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raketka [301]
4 years ago
10

When other factors such as health and illiteracy rates are added to global comparisons of GDP and population, which of the follo

wing is likely to be revealed?
A. rough comparisons between regions as data are not available
B. very wide differences in the standard of living
C. 2% of the world's GDP comes from agriculture in low-income countries
D. the similarity in the low degree of urbanization
Business
1 answer:
Andru [333]4 years ago
5 0

Answer:

The answer is B. very wide differences in the standard of living

Explanation:

Economists use Gross Domestic Product (GDP) which is the final value of all goods and services produced within a country during a given period of time, usually a year as the ultimate yardstick for measuring and ranking countries' wealth, standard of living and/or illiteracy level.

And GDP per capita measures a country's economic output per person. It is by dividing the GDP of a country by its total population. Countries with the highest value are known to have a high standard of living, better health care and high literacy level and vice-versa.

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Answer:

(A) Chance

Explanation:

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3 years ago
Warren corporation purchased a truck at a cost of $60,000. It has an estimated useful life of five years and estimated residual
s344n2d4d5 [400]

Answer:

What is the amount of depreciation that warren should record for year 3 under the straight-line depreciation method? $15500

Explanation:

Net Value Dep. year End Net value.

Year 1 55000 12000          43000

Year 2 43000 12000          31000

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6 0
3 years ago
What is the market value of a stock that paid a dividend of $3.80 last year if the dividend is increasing at 10% annually and th
Papessa [141]

Answer:

The market value of the stock is $41.8

Explanation:

Div 1 = Div 0 (1+r)

=3.80 (1+0.10)

=3.80(1.10)

=4.18

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= 4.18 / 0.2 - 0.1

= 4.18 / 0.1

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The market value of the stock is $41.8

7 0
3 years ago
Harvard Financial Services purchased computers that are to be used in its consultancy services. Based on the matching principle,
gladu [14]

Answer:

c. Accumulated Depreciation

Explanation:

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When a fixed asset is purchased, it is recognized at cost. As it is used, it is depreciated by debiting the depreciation expense in the income statement and crediting the accumulated depreciation in the balance sheet.

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6 0
4 years ago
How is the balance sheet used to record amortization and why might it be useful as coupon payments are made?
MrMuchimi

Answer:

An intangible asset's annual amortization expense reduces its value on the balance sheet, which reduces the amount of total assets in the assets section of the balance sheet. This occurs until the end of the intangible asset's useful life.

Explanation:

4 0
3 years ago
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