Charlie, a sales executive with Pitt Alloy, Inc., learns of undisclosed company plans to produce a new type of alloy. Charlie lets Jim in on the news, who then tells Alex, who buys 100 shares of Pitt Alloy stock. Alex knows that Jim got the information from Charlie and that is was not publicly known. When the firm publicly announces its new product, Alex sells the stock for a profit. Under the Securities Exchange Act of 1934, Alex is most likely: a. not liable because Alex is too far removed from the initial disclosure.
b. liable for insider trading.
c. not liable because Alex is only a tippee, not a tipper.
d. not liable because Alex traded on the basis of a material fact.

73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment. b. structural and frictional unemployment. c. cyclical and structural unemployment. d. frictional, structural, and cyclical unemployment.