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3 years ago

Which of the following is included in the investment component of GDP? a. households’ purchases of newly constructed homes.

Business

1 answer:

Anni [7]3 years ago

4 0

Answer:

"D" is the correct answer.

All of these.

Explanation:

NOTE: in this question, options part is missing, The option for the following question is :

b. Additions to business stock

c. firms' buy of equipment

d. All of the above

Gross Domestic Product is the overall financial or retail value of all completed production of goods and services in a specific period within a country.

formula to calculate GDP is as follow

GDP = C + I + G + NX

where C stands for Private consumption.

I stands for investment

G stands for government consummation

NX for net export (total export - total import)

GDP use to calculate countries total gross production during a particular year.

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All of Gaylord Company's sales are on account. Thirty-five percent of the credit sales are collected in the month of sale, 45% i

Airida [17]

Answer: d. $51,000

Explanation:

In March the following will be collected as per the method of collection for Gaylord Company.

1. 35% of sales in March

2. 45% of sales in February

3. 100% - 35% - 45% = 20% of sales in January.

= (35% * 40,000) + (45% * 60,000) + (20% * 50,000)

= 14,000 + 27,000 + 10,000

= $51,000

I have attached the missing part of the question.

6 0

4 years ago

Gundy Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected to range from 73,600 to 1

SCORPION-xisa [38]

Monthly Flexible Manufacturing Budget

For the Year 2017

Activity level

Finished units 73,600 96,200 118,800

Variable costs

Direct materials($3) $220,800 $288,600 $356,400

Direct labor($6) $441,600 $577,200 $712,800

Overhead($9) $662,400 $865,800 $1,069,200

Total variable costs $1,324,800 $1,731,600 $2,138,400

Fixed cost

Depreciation[($6 * 1,299,600) 12] $649,800 $649,800 $649,800

Supervision[($2 * 1,299,600) / 12] $216,600 $216,600 $216,600

Total fixed costs $866,400 $866,400 $866,400

Total costs $2,191,200 $2,598,000 $3,004,800

See similar solution here

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5 0

3 years ago

Clarion Corp. invested cash in a 6-month certificate of deposit (CD) on November 1, 2015. If Clarion Corp. has an accounting per

Ira Lisetskai [31]

Answer:

A is the correct option

Explanation:

Revenue or income is recognized based on accrual concept of accounting where revenue or income is recognized when earned and expenses when incurred not when received or paid in cash.

As a result,on the 31st December Clarion Corp. has earned two months' interest on the 6-month certificate of deposit as it has invested for two months.

The correct option is A,Clarion recognizes interest revenue on 31st December ,2015 only.

It is also important to note that the since 2015 came to end the fraction of interest revenue relating to year 2015 needs to be recognized by debiting accrued income account and crediting investment on the face of the income statement

5 0

3 years ago

Daniel’s family exports custom cowboy hats to Australia and Brazil. Would a “stronger” dollar be helpful to their business?

grandymaker [24]

Answer:

I would have to say A. Yes

Explanation:

If they have a stronger dollar that doesn't drop in value quickly then they can keep on accepting that currency reliably.

5 0

3 years ago

Read 2 more answers

Supplied goods costing

aivan3 [116]

Answer:

Dr Mohan account 627

Cr Sales 627

Explanation:

Preparation of Journal entry

If the amount of RS. 600 is the goods costing that was supplied to mohan in which the issued invoice is 10% above cost with a 5% discounts the First step will be to calculate the Invoice price.

Calculation of the invoice price

Invoice price=[600+10%*600)+[5%*(600+10%*600)]

Invoice price=(600+60)-[5%*(600+60)]

Invoice price=660-(5%*660)

Invoice price=660-33

Invoice price=627

Now let prepare the Journal entry

Dr Mohan account 627

Cr Sales 627

(Being to record good sold to Mohan)

7 0

3 years ago