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3 years ago

Which goods would be included in the calculation of GDP

1 answer:

7 0

The simplest way to explain it is that the GDP includes all of the goods that have been produced in a specific time frame, usually one year. The GDP is measured for each country separately, though it can also be measured by organization, region, etc. To be more specific, the final goods that the GDP includes in it include all of the public and private consumption, investments, construction costs, government outlays, additions to private inventories, as well as the foreign trade balance. The GDP is often used to describe a country's economy and the living standard, but it is far from the best measure for those things.

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Hayes Bakery has sales of $30,600, costs of $15,350, an addition to retained earnings of $4,221, dividends paid of $469, interes

scZoUnD [109]

Answer:

$8,013

Explanation:

The computation of the amount of the depreciation expense is shown below:

The net income is

= An addition to retained earnings + cash dividend paid

= $4,221 + $469

= $4,690

Now the earning before tax

= (Net income) ÷ (1 - tax rate)

= ($4,690) ÷(1 - 0.21)

= $5,937

Now the earning before tax and interest is

= $5,937 + $1,300

= $7,237

So, the depreciation expense is

= $30,600 - $15,350 - $7,237

= $8,013

8 0

3 years ago

: Jane and Sarah are both investors. Jane has invested thousands of dollars into one small company. Sarah has invested hundreds

Alja [10]

Answer:

Sarah has invested in sole proprietorship while Jane has invested in corporations

Explanation:

Sole proprietorship is owned and run by a single owner who is legally obligated for all business assets and liabilities. Since Sarah has invested thousands of dollars in one company, it looks like she has invested in sole proprietorship in which she is the owner.

Corporation is run by group of people who are not legally obligated for the assets and liabilities of the corporation. People can invest in more than one corporation as they are open for public offer. These investors earn dividends based on the earnings earned by the corporations So, possibly Jane has invested hundreds of dollars in different large companies.

7 0

3 years ago

The NYSE is an example of a(n) _______________ exchange while NASDAQ is an example of a(an) __________________ market. Organized

Lilit [14]

Considering the functions and operations of the organizations, The NYSE is an example of a(n) Organized exchange while NASDAQ is an example of a(an) Over the Counter market.

NYSE is an acronym for the New York Stock Exchange. It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.

On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market

Hence, in this case, it is concluded that the correct answer is option A. "Organized; over-the-counter."

Learn more here: brainly.com/question/21993468

7 0

3 years ago

a list of accounts and their balances after all adjustments have been made and posted to the general ledger is known as the g

s2008m [1.1K]

Answer:

Adjusted trial balance

Explanation:

8 0

3 years ago

Which best describes the role of financial planning?

4vir4ik [10]

Which best describes the role of financial planning? Allow someone to have fewer economic obstacles. A financial plan is important to have because it allows someone to be best set up for the future. A financial plan allows you to predict your future cash flows, asset values and save for unfortunate events. Those who actively participate in financial planning tend to overcome the fewer economic obstacles thrown their way.

7 0

3 years ago

Read 2 more answers