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Sedbober [7]
3 years ago
8

Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production

for that nation. Which of the following activities are either not accounted for or are measured inaccurately in calculations of GDP for the United States? Check all that apply. The value produced when you wash your own car at home The Brazilian wood that is used for flooring in a new U.S. house The variety of goods available to consumers Funds spent by city governments to renovate their buildings The costs of overfishing and other overly intensive uses of resources
Business
1 answer:
alexgriva [62]3 years ago
7 0

Answer:

GDP is the value of all the goods and services produced within the domestic territory of the country in an accounting year.

GDP= Consumption + Investment + Government purchase + Net Exports (Imports)

The scenarios which are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States are as follows:

  • The value produced doings your own laundry.
  • The costs of over fishing and other overly intensive uses of resources  
  • The leisure time enjoyed by households

When a U.S. company purchases and imports wood from Brazil to use to build new houses with in the United States, this purchase increases the investment component of GDP while also decreases net exports by the same amount. Therefore, the purchase of wood from Brazil causes no change in US GDP.

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Internal control is a process designed to ensure
Sauron [17]

Answer:

Internal Control is designed to ensure all of the items described in the answer.

Explanation:

Internal control refers to the control measures adopted by an entity so as to ensure compliance with legal framework, check frauds and errors and for reliable financial reporting.

Compliance procedures are the processes designed to check whether internal controls exist in an organization and if they do, whether such controls are operating effectively.

For e.g biometric authentication with regard to attendance keeps a check on the number of employees actually working during a period and eliminates the possibility of dummy names in the attendance records. This is an example of internal control i.e control measures created by organization itself.

8 0
3 years ago
If the credit to record the purchase of supplies on account is not posted
Ratling [72]
The liabilities will be understated. 
6 0
3 years ago
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for
coldgirl [10]

Answer:

Option (A) is correct.

Explanation:

Given that,

Order costs for pepperoni = $10.00 per order

Carrying costs = 4 cents per pound per day

Lead time for each order = 3 days

Pepperoni itself costs = $3.00 per pound

Total Order = 80 pounds of pepperoni

Demand rate = 20

Total ordering cost = Total order × cost per order

                                = 80 × $10

                                = $800

Length of an order cycle:

=\frac{Order\ quantity}{Demand\ rate}

=\frac{80}{20}

= 4 days

3 0
3 years ago
The Grange was an organization that____________.
Fittoniya [83]

Answer: Option A. established cooperatives for storing and marketing farm output

Explanation:

The Granges consist of many group of people that are mainly farmers and other group of people. The Grange is based on farm and rural community value. The Grange helps people, especially farmers by established cooperatives for storing and marketing farm output. Most Granges support community service and volunteer work in addition to providing their members with a community with whom to discuss farming matters. The Grange tries to bring together people involved in different areas of agriculture as well as different parts of the community.

8 0
3 years ago
Sanders, Inc., paid a $4 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo
maks197457 [2]

Answer:

The price of the stock today is $42.94

Explanation:

The price of a stock whose dividends are expected to grow at a constant rate is calculated using the constant growth model of Dividend Discount model approach. It bases the price of the stock on the present value of the expected future dividends. The price today under this model is calculated as follows,

P0 = D0 * (1+g)  /  r - g

Where,

  • D0 * (1+g) is the D1 or the dividend for the next year
  • r is the required rate of return
  • g is the growth rate in dividends

P0 = 4 * (1+0.052)  /  (0.15 - 0.052)

P0 = $42.938 rounded off to $42.94

6 0
3 years ago
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