Answer:
A. Transmissions manufactured in Alabama for Ford's range of Upper F minus series pickup trucks. B. School supplies purchased by a local school board.
Explanation:
The remaining two options are not considered in the calculation because GDP concerns the consumption of final goods by the public. C. Canned foods purchased by a grocery store. Here a store is the buyer, not a public consumption. D. Foot massages at spas in California. Here massages are not classified as a product.
Answer:
The correct answer is option d.
Explanation:
When $500 is kept in the piggy bank, it represents the <u>store of value</u> function of money,as currency notes are used to store a value of $500 for future use.
The price of laptop is $500, this price represents <u>the unit of account</u><u> </u>function of money. Money here is being used to represent the value of laptop.
The $500 saved in piggy bank is used to purchase the laptop, this represents the <u>medium of exchange</u> function of money. Here money is being used to exchange goods and services.
I had to look for the options and here is my answer:
Based on the given situation above, if the opinion of a given investor in which it is expected tat there will be an exceeding return, this would show that the investor thinks that the management might not be maximizing the price per share. Hope this helps.
<u>Solution and Explanation:</u>
<u>Journal entry to record the purchase the bags of insultaion.</u>
Date Particulars Debit Credit
Inventory $6875
accounts payable $6875
(Purchased insulated bags from Glassco Inc., 1250bags at the rate $5.5 each)
<u>entry to record the payment for shipping</u>
Inventory $320
cash $320
( paid shipping charges for bags to warehouse)
<u>entry for return of the defective bags</u>
accounts payable $275
Inventory $275
( returned defective bags to glassco Inc)
<u>To record the payment for the bags kept by compass.</u>
Accounts payable $6600
cash $6600
( payment for remaining bags to Glassco Inc., )