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ratelena [41]
3 years ago
12

"An automotive company was looking to expand internationally and selected three possible countries in which to build a factory.

All three of the potential counties had government officials who made it clear that for a little extra kickback, they would be willing to make the process much smoother to build a plant. In one country, the government official indicated his brother-in-law had the perfect piece of land to use as well. This company has run into what type of common ethical challenges?"
Business
1 answer:
zheka24 [161]3 years ago
8 0

Answer: bribery and conflict of interest

                   

Explanation: In simple words, bribery refers to the act under which one individual tries to persuade the behavior of another individual for his benefit  by offering him or her monetary benefits.

Whereas, conflict of interest refers to a situation when someone has the authority to make decisions that benefits himself more than the entity he is working for.

Hence we can conclude that the above case depicts bribery and conflict of interest.

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Victor Mineli, the new controller of Blossom Company, has reviewed the expected useful lives and salvage values of selected depr
rewona [7]

a. Based on the information given the revised depreciation is:

Building     $1,250

Warehouse $5,993

b. Debit Depreciation expense $13,375

Credit Accumulated depreciation-Building  $13,375

a. Victor Mineli Revised depreciation

Revised depreciation for Building

Building= ($700,000-$129,900-$35,100)/40

Building= $535,000/40

Building=$13,375

Revised depreciation for Warehouse

Warehouse=($115,000-$22,100-$3,000)/15

Warehouse =$89,900/15

Warehouse=$5,993

b. Journal entry

Debit Depreciation expense $13,375

Credit Accumulated depreciation-Building  $13,375

Learn more here:

brainly.com/question/14278419?referrer=searchResults

8 0
3 years ago
Which one of the following is a working capital management decision? Select one: a. What type(s) of equipment is (are) needed to
photoshop1234 [79]

Answer:

b. Should the firm pay cash for a purchase or use the credit offered by the supplier?

Explanation:

Working capital decision is the decision which includes the cash, Account receivable, Account payable, the portion of debt payable within one year. Decision related to supplier is actually related to account payable. so this is the working capital decision. Other decision involves fixed assets, long term debt, investments and projects under consideration.

5 0
3 years ago
Broad, Inc. had a beginning inventory of $50,000 and an ending inventory of $80,000. Its Cost of Goods Sold for the year was $97
nevsk [136]

Answer:B. $1,000,000

Explanation :

Given that

beginning inventory = $50,000

Cost of Goods Sold =$970,000.

ending inventory = $80,000.

Using the formula below  to find the amount of purchases , we have that

Cost of Goods Sold  = Beginning Inventory + Purchases During the Period – Ending Inventory

$970,000 =$50,000+Purchases During the Period  -$80,000

Purchases During the Period =$970,000 -$50,000 +$80,000

Amount of Purchases During the Period for Broad, Inc.  = $ 1,000,000

8 0
3 years ago
On January 1, the Matthews Band pays $67,600 for sound equipment. The band estimates it will use this equipment for four years a
meriva

Answer: $14,985

Explanation:

Using the Units-of-Production method means that the asset is depreciated based on how many times it is used.

The formula is;

= ( Cost - Salvage Value)/Total Usage

= (67,600 - 1,000) / 200

= $333 per concert

Equipment depreciates by $333 per concert.

First year has 45 concerts;

= 333 * 45

= $14,985

8 0
3 years ago
You and your friend are traveling home, you discuss how each of you might otherwise have used the four hours devoted to attendin
nekit [7.7K]

The relevant opportunity costs for you and your friend for allocating four hours to attending the concert are<u> "watching a sporting event on TV for you and studying for your friend. "</u>


An opportunity cost is characterized as the estimation of a forgone action or elective when another thing or action is picked. Opportunity cost becomes possibly the most important factor in any choice that includes a tradeoff between at least two alternatives. It is communicated as the relative cost of one option as far as the next best option.  


6 0
3 years ago
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