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3 years ago

To derive net domestic product (ndp) from gross domestic product (gdp), we must subtract ________________ from gdp.

2 answers:

5 0

To derive net domestic product (NDP) from gross domestic product (GDP), we must subtract depreciation from GDP.

Depreciation is the reduced value of an asset over time, wear and tear on the asset. Cars, machines, equipment are examples of items that depreciate over time.

eduard3 years ago

4 0

Answer:

Depreciation

Explanation:

To derive net domestic product ( NDP ) from gross domestic product ( GDP ) you will have to subtract the depreciation from the GDP.

NDP is used to account for the capital that was consumed by the people over the year in the form of basic amenities like housing and liabilities like automobiles and other form of accessories and to calculate this we will have to remove the depreciation value of this consumed goods from the gross domestic product of the country over the same year. while GDP is the overall market values of goods and services produced usually within a year.

depreciation is the reduction in value of goods and services or the reduction in value of an good bought over time due to certain conditions like wear and tear.

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Identify supply chain of your school?

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Answer:Within the supply chain discipline itself, students need to learn the foundational concepts of management science and cover topics such as sourcing, selling, logistics, inventory control, quality management, and product management.

Explanation:

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2 years ago

Americans often equate "bigger" with "better," and prefer larger cars, TV screens, homes, even meals. Researchers suspect that i

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Answer:

The correct answer is letter "A": psychological.

Explanation:

The tendency individuals prefer larger objects while making purchases could reflect their <em>psychological </em>need for protection. Some people believe the bigger or the more of something the merrier. In certain aspects, it could be true since, for instance, having larger savings instead of expenses provides individuals more possibilities not to be critically affected by economic hardship. Though in some other aspects such as technology, day by day devices are smaller but their features are enhanced.

Thus, <em>as the perception of owning larger stuff is psychological, it is merely subjective.</em>

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3 years ago

18. Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an eco-friendly tile manu

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OPTIONS:

a. Resources

b. Time

c. Scope

d. Cost

Answer:

a. Resources

Explanation:

Business constraints are factors or any aspect of the business environment that limits the smooth running of a business. They serve as impediments to the actualization of business objectives and goals.

The constraint faced currently by Galaxy is “resources”. The tiles they do procure from Tiles and Floors serve as one of the resources they need in their construction company. Since, the company supplying them these materials has been declared bankrupt and closed down, they are constrained by the unavailability of resources, which they need in their operations .

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3 years ago

Presented below is information available for Concord Corporation. Current Assets Cash $ 4500 Short-term investments 50500 Accoun

disa [49]

Answer:

2.42 times

Explanation:

The computation of the acid test ratio is shown below:

Acid test ratio = Quick Assets ÷ Current liabilities

where,

Quick Assets = Cash + short term investment + account receivable

= $4,500 + $50,500 + $66,000

= $121,000

And, the current liabilities is $50,000

So the acid test ratio is

= $121,000 ÷ 50,000

= 2.42 times

Basically we applied the above formula to find out the acid test ratio

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3 years ago

(Land’s End) Geoff Gullo owns a small firm that manufactures "Gullo Sunglasses." He has the opportunity to sell a particular sea

Law Incorporation [45]

Answer:

Answer is explained in the explanation section below.

Explanation:

Answer-a with option-1

the land end sale price is $100, purchase cost is $65 and salvege valu is $53

So the underage cost = Cu = 100-65 = 35 and overage cost = Co = 65-53 = 12

the critical ratio = Cu/(Cu+Co) = 35/47 = 0.7422

From the standard normal distribution function The Z value at 0.7422 = 0.66

The optimal order quantity = 200 + 0.66 x 125 = 282.5

The optimal order quantity = 282.5

Answer-b with option-1

the land end sale price is $100, purchase cost is $55 and salvage value is $0

So the underage cost = Cu = 100-55 = 45 and overage cost = Co = 55-0 = 55

the critical ratio = Cu/(Cu+Co) = 45/100 = 0.45

From the standard normal distribution function The Z value at 0.45 = -0.12

the optimal order quantity = 200 - 0.12 x 125

The optimal order quantity = 185

We have to calculate the expected profit in each case to determine which option Lands Ends should choose.

With option-1 Geoff's sells 282.5 units at $65 for total revenue of 18363 and production cost of 282.5 = 7063

Geoff credits Lands ends for each returned sunglass so we need to evaluate how many sunglasses Land Ends return.

Expected lost sales = 125 x 0.1528 = 19.1

Expected sales = 200 - 19.1 = 180.9

expected left over inventory = 282.5 - 180.9 = 101.6

Expected profit = (100-65) x 180.9 - (65-53)x 101.6 = 5112

Expected profit = 5112

Similarly with option 2 the Expected profit = 4053

So option-1 is preferred.

If the Land chooses option-1 and orders 275 units Then Geoff earn = 275 x $65 = $17875

and production cost = $25 x 275 = $6875

With order quantity 275 the z statistics = 0.6

and expected lost sales = 125 x 0.6 = 21.09

Expected left over inventory = 275-200+21.09 = 96.09

So the Geoff's buy back cost = 96.09 x 53 = $5093

and expected profit = $17875 - $5093 = $5907

expected profit = $5907

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3 years ago