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gladu [14]
4 years ago
9

Rupert and cordelia own an american company that does business in foreign nations. getting a license in a new country can be cha

llenging. as they try to enter into business in a new country, rupert fills out the license paperwork and takes it to the correct office. there he pays the front-desk person $100 to process the paperwork, as is the custom in that country. cordelia, who has connections in that country, schedules an appointment with the minister of commerce, who has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license. which payment(s) likely violated the foreign corrupt practices act?
Business
2 answers:
Lyrx [107]4 years ago
6 0

Answer:

The payment made by Cordelia

Explanation:

In the scenario it stated clearly that Rupert filled out what would have been a normal application form for operational license in the country

However Cordelia using connections was able to schedule a meeting with the government official that <u>has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license.</u>

Cordelia payment is nothing short of bribery and corruption because it is not a legally required payment and the motive was clearly to unduly influence the minister to approve their license.

Such payment will likely violate the foreign corrupt practices act

Naily [24]4 years ago
3 0

Answer:

The paymeng by Cordelia

Explanation:

The first payment made by Rupert is a normal payment of $100?made by any foreign company to process the paperwork as is the customin that country.

The second payment paid by Cordelia comes as a result of the connections Cordelia has in that country with the minister of commerce, who has the authority to determine which foreign companies get heir license. This payment of $200 violares the foreign corrupt practices act, the reason being is that it is bribery and corruption, it is not a legal payment and by right should not be tolerated.

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An investment counselor calls with a hot stock tip. He believes that if the economy remains​ strong, the investment will result
mixer [17]

Answer:

6,000

Explanation:

The expected value from this investment can be calculated by possible values for random variables by multiplying them by their probability

DATA

Strong  = 30,000   , probability = 30%

Moderate = 10,000 , probability = 60%

Weak = -30,000 , probability = 10%

Calculation

Expected profit = Values x Probability

Expected profit = (30,000 x 30%) + (10,000 x 60%) + ( 30,000 x 10%)

Expected profit = 6,000 + 6,000 -6,000

Expected profit = 6,000

7 0
4 years ago
Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $600,000. The stan
slamgirl [31]

Answer:

Standard activity level= 100,000 units

Explanation:

Giving the following information:

Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $600,000. The standard allows 1 direct labor hour per unit.

Standard activity level= 600,000/6= 100,000 units

3 0
4 years ago
An upscale organic foods grocery store chain is implementing an information system that will enable it to add same-day home deli
defon

Answer:

paradigm shift

Explanation:

Based on the information provided within the question it can be said that this is an example of a paradigm shift. This term refers to a fundamental change within an a company's or entity's set of discipline or norms of it's basic concepts. Which in this scenario adding same day home delivery drastically changes the basic concept of an in person organic food grocery store as people are able to order online and never have to set foot into the store. Which may even lead the store to close their brick and mortar store and function strictly online.

6 0
4 years ago
Theo founder Joe Whinney believes that that a business should benefit every partner throughout the organization's entire supply
DENIUS [597]

Answer:

C. Egoism

Explanation:

Egoism refers to the individual belief whereby self interest is the motivation and goal behind one's action. It has to do with and individual thinking about only himself and what actions he can take to benefit himself alone. Egoism threats self interest as the foundation of morality. But in reality however, egoism is immoral as one possessing such thoughts is not been fair to others. Thus, egoism does not focus on the wellbeing of others. It is all about self interests.

6 0
4 years ago
Suppose Piranha sells 3,500 books on account for $17 each (cost of these books is $35,700) on October 10, 2018 to The Textbook S
Natali5045456 [20]

Answer:

1. 10 Oct 2018     Inventory        $59500 Dr

                                Accounts Payable      $59500 Cr

2. 13 Oct 2018    Accounts Payable   $1700 Dr

                                Inventory                     $1700 Cr

Explanation:

1. The Textbook store is purchasing the books at $17 per book and in total 3500 books are purchased on credit. So, we debit the inventory account by 59500 (3500 * 17) and credit the Accounts Payable by 59500.

2. This transaction relates to Purchases return which in this case is our inventory of books. Textbook store will record this transaction in its books by debiting the Accounts Payable account by the value of the books returned 1700 (170* 100) and credit its inventory by 1700. The last line pertains to total estimation of sales returns by Piranha so we do not need to consider that while preparing transactions in Textbook store's books.

5 0
3 years ago
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