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likoan [24]
3 years ago
10

Jimbo Electronics sells navigation equipment used in airports. You have been working with the government of a western European c

ountry and have gotten them to agree to purchase this equipment for all airports in that country. The value of the contract is over $10 Million US dollars. In your last meeting with the government official responsible for signing the contract, you discover that this official is demanding that you paid him a $5,000 dollars "finders fees" for his assistance. Further, he said you are to build this into the the contract price so that there would be no cost to Jimbo. When you indicated that you would not do this, the official said the deal was off. Further, the official said and you have confirmed that such arrangements are considered "normal" in this country.
Required:
Write a brief paragraph on what this statute contains that relates to Moore's dilemma. Some American executives think this law causes American corporations to suffer a competitive disadvantage. Do you agree? Why or why not?
Business
1 answer:
Nitella [24]3 years ago
4 0

In this text, we learn about the behaviour of the government official responsible for signing the contract. The official appears to be demanding money known as a "finder's fee." However, this was not part of the official agreement, and appears unethical to you. The official justifies it by saying that it is common place in his country. These actions would be considered both ilegal (because they go against the law) and unethical (because they do not follow the values that society accepts as fair). Some executives might think that reacting in this way can cause American corporations to suffer a competitive disadvantage. However, I disagree. While in some cases this might mean that American corporations cannot compete with other, more corrupt corporations, following the law is likely to lead to peace and stability, which ultimately benefits corporations.

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during 2017, trey corporation accrued warranty expense based on 3.5% of net sales revenue. during 2018, trey corporation revised
aleksandr82 [10.1K]

For the year ended December 31, 2018, the warranty-related entry would include a debit to warranty expense of $80,000.

If it's miles impracticable to determine the cumulative impact of applying a trade-in accounting principle, then the new accounting principle should be applied prospectively as of the earliest date practicable. in this situation, the disclosures discussed in FSP 30.4.

Cumulative effect equals the difference between the actual retained profits suggested at the beginning of the yr using the antique approach and the retained income that would have been reported at the start of the year if the brand-new technique had been utilized in earlier years.

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8 0
1 year ago
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
Neko [114]

If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.

What is the change in total output that results from hiring one additional worker?

The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.

Does hiring additional workers increase the total revenue at a decreasing rate?

Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.

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7 0
2 years ago
Please, help, I will award brainliest!
AysviL [449]

For lower income people:

The more the government puts towards health care would mean there would be a higher quality of life for low income areas allowing them to get access to needed healthcare for no cost to them.

For higher income people / corporate entities:

it would mean higher taxes on the 1% and 0.1% of the richer people and raising taxes on corporations such as higher taxes on dividends.

Summary:

For a SoL on one side to change another side would have to lose.

3 0
2 years ago
A fixed asset with a cost of $30,271 and accumulated depreciation of $27,243.90 is sold for $5,146.07. what is the amount of the
pochemuha

The quantity of the advantage or loss on disposal of the fixed asset is $2,184.49 benefit

Solution:

Price of asset = $31,207 - $28,086.30 = $three,one hundred twenty.70

Advantage = $5,305.19 - $3,120.70 = $2,184.forty-nine

The advantage of the disposal of fixed assets is $2,184.49. because the cost of an asset after deducting amassed depreciation is $three, one hundred twenty.70 is less than the offered fee of the asset at $five,309.19 it's miles a benefit.

A fixed asset is an extended-time period tangible asset that a firm owns and makes use of to produce earnings and is not expected to use or sold within a yr. fixed property, also daily long-lived belongings or belongings, plants, and gadgets, are a term used in accounting for property and belongings that can't without difficulty be converted into everyday coins. constant belongings are special from present-day belongings, inclusive of cash or financial institution debts because the latter are liquid assets.

A fixed asset can consist of homes, day-to-day equipment, software program, fixtures, land, machinery, and motors. for example, if an employer sells produce, the delivery trucks it owns and uses are constant belongings. constant belongings are business enterprise-owned, long-term tangible assets, including styles of belongings or devices. these assets make up its operations daily and generate profits. Being a fixed method they cannot be consumed or converted into everyday coins within a year. As such, they're difficult everyday depreciation and are considered illiquid.

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5 0
2 years ago
​you consider the situation, roll up your sleeves, and get to work. what should be the first step you take in obtaining the info
Alina [70]
The first step would be: define the problem that needs to be solved.
Before we started colelcting information, we need to distinguish which type of information would be considered as 'relevant' and could aid us in achieving our goals. In climbing the Esports industry, this could involve most efficient way of training, nutrition necessary to icnrease gaming concentration, the strength of competitors, etc.
5 0
3 years ago
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