Answer:
35.92%
Explanation:
The computation of cost of not taking the cash discount is shown below:-
Discount percentage ÷ (100 - Discount percentage) × (360 ÷ (Full Allowed Payment Days - Discount Days))
= 3% ÷ 97% × 360 ÷ (50 - 19)
= 3% ÷ 97% × 360 ÷ 31
= 0.03093 × 11.61290
= 0.359187
= 35.92%
Therefore for computing Mr. Warner's cost of not taking the cash discount we applied the above formula.
After US companies objected that the Foreign Corrupt Practices Act would put them at a competitive disadvantage, the FCPA was eventually amended to allow for <u>grease payments.</u>
<h3><u>Grease payments are what?</u></h3>
While a grease payment is made to hasten a trade or transaction, the former. The purpose of a grease payment is to expedite the process rather than to actually complete a transaction. Grease payments are not allowed under the FCPA as a way to influence the decision-making process of foreign officials.
In the event that they did, the money would be seen as a bribe and would be prohibited. It all comes down to the purpose of the money, and there is a very thin line between a greasing payment and a foreign bribe.
Learn more about grease payments with the help of the given link:
brainly.com/question/14529082
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<u>Correct question:</u>
After US companies objected that the Foreign Corrupt Practices Act would put them at a competitive disadvantage, the FCPA was eventually amended to allow for ______.
Multiple choice question.
a) grease payments
b) import tariffs
c) commission payments
d) export tariffs
Answer:
a prosecutor must establish that the directors had criminal intent
<span>This is a tricky question, because
most of the answers provided are correct. For instance, by raising taxes, the
government drops down the demand rates, as well as by decreasing the money
supply (in that case, it also prevents economy from falling into an inflating
situation). As for balancing the budget, this economical move entails
decreasing the public expenditure and, therefore, contracting the demanding economical
figures too. </span>
Answer:
A) 500 = 2F + 100S.
Explanation:
A budget constraint represents all the combinations of goods and services that can be purchased by a consumer given price and income.
I hope my answer helps you.
