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Art [367]
3 years ago
5

Susan is a sales representative for a u.s. weapons manufacturer. she makes a $100,000 "grease" payment to a u.s. government offi

cial associated with a weapons purchase by the u.s. army. she makes a similar payment to a saudi arabian government official associated with a similar sale. neither of these payments is deductible by susan's employer.
true or false?
Business
1 answer:
Vsevolod [243]3 years ago
7 0

Answer: False

Explanation:

<em>The given statement from the following case/scenario is false</em> because in accordance to the rules of law of United States of America , the payments made to foreign officials are always deductible. Therefore the payments that are made by Susan to the Saudi officials are deductible, unless and until they are illegal .

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3 years ago
Assume the small-country model is applicable. If the world price of the product is $6 and an import quota of 400 units is impose
algol13

Answer:

Equilibrium price = $6

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Explanation:

Applying small=country model

world price of product = $6

import quota = 400 units

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3 years ago
On January 2, 2020, Marigold Corp. began construction of a new citrus processing plant. The automated plant was finished and rea
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Answer:

MARIGOLD CORP

INTEREST TO BE CAPITALIZED IN THE YEAR 2020

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September 1, 2020   $1,802,400*10%* 4/12  =   <u> $60,080</u>

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Explanation:

Interest to be capitalized for the year 2020 must be interest that is incurred on amount expended on the construction from amount specifically borrowed for the construction

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3 years ago
Read 2 more answers
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