If real GDP was 2630 and grew annually at 3%, The value of real GDP ten years later is going to be $67670
<h3>How to solve for real GDP </h3>
We have to start by starting the formula A = P(1+r)^n
We have P = principal = 2620
We have r as the rate of interest = 3% = 0.03
We have the number of years n = 110
We have to put these values in the formula we have
A= 2620(1+0.03)^110
= 67669.9
This is approximated to be
= 67670
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Answer:
31.6%
Explanation:
Contribution margin ratio after the increase in selling price is:
CM = (Unit selling price - Unit variable cost) / Unit selling price
= (190 - 130) / 190 = 31.6%
Answer:
durable power of attorney.
Explanation:
A durable power of attorney is the most vital document that anyone can have in place in the situation where they are not able to care for themselves. It acted as the permission slip in which the authority is given to the third party to do the things on behaf of the other person who cant do that
So as per the given situation, the above should be the answer
Answer:
Confused lines of responsibility
Answer:
b. 126,500.
Explanation:
The equivalent units of production using weighted-average method will be,
Total units finished during the year 106,000.
Work in Process inventory 50% complete (41,000 units *50%) 20,500 units.
Total equivalent units of production during the period = Total units finished during the year + Work in process units completed
Total equivalent units of production during the period = 106,000 + 20,500
Total equivalent units of production during the period = 126,500.
