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2 years ago

Gross Domestic Product (GDP) is:

Business

1 answer:

Likurg_2 [28]2 years ago

3 0

Answer:

D) The value of all goods and services produced domestically.

Explanation:

G. D. P is the total monetary value of all the final goods and services produced within a country at a particular period. A country's G. D. P can be calculated whether on an annual basis or quarterly basis, depending on the period in which the country uses as its accounting period. G. D. P is mostly important to a country as it serves as their economic mirror which is used to calculate the country's economic size as well as its growth rate. G. D. P can be calculated using either the country's expenditures, income or production. It can be manipulated during inflation.

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Smith Wholesale budgeted sales price is $40 per unit for an budgeted sales volume of 5,000 units. The actual performance was 5,5

alex41 [277]

Answer:

$20,000 Favorable

Explanation:

As for the provided information, we have:

Sales Volume Variance is defined as the variance arising due to difference in sales quantity based on standard price.

Formula for the above = (Actual Sales - Budgeted Sales) $\times$ Standard Price

= (5,500 - 5,000) $\times$ $40

= $20,000

This variance shall be categorized as favorable, as the actual sales quantity is more than the static budgeted quantity.

Therefore, Sales Volume Variance = $20,000 Favorable

8 0

2 years ago

A company issued 5%, 20-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity i

m_a_m_a [10]

Answer:

The bond was sold at $1,136.78.

Explanation:

Annual coupon = Bond face value * Coupon rate = $1000 * 5% = $50

Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)

Where;

r = semi-annul interest rate = 4% / 2 = 2%, or 0.02

n = number of period = 20 years * Number of semiannuals in a year = 20 * 2 = 40 semi-annuals

Substituting the values into equation (1), we have:

Annual coupon discount factor = ((1-(1/(1 + 0.02))^40)/0.02) = 27.3554792407382

Present value of coupon = (Annual coupon * Annual coupon discount factor) / 2 = ($50 * 27.3554792407382) / 2 = $683.886981018455

Present value of the face value of the bond = Face value / (1 + r)^n = $1,000 / (1 + 0.02)^40 = $452.890415185236

Therefore, we have:

Price of bond = Present value of coupon + Present value of the face value of the bond = $683.886981018455 + $452.890415185236 = $1,136.77739620369

Approximating to 2 decimal places, we have:

Price of bond = $1,136.78

Therefore, the bond was sold at $1,136.78.

4 0

2 years ago

Brutus Inc is considering the purchase of a new machine for $500,000. It is expected that the equipment will generate annual cas

anygoal [31]

Answer:

8 years

Explanation:

Given: Cost of new machine= $500000.

Annual cash inflow= $100000.

Annual cash outflow= $37500.

First, we will calculate annual payback or cash inflow.

Annual payback= $(cash\ inflow - cash\ outflow)$

∴Annual payback= $(\$ 100000 - \$ 37500)= \$ 62500$

Now computing cash payback period.

Cash payback period= $\frac{initial\ investment}{annual\ payback}$

Cash payback period= $\frac{500000}{62500} = 8\ yrs$

∴ Cash payback period is 8 years.

When payback period is short then investment is more attractive.

6 0

2 years ago

Using these data from the comparative balance sheet of Ramirez Company, perform horizontal analysis.

7nadin3 [17]

Answer:

Ramirez Company comparative balance sheet

2014 2013

Particulars Amount Percent Amount Percent

Accounts receivable 535,000 17.05% 450,000 16.62%

Inventory 792,000 25.24% 606,000 22.39%

Other Assets <u>1,811,000 57.71% 1,651,000 60.99%</u>

Total assets <u>3,138,000 100% 2,707,000 100%</u>

2014 Workings

Account receivables= 535,000 / 3,138,000 * 100 = 17.05%

Inventory= 792,000 / 3,138,000 * 100 =25.24%

Other Assets= 1,811,000 / 3,138,000 * 100 = 57.71%

2013 Workings

Account receivables= 450,000/2,707,000 * 100= 16.62%

Inventory=606,000/2,707,000 * 100= 22.39%

Other Assets=1,651,000/2,707,000 * 100= 60.99%

5 0

2 years ago

Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 52 units at $79 10 Sale 35 u

andrezito [222]

Answer:

November 1 Inventory 52 units at $79

November 10 Sale 35 units

COGS = 35 x $79 = $2,765
Inventory balance = 17 x $79 = $1,343

November 15 Purchase 27 units at $83

November 20 Sale 25 units

COGS = (17 x $79) + (3 x $83) = $1,592
Inventory balance = (24 x $83) = $1,992

November 24 Sale 13 units

COGS = 13 x $83 = $1,079
Inventory balance = 11 x $83 = $913

November 30 Purchase 39 units at $86

Inventory balance = $913 + (39 x $86) = $4,267

6 0

2 years ago