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oksano4ka [1.4K]

3 years ago

7

Real gdp per person is $10000 in country A $20000 in country B and $30000 in country C. The saving rate increases by the same ra

te in all three countries. Other things equal, which country grows the fastest

1 answer:

Zielflug [23.3K]3 years ago

6 0

Country C. Each person earns an average of $30,000 a year. The higher that pay, the more likely for faster development.

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Interest amounting to $4 was credited to your account by the bank in September. The bank's service charge for the month was $5.

allsm [11]

Answer:

Bank Reconciliation Statement as at October 2:

Balance as per checkbook $601

Add: Electronic transfer $2,400

Interest $4

Less: Bank charge ($5)

Balance as per bank statement $3,000

Explanation:

A bank reconciliation statement is a statement prepared periodically to reconcile the balance in the cash book with the balance shown on a bank statement.

The process starts with identifying transactions that do not (do) appear in the cash book and those that do not (do) appear in the bank statement, which did not appear in the other. Errors are also identified and corrected during the process. After this, the reconciliation statement is prepared to agree the two sources of balances.

6 0

3 years ago

Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.

VikaD [51]

Answer:

$281,612

Explanation:

Plane Operating Cost = Fixed cost + (Variable cost per unit1 × q1) + (Variable cost per unit 2 × q2)

Plane Operating Cost = $40,190 + ($2709*88) + ($10 * 303)

Plane Operating Cost = $40,190 + $238,392 + $3,030

Plane Operating Cost = $281,612

So, the plane operating costs in the planning budget for August would be $281,612

6 0

2 years ago

Food handlers must remove all objects on their hands and wrist except

noname [10]

Except for gloves any other object can transfer bacteria.

7 0

3 years ago

Read 2 more answers

Commonminussized income statements A. compare companies with the same level of net income. B. assist in the comparison of compan

erik [133]

Answer:

B. assist in the comparison of companies of different sizes.

Explanation:

In the common-size income statements, the items of the income statement are shown in the percentage of the sales. The motive of this statement is to compare the financial statements of the same company for different periods or comparing it by different size companies.

By comparison, the company gets to know about the liquidity, solvency, financial position, performance, profitability over the past years.

7 0

3 years ago

A business will construct its financial statements in a particular order because they are interrelated. This means that items fo

Blizzard [7]

Answer: d. Net income is part of the computation for ending retained earnings.

Explanation:

In the statement of owner's equity, Retained earnings are calculated and it is done with the Net Income. This is why when the net income is calculated from the Income Statement it is transfered to the SOE and used to calculate Retained Earnings.

Retained Earnings are calculated by the formula,

Ending Retained = Opening Retained Earnings + Net Income (losses) - Dividends

Net income is added to (or subtracted from if it is a Net loss) the Opening Retained earnings balance. Net dividends are also subtracted.

7 0

3 years ago