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3 years ago

The developing economies' share of the global gross domestic product (GDP) from 2003 to 2017 is shown in the following table.

1 answer:

3 0

The quadratic function that best models the developing economies' share of the global GDP as a function of the number of years

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The consumer price index is the:

Dmitry [639]

Answer:

B. cost of a market basket of goods and services typically consumed in the current period.

5 0

3 years ago

Read 2 more answers

Which of the following statements about credit scores is TRUE? A Credit scores reflect how likely individuals are to repay their

alex41 [277]

I believe it would be D. all of the above

6 0

2 years ago

Match each word with the phrase: diversification- the period of time after people end their working careers, guaranteed- to prom

Sveta_85 [38]

Answer:

*Diversification => The practice of putting money into more than one kind of investment

*Guarantee => To promise and deliver a future result

*Return => The money earned on an investment in a certain period of time

*Liquidity => The ability to quickly convert something into cash

*Retirement => The period of time after people end their working careers

Explanation:

1. Diversification is the act of investing resources into different areas or sectors of an economy. For example, a company that produces mainly clothing and textile materials can decide to diversify by investing in other areas like agriculture or food processing.

2. Guarantee is usually the ability of a company to promise, for example, certain qualities of a product to the consumers, and also matching the promise with the actual fulfillment of what was promised to the consumers.

3. Return: for example, if I invest $5000 on a restaurant business, and after like 12 months, the money generated on the money invested is my returns.

4. Liquidity: for example, if I have harvested cash crops, and I need money immediately, I can easily generate cash by selling them. The ease at which an asset can be converted to cash is what is termed liquidity.

5. Retirement: virtually all careers have a set time when their employees are due for retirment. The period when one leaves a career officially, after spending a certain period of years in service, is what is termed retirement.

3 0

3 years ago

Jackson Products produces a barbeque sauce using three departments: Cooking, Mixing, and Bottling. In the Cooking Department, al

iVinArrow [24]

Answer:

Physical Flow units 105000 ounces

FIFO Equivalent Units = Materials 85000 and Conversion 86000 ounces

Explanation:

Jackson Products

Physical flow Schedule

For the month of July.

Units to account For

BWIP 60 % complete 10,000

Units Started 95000

Total units to account for 105000

Units accounted For

Units completed and Transferred out 80,000

BWIP 10000

EWIP 15000

Total Units accounted For 105,000

Jackson Products

Equivalent Units Schedule

For the month of July.

Particulars Units % OF Completion Equivalent Units 

 Materials Conversion Materials Conversion

Units Started &

Completed 100 100 80000 80000

EWIP 100 80 15000 12000

Less Beg. WIP 100 60 10,000 6000

Total Equivalent Units 85000 86000

The difference between Weighted and FIFO Equivalent units is that FIFO accounts only for the current units . Thus the beginning inventory is deducted from the Total of completed and ending units.

Explanation:

4 0

3 years ago

Berkshire Inc. uses a periodic inventory system. At the end of 2020, it missed counting some inventory items, resulting in an in

grandymaker [24]

Answer:

Assets understated by $660,000, liabilities understated by $198,000, and shareholders' equity understated by $462,000

Explanation:

Calculation to determine the effect of this error on Berkshire's December 31, 2020 balance sheet

BERKSHIRE'S December 31, 2020 balance sheet

Assets=$660,000 Understated

Liabilities=$198,000 Understated

Shareholders' equity = $462,000 Understated

($660,000-$198,000)

Therefore the effect of this error on Berkshire's December 31, 2020 balance sheet will be:

Assets understated by $660,000, Liabilities understated by $198,000, and Shareholders' equity understated by $462,000

7 0

3 years ago