The correct option is A.
Based on the table of fees, all the banking activities that Bill want to execute will cost more in the common bank compare with the state bank, which has a lower add up charges.
Import duties or import taxes are the form of levy paid on each unit of a product brought into the country and based on its value.
<h3>What are Import Duties?</h3>
The import duties is a form of payment levied on products and determined by the value of such product.
Additionally, the payment is levied on each unit of the product and serves as a form revenue generation for the country.
Read more on import duties;
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Answer:
a.Foreign Corrupt Practices Act
Explanation:
Foreign Corrupt Practices Act is a legislature that seeks to outlaw bribing of foreign government officials with a view of gaining some advantage for their business.
The act is mostly binding on publicly traded companies and their officials.
There has been much criticism about this act, as some businesses see it as a way to discourage investment in foreign assets.
Avon Products Inc failed to put controls in place to detect and prevent payments and gifts to Chinese government officials from a subsidiary.
This is a violation of Foreign Corrupt Practices Act
Answer:
21,000 units
Explanation:
units started during the period = number of units transferred out + ending work in process - beginning work in process = 24,000 units + 3,000 units - 6,000 units = 21,000 units
the number of units started measures the new units that were started during the month without considering the remaining units in WIP from the prior month.
Answer:
The loan applicant would qualify for the mortgage debt ratio in option a because his mortgage debt ratio is 24% and the allowable mortgage debt ratio is 28%.
Explanation:
First, you have to calculate the debt ratio in each case. It is calculated by dividing the total debt by the income.
a. Debt= $600
Income= $2,500
Mortgage debt ratio=600/2,500= 0.24→24%
b. Debt=$600+$250+$75=$925
Income=$2,500
Total Debt ratio=925/2,500= 0.37→37%
The loan applicant would qualify for the mortgage debt ratio because his mortgage debt ratio is 24% and the allowable mortgage debt ratio is 28%. The loan applicant would not qualify for the total debt ratio because his ratio is 37% and the allowable total debt ratio is 36%.