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3 years ago

gdp is the best measurement of a country's economy. explain why you agree or disagree with this statement

1 answer:

3 0

GDP is designed to assess the production of goods in a market economy by output. However, it is not efficient in accounting for public and private services that without output that are easily countable by the number of units produced. GDP is not also well suited in measuring improvements in the diversity and quality of goods and services. It is also poor in estimating the depletion of resources. Finally, it doesn't also reflect the degradation of the environment involved in the production process.

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Check my work Check My Work button is now enabled3Item 5Item 5 10 points Social Media, Inc. (SMI) has two services for users. To

Nimfa-mama [501]

Answer:

a. Predetermined administration costs - $ 54 per engineering hours

b. Profit per Toot - $ 648,075

Profit per Tix $ 326,450

Explanation:

Computation for predetermined overhead rate for admin costs

Estimated administration costs $ 629,100

Engineering hours - Toot - 6,825

Engineering hours - Tix - 4,825

Total engineering hours 11,650

Predetermined rate for administration costs

$ 629,100/ 11,650 hours $ 54 per hour

Computation of total profit for each service

Administration costs - Toot = 6,825 hours * $ 54 per hour = $ 368,550

Administration costs - Tix = 4,825 hours * $ 54 per hour = $ 260,550

Toot Tix

$ $

Revenues 1,350,000 1,040,000

Engineering costs 333,375 453,000

Allocation of admin costs 368,550 260,550

Total costs 701,925 713,550

Profit per service 648,075 326,450

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3 years ago

Silven Industries, which manufactures and sells a highly successful line of summer lotions and insect repellents, has decided to

BartSMP [9]

What I would do is do the percentages one by one and then you complete the actual project it’s self.

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3 years ago

Automation Services Co. offers its services to companies desiring to use technology to improve their operations. After the accou

Aneli [31]

Answer:

Please find solution attached below

Explanation:

4 0

3 years ago

The most worthless money in the world?

Inessa [10]

A penny

But the most worthless thing in the world is love.
You love them and they snap you like a twig

3 0

2 years ago

Read 2 more answers

reative Sound Systems sold investments, land, and its own common stock for $36.0 million, $14.4 million, and $38.8 million, resp

Bingel [31]

Answer:

$18.4 million

Explanation:

The computation of the net cash flows from financing activities is shown below:

Cash flows from financing activities

Issuance of the common stock $38.8 million

Less: Purchase of treasury stock -$20.4 million

Net cash flows provided from financing activities $18.4 million

The positive sign represents the inflow of cash and the negative sign shows the outflow of cash and the same is shown above

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3 years ago