Answer:
$405,000
Explanation:
The computation of the ending inventory reported is shown below:
Inventory on December 31,2018 $325,000
Add: Goods purchased from a vendor i.e shipping point $30,000
Add: Goods sold FOB destination to customer $38,000
Add: consignment by Brecht Inc $12,000
Ending inventory reported $405,000
In the above cases, the added items indicates the ownership is transferred to buyer , received by buyer and remains with the buyer
<u>Answer:</u>
<em>Cloud nine, by caryl churchill, and the laramie project, by moises kaufman, are examples of a contemporary trend in Political Sense.</em>
<u>Explanation:</u>
What is most exceptional about <em>Caryl Churchill's time traveling</em> satire Cloud Nine is that this insightful play about sexual legislative issues and restraint is <em>presently 36 years of age</em>, however it could have been composed for the current year.
Still a <em>difficult sex bowing play,</em> it asks us how far we think we have originated from the Victorians in our <em>dispositions about sex and character.</em>
Answer:
D
Explanation:
A statement of the basic purpose that makes the organization different from others.
Answer:
not included
consumption
consumption
government spending
consumption
business spending
business spending
consumption and inventory (consumption increases and business inventory reduces)
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
6. transfer payments
Answer:
$ 2,621.28
Explanation:
The simple interest I=P*R*T
P is the principal amount of $11,000
R is the simple interest rate of 6%
T is the number of years the interest relates to
I=$11,000*6%*11=$7260
Compound interest:
FV=PV*(1+r)^n
FV is the amount of the deposit in eleventh year
PV is the amount deposited which is $11,000
r is the rate of return of 6%
n is eleven years
FV=$11000*(1+6%)^11=$ 20,881.28
I=FV-PV= 20,881.28-11,000=$ 9,881.28
Difference between interest earned=$9,881.28-$
7260
=$ 2,621.28
