Director X of the ABC Corporation, listed on the NYSE, has engaged in the following transactions in ABC's stock:
January 1, 2017 -purchased 300 shares of ABC stock for $30 per share
January 15, 2017- sold 300 shares of ABC stock for $35 per share
January 30, 2017 -purchased 300 shares of ABC stock for $25
February 3, 2017 -sold 300 shares of ABC stock for $20
1. Which of the following is correct?
A)The director has a net loss so there are no short-swing profits.
B)The director has a net gain of $15 x 300 shares or $4,500.
C)The director is not subject to the restrictions on short-swing profits.
D)none of the above

You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

In a chapter 7 bankruptcy, a debtor: