GDP is composed of four components. Which of the following is NOT a component of GDP

Which of the following items should be included in a company's inventory at the balance sheet date? A) Goods sold to a customer

Nikitich [7]

Answer:

The correct answer is C.

Explanation:

In the inventory of a company, when it is on the balance sheet date, goods in transit purchased at an f.o.b. shipping point must be included.

Goods in transit are goods that are not physically in the warehouse but have already been paid for by the company. This already acquired merchandise is property of the company, only that its arrival is only waited for to the deposit.

Have a nice day!

8 0

2 years ago

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MMS Corp borrows $1,650,000 today for a new building. The loan is an equal principal payment loan with an APR of 6.5% compounded

astraxan [27]

Answer:The Current Portion of debt in month 16 is $1461958.53 (rounded off to two decimals)

Explanation:

The question requires us to calculate the balance of the loan in 16 months time. The Balance of the Loan is calculated by taking the loan amount and calculates the Future Value of the amount (in 16 months) and subtract the Future Value of Monthly Loan Payments.

The Monthly Payments were not provided in the question so the first thing we need to do is to calculate monthly payments

Loan Amount = $1650 000

Interest Rate (r) = 6.5/12 .Interest rate is compounded monthly there for the annual Percentage rate of Interest must be divided by 12

Period (N) = 9 years x 12 = 108 months

Monthly Payments Formulae = (r)Loan Amount/(1 -(1 + r)^-n)

Monthly Payments = (0.065/12)1650 000/(1 - (1 + 0.065/12)^-108)

Monthly Payments = 8937.49989/0.4420139495

Monthly Payments = 20219.949846

MMS Corp would pay $20219.949846 for the loan. we will not round of this answer because we want to get an accurate answer wen we calculate Loan Balance (current potion of debt in 16 months time)

Loan Balance (current potion of debt in 16 months time)

Loan Future Value Formulae = Loan Amount (1 + r)^n

Future Value of Monthly Payments = Payments ((1 + r)^n - 1)/r

Current Porting of debt = Loan Amount (1 + r)^n - Payments ((1 + r)^n - 1)/r

Current Porting of debt = 1650 000(1 + 0.065/12)^16 - 20219.949846((1 + 0.065/12)^16 - 1/(0.065/12)

Current Porting of debt = 1798958.8403 - 337000.31512

Current Porting of debt = 1461958.5252

The Current Portion of debt in month 16 is $1461958.53 (rounded off to two decimals)

6 0

3 years ago

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The Hoover Dam backs up the Colorado River and creates Lake Mead, which is approximately 115 miles long and has a surface area o

kvv77 [185]

Answer:

0.403ft/day

Explanation:

Area = 250 miles = 250 × 5280^2= 6.9696e9 ft

Rise per sec = (Flow in - Flow out)/Area of lake = (40,000 - 7,500)/(6.9696e9) = 4.663e-6ft/s

Therefore in 24 hours = 4.663e-6 × 3600 × 24 = 0.403ft/day

4 0

2 years ago

True or false? under medicare part a, a beneficiary can have an unlimited number of benefit periods.

Arlecino [84]

True depending on what you pay. Depending on what is payed (it is all tabled) you may have more or less days on your benefit periods up until no limit. In the end, it is a health insurance, and as everything that's payed, it has limits or not depending on what is payed.

6 0

2 years ago

How do you register partnerships firm in Nepal?

koban [17]

<em><u>answer</u></em>

Procedure for Registering a Partnership Firm

Step 1: Application for Registration. An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. ...

Step 2: Selection of Name of the Partnership Firm. ...

Step 3: Certificate of Registration

6 0

2 years ago

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