Answer:
c. $155,000
Explanation:
The computation of the ending balance of salaries payable is shown below:
= Beginning balance of salaries payable + salary expense - payment made during the year
= $75,000 + $80,000 + $0
= $155,000
By applying the above formula, we can determined the ending balance of salaries payable and the same is to be considered
hence, the correct option is c.
Answer:
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Nominal GDP is GDP calculated using current year prices.
If nominal GDP increases, it can be as a result of an increase in price level or an increase in output
for example,
In economy A, price in year 1 is 10 and price in year 2 is 20. Output in both years is 20
Nominal GDP in year 1 = (10 X 20) = 200
Nominal GDP in year 2 = (20 X 20) = 400
It can be seen that nominal GDP increased even though output did not increase
Assume that in economy B, price in year 1 and 2 is 10. Output in year 1 is 100 and output in year 2 is 200
Nominal GDP in year 1 = (10 x 100) = 1000
Nominal GDP in year 2 = (10 x 200) = 2000
Increase in nominal GDP in this economy is as a result of an increase in output
The duplex home would be a wise investment because one will pay only half the taxes since you only live in half the house.
<h3>What is a duplex home?</h3>
Basically, the duplex house means a residential building that is constructed on two floors.
Building a duplexes is a great investments because the single property has two rentable units in one package.
Hence, the duplex home would be a wise investment because one will pay only half the taxes since you only live in half the house.
Therefore, the Option A is correct.
Read more about duplex home
<em>brainly.com/question/400943</em>
Answer:
A
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
To determine which country has a better technology in production, the opportunity cost has to be calculated. The country with the lower opportunity cost has the better technology
At point B for North Cantina:
The opportunity cost of producing one 4 units of capital good = 10/4 = 2.5 units of consumer goods
The opportunity cost of producing 10 units of consumer good = 4/10 = 0.4 units of capital goods
At point B for South Cantina
The opportunity cost of producing one 4 units of capital good = 8/4 = 2units of consumer goods
The opportunity cost of producing 8 units of consumer good = 4/8 = 0.5 units of capital goods
South Cantina has a lower opportunity cost in the production of capital goods while North Cantina has a lower opportunity cost in the production of consumer goods
Answer: 1.09
Explanation:
Coefficient of Variation (CoV) is calculated by the formula;
=
The Variance is given. Standard Deviation is;
= √Variance
= √0.02468
= 0.15709869509
Coefficient of Variation is therefore;
=
= 1.09096316037
= 1.09