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sergeinik [125]
3 years ago
5

John Smith, a U.S. based businessman paid the equivalent of $20 to an official of the country of Murundi to expedite the overnig

ht delivery of critical documents. When questioned, John Smith claimed this was not a bribe. The $20 is an example of
Business
1 answer:
AleksandrR [38]3 years ago
3 0

Answer:

Grease payment

Explanation:

A grease payment is a payment made to a government official with the goal of expediting a transaction, process or request. It can be obtained through extortion from the government official, by voluntary contribution from the non-goverment official, or by mutual agreement, either explicit, or implicit.

In practice, it is essentially the same as a bribe, and the term could be considered a colloquial euphemism.

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The following information is available for Windsor, Inc. for the year ended December 31, 2017. Beginning cash balance $ 45,720 A
Diano4ka-milaya [45]

Answer:

<em>Cash generated for the year:</em>   348,793‬

ending cash:    394,513

Explanation:

<u>Operating Activities:</u>

Net Income     288,646

depreciation <u>   164,592  </u>

adjusted          453,238

change in Working capital:

AP decrease             3,759

Tax Payable               4,775

AR increase              (8,331)

Inventory increase <u>  (11,176)  </u>

total change            (10,973)

<em>cash generated from operating activities  442.265</em>

<em />

<u>Investing Activities</u>

proceed from land        35,560

purchase of building  (293,624)

<em>cash used from investing activities 258,064‬</em>

<u></u>

<u>Financing Activities</u>

issuance of shares    203,200

TS purchase                (26,416)

dividends paid             (12,192)

<em>cash generated from financing activities  164,592</em>

<em />

<em>Cash generated for the year:</em>   348,793‬

beginning cash                             45,720

ending cash                                 394,513

3 0
3 years ago
You are considering opening a new plant.
kotykmax [81]

Answer:

1. $275 million

Yes

2. 30%

Explanation:

Calculation for the NPV of the investment opportunity

NPV = –100 + 30/0.08

NPV= $275 million

Therefore the NPV will be $275 million

Yes, Based on the above Calculation they should make the investment

2. Calculation for IRR

IRR: 0 = –100 + 30/IRR

Hence,

IRR = 30/100

IRR = 30%

Therefore the IRR will be 30%

The IRR is great only in a situation where the cost of capital does not go beyond 30%.

6 0
3 years ago
An agreement between Jim and his 18-year-old daughter, Betty, provides that he will give her $25,000 if she does not marry until
Mariulka [41]

Answer:

No, Jim is not correct.

Explanation:

Betty will win this case.

Generally, the law encourages marriage as its policy. If there is any contract that prevent or restrict marriage in whatever way, such contract would be considered null and void because it is against the public policy.

Despite the above, contracts will be generally considered valid when they place reasonable restrictions on marriage. In this question, the restriction placed on Betty that she should get married until after her 22nd birthday is reasonable and has to be considered to be valid. Based on this, Betty has to be paid the $25,000 as laid down in the binding contract between the two parties.

Therefore, Jim is not correct.

4 0
3 years ago
You are thinking of buying a bond from Knight Corporation. You know that this bond is long term and you know that Knight’s busin
8_murik_8 [283]

Answer:

d. Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight.

Explanation:

Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight because this bond is risky and uncertain.

This means the company would not want to run at a loss

4 0
3 years ago
Read 2 more answers
What are socio economic issues
Bezzdna [24]

Answer: are factors that have negative influence

Explanation:

8 0
3 years ago
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