Answer:
At the end of the 4th year, the original $87,000 less an annual vacation expense of $10,000 would have compounded at an interest rate of 7% to become $69,640
Graduate school costs $24,060. The funds will expire after 2.9 years
Explanation:
Kindly refer to the attached document for clearer breakdown of the workings
The correct answer of the question is Fraud.
The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.
<h3>
What is Fraud?</h3>
- It is a form of deception or an unlawful gain.
- It is an intentional form of deception that can have various criminal consequences.
- There are various kinds of frauds like bank fraud, insurance fraud etc..
- It is committed with the intention of gaining an unauthorized benefit.
- it can occur in various domains like finance, real estate, insurance etc.
- Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.
To learn more about fraud visit: brainly.com/question/20357860
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C. A tariff
Tariffs are taxes imposed on imported foreign goods and are designed to encourage people to buy domestic products
Answer:
$546,750
Explanation:
Sales 2,498,000
COGS (1,376,000)
gross profit 1, 112,000
S&A salaries (219,000)
other S&A (346,000)
underapplied MO (10,250) *
net income 536.750
*we need to compare the actual voerhead with the applied overhead:
<u>actual overhead:</u> 176,000 + 420,000 = 596,000
<u>applied overhead:</u>
overhead rate:

568,000 / 32,000 = 17.75
33,000 x 17.75 = 585.750
overhead
<u>debit credit</u>
596,000 585,750
10,250 underapplied overhead
As the applied was lower it is underapplied we need to recognzie more cot thus, the net income decrease.