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3 years ago

Why is it important to compute real GDP?

Business

1 answer:

levacccp [35]3 years ago

3 0

Answer:

C. To find out if there is a change in the actual number of goods, services, and structures produced from one year to the next

Explanation:

Real GDP calculates the monetary value of all goods and services that a country produce within one year after adjusting it to inflation or deflation.

Knowing Real GDP often used as a measurement to find out the economic growth of a country. If the Real GDP is increased, it indicates that the people in that country become more productive and it is most likely that their disposable income is also increased.

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Marigold Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is avai

Mars2501 [29]

Answer:

Marigold Company

Cost of goods sold = $9,119

Ending inventory = $7,461

Explanation:

a) Data and Calculations:

Units Unit Cost Total Cost

April 1 inventory 250 $14 $ 3,500

April 15 purchase 420 17 7,140

April 23 purchase 330 18 5,940

Total 1,000 $16,580

Weighted-average costs $16.58

Sales 550

Cost of goods sold = 550 * $16.58 = $9,119

Ending inventory = 450 * $16.58 = $7,461

b) The first computation is for the total cost of goods available, which is then divided by the total units available for sale. This gives the weighted-average cost per unit. This unit cost is then multiplied with the units of ending inventory and sales to obtain the cost of the ending inventory and the cost of goods sold, respectively.

8 0

3 years ago

Priscilla decides to order a delivery from the local sandwich shop. Her order comes to $12. 74 and there is a $2. 30 delivery ch

DochEvi [55]

Debit is the amount of the money paid or owed, it can either raise the asset amount or can reduce the equity balances. It can also be referred to as the amount spent as an expense from the account.

$ 16.95 is the total debit amount.

<h3>How to calculate Priscilla's debit?</h3>

Given,

Price of the order = $12.74
Delivery charge = $2. 30

Step 1: The 15% of the total price of the order excluding delivery will be:

$\begin{aligned}15\% &= \dfrac{\rm X}{\$12.74} \times 100\\
\\
\rm X &= \dfrac{\$12.74 \times 15}{100}\\
\\
& = \$1.91\end{aligned}$

Step 2: Add the total price of the order, delivery charge and tip.

$\$12.74 + \$ 2.30 + \$ 1.91 = \$16.95$

Therefore, option c. $ 16.95 is the expected debit from her account.

Learn more about debit here:

brainly.com/question/3591182

4 0

2 years ago

In the context of factors that influence the motivation to learn, when an organization seeks to convince employees that they can

BabaBlast [244]

Answer:

D. The Self-efficacy of employees.

Explanation:

Self-efficacy refers to what you believe about yourself, rather than how you truly are. An employee with low self-efficacy runs the risk of performing tasks below her actual ability level because she believes she can only perform to that level, and she may not recognize her aptitude to do the work.

Organizational leaders and performance managers use the term self-efficacy to describe an individuals' belief in their own ability to successfully complete a task. ... All employees should be assigned tasks that are the best possible fit for their knowledge, skills, and abilities.

5 0

4 years ago

Read 2 more answers

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

considering a project that is equally as risky as the firm's current operations. The firm has a cost of equity of 15.4 percent a

Svetllana [295]

Answer:

$9230.70

Explanation:

Debt ratio = Debt equity ratio / (Debt equity ratio+1) = 0.46/(0.46+1) = 0.46/1.46

Equity ratio = 1/(Debt equity ratio+1) = 1/(0.46+1) = 1/1.46

WACC = 15.4%×1/1.46+8.9%×(1-21%)×0.46/1.46 = 12.76%

Net present value = 20000/(1+12.76%) + 30000/(1+12.76%)^2 + 40000/(1+12.76%)^3 - 60000 = $9230.70

3 0

3 years ago