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3 years ago

What is one way GDP could be measured?

Business

1 answer:

Lady_Fox [76]3 years ago

6 0

Answer:

Multiply all goods, services, and structures produced inside our national boundaries in a 12-month period by their prices, then add them up

Explanation:

GDP is the total value of goods and services produced within the boundaries of a country within a specific period. GDP is a measure of a country's productivity. In calculating GDP, economists use finished goods and services to avoid double counting. All goods produced in the country are considered even if foreigners manufactured them.

Costs structures refer to components of fixed and variable costs that impact the success of a start-up. Without cost structures, many businesses will not take off. These costs include the cost of acquiring capital, expenses relating to business registration, and initial office expenses.

In calculating GDP, one has to consider the total value of goods and services produced plus the cost of structures. GDP is an indicator of growth or contraction in the economy.

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shanghai company sells glasses, fine china, and everyday dinnerware. it uses activity-based costing to determine the cost of the

Vsevolod [243]

Shipping cost per item: glasses 28, china 56, and dinnerware 84

(B) 3,500 boxes of china, 196,000 transportation cost

Explanation:\s(A)\shipping $14 a pound.

2 pounds times $14 equals 28 for a carton of glasses.

A box of daily dinnerware weights 6 pounds x $14 = 84 and a box of china weighs 4 lbs x $14 = 56.

(B) 3,500 pounds of china times 56 equals 196,000

<h3>What does "shipping cost" mean?</h3>

Costs associated with transporting cargo from Point A to Point B are commonly referred to as shipping costs. The cost of shipping may include a number of components, depending on the type of contract.

To know more about Shipping cost visit:-

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4 0

1 year ago

Splish Brothers Inc. issues $257,000, 10-year, 8% bonds at 99. Prepare the journal entry to record the sale of these bonds on Ma

klemol [59]

Answer:

Dr Cash 254,430

Dr Discount on bonds payable 2,570

Cr Bonds payable 257,000

Explanation:

Preparation of the journal entry to record the sale of these bonds on March 1, 2022

Based on the information given we were told that Brothers Inc. issues the amount of $257,000 that includes 10-year and 8% bonds at 99 which means that the journal entry to record the sale of these bonds on March 1, 2022 will be :

March 1, 2022

Dr Cash 254,430

(257,000*99%)

Dr Discount on bonds payable 2,570

([$257,000*(100%-99%)]

Cr Bonds payable 257,000

(Being to record the sale of bonds)

8 0

3 years ago

Find the amount to which $550 will grow under each of the following conditions. Do not round intermediate calculations. Round yo

Cloud [144]

Answer:

(A)Fv= $864.2

(B) Fv= $1302.05

(D) Fv= $96817.21

Explanation:

Giving the following information:

Initial investment= $550

We will use the final value formula:

FV=Present value*(1+i)^n

(A) 9% compounded annually for 5 years.

Fv= 550*(1.09)^5=$864.2

(B) 9% compounded semiannually for 5 years.

Fv= 550*(1.09)^10= $1302.05

Fv= 550*(1.09)^15= $2003.4

(D) 9% compounded monthly for 5 years.

Fv= 550*(1.09)^60=$96817.21

6 0

4 years ago

A hospital needs 2,900 units of a medicine throughout the year. The purchasing cost varies with the size of the order. If the nu

Rom4ik [11]

Answer:

a. 100 units are ordered

b. Minimum Total annual cost = 80090

Explanation:

Given that,

D=2900.

C = $30 IF q<100

= $27 IF 100<Q<499.

= $26 IF Q>500.

C(H) = $30

C(O) = $10.

EOQ = √(2*D*C(O)/C(H))

= √( 2*2900*10/30)

= √( 1933.3333)

= 43.97

TAC if 44 units are ordered = (2*D*C(O)*C(H))+D*C

= 2*2900*10*30+ 2900*30

= 1319.09+ 87000 = 88319.09

TAC if 100 units are ordered = 2900/100*10+ 100/2*30+ 2900*27

= 29*10+ 50*30+2900*27

= 290+1500+78300

= 1790 + 78300 = 80090

if 500 units are ordered = 2900/500*10+ 500/2*30+2900*26

= 58+ 7500+75400= 82958.

∴ we get

100 units are ordered

Minimum Total annual cost = 80090.

5 0

3 years ago

During the formation of a business, it is decided that an S-Corporation will be used. Of the following choices, which are key co

irina1246 [14]

Answer:

Protected assets:.

Pass-through taxation:

Tax-favorable characterization of income:

Straightforward transfer of ownership:

Cash method of accounting

Heightened Credibility:

Explanation:

The advantage S-Corporation have over all other forms of businesses is as follows:

Protected assets:. An S corporation protects the personal assets of its shareholders.

Pass-through taxation:An S corporation does not pay federal taxes at the corporate level. It is of benefit to businesses starting from inception

Tax-favorable characterization of income:S corporation shareholders can be employees and be paid as employees. They can also receive dividends from the corporation and distributions that are tax-free to the magnitude of their investment in the corporation

Seemless transfer of ownership: Ownership can be freely transferred to people legally

Cash method of accounting: They don't have to use the accrual method of accounting while other Corporations use that(except for small businesses)

Heightened Credibility: It helps to establish a strong credibility with business partners, employees, vendors

7 0

4 years ago