A student remarks: "135,000,000 shares of General Electric were sold yesterday on the New York Stock Exchange, at an average price of $25 per share. That means General Electric just received a little over $3.4 billion from investors."Do you agree with the student's analysis?

A. No, these shares were likely traded in the secondary market, so General Electric would not receive any of the money.

B. Yes, these shares were likely traded in the primary market, so General Electric would receive a little over $3.4 billion

C. No, these shares were likely traded in an over-the-counter market, so GE would receive less than $3.4 billion.

D. Uncertain, since the sale would be subject to capital gains, more information is required

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?