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2 years ago

Which will increase GDP the most: 1 pound of whole apples priced at $1.99/pound, or a

1 answer:

3 0

In the first case, one pound of whole apples which are priced at $1.99/pound will contribute more towards an increase in the GDP as whole apples can be used by households, and business organizations and also can be used for exporting but sliced apples have a time duration within which it has to be used or else will lead to wastage. Hence, the first option can be chosen.

<h3>What is the definition of GDP?</h3>

The standard measure of the value-added created via the manufacturing of products and services in a country all through a certain period is known as the Gross domestic product (GDP).

It additionally measures the profits earned from that manufacturing or the entire amount spent on final goods and services (less imports).

Hence, the first option can be chosen which is one pound of whole apples which are priced at $1.99/pound will contribute more towards an increase in the GDP.

Learn more about GDP:

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To get to free cash flows from accounting earnings, what is the formula used?

kotegsom [21]

The formula used to determine free cash flow is cash from operations minus capital expenditures.

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4 years ago

Next year, Celebrity wishes to increase the unit selling price to $110. Shipping will change to 2.5% of sales. Cost of goods sol

RSB [31]

Answer:

net income increased by $1,537.50

Explanation:

Obviously, the original income statement is missing, so I looked for a similar question:

sales revenue $16,500

COGS ($9,300)

Gross profit $7,200

Operating exp.:

Administrative $950
Depreciation $1,300
Shipping $412.50 ($2,662.50)

Net income $4,537.50

net income increased by $4,537.50 - $3,000 = $1,537.50

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3 years ago

The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for

Talja [164]

Answer:

Total cost= $752,060

Explanation:

To calculate the fixed and variable cost under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (853,560 - 723,060) / (540,000 - 450,000)

Variable cost per unit= $1.45

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 853,560 - (1.45*540,000)

Fixed costs= $70,560

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 723,060 - (1.45*450,000)

Fixed costs= $70,560

Now, the total cost for 470,000 units:

Total cost= 70,560 + 1.45*470,000

Total cost= $752,060

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3 years ago

Cardinal Company's bank statement showed a balance at May 31 of $180,974. The only reconciling items consisted of a large number

kicyunya [14]

Answer:

$129,127

Explanation:

Cardinal company bank statement showed a balance of $180,974 at May 31

The reconciling items consisted of outstanding checks of $51,847

Therefore, the amount that should be shown in Cardinal cash account on May 31 can be calculated as follows

= $180,974-$51,847

= $129,127

Hence a balance of $129,127 should be shown on the Cardinal cash account on May 31

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3 years ago

what are the sectors of the business environment, and how do changes in them influence business decisions

Brums [2.3K]

Answer:

Business is affected by different factors which collectively form the business environment. These include economic, social, legal, technological and political factors. ... Business environment are categorized into three main categories; internal environment; operational environment; and general/external environment.

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3 years ago