Answer: (a) $325,000
(b) $1,150,000
Explanation:
(a) For Music world retail:
Cost of goods sold = Goods available for sale - Ending merchandise inventory
= (Beginning merchandise inventory + Cost of purchases) - Ending merchandise inventory
= ($200,000 + $300,000) - $175,000
= $500,000 - $175,000
= $325,000
(b) For Wave-Board Manufacturing:
Cost of goods sold = Goods available for sale - Ending finished goods inventory
= (Beginning finished goods inventory + Cost of goods manufactured) - Ending finished goods inventory
= ($500,000 + $875,000) - $225,000
= $1,150,000
Answer:
The given transactions categorised as being parts of C / I / G / X - M, from GDP
Explanation:
Federal Aviation Administration expands the runways at Philadelphia International Airport, which is just a few miles from Antonio and Caroline's house : Government Purchase
Dmitri buys a new set of tools to use in his plumbing business : Investment
Caroline buys a new BMW, which was assembled in Germany : Imports
Antonio's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China : Export
Caroline gets a haircut : Consumption
Answer:
I am not sure but I think B. is the answer
Answer:
$1,238.85
Explanation:
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Future value = $1,000
Rate of interest = 7%
NPER = 8 years
PMT = $1,000 × 11% = $110
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be $1,238.85
Answer:
c. Express agency
Explanation:
An express agency can be defined as a type of contractual agreement between two (2) parties, which typically involves one party being instructed and authorized to act on behalf of the other person, usually referred to as the principal. Express agency is a fiduciary role.
In this scenario, Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their relationship. Thus, the type of agency that has been created between Peter and Brunhilda is an express agency.