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Semmy [17]
2 years ago
11

The old Gross National Product (GNP) measurement was replaced by the newer Gross Domestic Product (GDP) definition in 1992. What

was one of the biggest differences between the two
Business
1 answer:
valentina_108 [34]2 years ago
8 0

The biggest differences between the two are that GDP no longer counted foreign activities of American businesses located in other nations.

GDP is a hallmark of the nearby/countrywide economy, GNP represents how it is nationals are contributing to the country's economy. For instance, united states of America-based information reporter sent to South Korea and sends her Korean earnings home, they make contributions undoubtedly to the united states' GNP. GDP excludes goods and offerings which can be produced out of doors in the economic system while GNP excludes items and offerings which might be produced by way of foreigners living inside u. s . a .. GDP measures best home manufacturing whereas GNP measures handiest the manufacturing by using nationals.

GDP seems for the amount of monetary activity within a state's economic system, whilst GNP appears on the price of the economic hobby generated with the aid of the state's human beings. which means GNP will matter to the monetary activities of expatriates and different residents out of doors u. s. a .'s borders but GDP will now not. GDP will recall the activities of noncitizens within those borders, however, GNP will now not.

GNP can be calculated by adding intake, authorities spending, capital spending with the aid of agencies, internet exports, and net income with the aid of domestic citizens and companies from distant places investments. This discern is then subtracted from the internet profits earned with the aid of foreign citizens and agencies from home investment.

Learn more about the Gross National Product here: brainly.com/question/1383956

#SPJ4

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Manta Ray Company manufactures diving masks with a variable cost of $25. The masks sell for $34. Budgeted fixed manufacturing ov
Nonamiya [84]

Answer:

(First Case) Absorption cost income is higher by 14,200 dollars

(Second Case) variable costing income is higher by 44,000 dollars

(Third Case) they are equal as produciton = sales

Explanation:

the difference arises when production differs with sales.

that's because variable will consider the entire amount of fixed cost as cost of the period while, absorption will capitalizethe fixed cost through inventory. If production matches sales then in both cases the fixed cost are entire expressed in the income statement. If they don't the difference is the difference times unit fixed cost.

(First Case)

fixed cost per unit $792,000 / 110,000 = $7.2

difference (110,000 - 108,000) x $7.2 = $14,200

(Second Case)

fixed cost per unit: 792,000 / 110,000 = $8.8

difference (90,000 - 95,000) x $8.8 = $44,000

(Third Case)

They match thus, no difference arises.

6 0
3 years ago
Alex Ltd. produces kitchen tools, and operates several divisions as profit centers. Division M produces a product that it sells
alexira [117]

Answer:

Division N's purchase costs will decrease by $90,000 per year

Explanation:

Division N's purchase cost form outside vendor = total units purchased per year x unit price = 30,000 units x $15 = $450,000

if Division N obtains the product form division M with a transfer price of $12 per unit, their costs will decrease by = total units x (vendor price - transfer price) = 30,000 units x ($15 - $12) = $90,000 per year

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RideAnS [48]

Answer:

P-value for slope coefficient of the size of the mode CuFt is0.00

Explanation:

The slope coefficient is change in probability when all other independent variables are held constant. The output is 93.3 which is due to the variation in labor hours. These variations are due to large number of furniture moved in cubic feet.

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which people represents shareholders within the corporate structure? A. Workers B. presidents C. department heads D. the board o
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D the bored of directors
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When creating a new quickbooks data file for an existing company, opening balances are added when you:?
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The opening balance are being added when creating a new quick books data file for the existing company when there is a presence of having chart of accounts that are provided to be customized that made opening balances to be added.

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