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Kipish [7]
4 years ago
10

Rupert and Cordelia own an American company that does business in foreign nations. Getting a license in a new country can be cha

llenging. As they try to enter into business in a new country, Rupert fills out the license paperwork and takes it to the correct office. There he pays the front-desk person $100 to process the paperwork, as is the custom in that country. Cordelia, who has connections in that country, schedules an appointment with the minister of commerce, who has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license. Which payment(s) likely violated the Foreign Corrupt Practices Act?a. The payments made by both Rupert and Cordelia.b. The payment made by Rupert but not the payment made by Cordelia.c. The payment made by Cordelia but not the payment made by Rupert.d. Neither payment violated the FCPA.
Business
1 answer:
Daniel [21]4 years ago
7 0

Answer:

Option C.The payment made by Cordelia but not the payment made by Rupert.

Explanation:

Based on the information given we were told that Rupert did the right thing and as well follow the due process and custom of the country because he fills out the license paperwork and as well takes the license paperwork to the correct office in which he pays the front desk person the amount of $100 to process the paperwork while Cordelia on the other hand violated the Foreign Corrupt Practices Act reason been that due to the connections she had in that country she went ahead to schedules an appointment with the minister in charge of commerce because the minister has the authority to determine the foreign companies that can get licenses and she as well pays the minister the amount of $200 to approve their license.

Therefore based on the scenario we can vividly say that the payment made by Cordelia but not the payment made by Rupert violated the Foreign Corrupt Practices Act.

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The answer is true your honestly welcome
8 0
3 years ago
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The financial information below presents selected information from the financial statements of Pelican Company. Sales revenue du
Fiesta28 [93]

Answer:

Current Ratio 1.05

Receivable turnover days 129 days

Days to collect 2.83

Inventory Turnover days 38 days

Days to sell 9.61

Explanation:

Current Ratio : Total Current Assets / Total Current Liabilities

Current Ratio : 8,250,030 / 7,830,300 = 1.05

Receivable turnover days : ( Accounts Receivable / Total Sales ) * 365 days

Receivable turnover days : ( 4,730,000 / 13,340,300 ) * 365

Receivable turnover days : 129 days

Days to collect : 365 days / Accounts receivable turnover days

Days to collect : 365 / 129 days = 2.83

Inventory turnover days : ( Inventory / Cost of goods sold ) * 365

Inventory turnover days : ( 938,360 / 8,914,195 ) * 365

Inventory turnover days : 38 days

Days to sell : 365 days / Inventory turnover ratio

Days to sell : 365 / 38 days = 9.61

4 0
3 years ago
A firm purchased 50 units of materials with a unit price of $1.30 on June 1. On June 15, the firm purchased 50 units with a unit
dsp73

Answer: $83

Explanation:

Given that,

On 1 June,

Materials purchased = 50 units

Unit price of material = $1.30

On June 15,

Materials purchased = 50 units

Unit price of material = $1.20

Total cost of 65 units:

= (Material purchased on 1 June × Unit price of material) + [(65 units - 50 units) × $1.20]

= (50 units × $1.30) + (15 units × $1.20)

= $65 + $18

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8 0
3 years ago
Crane Company sells merchandise on account for $6000 to Blossom Company with credit terms of 1/10, n/30. Block Company returns $
maxonik [38]

Answer:

The amount of check is $4,554

Explanation:

Term 1/10, n/30 means there is a discount of 1% is available on payment of due amount within discount period of 10 days after sale and net credit period of 30 days.

According to given data

Sales = $6,000

Returns = $1,400

Amount due = $6000 - $1,400 = $4,600

As the payment is made within discount period, so discount will be availed

Discount  = $4,600 x 1% = $46

Amount of Check = $4,600 - $46 = $4,554

7 0
3 years ago
Which of the following is included in the cost of constructing a building? a.cost of paving the parking lot b.insurance costs du
polet [3.4K]

Answer:

b.insurance costs during construction

Explanation:

As we know that the building is come under the fixed assets whose life can be 10 years or more

So while constructing the building various cost is included i.e manufacturing cost which comprises of material, labor, and overhead

Plus, the insurance cost that is to be incurred during the construction period is also included

Hence, b option is correct

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3 years ago
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