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STatiana [176]
3 years ago
12

High income countries with larger governments as a share of gdp have generally

Business
1 answer:
Scorpion4ik [409]3 years ago
5 0

Answer: High income countries with larger governments as a share of GDP have generally grown at a slower rate than the countries with smaller governments.

Explanation: Developing countries or countries with less money typically grow at a faster rate than higher income countries because returns related to capital are not as strong. In richer countries, they have higher capital and tend to grow at a slower rate.

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Blue Spruce Corp. reported net income of $377000 for the year. During the year, accounts receivable increased by $27000, account
Alla [95]

Answer:

The correct solution is "$397000".

Explanation:

Given:

Net income,

= $377000

Depreciation,

= $59000

Accounts receivable increase,

= $27000

Accounts payable decreased,

= $12000

Now,

From operating activities, the cash flow will be:

= Net \ income+ Depreciation-Account \ receivable \ increase-Accounts \ payable \ decreaseBy putting the values, we get

= 377000 + 59000 - 27000 - 12000

= 397000 ($)

3 0
3 years ago
How much would $100, growing at 5% per year, be worth after 75 years?a. $3,689.11b. $3,883.27c. $4,077.43d. $4,281.30e. $4,495.3
Radda [10]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

How much would $100, growing at 5% per year, be worth after 75 years?

We need to use the following formula to calculate the final value.

FV= PV*(1+i)^n

FV= 100*(1+0.05)^75

FV= $3,883.27

6 0
3 years ago
Justify the effectiveness of the informal sector
larisa86 [58]
When we say informal sectors, these are organizations that are excused from being taxed or monitored by the government. In this sector, their activities are not part of the <span>gross national product and gross domestic product. Although this kind of economy has some negative impact for some, it can be effective and also helpful in providing jobs especially for the poor ones.</span>
7 0
3 years ago
Harms Shoe Company applies manufacturing overhead based on the number of units as the cost driver. Information concerning costs
Rashid [163]

Answer:

The $64.20 is the unit product cost.

Explanation:

For computing the units produced for 1000 units, first we have to compute the total cost which is equals to

= Direct labor cost + direct material cost + manufacturing overhead

where,

Direct labor cost = labor hours × rate per hour

= 800 × $14

= $11,200

And. the manufacturing overhead = $8,000

Direct material = $45,000

Now put these values on the above equation

So,

Total units = $11,200 + $8,000 + $45,000

                 = $64,200

So the unit product cost  is equals to

= Total cost ÷ number of units produced

= $64,200 ÷ 1,000

= $64.20

Hence, $64.20 is the unit product cost.

5 0
3 years ago
(Prepared from a situation suggested by Professor John W. Hardy.) Lone Star Meat Packers is a major processor of beef and other
Serga [27]

Answer:

The financial advantage (disadvantage) from further processing is $0.40.

Explanation:

Compute the financial advantage (disadvantage) of further processing of T-bone into filet mignon and New York cut steaks using the equation as shown below:

Financial advantage = Total sales from further processing −

Sale revenue lost of one T−bone −  Cost of further processing

=$8.90−$7.95−$0.55

=$0.40

​  

<h3>Hence, the financial advantage (disadvantage) of further processing of T-bone into filet mignon and New York cut steaks is $0.40. </h3>

Working Notes:

Compute the total sales from further processing using the equation as shown below:

Sales from further processing =  One Fileted Mignon +  New York Cut

=$4.50+$4.40

=$8.90

​  

Hence, the total sale from further processing is $8.90.

Compute the Sales revenue from one fileted mignon after further processing using the equation as shown below:

One Fileted Migon = (Selling price per filet mignon×Yeild per ounce / Size of one T−bone steak )

=  $12×6 ounce  / 16 ounce

​=$4.50

​  

Hence, the sales revenue from one fileted mignon after further processing is $4.50.

Compute the Sales revenue from one New York cut after further processing using the equation as shown below:

New York cut = (Selling price per New York cut × Yeild per ounce  / Size of one T−bone steak )

= $8.8×8ounce  / 16 ounce  

=$4.40

​

3 0
3 years ago
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