Answer:
Finished goods inventory final balance= 12, 495
Explanation:
PRODUCTION COST COMPONENTS
- Direct materials 12,385
- Direct work 10,600
- Lease and utilities 9,600
TOTAL PRODUCTION COST = 32,585
TOTAL UNITS PRODUCED = 6,650
UNIT COST= (Total Production Cost / Total Units Produced) = 32,585 / 6,650 = 4.9
FINAL GOODS INVENTORY = (Total Units Produced – Total Units Sales) = 6,650 – 4,100 = 2,250
FINAL GOODS INVENTORY AMOUNT = (Final goods Inventory * Unit Cost) = 2,250 * 4.9 = 12,495
Because the choices of consumers influence producers and the choices of producers also influence consumers, the free-market has a circular flow of influences. The circular flow model represent the monetary transactions in an economy that follows a specific pattern: Production → Income → Expenditure → Production. <span> </span>
Answer:
See below
Explanation:
In order to restore any reduction in loan basis, only the net increase is applied in line with section 1367(b)(Adjustment to basis of stocks of shareholders).
What this means is that there is no net increase regarding the information given above I.e ($11,000 - $15,000).
We can safely conclude that there is $11,000 tax free income since the stock basis has been increased by $11,000. There is also a $4,000 capital gain.
What we are looking for is the Debt-GDP ratio in percentage.
In economics, the debt-to-GDP ratio is the ratio in the middle of a country's
government debt (a cumulative amount) and its gross domestic product (GDP) that
is measured in years.
Solution: This ratio is calculated as (350 / 14500) x 100 =
0.02414 x 100 = 2.4 (rounded to one decimal place). The deficit is 2.4% of GDP.
The extra money you pay back is called interest.
I hope this helps!