Answer:
a.Expenditure on new plants, equipment, and residential construction, plus changes in business inventories.
Explanation:
Gross investment is the punt that is invested in a business without considering depreciation cost. When depreciation is removed we get net investment.
Investment can be in fixed assets (such as new plants, equipment, and residential construction) or on variable assets (such as inventory or working capital).
Gross income is the total amount invested in fixed and variable aspects of the business.
Answer:
33.33%
Explanation:
Given:
Sales revenue = $360,000
Cost of goods sold = $240,000
Net income = $53,000
Now,
the gross profit = Sales revenue - Cost of goods sold
or
The gross profit = $360,000 - $240,000 = $120,000
Thus,
the company's gross profit ratio = 
or
The company's gross profit ratio = 
or
The company's gross profit ratio = 33.33%
Gross Rating point is a standard measure that is used to measure the impact of advertising.
It can be calculated using the following rule:
GRP = % of the target market * exposure frequency
We are given that:
% of target market = 60
exposure frequency = 4
Substitute with the givens in the above equation to get the GRP as follows:
GRP = 60*4 = 240 = 2.4%
Answer:
The journal entry for the issuance of the common stock is shown below:
Explanation:
Cash A/c.............................................Dr $33,000
Common Stock A/c........................Cr $30
Paid in Capital A/c...........................Cr $32,970
Working Notes:
Cash = Number of shares × Issue Price
= 3,000 × $11
= $33,000
Common Stock = Number of Shares × Par Value
= 3,000 × $0.01
= $30
Paid in Capital = Cash - Common stock
= $33,000 - 30
= $32,970
Answer:
explain how a command economista diferrs fron
