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2 years ago

U.S. businesses consider the Foreign Corrupt Practices Act as legislation that has helped increase their profits abroad.

1 answer:

7 0

It is <u>True</u> that the Foreign Corrupt Practices Act is legislation that has helped increase the profits of American businesses abroad.

<h3>What is the Foreign Corrupt Practices Act?</h3>

The Foreign Corrupt Practices Act (FCPA) is an Act or a US law that makes it illegal for a United States company or person to give or take bribes from any foreign official for the purpose of getting or keeping a business.

While it is true that profits have increased as US-based businesses focus on more ethical ways of getting a business, illicit profits (that is profits from illegally acquired business deals) have dropped drastically.

See the link below for more about Foreign Corrupt Practices Act:

brainly.com/question/8211495

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Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the

masya89 [10]

Answer:

Affordable monthly mortgage payment $796

Affordable mortgage amount $119,699

Affordable home purchase price $149,625

Explanation:

1. Calculation for the Affordable monthly mortgage payment

Affordable monthly mortgage payment

=($3,200 x .38) – $185– $235= $751

Affordable monthly mortgage payment=$1,216-$185-$235

Affordable monthly mortgage payment=$796

2. Calculation for the Affordable mortgage amount

Using this formula

Affordable mortgage amount = Affordable payment/ Monthly mortgage factor *1,000

The monthly mortgage factor of a 30-year mortgage at 7% is 6.65.

Let plug in the formula

Hence,

Affordable mortgage amount

796/6.65 x 1000 =

Affordable mortgage amount=119.699×1000

Affordable mortgage amount=$119,699

3. Calculation for affordable home purchase price

Affordable mortgage amount=119.699×1000

Affordable mortgage amount=$119,699

3. Calculation for affordable home purchase price

Affordable home purchase price=119,699/ (1 - .20)

Affordable home purchase pr= $119,699/0.8

Affordable home purchase price=$149,625

Therefore:

Affordable monthly mortgage payment is $796

Affordable mortgage amount is $119,699

Affordable home purchase price is $149,625

5 0

3 years ago

Steve, an engineer in a construction company, is at present working on a home construction project. the home is being built for

Varvara68 [4.7K]

Projects are temporary endeavors whereas an organisation's operations are ongoing in nature.The Role of a project sponsor is to provide direction and funding for a project. In this case, Steve is working with his project team and support staff to ensure the project is completed on time and the project sponsor is Robinson family.

7 0

3 years ago

At January 1, 2021, Transit Developments owed First City Bank Group $600,000, under an 11% note with three years remaining to ma

Lana71 [14]

Answer:

Dr Land 125,000

Cr Gain on disposition of assets125,000

Dr Notes payable 600,000

Dr Interest payable 66,000

Cr Gain on troubled debt restructuring 216,000

Cr Land 450,000

Explanation:

Preparation of journal entry(s)

Based on the information given we were told that they group have agreed to settle Transit’s debt innexchange for land which have a fair value amount of $450,000 mean while the Transit purchased the land in 2017 for the amount of $325,000 which means that the Journal entry will be :

Dr Land 125,000

($450,000 – 325,000)

Cr Gain on disposition of assets125,000

Based on the information given we were told that Transit owed First City Bank Group the amount of $600,000 that has an 11% note which means that the Journal entry will be :

Dr Notes payable 600,000

Dr Interest payable 66,000

(11% x $600,000)

Cr Gain on troubled debt restructuring 216,000

Cr Land 450,000

7 0

3 years ago

A 2 percent increase in the price of milk causes a 6 percent reduction in the quantity demanded of chocolate syrup. What is the

scoray [572]

Answer: the cross-price of elasticity of demand for chocolate syrup with respect to the price of milk would be :

e = % ΔQ chocolate syrup / %ΔP of milk

e = -4% / 2%

e = -2 %

Explanation:

7 0

2 years ago

Future Motors is expected to pay a $3.30 a share annual dividend next year. Dividends are expected to increase by 3.75 percent a

Alborosie

Answer:

One share of this stock worth to you today is $18.08

Explanation:

According to the question, we have the following data:

D1 = $3.30

g = 0.0375

Ke = 0.22

one share of this stock worth to you today = P0

Hence to calculate the P0 we have to use the following formula:

Ke = D1/P0 + g

0.22 = 3.3/P0 + 0.0375

P0 = $18.08

One share of this stock worth to you today is $18.08

3 0

3 years ago