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3 years ago

On average, what percentage of the GDP does the U.S. government collect through taxes?

Business

1 answer:

lions [1.4K]3 years ago

8 0

Answer:

Explanation:

The table shows data from 2000 to 2017. To get the average I sum all of the percentages and divide it by 18 because is the number of observations i have. I got an average of 10.48% and if we round it, we got 10.5% of GDP that government collect through taxes.

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WalCo is a manufacturing company. Assume the estimated inventories on January 1, 2020, for finished goods, work in process, and

ASHA 777 [7]

Answer:

Cost of goods sold=$955000

Explanation:

we know that to calculate cost of goods sold we have to first finds cost of goods manufactured and to calculate cost of goods manufactured we will need total manufacturing cost.

Step#01: Total manufacturing cost=?

Total manufacturing cost= raw material used+direct labour+ factory overhead

Raw material used=?

Raw material (open)= 72000

Add: Raw material purchase=467000

539000

less: Raw material (ending)= (93000)

Raw material used 446000

Total manufacturing cost=446000+363000+213000=1021000

Step#2: Cost of goods manufactured (COGM)=?

we know that: COGM= Total manufacturing cost+ work in process (open)-work in process (end)

COGM= 1021000+63000-84000=1000,000

Step#3: Cost of goods sold (COGS)=?

we know that : COGS= Cost of goods manufactured+finished goods (open)-finished goods (ending)

COGS= 1000000+171000-216000=955000

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3 years ago

Gathering information with your eyes is called

Zina [86]

This is called, visual perception.

3 0

3 years ago

Read 2 more answers

In the summer of 2002, the euro was valued at slightly less than US$1. By 2008, it had risen to an all-time high of $1.60, but i

Kisachek [45]

The answer is foreign currency fluctuations.

Foreign currency fluctuations are basically the change in the values of currencies based on the demand of that currency.

In other words, the more the number of investors invests in the stocks regulated by the stock market to buy exports of any country, the more will be the value of the currency of that particular country and vice versa.

Foreign currency fluctuation occurs for all floating currencies all over the world.

Since in the given case, the value of the euro changes from US$1 to US$1.60 from 2002 to 2008 respectively.

Hence, this change in value is called Foreign currency fluctuations.

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2 years ago

How does risk response impact change control management and vulnerability management?

elena-s [515]

Risk reaction impacts change control administration and weakness administration since change control is a sensible approach to draw close to a change. It can dodge the possibility that the system of an association could wind up plainly interfered.

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3 years ago

Situational crime prevention has many elements but one key element states that items which are disposable and can be easily sold

Usimov [2.4K]

Situational crime prevention includes crime prevention strategies that are aimed at reducing the criminal opportunities. 
It is true that according the situational crime prevention items which are disposable and can be easily sold by thieves are most likely to be taken.

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3 years ago