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yKpoI14uk [10]
3 years ago
9

In the treatment of U.S. exports and imports, national income accountants _____. rev: 04_09_2018 Multiple Choice subtract export

s but add imports in calculating GDP subtract both exports and imports in calculating GDP add both exports and imports in calculating GDP add exports but subtract imports in calculating GDP
Business
1 answer:
pogonyaev3 years ago
6 0

Answer:

The correct answer is: add exports but subtract imports in calculating GDP.

Explanation:

National income refers to the production of goods and services by the residents of a nation within the geographical boundaries of a nation in a given period.

In the calculation of national income, net exports are included. This net export is the difference between exports and imports. In other words, we can say that exports are added and imports are included.

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What three ways can music be transmitted?​
denis-greek [22]

Answer:

Oral/aural transmission. To begin with, pieces of music could only be passed orally from one person to the next. ...

Manuscripts. ...

Printing and publishing. ...

Recording.

4 0
3 years ago
The Valenti Company uses flexible budgeting for cost control. Valenti produced 10,800 units of product during October, incurring
Alex Ar [27]

Answer:

$500 favorable

Explanation:

Given;

Number of units produced  = 10,800 units

Actual indirect material costs = $13,000

Reflected indirect material costs for 144,000 units  = $180,000

Now,

Per unit reflected indirect material costs = $180,000 ÷ 144,000

= $1.25 per unit

Therefore,

Budgeted indirect material cost for actual units produced

= $1.25 × 10,800

= $13,500

since,

the budgeted cost for indirect material cost for actual units produced is more than the actual indirect material cost, therefore

the indirect material costs in October is favorable

amount = Budgeted cost - Actual cost

= $13,500 - $13,000 = $500 favorable

5 0
3 years ago
Pat sells land for $25,000 cash and a $75,000 5-year note. If her basis in the property is $30,000 and she receives only the $25
LuckyWell [14K]

Answer:

$17,500

Explanation:

Calculation of Pat's taxable gain in the year of sale using the installment sales method :

First step is to add up Land + Cash

$75,000+$25,000

=$100,000

Second step

([$100,000-$30,000)/$100,000]*$25,000

=($70,000/100,000)*$25,000

Hence:

0.7*$25,000

=$17,500

Therefore Pat's taxable gain in the year of sale using the installment sales method will be $17,500

8 0
4 years ago
Which of the following is not an exemption for following the disclosure requirements under the Federal Privacy Act? a. Congress
DedPeter [7]

Answer:

The correct answer is (C)

Explanation:

Medical records do not come under the federal privacy act. A patient or a guardian can file a proper request for medical records and after proper identification medical records are released. The request should be a written application or signed by the patient himself. Congress, sec stock trading and FBI investigation are all exempted from federal privacy act.

7 0
3 years ago
Lewis company has $25,000 in retained earnings, $40,000 in assets, and $11,000 in liabilities. how much is in common stock?
Nimfa-mama [501]
<span>BASIC FORMULAE IS ASSETS -(LIABILITIES +COMMON STOCK)=RETAINED EARNINGS SO, BY SUBSTITUTION 40000-(11000+COMMON STOCK)=25000 THUS COMMON STOCK 4000</span>
6 0
4 years ago
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