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4 years ago

How does a country’s GPD help you determine if it’s economy is strong or weak

Business

1 answer:

umka2103 [35]4 years ago

3 0

Answer:

The Gross Domestic Product index determines the value of the aggregate production of any given country in a period. countries with highs GDP should have a better economy that countries with low GDP, however, to determine if the economy is strong or weak you must compare the GDP among different countries.

Explanation:

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The ACT is a standardized test administered to high school students and used to determine college admissions. The test is offere

algol [13]

Answer:

Explanation:

Makes the most sense considering the scenario.

7 0

3 years ago

Pina Colada Corp. receives $180,000 when it issues a $180,000, 9%, mortgage note payable to finance the construction of a buildi

Luba_88 [7]

Answer and Explanation:

The Journal entry is shown below:-

Dec 2019 Cash Dr, $180,000

To Mortgage Payable $180,000

(Being mortgage loan taken is recorded)

Dec 2020 Interest expenses Dr,$16,200

Mortgage Payable Dr, $13,800

To Cash $30,000

(Being first installment payment is recorded)

Dec 2021 Interest expenses Dr,$14,742

Mortgage Payable Dr, $15,258

To Cash $30,000

(Being second installment payment is recorded)

Working note:-

For 2020 Interest expenses = $180,000 × 9%

= $16,200

Mortgage payable = $30,000 - $16,200

= $13,800

For 2021 Interest expenses = ($180,000 - $16,200) × 9%

= $14,742

Mortgage payable = $30,000 - $14,742

= $15,258

4 0

3 years ago

Leary Corporation had net credit sales during the year of $1,200,000 and cost of goods sold of $720,000. The balance in accounts

Bumek [7]

Answer:

Accounts Receivable Turnover = 8.0 Times

Explanation:

given data

net credit sales = $1,200,000

cost of goods sold = $720,000

accounts receivable beginning = $120,000

accounts receivable ending = $180,000

to find out

What was the accounts receivable turnover

solution

we get here accounts Receivable Turnover that is express as

Accounts Receivable Turnover = Net Credit Sales ÷ Average Accounts Receivable .................1

here Average Accounts Receivable is = Opening Accounts Receivable + Closing Accounts Receivable .................2

Average Accounts Receivable = $\frac{$1,20,000+$1,80,000}{2}$

Average Accounts Receivable = $1,50,000

so put value in equation 1

Accounts Receivable Turnover = $\frac{12,00,000}{1,50,000}$

Accounts Receivable Turnover = 8.0 Times

4 0

3 years ago

Railway Cabooses just paid its annual dividend of $3.30 per share. The company has been reducing the dividends by 12.1 percent e

kupik [55]

Answer:

If the required rate of return is 14 percent, the price I am willing to pay is 11.113

Explanation:

To calculate what you are willing to pay today to purchase stock in this company if your required rate of return is 14 percent, you have to use the following formula.

Po = D1 / (k-g)

Po = purchase price

D1 = Dividend in paid in next year

k = required rate of return

g= growth rate

Po = (3.30 (1-0.121)) / (0.14-(-0.121))

Po = 2.9007/ 0.261

Po= 11.113.

5 0

4 years ago

The existence of conflict has a positive side which can stimulate the following EXCEPT FOR:_________.

DedPeter [7]

Answer:

B) complacency.

Explanation:

Conflict can be defined as a state of misunderstanding or disagreement between two or more parties, as a result of breakdown in decision making. It is usually caused by factors such as dissent of beliefs, opinions, needs, values, resources, attitudes, ideologies, goals etc. It is generally perceived that conflict usually has a negative consequence.

However, the existence of conflict has a positive side which can stimulate the following innovation, change, creativity but not complacency because it connotes a negative effect of unsatisfaction.

7 0

3 years ago