Answer:
B. An unsold inventory of automobiles produced in that year
Explanation:
GDP is the measure of all the total value goods and services produced within the borders of a country per period. In calculating GDP, economists consider the value of finished products only. Capital goods or goods used to manufacture other products are also not included in GDP. Excluding capital and work-in-progress eliminates the chances of double counting.
The flour used in bakeries and the steel used in the production of automobiles are inputs used to make other goods; hence they will not be included in GDP calculations. Goods produced in the previous period cannot be included in the current GDP calculation as they were accounted for in the year of their production.
Answer:
"80" is the appropriate solution.
Explanation:
- Cisco would be renowned for some of its gateways, exchanges as well as wireless connectivity, although sales from offerings which including cloud computing increased, their companies will benefit.
- It would hardly be surprising that fundraising activities about eighty percent of the Overall States' economic activity.
Answer:
Total contribution margin= $1,220,000
Explanation:
Giving the following information:
Purchase price= $1.8
Selling price= $14
Number of untis= 100,000
<u>First, we will determine the unitary contribution margin:</u>
Unitary contribution margin= selling price - unitary variable cost
Unitary contribution margin= 14 - 1.8
Unitary contribution margin= $12.2
<u>Now, the total contribution margin:</u>
Total contribution margin= 100,000*12.2
Total contribution margin= $1,220,000
Answer:
C. Accounting Identity is: Assets = Liabilities + Owners' Equity.