Answer:
Therefore Mad Batter Bakery has to pay $7,000 to Bird Brain ranch to fullfill the contract obligation.
Explanation:
Total contracted eggs of Bird Brain Ranch by Mad Batter Bakery - 750 eggs
Price per egg as per the contract - $10
Total eggs supplied = 700 eggs
Therefore, realisable contract value of Bird Brain Ranch = 700 eggs x 10 per egg = $7,000
RI = Operating income - (Minimum required rate of return x Operating assets)
RI = 500,000 - (0.08 x 5,200,000)
RI = 84,000
Residual income is $84,000
True Some no activist believe in a predetermined money growth rate
Answer:
GDP = $14,755.1 and expenditure approach
Explanation:
The formula to compute the GDP is shown below:
GDP = Personal consumption expenditures + Gross private domestic investment + Government consumption expenditures and gross investment + Net exports
where,
Net exports = Exports - imports
= $1,935.3 - $2,435.5
= -$500.2
So, the GDP is
= $10,417.1 + $1,818 + $3,020.2 - $500.2
= $14,755.1
And, the summing of all this items which are shown above while calculating the GDP is known as expenditure approach