1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dovator [93]
3 years ago
11

The finance minister of a developing country demands a heavy payment for the approval of a multi-million dollar contract with a

foreign company. this demand for the lump sum payment is called _____.
Business
1 answer:
OverLord2011 [107]3 years ago
6 0

Answer:

Extortion

Explanation:

Extortion is the act of threatening or forcing another party to give you something, most of the time money.

In this case the minister in the developing country is demanding for payment before giving approval for the multi-million dollar contract.

The threat the minister is using against the company is to not approve Thier contract.

You might be interested in
According to PMI, a project is __________. a. a performance or time target for each major group of activities in a project b. a
BARSIC [14]

Answer:

B. a temporary endeavor undertaken to create a unique product, service, or result reducing the time it takes to perform certain activities

Explanation:

According to PMI, a project is a temporary endeavor undertaken to create a unique product, service, or result." Unlike other business activities, a project has a clear starting point and ending point, after which the people and resources dedicated to the project are reassigned.  PMI is a project management association, which develops a standard for project, program, people, organization, etc. Also, they provide world- recognized certification.

5 0
3 years ago
Black market dealers are often legitimate businesses with questionable and illegal practices. (points : 2) true false
amm1812
 The Black Market is a series of dealers who can get you a product that has been repealed from stores, such as 2006 yellow Tide, which cleaned the products too good, forcing the company to take it off the market because they wanted to continue to sell products that they claim better than the last. The Black Market is illegal and if currently under high investigation by governments all over the world. So, if the Black Market practice itself is illegal and all actions taken while in the Black Market are as well, I think you can finalize your answer. Hope this helped!
6 0
3 years ago
For the past year, Kayla, Inc., has sales of $46,382, interest expense of $3,854, cost of goods sold of $16,659, selling and adm
grandymaker [24]

Answer:

$15,266

Explanation:

Sales                                                          $46,382

Less: Cost of goods sold                          <u>$16,659</u>

Gross profit                                                $29,723

Less: Selling & administrative expense   $11,766

Less: Depreciation                                     <u>$6,415</u>

Earnings before interest and tax (EBIT)    $11,542

Less: Interest expenses                             <u>$3,854</u>

Earnings before tax (EBT)                           $7,688

Less: Tax expenses  (7688*35%)               <u>$2,691</u>

Earnings after tax                                       <u>$4,997</u>

Operating cash flow = EBIT + Depreciation expenses - Tax expenses

Operating cash flow = $11,542 + $6,415 - $2,691

Operating cash flow = $15,266

3 0
3 years ago
Which of the following is NOT a strong warning sign of potentially violent behavior? A. Constantly complaining about the job B.
sweet [91]
 B. Frequently returning late from lunch break. 
4 0
3 years ago
Read 2 more answers
Which of the following statements is true?a. Using accelerated depreciation rather than straight line would normally have no eff
IRISSAK [1]

Answer:

The correct answer is letter "A": Using accelerated depreciation rather than straight line would normally have no effect on a project's total projected cash flows but it would affect the timing of the cash flows and thus the NPV.

Explanation:

Accelerated depreciation is a form of accounting and taxation used in the first years of an asset to allow greater deductions. On the other hand, the deductions are distributed evenly throughout the life of the asset using the Straight-line Depreciation method. Accelerated depreciation facilitates higher expenses to be incurred during the first years of an asset while in use, and lower expenses years later, as long as the asset depreciates.

In that sense, when it comes to the total projected cash flow of a company on a project, neither the accelerated depreciation or the straight-line method would affect it but both of them have impact on the timing of the cash flows since accelerated depreciation demands higher expenses since the beginning of the possession of the assets while the straight-line method keeps the expenses steady. Both, also affect the net present value (NPV) of the company since with the accelerated depreciation the cash flow will be less and with the straight-line method it should be constant.

7 0
2 years ago
Other questions:
  • What is the difference between a marketing strategy and a marketing plan?
    5·2 answers
  • If the price of labor or some other variable resource decreases, the:
    12·1 answer
  • If Ben &amp; Jerry’s sold more units of its Bonnaroo Buzz Fair Trade-sourced super premium ice cream to U.S. consumers as a resu
    13·1 answer
  • The _____ key roles are the following: promote international monetary cooperation; facilitate the expansion and balanced growth
    12·1 answer
  • Jane is planning to go on a camping trip. She purchases a bottle of mineral water, a pack of biscuits, a small tube of toothpast
    15·1 answer
  • __________is a process whereby companies compare their practices and performance measurements to those of other companies.
    13·1 answer
  • The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative i
    7·1 answer
  • Sarah has a toothache. She believes it may be due to her not having regular dental checkups in the past. She now wants to find a
    11·1 answer
  • Your grandfather wants to determine the value of his bond portfolio and asks you for help. Find the current market values of the
    6·1 answer
  • If the cross-price elasticity of two goods is negative, then the two goods are a. inferior goods. b. normal goods. c. complement
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!