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Ivenika [448]
3 years ago
7

Consider the following data to answer the following questions: Country GDP Population A $32,000 1,500 B $20,000 1,000 C $10,000

500 D $10,000 2,000 E $8,000 800 Although countries C and D have the same level of gross domestic product (GDP), country C has a level of per capita GDP that is ________ times that of country D.
Business
1 answer:
polet [3.4K]3 years ago
4 0

Answer: 4 times

Explanation:

GDP per capita is a way of measuring the wealth Distribution in a country. It is calculated by dividing the Gross Domestic Product by the population of the country. The aim usually is to see if the Country's economy is big enough considering the amount of people it has.

Country C has a GDP per capita of,

= 10,000/500

= $20

Country D has a GDP per capita of,

= 10,000/2,000

= $5

= 20/5

= 4

Country C has a GDP per capita that is 4 times that of C.

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Wasilko Corporation produces and sells one product The budgeted selling price per unit is $114. Budgeted unit sales for February
mr_godi [17]

Answer: $21,080

Explanation:

First calculate the contribution margin per unit

= Sales - Variable costs

= Selling price - Raw materials - Direct labor cost - Manufacturing overhead - Variable selling and administrative expense

= 114 - (6 * 4) - (2.4 * 24) - (9 * 2.4) - 1.60

= $9.20

The Contribution margin is:

= 9.20 * 9,900 units

= $91,080

Net operating income = Contribution margin - fixed cost

= 91,080 - 70,000

= $21,080

5 0
2 years ago
A city levies property taxes of $500,000 for its General Fund for a year and expects to collect all except the estimated uncolle
Aneli [31]

Answer:

The city should record General Fund revenue of $494,500

Explanation:

500 000 -55000= 494 500

This is realised revenue

7 0
3 years ago
Example 1: Your manager enters your office with receipts from a restaurant and bar and asks for reimbursement. The manager claim
mrs_skeptik [129]

Immedietly stop processing and tell the manager

7 0
3 years ago
The continuous falling price level is called inflation.<br> True or false?
Anton [14]

Answer:

True

Explanation:

When it start failling it is still true.

6 0
3 years ago
Taylor Equipment Repair Service is owned by Jason Taylor. Cash $ 33,700 Supplies 5,780 Accounts Receivable 12,600 Equipment 77,4
kumpel [21]

Answer:

Owners Equity/Net Worth is $106,080

<u>Explanation:</u>

<u>Assets</u>

Cash                             $33,700

Supplies                       $5,780

Accounts Receivable  $12,600

Equipment                    <u>$77,400</u>

Total Assets                 <u>$129,480</u>

<u>Liabilities</u>

Accounts Payable                 $23,400

<em>Owners Equity (Balance)    </em><u><em>$106,080</em></u>

Total Liabilities and Equity    <u>$129,480</u>

4 0
3 years ago
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