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muminat
2 years ago
7

Classify the items as to whether or not they would be included in calculating the GDP for Canada. If a country is not specified,

assume the action is done in Canada.
Business
1 answer:
enyata [817]2 years ago
5 0

Included in the GDP of the Canada.: Honda assembly and sale of cars in the U.S

<h3>What is  GDP?</h3>

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced by countries in a given time period. Because of its complex and subjective nature, this metric is frequently revised before it can be considered a reliable indicator.

Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.

From 1996 to 2022, India's GDP Growth Rate averaged 1.63 percent, with a high of 24.80 percent in the third quarter of 2020 and a low of -24.20 percent in the second quarter of 2020.

To know more about  GDP follow the link:

brainly.com/question/1383956

#SPJ4

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Your entertainment price index (EPI) was computed based on three goods: movie tickets, popcorn, and limeade. If you change the q
DaniilM [7]

Answer:

Your entertainment price index (EPI), might fall or rise, contingent on both the quantity of the goods that you bought and the prices of these goods.

Explanation:

Price index is used extensively to estimate changes in prices overtime and are also used to measure differences in costs among different areas of countries.

4 0
3 years ago
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What is a list of quantities of​ components, ingredients, and materials required to make a​ product?.
marishachu [46]

Answer:

I think it B hop it helped

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3 years ago
When presenting an offer to a listing agent on behalf of a buyer, the buyer's agent must not
Alex
To include a copy of the agent's buyer representation agreement with the offer.
6 0
3 years ago
Andrea works as an accountant at a law firm. Her annual gross pay is $48,000. Her deductions include mortgage interest and healt
Oksana_A [137]
Andrea's asset: $48,000
Assets is cash that she owns. Other assets include: property, equipment, furniture - which are all costs that she owns.

Deductions refers to her liabilities- Andrea's liabilities/ $7,500
which costs that she owes to companies, billing and Not that she owns. Such as: mortgage, bills, bank amount loans, expenses etc

Here is what Andrea as an accountant needs to do to find the annual gross: (steps are in order)

1) she lists all of the assets costs & total the assets
As for andrea she added all her assets costs which is $48,000

2) she then lists all the liabilities costs & totals the liabilities costs
Her liabilities costs which is $7,500

3) the last step- she must subtract the assets total & liabilities total

Ex. (Assets) $48,000 - (liabilities) $7,500 = 40,500

The answer is $ 40,500 is her gross pay.

Now you are probably thinking how can that be the answer?!?

An accountant always checks :)

Here is Andreas checking process in order..

1) the answer 40,500 is her gross pay which in accounting terms it's her owner's equity because it is her amount of cash that she owns not giving it away. Think of it as a safe that her storages the money in.

2) in order to determine the total liabilities & owner's equity she must add the total liabilities + the owner's equity that we found.

Ex (total liabilities) $7,500 + $40,500 = $48,000!!
That shows that our answer is correct we retraced our steps like an accountant and found that our answer equals (in accounting terms; balances) the total assets costs.

Here is how the balance sheets looks like: Andreas balance sheet

Assets Liabilities
Cash cost Bank loan costs
Furniture cost Mortgage costs
Property cost Health Costs
Expense costs
Assets total: Liabilities total:
$48,000 $ 7,500

Owners equity (Andrea's safe) $40,500 by
(Assets - liabilities)

Total liabilities & owner's equity (total liabilities + OE (owners equity for short) = $48,000

In accounting if your total assets which is for Andrea is $48,000 equals total liabilities & OE is $48,000 then your answer is correct. In accounting assets total Must equal total liabilities & OE

Hope this helps :)
5 0
4 years ago
The journal entry used to record the issuance of an interest-bearing note for the purpose of borrowing funds for the business is
mestny [16]

Answer:

a. debit Cash; credit Notes Payable

Explanation:

The journal entry for issuance of an interest-bearing note is shown below:

Cash A/c Dr XXXXX

        To Notes payable XXXXX

(Being the issuance of the interest-bearing note is recorded)

For recording this transaction we debited the cash account and credited the notes payable account so that the correct posting could be done.

6 0
3 years ago
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