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ycow [4]
1 year ago
15

Brenda is the CEO of a large corporation. While presenting a proposal to a commercial bank for a corporate loan, she offered the

bank's commercial loan manager a $10,000 "gift" for favorable treatment. Is Brenda guilty of bribery?
A. Brenda is guilty of bribery because she is dealing with a commercial bank in the normal course of business.
B. Brenda is guilty of bribery whether the manager accepts or not because the offer constitutes the crime.
C. Brenda is not guilty of bribery.
D. Brenda is guilty of bribery only if the manager accepts because the crime has not occurred without acceptance by the other party.
Business
1 answer:
iren [92.7K]1 year ago
3 0

Answer:

C) Brenda is not guilty of bribery.

Explanation:

Bribery can be defined as offering a payment (or paying) to a government official in exchange for a favorable treatment either regarding a personal or commercial issue. In this case, Brenda offered money to a person working in a private company, so she cannot be guilty of bribery.

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Pabon Corporation makes one product. Budgeted unit sales for August and September are 11,100 and 12,600 units, respectively. The
AleksAgata [21]

Answer:

$555,750

Explanation:

First we need to calculate the units produced in the month of August.

We know that the opening inventory of finished goods is equal to 40% of that month's sale.

  • The Opening inventory of August will be: 11100 * 0.4 = 4440
  • Units produced in august relating to August sales will be 11100 - 4440 = 6660
  • Units produced in August relating to September's sales will be 12600 * 0.4 = 5040
  • Total units produced in August = 6660 + 5040 = 11700 units
  • labour hours required for August = 11700 * 2.5 = 29250 direct labor hours
  • So, Direct labor Cost = 29250 * 19 = 555750

7 0
2 years ago
Suppose a mutual fund yielded a return of 14% last year. The risk-free rate was 5% last year and the stock market return was 10%
Makovka662 [10]

Answer:

Beta is 1.8

Explanation:

CAPM or capital asset pricing model is used to compute expected return on stock by establishing relationship between expected returns and systematic risk (also called beta).

Given:

Return on mutual fund = 14%

Risk free rate (Rf) = 5%

Market return (Rm) = 10%

Risk premium = Rm - Rf

                      = 10% - 5%

                      = 5%

CAPM formula:

Returns = Rf + β(Rp)

14% = 5% + β(5%)

β = 9 / 5

β = 1.8

Beta of mutual fund is 1.8

4 0
1 year ago
A corporate bond with a face value of $1,000 matures in 4 years and has a coupon rate of 6.25 percent. The current price of the
postnew [5]

Answer:

8.28%

Explanation:

We use the Rate formula shown in the spreadsheet for this question

The NPER specifies the time period.  

Given that,  

Present value = $932

Future value or Face value = $1,000  

PMT = 1,000 × 6.25% ÷ 2 = $31.25

NPER = 4 years × 2 = 8 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

the yield to maturity is 8.28%

6 0
2 years ago
A company has budgeted direct materials purchases of $300,000 in July and $480,000 in August. Past experience indicates that the
enyata [817]

Answer: $696,000

Explanation:

Given the following;

JULY direct material purchase = $300,000

AUGUST BUDGET

direct material purchase =$480,000

Selling and administrative expenses = $48,000

Depreciation expense = $36,000

Purchase of office equipment = $72,000

Wages expenses = $150,000

Only 70% of the amount of purchases made in a month being paid that month. The remaining 30% paid the next month

Therefore, total Budgeted cash disbursement for the month of August will include ;

30% of July purchase

0.3 × $300,000 = $90,000

70% of August direct material

0.7 × $480,000 = $336,000

Wage expense = $150,000

Office equipment purchase =$72, 000

Selling and administration expenses = $48,000

= $(90,000 + 336,000+ 150,000+72,000+ 48,000) = $696,000.

3 0
1 year ago
Lisa surveyed a sample group of people. Based on her survey, Lisa suggested to her company that they develop a customizable trav
saw5 [17]
<h2>Answer:</h2><h3>To me i think that the answer is e) ad analysis </h3><h2>Explanation:</h2><h3>she was going around and survey a sample group of people. Then she suggested to her company about they develop a customizable travel application.</h3>
8 0
2 years ago
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