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3 years ago

Which of the following events would cause GDP for 2019 to increase?

Business

1 answer:

Dominik [7]3 years ago

4 0

Answer:

C In May 2019James buys a 2019 Honda Accord .

Explanation:

GDP refers to a country's monetary value of all the finished goods and services produced in a particular year. GDP incorporates the value of products and services produced within the country's boundaries regardless of who produced them.

Economists calculate GDP for a particular year by considering only the finished goods or services in that year. They calculate GDP using either the income, expenditure or the production approach. In any of the approaches, only the Honda produced and sold in 2019 will add to the GDP of 2019. The products that were finished in 2018 were accounted for in GDP for 2018.

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The following information is available for Windsor Inc. for the year ended December 31, 2017:_______.

Lapatulllka [165]

Answer:

Requirement

Prepare Income statement

Calculate the per share of common stock

Windsor Inc.

Income statement for the year ended December 31, 2017

Sales $3,775,000

Less: Cost of goods sold $1,648,000

Gross profit $2,127,000

Operating expenses

Selling expenses $876,000

Administrative expenses $507000

Total operative expenses $1,383,000

Operative income $744,000

Other revenues and (expenses):

Rent revenue $98000

Gain on sale of equipment $31000

Interest expenses ($57,000) $72,000

Income before income taxes $816,000

Income tax applicable to continuing $297,000

operations

income from continuing operations $519,000

Discontinued operations:

Loss on discontinued operations ($66000)

Income tax applicable to loss on ($23,000)

discontinued operations

Total discontinued operations $89,000

Income before extraordinary item $430,000

Extraordinary item:

Loss on write-down of inventory ($37000)

Income after extraordinary item $393,000

Other comprehensive income:

Unrealized gain on available-for-sale securities $27,000

Comprehensive Income $420,000

EPS = Net Income of a company / Outstanding Shares

EPS = $420,000/200,000

EPS = $2.1 per share

4 0

4 years ago

Making small talk at a meeting is a bad idea because ______.

faltersainse [42]

Making small talk at a meeting is a bad idea because it wastes a tremendous amount of time. Correct answer: B It is critical to ensure that meetings are well-organized, planned, and beneficial to the participants. The less time spent in meetings, the more productive and revenue-generating employees can be. Making small talk will only decrease the effcient time for the meeting.

7 0

3 years ago

Read 2 more answers

The following information pertains to Guillotine Corporation: Beginning inventory 1,000 units Ending inventory 6,000 units Direc

Free_Kalibri [48]

Answer:

Value of the ending inventory=$600,000

Option A is correct ($600,000)

Explanation:

Given Data:

Ending inventory=6,000 units

Direct labor per unit =$40

Direct materials per unit=$20

Variable overhead per unit =$10

Fixed overhead per unit=$30

Required:

Value of the ending inventory=?

Solution:

Value of the ending inventory=(Direct labor per unit+Direct materials per unit+Variable overhead per unit + Fixed overhead per unit)*Ending inventory

Value of the ending inventory=($40+$20+$10+$30)*6000

Value of the ending inventory=$100*6000

Value of the ending inventory=$600,000

Option A is correct ($600,000)

7 0

4 years ago

Suppose the price of barley increases by 16.53%. If breweries buy 3.28% less barley after the price increase, the total revenue

disa [49]

Suppose the price of barley increases by 16.53%. If breweries buy 3.28% less barley after the price increase, the total revenue for barley producers will increase because the price effect is greater than the quantity effect.

Explanation:

Every company must sooner or later come to the point that an rise in the price is right.

Inflation has two primary causes: demand tug and expense drive.

Both have a general raise in costs in an economy. However, they work otherwise. Conditions of market pull arise as customer demand raises costs.

Consumers are now increasing the demand on the good for some quantity, and suppliers would need to offer a better price in order to deliver the good.

8 0

4 years ago

INTERVIEW a business owner on the crisis experienced in the workplace attach an interview schedule as part of your oral presenta

Katena32 [7]

Interview helps to select the best fit for a Job.

<h3>What is interview?</h3>

Interview is usually an interactive sessions between an intending employee and the human resources personnel.

The sessions is to know if the individual is the best fit for a job.

Therefore, Interview helps to select the best fit for a Job.

Learn more on interview here,

brainly.com/question/25609130

#SPJ1

4 0

3 years ago