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Lostsunrise [7]

3 years ago

10

The _____ is a u.s. law that prohibits u.s. companies from bribing or otherwise corrupting foreign government officials to win f

oreign government contracts or obtain other foreign government assistance for their businesses.

1 answer:

lyudmila [28]3 years ago

6 0

Foreign Corrupt Practices Act of 1977 ( FCPA )

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Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.)

Mariulka [41]

Answer:

<u>GOMEZ CORPORATION </u>

<u>Comparative Income Statements</u>

<u> For Years Ended December 31</u>

<u> Current Year Prior Year</u>

<u> $ % $ % </u>

Sales $785,000 100 $640,000 100

Cost of goods sold 568,100 72.4 288,800 45.1

Gross profit 216,900 27.6 351,200 54.9

Operating expenses 130,400 16.6 221,600 34.6

Net income $86,500 11.0 $129,600 20.3

The figure used to calculate the percentages is that of sale revenue. Each figure is expressed as a percentage of sales to determine the percent of expenses , profits etc.

5 0

3 years ago

Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $7

professor190 [17]

Answer:

$33,540,000

Explanation:

initial investment:

opportunity cost of land (resale price of land) = $10,700,000
building cost of the facilities = $21,900,000
other expenses related to the site (grading) = $940,000
total $33,540,000

The purchase cost of the land is considered a sunk costs, since it is not relevant now. What is relevant is the price at which the land could be sold at the moment of starting the project.

7 0

3 years ago

According to the National Business Ethics survey, if senior management in a company wants to boost or ensure ________ ________,

liq [111]

Answer:

- Ethical Behavior.

Explanation:

The National Business Ethics Survey revealed that senior management is required to <u>begin with taking the responsibility and enforcement in case they are willing to improve 'ethical behavior' in the company</u>. Ethics begins with taking the accountability of the actions or decisions taken as it encourages fellow employees to follow the norms or policies of the company. It promotes maintaining the moral conduct and standards of the company. This would assist in preventing discrimination and fulfilling corporate responsibilities.

6 0

3 years ago

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams est

exis [7]

Answer:

$364,980

Explanation:

Computation for the amount of under- or overapplied overhead for the year.

First step is to calculate the

Predetermined Overhead using this formula

Predetermined Overhead rate = Estimated overhead/direct labor estimated

Let plug in the formula

Predetermined Overhead rate= 358,900/227,000

Predetermined Overhead rate= 158% of direct labor cost

Now let determine the Overhead applied

Overhead applied = $231,000*158%

Overhead applied= $364,980

Therefore the amount of under- or overapplied overhead for the year is $364,980

4 0

3 years ago

18. Would you expect, in some cases, to see only an income effect or only a substitution effect? Explain.19. Which is larger, th

Dimas [21]

The income effect because you’ll gain more money personally and the substitution effect is about everybody in the building getting a “fair share”.

8 0

3 years ago