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3 years ago

Which phase defines gross domestic product (GDP)

1 answer:

OverLord2011 [107]3 years ago

7 0

The answer is letter b.
GDP is the total monetary value of all the finished goods and services produced in a country in a given period. It is usually calculated in an annual basis, but can be calculated quarterly-basis.

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Calculate the price elasticity of supply for Bobbie's Bakery's sourdough loaf. When the price changes by 23 % 23% , the quantity

dlinn [17]

Answer:

Price Elasticity of Supply = 2.40

Explanation:

Price Elasticity of Supply is buyers' responsive change in quantity supplied due to change in Price.

P Es Formula = % change in quantity supplied / % change in price.

Given : % change in supply = 53 ; % change in price = 23

So, P Es = 53 / 23 = 2.40

% change in supply > % change in price & supply is > 1 . So, Supply is Elastic.

5 0

3 years ago

Ayayai Corporation reported net cash provided by operating activities of $345,000, net cash used by investing activities of $145

Furkat [3]

Answer:

the free cash flow is $145,000

Explanation:

The computation of the free cash flow is given below:

The free cash flow is

= cash flow from operating activities - capital expenditures

= $345,000 - $200,000

= $145,000

hence, the free cash flow is $145,000

The same should be considered and relevant

5 0

3 years ago

Scobie Company began 2016 with a retained earnings balance of $142,400. During an examination of its accounting records on Decem

tino4ka555 [31]

The total retained earnings on 31st December 2016 is $197,100. The journal entry are attached below.

<h3>What is Retained Earnings?</h3>

Retained earning is basically the profits of the company which is kept aside to meet the future requirement of the company. It the amount which is left over after deducting all cost such as direct cost, indirect cost, income taxes and dividend.

The retained earning is used in the future projects or for buying the equipment for the company.

Learn more about retained earnings here:

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#SPJ1

6 0

2 years ago

This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t

gizmo_the_mogwai [7]

Answer: Megabus being a late mover in the US, has allowed the company to learn from past mistakes by companies such as Greyhound, who filed for bankruptcy in the mid 90's and who lost most of it's business due to poorly maintained terminals, high prices for fares and unsafe conditions. Mega bus's advantages include fares as lows as 1 dollar, free wi-fi, stylish buses and power outlets. They Can offer these low fares since the company eliminated purchase Windows for tickets, selling tickets online only and by eliminating expensive terminal operations by dropping off and picking up riders at sidewalk stops like public bus operators. There are few disadvantages besides the fact that rising gas prices affect travel and low fare prices affect revenue if quantity is not met .

Advantages - 1. Affordable 2. Pretty scenery 3.You get what you paid for

Disadvantages-1. Uncomfortable 2. It’s Either Freezing or Sweltering 3. Odd People

2. Yes it has own Overwhelming resources and capabilities 3. Train

Explanation:

4 0

3 years ago

Cushenberry Corporation had the following transactions.1. Sold land (cost $11,360) for $14,200.2. Issued common stock at par for

miss Akunina [59]

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $14,200

To Gain on land A/c $2,840

To Land $11,360

(Being the land is sold)

2. Cash A/c Dr $18,900

To Common stock A/c $18,900

(Being the common stock is issued for cash)

3. Depreciation Expense A/c Dr $15,730

To Accumulated Depreciation - Buildings A/c $15,730

(Being depreciation expense is recorded)

4. Salaries expense A/c Dr $8,080

To Cash A/c $8,080

(Being the salaries expense is paid for cash)

5. Equipment A/c Dr $8,420

To Common stock A/c $1,170

To Additional paid-in capital in excess of par value A/c $7,250

(Being the equipment is purchased)

6. Cash A/c Dr $1,236

Accumulated depreciation - Equipment A/c Dr $7,210

Loss on sale of equipment A/c Dr $1,854

To Equipment A/c $10,300

(Being the equipment is sold)

7 0

3 years ago