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Alina [70]
3 years ago
8

Consider a corrupt provincial government in which each housing inspector examines two newly built structures each week. All the

builders in the province are unethical and want to increase their profits by using substandard construction materials, but they can’t do that unless they can bribe a housing inspector into approving a substandard building.
1. If bribes cost $1,000 each, how much will a housing inspector make each year in bribes? (Assume that each inspector works 52 weeks a year and gets bribed for every house he inspects.)
Business
1 answer:
patriot [66]3 years ago
4 0

Answer:

$104,000

Explanation:

The computation is  shown below:

= Bribe cost per each housing inspector × number of weeks in a year × number of newly built structures each week

= $1,000 × 52 weeks × 2

= $104,000

We simply multiply the three components i.e Bribe cost per each housing inspector, number of weeks in a year, and the number of newly built structures each week so that the accurate value can come.

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Answer:

Explanation:

The journal entry is shown below:

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Remaining balance is calculated by

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