John Company expects to sell 48,660 units of finished goods over the next three-month period. The company has 21,590 units on hand and its managers want to have 27,340 units on hand at the end of the period. To produce one unit of finished product, 3 units of direct materials are needed. John has 106,510 units of direct material on hand and has budgeted for an ending inventory of 177,730 units. What is the amount of direct material to be purchased (in units)

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec