subject
Business, 29.05.2020 16:58 lflwersl

Luke, a salesperson for Mountaintop Coffee, Inc., learns that Mountaintop will increase the dividend it pays to shareholders. Luke buys 10,000 shares of Mountaintop stock. When the dividend is announced to the public and the price of the stock increases, Luke sells his shares for a profit.

Required:

1. Luke would not be liable for insider trading if the information about the dividend was .

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:10
The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)
Answers: 1
question
Business, 22.06.2019 19:40
Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
Answers: 2
question
Business, 22.06.2019 20:00
Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396
Answers: 3
question
Business, 23.06.2019 20:30
He provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.
Answers: 1
You know the right answer?
Luke, a salesperson for Mountaintop Coffee, Inc., learns that Mountaintop will increase the dividend...
Questions
question
History, 10.11.2020 05:30
question
Biology, 10.11.2020 05:30
question
Mathematics, 10.11.2020 05:30
question
Arts, 10.11.2020 05:30
question
Mathematics, 10.11.2020 05:30
Questions on the website: 13722365