Answer:
Merchandise inventory is classified on the balance sheet as a current asset.
Explanation:
Merchandise inventory refers to the price of products that are available for sale and they are classified as a current asset.
Current assets are the cash and the other assets that can be turn into cash within a year, like inventory as there is a good opportunity that the products are sold in that period which makes inventory to be included in the current assets on the balance sheet.
$12,500,000,000/$62,500 = 200,000,000
What Is the GDP Per Capita?
A country's economic output is broken down by its per-capita gross domestic product (GDP), which is derived by dividing the GDP by the population.
By dividing a country's GDP by its population, the per capita GDP may be used to measure a nation's economic production per person.
Economists use it along with GDP to examine a country's prosperity based on its economic growth. It is a global indicator of a country's level of prosperity. It is frequently evaluated alongside GDP, enabling economists to compare the productivity of different nations. The analysis of the global per capita GDP offers information on the health and trends of the world economy. The greatest per capita GDPs are typically found in small, wealthy countries and more advanced industrialized nations.
A comparative understanding of economic prosperity and global economic advancements can be gained by analyzing GDP per capita on a global scale. The per capita calculation takes into account both GDP and population. Therefore, the highest GDP per capita may or may not be found in the highest GDP countries.
To lean more about GDP Per Capita from the given link.
brainly.com/question/18414212
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Note:
I wasn't able to access the Chester Income Statement but I successfully accessed a similar question Digby.
The Complete Question is as under:
Refer to the HR Reports in the Inquirer. Through past investments in recruiting and training Digby has obtained a productivity index of 109.6%. This means that Digby's labor costs would be increased by 9.6% if it did not have these productivity improvements. This is a competitive advantage that Digby can sustain or even widen further if its competitors have no HR initiatives. Now, refer to the Income Statement in Digby's Annual Report. How much did Digby's productivity improvements save it in direct labor costs (in thousands) last year?
A. $766
B. $29818
C. $3137
D. $3211
Answer:
Option D. $3,137
Explanation:
The Productivity Index of 9.6% shows that if the improvement plan is implemented then the efficiency gains would result in saving of 9.6% of total direct cost. So if we total the direct cost for the year for all of the four products then we have an amount of $32,680 which is given at the second last column.
The amount saved last year would be:
Savings = $32,680 * 9.6% = $3,137
Hence the option C is correct here.
Answer: normal /upward sloping
Explanation:
The yield curve is a curve that shows the relationship that exist between interest rate and time to maturity. According to the expectation theory, it is stated that the yield curve will be upward sloping when there's increase in inflationary expectations.
The slope of the yield curve helps in giving a clue to know the direction of future interest rates. It should be noted that an upward sloping curve means that there is an expectation of higher interest rates in the future.
Therefore, when investors expect inflation to increase over the next 20 years and the maturity risk premium to increase over the next 5 years, the general yield curve will be upward sloping.
