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Mazyrski [523]
3 years ago
13

Which of the following will be considered a final good in the calculation of U.S.​ GDP? ​(Check all that apply​.) A. Transmissio

ns manufactured in Alabama for Ford's range of Upper F minus series pickup trucks. B. School supplies purchased by a local school board. C. Canned foods purchased by a grocery store. D. Foot massages at spas in California.
Business
1 answer:
timama [110]3 years ago
8 0

Answer:

A. Transmissions manufactured in Alabama for Ford's range of Upper F minus series pickup trucks. B. School supplies purchased by a local school board.

Explanation:

The remaining two options are not considered in the calculation because GDP concerns the consumption of final goods by the public. C. Canned foods purchased by a grocery store. Here a store is the buyer, not a public consumption. D. Foot massages at spas in California. Here massages are not classified as a product.

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Laws Corporation is considering the purchase of a machine costing $16,000. Estimated cash savings from using the new machine are
Stella [2.4K]

Answer:

14%

Explanation:

Let IRR from machine be represented with i

Now, $4,120 * Cumulative PV factor (i, 6 periods) = $16,000

Cumulative PV factor (i, 6 periods) = $16,000 / $4,120

Cumulative PV factor (i, 6 periods) = 3.883

Now, we refer to PV factor table, the PV Factor (3.883) falls nearest to i =14%. (See proof in the attached table as attached below)

So therefore, IRR = 14%

So, the machine's internal rate of return is closest to 14%.

5 0
3 years ago
Which of the following is the most important competitive factor in determining a company's ability to secure contracts to supply
Bogdan [553]

The company's price offer is the most important competitive factor in determining a company's ability to secure contracts to supply private-label footwear to large multi-outlet retailers of athletic footwear in a particular geographic region.

The S/Q ratings of both branded and private-label footwear manufactured at each production plant can be raised through TQM/Six Sigma quality control systems and best practices training.

Five things affect the S/Q rating: The following factors should be taken into account: (1) current-year spending per footwear model for new features and styling; (2) the percentage of superior materials used; (3) current-year expenditures for Total Quality Management (TQM) and/or Six Sigma quality control programs; (4) cumulative expenditures for TQM/Six Sigma quality control efforts (to reflect learning and experience curve effects); and (5) current-year and cumulative expenditures to train employees in using the best practices to assemble athletic footwear.

Know more about S/Q ratings click:

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7 0
1 year ago
The demand curve faced by a nondiscriminating pure monopoly is _____.
seraphim [82]

Answer: The same as the industry's demand curve

Explanation:

 The demand curve faced by a non discriminating pure monopoly is same as the industry demand curve as, the monopoly facing the demand curve of the industry in the form of the downward sloping demand curve so that the monopolist increased its output demand. A non discriminating monopolist determined the demand curved and ultimately determined the price which are willing for pay.  

7 0
3 years ago
The Red Wolf Society, a nongovernmental not-for-profit organization, receives numerous contributed hours from volunteers during
Allushta [10]

Answer:

$1,600

Explanation:

Revenue is recognized as and when the <em>control</em> of a good or service is transferred to the customer.

Total Hours = 10 hours × 8 weeks

                    = 80 hours

Use the <em>rate of pay at the utility office</em> to determine the contribution revenue for Red Wolf Society

Revenue = 80 hours × $20 per hour

               = $1,600

4 0
3 years ago
You're 35 years old now, and you want to purchase life insurance which will cover your spouse for your lost income in the event
Korvikt [17]

Answer:

c. 30-year term policy

Explanation:

If I am 35 years old now, and want to purchase life insurance which will cover my spouse for my lost income in the event of your death; and if I want this policy to last until what would be your normal retirement age of 65.

Based on the given information, the best policy to buy is a 30-year term policy because logically that adds up as 30 + 35 = 65 years.

A 30-year term policy means the policy expires 30 years after it began.  Generally, a 30-year term is the maximum length of coverage offered, and is usually available to those within the ages 18 to 50.

6 0
3 years ago
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