Answer: OPTION D
Explanation: Sustainable development means consuming natural resources in such a way that the needs of today gets fulfilled without hindering the needs of future generations .
A. Consuming more capital today will result in more depletion of natural resources that are limited in amount thus there would be no sustainable development.
B. This case study relates to sustainable development which depends on limited natural resources thus society does not have the option to invest it .
C. The case study relates to natural resources which are provided by the nature human resource plays no major role in sustainable development.
D. Only consuming natural resources in an efficient manner would result in sustainable development.
Answer:
The multiple choices missing from the question are:
a. $60,000.
b. $50,000.
c. $57,000.
d. $59,000.
Option D,$59000 is correct
Explanation:
The recorded cost of the equipment is made of purchase cost,the sales tax since it is not recoverable,shipping cost as well as the installation cost.
The recorded cost is computed thus:
Purchase price $50,000
sales tax $4,000
shipping $3,000
installation $2,000
total cost $59,000
The rationale for including shipping and installation costs is that asset cost should include cost of bringing the asset to current location(shipping) and condition(installation)
Answer:
a) GDP measures the market value of final goods and services produced within a country.
Explanation:
Gross Domestic Product{ GDP} is the total market value of all the finished goods produced within the boundaries of a country at a specific time. GDP takes into account all products and services regardless of who produces them, be it locals or foreigners. In short, GDP is a measure of all domestic productions.
Economist uses GDP as a scorecard of a country's economic status. They use it to determine the growth rate of an economy and its size.
Investors and business people will use GDP in the decision-making process. They will want to invest in industries or countries that are growing. A steady rise in GDP signifies that the economy is doing well and growing. A decrease in GDP will indicate a recession.
Answer:
1.21
Explanation:
Current Ratio = Current Asset / Current Liabilities
= (Cash + Shortminusterm Investments + Net accounts receivable + Inventory) / Current Liabilities
= ( 46500 + 34000 + 102000 + 129000) / 257000
= 1.21
Answer:
$63,140
Explanation:
For computing the total amount of product cost first we have to find out the total product cost per unit which is shown below
Direct material cost per unit + Direct labor cost per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit.
= $6.70 + $3.40 + $1.50 + $3.80
= $15.40
Now the
Product cost is
= units produced × cost per unit
= 4,100 units × $15.40
= $63,140
We simply applied the above formulas
