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3 years ago

What economic activities are not included in GDP?

1 answer:

5 0

1. Illegal and unreported economic activity: While goods such as illegal drugs, gambling, and prostitution are sold in markets, the transactions are hidden for obvious reasons.

2. Home production and bartered goods/services: If cash doesn't change hands, the transaction will not be included in GDP. One of the somewhat misleading aspects of GDP is that whether certain things are included depends not on the nature of the good or service, but whether it was (openly) exchanged for cash.

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According to the __________, companies go through long, simple periods of environmental stability, followed by short, complex pe

valina [46]

I really don’t know sorry for this answer

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3 years ago

Major Manuscripts, Inc., is currently operating at 70 percent of capacity. All costs and net working capital vary directly with

bagirrra123 [75]

The attached data is required to answer the question

Answer:

$535

Explanation:

In this scenario we need to calculate the additional debt required by Major Manuscript

We expect an increase of 10% of sales

Therefore

Total assets projected = 9,420 * 1.10 = $10,362

Accounts payable projected = 2,200 * 1.10 = $2,420

Current long term debt = $260

Current common stock = $2,400

Retained earnings projected = 4,560 +{(360 - 190) * 1.10} = $4,747

Additional debt required = 10,362 - 2,420 - 260 - 2,400 - 4,747

Additional debt required = $535

6 0

3 years ago

Which of the following concepts requires that economic data be recorded in dollars in the United States?

s344n2d4d5 [400]

Answer:

Unit of measure concept

Explanation:

The definition for a unit of measure refers to a common principle used throughout accounting, whereby all activities should be reported uniformly using the same currency. For instance, a business that holds its documents in just the U.S. will report its whole dealings in U.S. dollars, whereas a German company will report all its payments in euros.

If a transaction includes transactions or transfers in another currency, the sum is translated until being registered to the domestic currency utilized by an entity. Without a specific standard unit, financial reports will be impossible to generate.

4 0

3 years ago

Read 2 more answers

The employees of an organization have heard rumors about rapidly dropping profits and impending layoffs. The grapevine is abuzz

Karolina [17]

Answer:

A. neutralize the rumor by openly confirming any parts that may be true.

Explanation:

Here are the options to this question:

A. neutralize the rumor by openly confirming any parts that may be true.

B. restrict the length of breaks taken by the employees.

C. closely monitor each employee's activities in the office.

D. fire employees found spreading false stories.

E. block all forms of electronic communication in the office.

I hope my answer helps you

3 0

3 years ago

Following is Stanley Black & Decker’s income statement for 2016 (in millions): STANLEY BLACK & DECKER, INC. Income State

LekaFEV [45]

Answer:

Gross profit Margin 37.41%

Explanation:

The gross profit margin is the quotient between the gross profit and the sales:

$\frac{gross \: profit}{sales} = $gross profit margin$

$\frac{11,406.9 - 7,139.7}{11,406.9} =\\\frac{4,267.2}{11,406.9}$

Gross profit Margin 0,374089 = 37.41%

4 0

3 years ago