Reference no: EM132782256
You prepared a comparative analysis of an automobile dealership. What questions should you ask?
2014 2015 2016
Gross Receipt $3,000,000 $4,000,000 $5,000,000
Cost of Sales $2,800,000 $3,850,000 $4,900,000
Expenses $ 180,000 $ 140,000 $ 95,000
Gross Profit $ 20,000 $ 10,000 $ 5,000
Gross Profit % 0.67% 0.25% 0.10%
Question 1: Explain how a college or university might engage in money laundering.
Question 2: Explain the statement: Banks are part of the solution and part of the problem when it comes to money laundering.