Answer:
The correct answer is option C.
Explanation:
The real GDP of a nation was $250 billion in 2015, its population was 122 million.
In 2016, its real GDP was $265 billion and its population was 125 million.
The real GDP per capita in the year 2016 is
=
=
= $2,120
The GDP per capita in 2016 is $2,120.
Answer:
Butcher's warranty expense for Year 4 is $10,000
Explanation:
Since in the question, it is given that 5% of the toys are returned, and the warranty expenses should be charged on the replacement service or repair service. Even, the question has said the same.
So, the warranty expense computation is shown below:
= Sale units of toys × selling price per toy × returned percentage
= 10,000 toys × $20 × 5%
= $10,000
The warranty obligation part is irrelevant. Thus, we don't consider in the computation part. Therefore, it is ignored.
Hence, Butcher's warranty expense for Year 4 is $10,000
Answer:
Increases; Declines
Explanation:
A current account deficit occurs when the value of imports (of goods, services and investment income) is greater than the value of exports. If the currency is overvalued, imports will be cheaper, and therefore there will be a higher quantity of imports.
Answer:
A) It states a response followed by a reward is more likely to recur in the future.
Explanation:
E.L. Thorndike stated in 1898 that the Law of Effect in psychology is a behavioural term used to describe the attitude of humans towards positive responses. The Law of Effect states that the responses that produce a satisfying effect to a particular situation become more likely to occur again in that situation and responses that produce a discomforting effect become less likely to occur again in that situation. This thus explains the situation when man's senses are programmed to positivity especially when it involves satisfaction. It also means that when a positive thing occurs, there is a strong possibility that it will occur again.
Answer:
Explanation:
Net Income 490776
Add back depreciation 37752
Add back amortization 4719
Deduct gain on asset disposal (6292)
Increase in receivable (26500)
Decrease in payable (13075)
Increase in inventory (26775)
Increase in salary payable ( 2100)
Cash flow 458,505
The non cash expenses which are depreciation and the amortization cost are added back and non cash income like gain on the disposal of asset deducted to arrive at the net cash flow.