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Vaselesa [24]
1 year ago
6

What type of scheme is being used when an individual is asked to make an upfront payment in order to gain access to a larger amo

unt of money?.
Business
1 answer:
Simora [160]1 year ago
7 0

An advance fee scheme occurs when the victim pays money to someone in anticipation of receiving something of greater value.

What do you mean by Advance fee payment?

Advance fee payment is the money that you pay to a person or company before receiving something such as a loan or investment.It can be in the form of taxes or lottery.

A business is only to keep the payments you've made in advance or ask you to pay a cancellation charge if it's fair .

Hence , An advance fee scheme occurs when the victim pays money to someone in anticipation of receiving something of greater value.

To know more about Advance Payment from the given link

brainly.com/question/12021890

#SPJ4

You might be interested in
Sales $200,000 Net income 100,000 Depreciation 20,000 Interest 10,000 Taxes 5,000 What is the company’s operating profit margin?
WITCHER [35]

Answer:

57.5%

Explanation:

Data Provided:

Total Sales =  $ 200,000

The net income = $ 100,000

Depreciation = $ 20,000

Interest = $ 10,000

Taxes = $ 5,000

Now,

the operating profit is the from the income before the taxes and interest. Thus,

the interest and taxes will be included in the net income for the operating profit

therefore,

The operating profit = income + Interest + Taxes

or

The operating profit = $ 100,000 + $ 10,000 + $ 5,000 = $ 115,000

Now,

the operating profit margin = ( Operating profit / Sales ) × 100

or

= ( $ 115,000 / $200,000 ) × 100 = 57.5%

3 0
3 years ago
Do you know the answer?
Ugo [173]

Answer:

d

Explanation:

4 0
3 years ago
Data for lozano chip company and its industry averages follow.
algol13

Answer:

B

Explanation:

construct the extended dupont equation for both lozano and the industry.

5 0
3 years ago
What type of estimate is a cost estimation tool that involves estimating individual work items or activities and summing them to
Travka [436]

The answer is Bottom-Up estimates.

Bottom-up estimating involves the estimation of work at the lowest possible level of detail.

The estimates so calculated are then aggregated to arrive at summary totals. The probability to meet the estimated amounts improves substantially by building detailed cost and time estimates for a work package.

In other words, bottom-up estimating approximates an overall value by approximating values for smaller items and using the sum of these values as the overall value.

This cost estimation tool is often used when detailed information is available about lower-level activities. It can be especially useful when estimating projects that are similar to ones that were completed in the past.

Hence, a Bottom-Up estimate is a cost estimation tool that involves estimating individual work items or activities and summing them to get a project total.

Learn more about Cost:

brainly.com/question/25109150

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6 0
2 years ago
According to the dual labor market hypothesis, the secondary market consists of:
Over [174]

Answer:

The dual labor market is related to a theory which is divided into two parts: Primary sector/ market and Secondary sector/market.

Explanation:

The dual labor market hypothesis is divided into two sectors: Primary market and secondary market.

The primary market consists of various jobs that focus on offering a good working environment, stability in job, various opportunities, and high wages.

The secondary market consists of a poor working environment, low changes of advancement, high labor turnover, and low wages.

7 0
3 years ago
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