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Savatey [412]
2 years ago
14

Golf outings, meals, entertainment, and vehicles have been used in lieu of cash to pay purchasing agents in exchange for busines

s deals. This type of payment is known as:
Business
1 answer:
Nadya [2.5K]2 years ago
4 0

The type of payment where golf outings, meals, entertainment, and vehicles have been used in lieu of cash to pay purchasing agents in exchange for business deals is called bribery.

<h3>What is bribery?</h3>

This is when money or gift is used to influence an action or decision. The aim to make someone perform an action which is against the laid down procedure.

Hence, the type of payment where golf outings, meals, entertainment, and vehicles have been used in lieu of cash to pay purchasing agents in exchange for business deals is called bribery.

Learn more about bribery here: brainly.com/question/20364202

#SPJ1

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At the start of the year, your firm's capital stock equaled $10 million, and at the end of the year it equaled $15 million. The
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Answer:

c. $5million

Explanation:

Net investment = Gross investment - Depreciation

Also, Net investment equals investment at the beginning of the year minus investment at the end of the year

Net investment = $15million - $10million

Net investment = $5million

Therefore, net investment during the year equals $5million

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2 years ago
Mark is considering opening a money market account. What is an issue that he needs to be aware of when comparing a money market
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3 years ago
Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $12,750 cash an
djyliett [7]

Answer:

Aug 1

Dr Cash $12,750

Dr Photography equipment $54,825

Cr Common stock $67,575

Aug 2

Dr Prepaid insurance $3,500

Cr Cash $3,500

Aug 5

Dr Office supplies $2,423

Cr Cash $2,423

Aug 20

Dr Cash $2,050

Cr Photography fees earned $2,050

Aug 31

Dr Utilities Expense $868

Cr Cash $868

Explanation:

Preparation of general journal entries for the above transactions

Aug 1

Dr Cash $12,750

Dr Photography equipment $54,825

Cr Common stock $67,575

($12,750+$54,825)

Aug 2

Dr Prepaid insurance $3,500

Cr Cash $3,500

Aug 5

Dr Office supplies $2,423

Cr Cash $2,423

Aug 20

Dr Cash $2,050

Cr Photography fees earned $2,050

Aug 31

Dr Utilities Expense $868

Cr Cash $868

3 0
3 years ago
In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe
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Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

National saving =Gross domestic product-Consumption expenditure-Government expenditure

Let plug in the formula

National saving=$2,450 billion-$1,390 billion- $325 billion

National saving=$735 billion

Therefore the national saving is $735 billion

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3 years ago
If the working-age population ________ and the labor force does not change, the ________.
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E. Increases; unemployment rate will increase
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