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
never [62]
3 years ago
6

In both Gamma and Delta average labor productivity is $20,000 per worker per year. The population of Gamma is 200,000 and the po

pulation of Delta is 400,000. Sixty percent of the population in each country is employed. Total output in Gamma is _____ and total output in Delta is _____.
Business
1 answer:
cupoosta [38]3 years ago
8 0

Answer:

Total output in Gamma is $2,400,000,000 and total output in Delta is $4,800,000,000.

Explanation:

The population of Gamma is 200,000 and the population of Delta is 400,000. Sixty percent of the population in each country is employed.

The number of worker in Gamma = 60% x 200,000 = 120,000 people

The number of worker in Delta = 60% x 400,000 = 240,000 people

Total output = Average labor productivity x The number of worker

Total output in Gamma = $20,000 x 120,000 = $2,400,000,000

Total output in Delta = $20,000 x 240,000 = $4,800,000,000

You might be interested in
AC Corporation has beginning inventory of $9,049, accounts payable of $7,212, and accounts receivable of $6,333. The end of year
labwork [276]

Answer:

The AC Corporation takes 46 Days average to pay back its accounts payable.

Explanation:

Average Accounts Payable = $7863.5

Cost of Goods Sold = $63,008

Number of Days in Accounting Period = 365

Days Payable Outstanding = (Average Accounts Payable / Cost of Goods Sold) x Number of Days in Accounting Period

Days Payable Outstanding = ($7,863.5 / $63,008) x 365

Days Payable Outstanding = 45.55

Therefor, the company takes an average of 46 days to pay back its accounts payable.

3 0
3 years ago
What was the major difficulty for the athletes?
valina [46]

Answer:

injuries

Explanation:

because

4 0
2 years ago
Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $13,800 ($1,150/month) in advance
tigry1 [53]

Answer:

1.

Dec 31    Rent expense                   $3450 Dr

                  Prepaid Rent                       $3450 Cr

2.

Oct 1     Prepaid Rent                        $13800 Dr

                  Cash                                       $13800 Cr

3.

Year end balances at 31 December:

Rent Expense = $3450

Prepaid Rent = $10350

Explanation:

Assumption: The year end for the business in on 31 December.

1.

The rent is paid in advance thus it is an asset. On 31 December the adjusting entry will be made under the accrual principle to match the current period's rent expense and record it in the period to which it belongs to. Thus we will credit the rent expense for 3 months i.e. October, November and December. We will credit the asset account that is Prepaid Rent.

2.

The prepayment of rent is creating an asset account in the title of prepaid rent. The entry would be to record the asset prepaid rent by the full amount of the rent prepaid and credit the other asset account through which the payment is being made.

3.

The adjusted year end balance for rent expense will be the rent expense paid for this period that is $1150 * 3 = 3450

The balance in the prepaid rent account after adjusting the rent expense will be,

Prepaid rent = 13800 - 3450 = $10350

8 0
3 years ago
What legal action can be taken against a bully in the workplace?
guapka [62]
The employer can be sued
5 0
3 years ago
True/False: The most accurate method to calculate the amounts in a budget is to apply a specific percentage of increase or decre
Dafna11 [192]

Answer: The Answer is False

Explanation: Your welcome :)

7 0
2 years ago
Read 2 more answers
Other questions:
  • During 2017, the gateway city government recorded a $15,000 transfer from the general fund to an internal service fund; a $25,00
    5·1 answer
  • true or false for the best control of both the accelerator and brake pedals rest the heel of your foot on the floor??
    7·2 answers
  • The balance in the j.​ higgins, withdrawals account was. the entry to close the account would include​ a:
    11·1 answer
  • Galvin has deposited $879 in a savings account that earns interest at a rate of 1.8% compounded quarterly.what will the account
    12·1 answer
  • Masterson Company's budgeted production calls for 68,000 units in April and 64,000 units in May of a key raw material that costs
    5·1 answer
  • Snap Dragon Photo reported the following figures on its December 31, 2016, income statement and balance sheet:Net Sales $440,000
    7·1 answer
  • For a bank, when a person deposits money into the bank, this: a creates a liability and an asset for the bank. b creates a liabi
    12·1 answer
  • A university conducts a survey of students, which shows that a 10 percent tuition hike would lead to a 7 percent decrease in the
    10·1 answer
  • What is installment debt?
    10·2 answers
  • On December 1, 2021, Coronado Industries exchanged 48000 shares of its $10 par value common stock held in treasury for a used ma
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!