1.Computer software
2.Operate fax machines
3.Answer routine letters and email
Answer:
Excluded from GDP
The production of the set of tires does not included on the GDP as it is referred to as an intermediate goods which are used to produce the final product (which is the two door coupe, in this case).
Explanation:
Gross domestic Production (GDP) represent the total production of a nation within its domestic borders. Some of the items that are excluded in GDP include: sales of goods that were produced outside the domestic borders of the country, intermediate goods that are used to produce other final goods, sales of used goods, illegal sales of goods and services (black market) and transfer payments made by the government
Its like renting but you have the option to buy at the end i believe.
Answer:
Option (b) is correct.
Explanation:
The Journal entries are as follows:
(i) On November 1, 2015
Retained Earnings [$3 × 20,000] A/c Dr. $60,000
To Dividend Payable $60,000
(To record the declaration of dividend)
(ii) On November 30, 2015
Dividend Payable A/c Dr. $60,000
To cash A/c $60,000
(To record the payment of dividend)
Answer:
The pension benefit obligation will be $331500
Explanation:
We have given PBO = $265000
Less pension benefits paid = $40000
Discount rate = 10% = 0.01
Service cost = $80000
Interest cost = $265000×0.01= $26500
We have to find the amount of PBO
So the pension benefit obligation PBO will be = $265000+$80000+$26500-$40000 = $331500
So the pension benefit obligation will be $331500
