Answer and Explanation:
The preparation of the operating activities section is presented below:
Cash flows from operating activities
Net income $374,000
Adjustments made
Add: Depreciation $44,000
add: Amortisation expanses $7,200
Add: Accounts receivable decrease $17,100
Add: Inventory decrease $42,000
Less: Prepaid expense increase -$4,700
Less: Accounts payable decrease -$8,200
Add: Wages payable increases $1,200
Less: Gain on sale of machinery -$6,000
Net cash provided by operating activities $466,600
Answer:
A. Included in GDP under government expenditures
B. Not included in GDP
C. Included in GDP under consumption expenditures
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Gross domestic product can be calculated using the expenditure approach:
GDP = Consumption spending on both durable and non durable goods and services + business spending on cqpital goods + Government Spending on public goods and services + Net Export
Items not included in the calculation of GDP are :
1. Transfer payments
2. Illegal activities
3. Purchase of shares
4. Intermediate goods
I hope my answer helps you
By multiplying the two-week interest rate (0.052) by the number of interest periods in the year (in this case, 52/2, or 26), one can determine the yearly interest rate. The result of multiplying 26 by 0.052 is 1.352, or an annual interest rate of 135.2%.
<h3>What is annual interest?</h3>
The term "annual interest rate" refers to the interest rate that is imposed year-round. Among other time periods, interest rates may be imposed on a monthly, quarterly, or biennial basis. However, interest rates are typically annualized.
For instance, the effective yearly interest rate for a loan with a stated interest rate of 30% and monthly compounding would be 34.48%. Banks often promote the 30% advertised interest rate rather than the 34.48% effective interest rate.
To learn more about annual interest from the given link:
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The market mechanism benefits society by ensuring that: <span>scarce resources are channeled into products most desired by society
Market mechanism determines which products stays or go by relying purely on the force of supply and demand. If the products are desired by the customers, the producer will always keep up with the demand in order to rake in the potential profit.</span>