Answer:
<u>$25,000 </u>
Explanation:
Now, to get the amount of farmer's sale of that which will be included as apples in GDP.
The farmer’s sales of worth $25,000 will be included as apples in GDP, as the farmer sells the apples to individuals who take them to eat.
<u><em>GDP is abbreviated as gross domestic product.</em></u>
<em>GDP represents the goods and services produced within the country over a particular time. The economists used it to determine whether the country is facing recession or having a growth.</em>
<u><em>As, the $25,000 worth of apples of the farmer's sale is the monetary value of the apples produced by the farmer in the country to sell to individuals for their consumption in their home. As private consumption is one of largest part of GDP.</em></u>
Thus, the farmer's sales that will be included as apples in GDP is <u>$25,000</u> worth of apples, as the farmers sells these apples to individuals who take them home to eat.
Answer and Explanation:
Given that
The Sale is made for $900
Terms 2/10, n/30 that means if the payment is made within 10 days than 2% discount is eligible and the total credit period allowed is 30 days
Now the journal entry to record the receipts of a payment within discount period is
Cash Dr $882
Sales discount $18
To Account receivable $900
(Being the cash received)
If I am planning a local art festival, and the money available for the promotion of the event is low, what I will do is that I will create awareness about the program on the internet using social media. Social media will allow me to advertise the event at no cost at all and will allow the advertisement to reach a good number of people who live at the region where the event will take place.
Answer:
146
Explanation:
The computation is shown below
<u>Particulars Surgical Surgical Rehab Rehab </u>
<u> Equipment Supplies Equipment Supplies</u>
Cost (A) 151 103 256 153
Selling price 272 135 342 153
Less:
cost to sell 18 10 18 7
Net realizable
value (B) 254 125 324 146
<u>Lower of A & B 151 103 256 146</u>
<span>The business organization Jorge and Fred have most likely formed is an Partnership. Because they share all profits and risks caused by an organisation. There is a major advantage in partnership where we can take decisions and plans together and strive towards the excellence of the organization. Even-though there is a debt problem we can share and solve the debts.Mutual Understanding is the main point in Partnership.</span>
