Answer:
He suspected he was on the verge of being caught, called the company's president, and confessed that he had taken the money.
Explanation:
Fraud is an act of misrepresentation of facts in order to gain an unfair advantage and wrongful ownership of an asset that is not one's own.
It is the act of converting another's property to oneself through illegal activities.
In this instance Bill was depositing funds into his personal account. He eventually confessed to the fraud.
A statement review of the customer account would have easily uncovered the fraud committed.
Its real GDP will be $1280.
According to the data provided here, we have that;
Production of 220 pounds of jelly beans at $5 means = 220 x 5 = $1100
While the 90 pounds of gum drops at $2 = 90 x 2 = $180
As production is an investment (I) so,
real GDP = $1100 + $180 = $1280
Hence, the real GDP of the production of two consumer goods ( Commodities ) is $1280.
When the production after completion goes to the market and after selling they generate revenue and the investment and profit come back which actually calculates the real GDP of an economy.
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Answer:
That´s so cool...... don´t forget to be thankful you have a car
Explanation:
Given: -
Sarah's income = 25% of the partnership income but not less than $12,000.
Net income of partnership for the year = $32,000.
To find: -
1) Amount that can be deducted by partnership as guaranteed payment.
2) Income that Sarah is to report on her tax return.
Solution: -
Partnership income = $32,000
Sarah's share = 25% of 32000 = $8,000
But Sarah must receive $12,000 (Shortfall $12,000-$8,000=$4,000)
So, 1) $4,000 can be deducted by partnership as guaranteed payment.
2) Income that Sarah needs to report on her tax return = $12,000.
