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Kazeer [188]
2 years ago
10

Which method for counting gross domestic product focuses on the money paid for all the factors of production as well as profits

earned by business owners?
Business
1 answer:
Otrada [13]2 years ago
4 0

The method of GDP calculation that looks at the profits earned by business owners and the money paid for factors of production is the <u>Income approach</u>.

<h3>How is the income method of GDP used?</h3>

With the income method, the total amount that was paid for to access the factors of production is looked at.

This shows how much spending happened in the economy. The profits of entrepreneurs is also looked at as it is income earned, and not money spent on production.

Find out more on the income method of GDP at brainly.com/question/994415

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Average Daily Accounts Receivable Turnover

Numerator Days in 4 Years = 0.365 4 4 = 46 debt turnover ratio of 9.02

Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.

In personal banking or financial accounting, a credit is an entry indicating that money has been received. Normally, a checking account register has the balance (deposits) on the right and the debits (money spent) on the left. In a loan, all the requested amount is given at once at the time of lending, whereas in a loan, the bank uses the full amount of the loan to give the customer an amount that can be used as needed.

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7 0
1 year ago
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Nina [5.8K]
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6 0
3 years ago
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The managers of a popular software firm believe in trusting their subordinates to perform effectively rather than monitoring the
disa [49]

Answer:

Decentralized control

Explanation:

Decentralized control -

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In this case , the people in the higher post need not rule over the lower one to complete the project or task on time .

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3 0
3 years ago
Jack offers to sell Jill his automobile for $10,000. Jill says she must think about but that she is not rejecting his offer. Jil
wel

Answer:

The sale of the car is canceled

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For two reasons I think this. Jack had already sent out a letter to jill stating that the car is no longer for sale. As the current owner of the vechile he has the right at any point in time to draw out of the deal up till the actual signing over of the car.  

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Nataly_w [17]

operations management

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