Melissa intentionally tells her mortgage broker from whom she's trying to secure a home loan that she receives $1,200 each month in child support, though it's really only $800. This is an example of material misstatement. collusion. counterfeiting. omission.

If john can produce 10 chairs or 20 lamps during a week while mary can produce 12 chairs or 22 lamps in the same time, who has the absolute advantage in producing each good?

Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?

If you miss two payments on a credit card what is generally the penalty