Answer:
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Answer:
A) $20,000
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
The stereo and the tires wont be included in GDP because they are intermediate goods. It is only the final good, the car, that would be included in GDP
Answer:
10.70%
Explanation:
NPER = 12*2 = 24
PMT = 40
PV = -820
FV = 1000
Pretax Cost of Debt = Rate (NPER, PMT, -PV, FV) * 2
Pretax Cost of Debt = Rate(24, 40, -820, 1000) * 2
Pretax Cost of Debt = 0.0535 * 2
Pretax Cost of Debt = 5.35% * 2
Pretax Cost of Debt = 10.70%
Given:
Controllable margin = 60,000
sales = 400,000
return on investments = 10%
Return on investments = net profit / average operating assets
10% = 60,000 / ave. operating assets.
Average operating assets = 60,000 / 10%
Average operating assets = 600,000
Griffin's average operating assets will be 600,000 when its return on investment is 10%.
Answer: Option B
Explanation: In simple words, exporation refers to a process under which the state or any other such authority take over any property from its owner. This could occur for any kind of social reasons.
In the given case, the ice cream parlors were the property of swenson's ice cream but the state took over it and starts operating it on their own.
Hence from the above we can conclude that the correct option is B.
