Answer:
it represents the value of all goods and services produced over a specific time period within a country's borders.
Economists can use GDP to determine whether an economy is growing or experiencing a recession.
Investors can use GDP to make investments decisions
a bad economy means lower earnings and lower stock prices.
Explanation:
good luck
Answer and Explanation:
The preparation of the cost of goods sold budget is presented below:
Direct material ($12 × 20,000 chairs) $240,000
Direct labor ($16 × 1.9 × 20,000 chairs) $608,000
Variable overhead rate ($1.20 × 1.9 × 20,000 chairs) $45,600
Fixed overhead rate ($1.30 × 1.9 × 20,000 chairs) $49,400
Cost of goods manufactured $943,000
Add: opening inventory $0
Less: ending inventory (610 chairs × ($12 + ($16 × 1.9) + ($1.20 × 1.9) + ($1.30 × 1.9) -$41,278.70
Cost of goods sold $901,721.3
Answer:
a. Yum Co. uses cash to repurchase 10% of its common stock. (Financing activity)
b. DigiInk Printing Co. buys new machinery to ramp up its production capacity. (Investing activity)
c. D and W Co. sells its last season’s inventory to a discount store. (Operating activity)
d. A company records a loss of $70,000 on the sale of its outdated inventory. (Operating activity)
Explanation:
Cash flow statement shows how cash is used and obtained in a business. There are different activities that influence cash flow. Below are the activities:
- Operating activities are those that include normal business operations like buying and selling of inventory, interest payments, and salaries.
- Investing activities involves use of cash for investment like purchase or sale of assets, merger and acquisitions payments, and purchase of equipment.
- Financing activities includes cash used to purchase or sell equity such as shares, payment of dividends, and repayment of principal from debt
Answer:
to find profit make
%profit =selling price + cost price ÷ cost price
Answer:
Promotional allowance
Explanation:
Promotional allowance is a discount on aproduct or any compensation given by suppliers to trade partners in order to carry out more promotions of their products.
Seasonal discounts are usually given on seasonal goods to encourage buyers to purchase the product in off peak periods.
Cash discount is usually given for prompt payment.
Rebate is when a part of an amount paid is returned to a customer.
I hope my answer helps you.
