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SOVA2 [1]
3 years ago
15

_____ is the most common way to measure the standard of living in different countries. GDP per capita Nominal GDP Real GDP

Business
2 answers:
Lady bird [3.3K]3 years ago
8 0

The answer is GDP per capita. The Gross Domestic Product just shows the wealth of a nation as  a whole since GDP is the value measure of the all the final goods and services produced over a period of time by a country. GDP per capita shows the average wealth per person (hence involves dividing the GDP of a country by its population).

eduard3 years ago
8 0
Just using GDP because GDP per capita is counting by people
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On January 1, 2017, MM Co. borrows $350,000 cash from a bank and in return signs an 4% installment note for five annual payments
frez [133]

Answer:

a. Journal entry to record the issue of notes

Date           Account Title & Explanation   Debit $        Credit $

Jan 1          Cash                                           350,000

                 Notes Payable                                                350,000

                  (To record the issue of notes payable)

b. Calculation of Interest Expenses

                      Particulars                           Amount $

Beginning balance of loan payment         350,000

Annual interest rate                                          4%

Interest expenses                                         14,000

Hence the interest expenses = $14,000

Principal amount is calculated as the difference between the annual payment and the interest expenses as seen below

                   Particulars                           Amount $

Annual payment                                      96,590

Less: Interest expenses                          14,000

Principal Payment                                  82,590

Hence, the principal payment =$82,590

6 0
3 years ago
A $10,000, 8 percent coupon bond that sells for $10,000 has a yield to maturity of
Illusion [34]

Answer:

A) 8 percent.

Explanation:

Coupon rate refers to the expected periodic earnings of a bond until its maturity. The coupon rate is expressed as a percentage of the par value or the face value of the bond. It is similar to the interest rate for other investments option.  A bond's coupon rate is, therefore, its interest rate.

A bond coupon rate represents its yearly earnings. However, most bonds will pay the interest twice per year. The bond issuer pays the bondholder regular and fixed interest until the bond matures. The coupon rate determines the bond's profitability. A bond with a higher coupon rate is more attractive to investors.

8 0
3 years ago
Barry is a farmer who sells his farm produce to top who is the broker for the agriculture industry burying time often agree on a
fredd [130]
I am guessing it could be secondary market.

5 0
3 years ago
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Anton [14]
Please answer please please thank you
7 0
3 years ago
On November 1, 2017, National Company sold inventory to a foreign customer. The account will be settled on March 1 with the rece
Alina [70]

Answer:

$162,000 and $4,000 loss

Explanation:

The computation of the adjusted basis in the account receivable and the gain or loss is as follows:

As on Nov 1, the foreign currency rate on date of sale is $0.83

The account receivable should be recorded at

= 200,000 × $0.83

= $166,000

Now the foreign currency rate is reduced to $0.81

So the loss is recorded

= ($0.83 - $0.81) × $2,00,000

= $4,000 loss

And, Receivable balance on Dec 31 is

= $166,000 - $4,000

= $162,000

7 0
2 years ago
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