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forsale [732]
3 years ago
5

What would it signify if the population of a country remained the same while the real GDP increased? A) the economy is in declin

e B) the population is growing C) the population is declining D) the economy is growing
Business
2 answers:
8_murik_8 [283]3 years ago
7 0
If the population of the country remained the same, you can automatically eliminate B and C. If the GDP is increasing, that means that the economy is growing.
Anon25 [30]3 years ago
3 0

Answer:

D) the economy is growing

Explanation:

GDP is the sum of the wealth produced by a nation's economic agents. If a nation has no population increase, but GDP increases, it means that economic agents have increased their productivity, which generates an increase in GDP. In other words, this means that the same number of people are producing a higher value compared to a previous period.

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Rocky River Company is a pricetaker and uses target pricing. Refer to the following information:Production volume 602,000​ units
ladessa [460]

Answer:

$30.07

Explanation:

Rocky river company uses target pricing

The production volume is 602,000 units

The market price is $34 per unit

The total assets is $13,900,000

The desired operating income is 17% of the total assets

= 17/100 × 13,900,000

= 0.17×13,900,000

= 2,363,000

The first step is to calculate the sales value

= 602,000 ×34

= 20,468,000

The total cost can be calculated as follows

= Sales value-desired operating income

= 20,468,000-2,363,000

= 18,105,000

Therefore the target full product cost per unit can be calculated as follows

= Total cost/production volume

= 18,105,000/602,000

= $30.07

Hence the full target product cost per unit is $30.07

7 0
3 years ago
To provide external shareholders with relevant, reliable, consistent, and comparable financial information, the accounting profe
masha68 [24]

Answer:

<u>Generally accepted accounting principles</u>

Explanation:

Generally accepted accounting principles abbreviated as GAAPs , refer to set of accounting rules and principles to ensure clarity, consistency of reported information and to enhance reliability and comparability of accounting information.

GAAPs were prescribed by Financial Accounting Standard Board (FASB) of the United States. The accountants of public companies in United States are supposed to abide by GAAP principles while compiling accounts and preparing financial statements.

Thus, GAAPs lay emphasis upon presenting financial information which is relevant to the shareholders, which is true and can be relied upon , which is consistent and which can be compared to deduce past trends and for forming opinions and arriving at conclusions.

6 0
3 years ago
Which of the following utilizes a sales technique in which a company representative known as a​ consultant, distributor, or advi
likoan [24]

Answer:

E. Party plan system

Explanation:

Based on the information provided within the question it can be said that the term being described is called a Party Plan System. This is a marketing approach where a company disguises an marketing tactic within an social event where they sell their product directly and in person. Since the customer base is already there.

8 0
3 years ago
Gugenheim, Inc., has a bond outstanding with a coupon rate of 5.8 percent and annual payments. The yield to maturity is 7 percen
shusha [124]

Answer:

The market price if the bond has a par value of $2,000 is A. $1,790.11

Explanation:

The Market Price, PV of the Bond can be determined as follows :

PMT = $2,000 × 5.80% = - $116

P/yr = 1

YTM = 7 %

n = 14

Fv = - $2,000

Pv = ?

Using a financial calculator, the Market Price, PV is $1,790.1088 or $1,790.11.

8 0
3 years ago
Bill and Bob share profits of their partnership in the ratio of 6:1 respectively. If the net income of the firm is $29,000, calc
nasty-shy [4]

Answer:

The share of bill net income is $24,857

Explanation:

The computation of the share of bill net income is shown below:

Given that

Profit sharing ratio of Bill and BOb is 6 : 1

And, the net income of the firm is $29,000

So, the share of bill net income is

= Net income × bill share

= $29,000 × 6 ÷ 7

= $24,857

Hence, the share of bill net income is $24,857

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

4 0
2 years ago
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