Which of the following is least likely to be a safety concern in the shop?

Investigations of money laundering are routinely performed by such agencies as the Federal Bureau of Investigation (FBI), DEA, a

Umnica [9.8K]

Office of Terrorism and Financial Intelligence (TFI is the body that the agency that takes care of money laundering.

<h3>What is money laundering?</h3>

Money laundering has to do with all of the activities that involves the illegal concealment or smuggling of money that was obtained through dubious means.

It is when the money that was taken was meant to be for the people of the nation and it gets to the wrong hands who use it for their own gains and purpose.

Read more on money laundering here:

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5 0

2 years ago

Is Universal Social Charge, Income tax or Consumer tax?

skelet666 [1.2K]

Answer:

income tax

Explanation:

5 0

3 years ago

Read 2 more answers

Diamond Design Company makes custom chairs for individual customers. On September 1, there was one job in process, Job 243, with

Romashka [77]

Answer:

Net operating income= $3,152

Explanation:

Giving the following information:

Job 245 was completed on September 14 and the client was billed at cost plus 40%.

Job 245:

Direct Materials= $6,700

Direct Labor= $2,300

Overhead= 0.60*2300= $1,380

Total cost= $10,380

Sales= 1.4*10380= $14,532

Cost od goods sold= 10380

Gross profit= 4152

Selling and administrative expense= 1000

Net operating income= $3,152

3 0

3 years ago

A student believes that less than 50% of students at his college receive financial aid. A random sample of 120 students was take

den301095 [7]

Answer:

P-value is greater than the significance level, we fail to reject null hypothesis.

Explanation:

Here,

Sample size = n = 120

Sample proportion = p = 0.6500

Population Proportion = $P_{0}$ = 0.5

Level of significance = α = 0.02

Step 1: 

$H_{0}$ : p = 0.5

$H_{1}$ : p < 0.5 (Left tailed test)

Step 2:

The critical vale is = 2.0537

Step 3:

The test statistic is,

z = $\frac{p - p_{0} }{\sqrt{\frac{p_{0} (1-p_{0}) }{n} } }$

Step 5:

Conclusion using critical value: Since the test statistic value is greater than the critical value, we fail to reject null hypothesis.

Step 6:

Conclusion using P-value: Since the P-value is greater than the significance level, we fail to reject the null hypothesis.

3 0

3 years ago

Greenwell Farm Equipment sells a tractor to Farmer for $130,000 on January 1, 2019. The tractor is delivered that day. Greenwel

agasfer [191]

Answer:

Present value of interest is $5,062 and future value is $5,796

Explanation:

The formula for finding the Present value of the interest reported as revenue is calculated as under:

Present Value of $40,000 receivable in 2 years = $40,000 / (1+7%)^2

Present Value of $40,000 receivable in 2 years = $34,938

The difference of the future value receivable and present value of the future amount receivable is the interest's present value which is given as under:

Interest Present value = $40,000 - $34,938 = $5,062

Using the compounding formula, the future value of the interest that will be recorded in the financial statement will be = $5,062 * (1 + 7%)^2 years

Future value of interest = $5796

7 0

3 years ago