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Olin [163]
3 years ago
5

If during 2009, the country of Sildavia recorded a GDP of $65 billion, interest payments of $15 billion, imports of $13 billion,

profits of $7 billion, exports of $15 billion, and rent of $7 billion, wages during 2009 in Sildavida were:___________.
Business
1 answer:
Maslowich3 years ago
8 0

Answer:

36 billion

Explanation:

The GDP can be calculated using the income approach in which the output of a country is equal to the total income people receive in that country.

GDP= Compensation of employees + Net interest + Rental income + Corporate profits

From this formula, you can isolate the compensation of employees:

Compensation of employees= GDP-Net interest - Rental income - Corporate profits

Compensation of employees= $65-$15-$7-$7

Compensation of employees= $65-$29

Compensation of employees= $36

The wages during 2009 in Sildavida were: $36 billion.

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Metlock Company took a physical inventory on December 31 and determined that goods costing $185,000 were on hand. Not included i
Paha777 [63]

Answer:

$229,890

Explanation:

The formula to compute the ending inventory is shown below:

= Cost of inventory + goods purchased from f.o.b. shipping point + goods sold at f.o.b. destination

= $185,000 + $24,080 + $20,810

= $229,890

We added the goods purchased and goods sold to the cost of inventory so that the accurate value of the ending inventory can come.

6 0
3 years ago
Utility gained with each individual unit of a good that you purchase is called ______________. (select the best answer.) select
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<span>Utility gained with each individual unit of a good that you purchase is called </span>a. marginal utility

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3 years ago
When ethan suspended brittany for two months without pay for violating the company's code of conduct, he was exercising ______ p
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He is exercising coercive power. Coercive power<span> is the ability to influence someone's decision making by taking something away as punishment or threatening punishment if the person does not follow instructions. It can be a severe way to get staff members to follow along with a company plan, but it can be necessary in some cases.</span>
3 0
3 years ago
Northern Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,
dedylja [7]

Answer:

Borrowed amount of $2,500

Explanation:

The computation is shown below;

The Total available balance is

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= $12,000 + $30,000 - $34,500

= $7,500

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= $10,000 - $7500

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3 0
2 years ago
An employee earned $4,600 in February working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,4
Aneli [31]

Answer:

Net Pay $3094.10 is the answer.

Explanation:

Gross pay $4600

Less: Social Security (4600*6.2%) 285.20

Less: FICA (4600*1.45%) 66.70

Less: Federal tax withheld 644

Less: contribution for health insurance 50

Less: contribution for retirement plan (4600*10%) 460

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5 0
2 years ago
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