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3 years ago

When disney builds a new amusement park in the united states, it is counted as part of gdp?

1 answer:

6 0

GDP (or Gross Domestic Product) is the total value of goods and/or services provided in a country during one year. So, if Disney were to open another amusement park, it would bring the value of Disney up, which means that this would be counted as GDP.

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You currently own 100 shares of stock in Beverly Brothers Inc. The stock currently trades at $120 a share. The company is contem

Gwar [14]

Answer:

No option is correct, since you will have 200 shares and each share should be worth around $60.

Explanation:

If the 2-for-1 stock split takes place then you will have 200 shares instead of 100. For every 1 share that you currently own, the corporation will issue another share.

Since the price of the shares was $120 before the stock split, after the stock split the price will be divided by two (the same proportion). So each new share will cost approximately $60.

In order for option 2 to be correct, the stock spit should have been 3-for-1.

8 0

3 years ago

Which of the following is included in the normal journal entry to record the collection of accounts receivable previously writte

dlinn [17]

Answer:

Debit Accounts Receivable, credit Allowance for Doubtful Accounts.

Explanation:

To record the collection of accounts receivable previously written off when using the allowance method, the first step is to debit Accounts Receivable, and then credit Allowance for Doubtful Accounts. This purpose of this to reverse the already written off amount.

The next step after that is to complete the entries by debiting Cash, and crediting the Accounts Receivable to record the cash collection in respect of previously written off accounts receivable.

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3 years ago

Computer professionals who are responsible for designing computers to be used within their companies are the

svetlana [45]

Computer professionals who are responsible for designing computers to be used within their companies are the "system analysts".

A system analyst is an information technology (IT) professional who has some expertise in analyzing, planning and executing data frameworks. Frameworks investigators survey the reasonableness of data frameworks as far as their proposed results and liaise with end clients, programming sellers and software engineers so as to accomplish these outcomes. A systems analyst is a man who utilizes examination and plan procedures to tackle business issues utilizing data innovation. systems analyst may fill in as change operators who recognize the hierarchical enhancements required, outline frameworks to actualize those progressions, and prepare and propel others to utilize the systems.

6 0

3 years ago

Bonds, compared to stocks, have which of the following characteristics?

Inessa05 [86]

The correct answer for the given question above would be option C. Bonds, compared to stocks, have the characteristic of having maturity dates. Maturity date refers to the final payment date of a loan or other financial instrument in which the principal is due to be paid. Hope this answer helps.

3 0

3 years ago

Read 2 more answers

The following cost data relate to the manufacturing activities of Chang Company during the just completed year:

aleksandrvk [35]

Answer:

cost of goods manufactured= $890,000

Explanation:

Giving the following information:

Applied Overhead= $485,000

Other costs incurred:

Purchases of raw materials (both direct and indirect) - $400,000

Direct labor costs - $60,000

Inventories:

Raw materials, beginning - $20,000

Raw materials, ending - $30,000

Work in process, beginning - $40,000

Work in process, ending - $70,000

To calculate the cost of goods manufactured, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 20,000 + (400,000 - 15,000) - 30,000

Direct material used= 375,000

I deduct the indirect material included in manufacturing overhead.

cost of goods manufactured= 40,000 + 375,000 + 60,000 + 485,000 - 70,000

cost of goods manufactured= $890,000

7 0

3 years ago