XYZ Corp. The news is going to be released to the public next week. If you decide to buy some stocks now and split the profits with Luke, your actions should be categorized as ______.
Question 27 options:
- A)
It is not possible to tell from the information given
- B)
ethical but illegal
- C)
unethical but legal
- D)
unethical and illegal
- E)
ethical and legal
Step by step
Solved in 2 steps
- Question: If you were in Staci’s situation, what would you do? Ethical Dilemma Staci Sutter works as an ana-lyst for Independent Invest-mentBankShares(I2BS),which is a large investment banking organization. Shehas been evaluating an IPO that I2BS is handling for atechnology company named ProTech Incorporated.Staci is essentially finished with her analysis, and sheis ready to estimate the price for which the stockshould be offered when it is issued next week. Accord-ing to her analysis, Staci has concluded that ProTech isfinancially strong and is expected to remain financiallystrong long into the future. In fact, the figures providedby ProTech suggest that the firm’s growth will exceed30 percent during the next five years. For these rea-sons, Staci is considering assigning a value of $35 pershare to ProTech’s stock.Staci, however, has an uneasy feeling about thevalidity of the financial figures she has been evaluating.She believes the…Nancy John, a bright, female investment analyst about to give a major presentation to a group of bankers supporting a corporate acquisition. After walking in and meeting the bankers before you give the presentation, you're asked by your boss to "be a dear and serve them coffee." Imagine the insult and awkwardness of such a situation-what do you do? Do you carry through with the task, sacrificing your dignity or doing something wrong because you can't afford to lose the job? Or do you speak up? A group of Swiss occupational health researchers have recently started a program of research on illegitimate tasks, or tasks that violate "norms about what can reasonably be expected from a given person" in a job. Question: 1. What do you think of this situation? 2. What might cause supervisors and managers within organizations to allocate these kinds of tasks? 3. Can you explain it based on 'positive reinforcement' behavior and suggest some suggestion?You are currently working for Clissold Industries. The company, which went public five years ago, engages in the design, production, and distribution of lighting equipment and specialty products worldwide. Because of recent events, Mal Clissold, the company president, is concerned about the company’s risk, so he asks for your input. In your discussion with Mal, you explain that the CAPM proposes that the market risk of the company’s stock is the determinant of its expected return. Even though Mal agrees with this, he argues that his portfolio consists entirely of Clissold Industry stock and options, so he is concerned with the total risk, or standard deviation, of the company’s stock. Furthermore, even though he has calculated the standard deviation of the company’s stock for the past five years, he would like an estimate of the stock’s volatility moving forward. Mal states that you can find the estimated volatility of the stock for future periods by calculating the implied standard…
- Give typing answer with explanation and conclusion Which of the following represent undiversifiable risks? I. The Federal Reserve raises interest rates. II. A product is recalled because of safety problems. III. The economy slips into a recession. IV. The CEO 's divorce settlement forces him to sell off half of his stock holdings.In a few sentences, answer the following question as completely as you can. Imagine you are the treasurer of a small manufacturing firm. Your firm is planning to go public (i.e., sell stock to investors for the first time). One unresolved question concerns the market’s required return on the stock. Given what you have learned, how do you think the required return will affect the market value of your firm’s stock? How would you go about estimating this rate?After discussions with Josh, Carrington and Genevieve agree that they would like to try to increase the value of the company stock. Like many small business owners, they want to retain control of the company and do not want to sell stock to outside investors. They also feel that the company's debt is at a manageable level and do not want to borrow more money, What steps can they take to increase the price of the stock? Are there any condi- tions under which this strategy would not increase the stock price?
- After discussions with Josh, Carrington and Genevieve agree that they would like to try to increase the value of the company stock. Like many small business owners, they want to retain control of the company and do not want to sell stock to outside investors. They also feel that the company’s debt is at a manageable level and do not want to borrow more money. What steps can they take to increase the price of the stock? Are there any conditions under which this strategy would not increase the stock price?Lois selects securities to invest in after carefully examining the fundamentals of a company, using the accounting statements in its annual reports. Peter seeks to earn abnormal returns solely by studying stock price charts and investing based on the patterns he finds in the past prices. Which one of the following statements is correct?a. If Lois earns abnormal returns this violates weak-form market efficiency. If Peter earns abnormal returns this violates strong-form market efficiency.b. If Lois earns abnormal returns this violates strong-form market efficiency. If Peter earns abnormal returns this violates weak-form market efficiency.c. If Lois earns abnormal returns this violates semi-strong form market efficiency. If Peterearns abnormal returns this violates strong-form market efficiency.d. If Lois earns abnormal returns this violates semi-strong form market efficiency. If Peterearns abnormal returns this violates weak-form market efficiency.e. If Peter and Lois both earn abnormal…You found a bunch of printed shares of a corporation whose shares are traded in Borsa İstanbul at your father’s suitcase. Your father told you that you can do whatever you like with those printed shares. You decided to sell the shares. You submitted the printed shares to the brokerage house (investment firm) and they told you that they cannot sell those printed shares. Are they correct, why? If not, why?
- After reading the following short article, answer the subsequent question with one or twosentences:Question: Why were stock options introduced? Article: Solving The Principal Agent Problem: Apple Insists That Executives Must Hold Company Stock Over the years there have been a number of attempts at solving the principal/agent problem. Apple's the latest to try and do so and it has to be said that their attempt is likely to avoid most of the problems of earlier ones. The basic problem is that we often hire people to do things for us, on our behalf. We are the principals and those we've hired are our agents. Obviously we do this because other people have skills that we do not and we want those skills: it's the division and specialisation of labour all over again. However, we run into a problem because the incentives to the agent aren't necessarily going to lead to the behaviour which best benefits the principal. A lawyer being paid by the hour has an incentive to do things slowly…Jill Davis tells her broker that she does not want to sell her stocks that are below the price she paid for them. She believes that if she just holds on to them a little longer they will recover, at which time she will sell them. Which behavioral characteristic is the basis for Davis’s decision making?a. Loss aversion.b. Conservatism.c. Representativeness.You are an analyst working for a major investment bank, and you have beenapproached by ByteDance Ltd, a Chinese internet technology company, tobuy a 5% equity share in the firm. Your manager has asked you to provideresearch into the company and its valuation. As with any privately ownedcompanies, the valuation is tricky, as ByteDance is not bound by the samedisclosure requirements as a publicly listed company.1) Critically analyse the difficulties in the valuation of private companiesand apply your findings in the case of ByteDance.2) Critically evaluate the political risks of this investment in light of therecent clampdown of the Chinese authorities on local tech companies.