Answer:
a.political corruption
Explanation:
This a nepotism form of political corruption. It is naming a close relative over the common people. It is using his power for illegitimate private gain.
This "inspection" creates no value to the economy and neither protects the windows from breaking.
Tammy is creating a fee to pay for his nephew office.
The real motivation is to extract funds from the taxpersons to her own personal benefit. This is an act of corruption.
Answer:
1.March 1
Dr Cash 7,500
Cr Unearned Revenue 7,500
2.July 31
Dr Unearned Revenue 7,500
C Design Services Revenue 7,500
Explanation:
1.Preparation of journal entry for March 1 journal entry
Based on the information given we were told that the designer receives the amount of $7,500 as a check in advance from a customer which means that the journal entry will be:
Dr Cash 7,500
Cr Unearned Revenue 7,500
2.Preparation of the July 31 journal entry.
Based on the information given we were told that the designer completed the design work for this customer which means that the journal entry will be:
July 31
Dr Unearned Revenue 7,500
C Design Services Revenue 7,500
Answer:
$34,263.69
Explanation:
This is a time value of money(TVM) question. Since the $300,000 is at the start of the retirement. That would be the present value of the annuity payments. So, using a financial calculator, input the following;
Present value; PV = -300,000
Total duration; N = 18
Interest rate; I/Y = 9%
Onetime future value ; FV = 0
then compute recurring payment ; CPT PMT = 34,263.687
Therefore, her yearly annuity for the next 18 years will be $34,263.69
Answer:
Explanation: The characteristics of the different sourcing arrangements are as follows:
• They satisfy the needs of customers or consumers.
• They have adequate inventory management.
• They carry out an appropriate sales process going through each of its stages, such as: obtaining the raw material, producing products, as well as distributing, transporting and delivering them without losing minimum details.
• They provide supplies in the agreed time.
• They take into account factors such as planning, monitoring or control in case of unforeseen cases that may arise during the supply chain.
Answer:
Factor that increases the supply of saving: High rate of return
Factor that increase the demand for saving: Confidence in return of business in the future, low rate of interest
Explanation:
Interest rates impacts the rate at which borroweres lend money which in turn determines the influx of savers (lenders). For example, if a business owner lacks the funds to raise capital for business (investment), the next route is usually to borrow money. Money is only borrowed when there is confidence in the business as most times, loans are repaid in the future. Also, if the interest rates are low, it's easier to pay back the loan but if the interest rates are high, this could affect the loan payback in due time (especially if the returns on the investment made or the profits made for the business is not enough to pay back the interest). This factor affects the demand for savings.
The demand for saving ultimately affects the supply of savings because with low demand of borrowing and a high supply of savings leads to a low interest rate, and a low interest rates doesn't appeal investors to save more money. This is simply the law of demand that states demand decreases when the rate of return is high. While the law of supply states that supply increases when the rate of return is high.
The effects of these factors on investment: rate of return changes the flow of influx of investors as one would only want to invest when the compund interest would be high irrespective of the permissible risk involved.
The confidence in an investment would also affect the rate at which one would demand for savings (loans) towards that investment.
