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3 years ago

If real gdp in a particular year is $80 billion and nominal gdp is $240 billion, the gdp price index for that year is:

1 answer:

5 0

The gdp price index for that year is 300.
This is how we calculate this;
Gdp price index = 100 x nominal gdp / real gdp
=100 x 240 / 80
=24000/80
Gdp price index = 300

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Asymmetric Frames Corp. had a return on equity of 15%. The corporation's earnings per share was $6.00, its dividend payout ra

svet-max [94.6K]

Answer:

D. 9.0%

Explanation:

Provided return on equity = 15% = K $_e$

Earnings per share = $6.00

Dividend = 40% = $6 $\times$ 0.4 = $2.40

Internal Growth Rate = Cost of equity $\times$ (1 - Dividend payout ratio)

Putting values in above we have

Internal growth rate = 15% $\times$ (1 - 40%)

= 15% $\times$ 60%

= 9%

Therefore, correct option is

D. 9.0%

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3 years ago

Discuss what happens to overhead rates that are based on direct labor when automated equipment replaces direct labor. Would manu

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Answer:

Manufacturing overhead rates based on direct labor will increase and the total overhead itself will increase as a result of the increased use of equipment instead of direct labor.

Explanation:

When overhead rates are based on direct labor and automated equipment replaces direct labor, the number of direct labor hours will decrease. This will cause an increase in the predetermined overhead rates since fewer direct labor hours will now divide the same or even an increased level of overhead. Even the overhead costs will increase from the replacement of direct labor with equipment.

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3 years ago

A production department in a process manufacturing system completed its work on 84,000 units of product and transferred them to

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Answer:

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

The equivalent units under each of the three assumptions are

Materials Conversion 67,800 67,800

Materials Conversion56730 56730

Materials Conversion 69060 69060

Explanation:

Assumption 1 : all materials are added at the beginning of the process and conversion is 100% complete

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 100 100 25,200 25,200

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 16,200 16,200

Equivalent Units 67,800 67,800

Assumption 2:

Beginning Inventory is 40% complete as to materials and conversions and ending inventory is complete 75 %as to materials and conversions.

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 40 40 10,080 10,080

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 75 75 12150 12150

Equivalent Units 56730 56730

Assumption 3:

Beginning Inventory is 60% complete as to materials and conversions and ending inventory is complete 30 %as to materials and conversions.

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 60 60 15,120 15,120

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 30 30 4860 4860

Equivalent Units 69060 69060

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

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3 years ago

The law of supply indicates that other things equal:.

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Answer:

The law of supply is the microeconomic law that states that, all other factors being equal, as the price of a good or service increases, the quantity of goods or services that suppliers offer will increase, and vice versa.

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2 years ago

Julia is offered a job selling advertising for two different companies. Company A offers a base salary of $30,000 per year plus

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3 years ago

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