1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
taurus [48]
3 years ago
12

In 2008, the value of the stocks listed on the New York Stock Exchange decreased tremendously. As a direct result:

Business
1 answer:
frutty [35]3 years ago
3 0

Answer: 2). Neither U.S. GDP nor U.S. GNP were affected.

Explanation: Gross Domestic Product (GDP) is the total monetary value of all the final goods and services produced in a country during its financial year.

Gross National Product (GNP) on the otherhand is broad measure of the value of all finished goods and services produced in a country in one year by its nationals.

Both GDP and GNP measure goods and services and not financial assets such as shares. Hence, financial assets do NOT contribute to the GDP or GNP of any nation.

You might be interested in
In the reconciliation of the June bank statement, a deposit made on June 30 did not appear on the June bank statement. In prepar
scoundrel [369]

Answer:

b. added to the unadjusted bank balance.

Explanation:

in the given case since the deposit is made as on June 30 and does not appear in the bank statement so while preparing the bank reconciliation the deposit in transit should be added to the non-adjusted bank balance as the bank did not received these deposits yet

But in the case of the company it already received it

hence, the correct option is b.

6 0
3 years ago
Tool Makers, Inc. make garden rakes extremely well and of the best quality in the industry. Their rakes are difficult to copy, a
Naddik [55]

Answer:

competitive advantage.

Explanation:

Competitive advantage -

It refers to the strategy , by which a company is capable to generate the same or similar goods and services , in avery lower price or in a manner , which can not be copied by anyone , is referred to as a competitive advantage .

The strategy makes the company profitable and better than other companies , and have a upper hand over other companies .

And these companies give a tough competition to the other companies , by their goods and services .

Hence , from the given scenario of the question ,

The correct term is competitive advantage .

5 0
4 years ago
If Company XYZ sells $1,000,000 in assets to pay down $1,000,000 in debt, what impact would this have on the company’s debt to t
ivann1987 [24]

Answer:

B) It would decrease

Explanation:

Suppose that Company XYZ assets before the sale of assets were $2,000,000 and is total debts were $1,500,000. The debt to asset ratio before the sale of assets were:

Debt/Asset ratio=$1,500,000/$2,000,000=0.75

Now the Company XYZ has decided to sell the the assets worth $1,000,000 to pay Debts so the assets now will become $1,000,0000 while the Debts now will become $500,000 and accordingly the debt to asset ratio will be calculated as follows:

Debt/Asset ratio=$500,000/1,000,000=0.50

So based on the above discussion, the answer shall be B) It would decrease

4 0
3 years ago
most executives believe that they and their firms behave in an ethical manner and that it is in their best interests to do so. h
Artist 52 [7]

The firm’s ethical conduct increases its long-term profitability as the ethical corporate behavior reduces unnecessary legal expenses and the need to pay fines.

Profitability is a measure of an agency's earnings relative to its expenses. companies that can be extra green will understand more income as a percent of their prices than a less-efficient employer, which must spend extra to generate equal earnings.

Examples consist of return on assets, go back on fairness, cash return on assets, return on debt, return on retained earnings, return on sales, threat-adjusted go back, go back on invested capital, and go back on capital employed.

In simple phrases, an enterprise's profitability is the volume to which its overall earnings exceed its overall expenses for any given duration. Profitability is an accounting concept this is occasionally known as net earnings or internet earnings.

Learn more about profitability here brainly.com/question/1078746

#SPJ4

4 0
2 years ago
Radoski Corporation's bonds make an annual coupon interest payment of 7.35% every year. The bonds have a par value of $1,000, a
gtnhenbr [62]

Answer:

YTM = 0.6940%

Explanation:

THe Yield to Maturity (YTM) is the return that you expect from the bond if you held the bond till maturity.

The formula would go as:

YTM = \frac{F}{P}^{\frac{1}{n}} -1

Where

F is the face value, or par value

P is the current price

n is the time period, maturity period

Given,

F = 1000

P = 920

n = 12, we have:

YTM = \frac{F}{P}^{\frac{1}{n}} -1 = \frac{1000}{920}^{\frac{1}{12}} -1=0.006972

Thus, the yield to maturity would be:

YTM = 0.6940%

5 0
3 years ago
Other questions:
  • In the current year, Tanager Corporation (a calendar year C corporation) had operating income of $480,000 and operating expenses
    8·1 answer
  • Kellen orders 1,000 pounds of strawberries from Lucy so he can make his famous strawberry sundaes at his ice cream store. Lucy s
    10·1 answer
  • If the fed believes the economy is about to fall into​ recession, it should
    12·1 answer
  • DeMarcus has been general manager of the Surf and Turf Club restaurant for many years and always schedules extra staff for the b
    11·1 answer
  • g Jack and Jill borrow $21,000 at 7.2% amortized over 6 years to drill a well and renovate their kitchen and bathrooms. Assuming
    15·1 answer
  • Chapter 13 is often prefer to chapter 7 by debtors because
    9·1 answer
  • A Starbucks franchise receives a shipment consisting of coffee beans and coffee cups - materials that the store will need in ord
    13·1 answer
  • Oil producers expect that oil prices next year will be higher than oil prices this year. As a result, oil producers are most lik
    11·1 answer
  • "In evaluating a recently implemented positioning strategy, a company s marketing department notes that since the strategy was p
    13·1 answer
  • In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!