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3 years ago

Gross Domestic Product (GDP) includes _____ goods and services.

2 answers:

5 0

Gross Domestic Product (GDP) includes last year's goods and services. GDP, gross domestic product, shows the value of a market basked on the monetary measure. This measure is found by taking the final value of all goods and services over a set period of time.

Elena L [17]3 years ago

3 0

Last year's goods and services.

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The XYZ Chemical Company must ship 9,500 gallons of pesticides from its plant in Cincinnati, Ohio, to a customer in Columbia, Mi

never [62]

Answer:

Henderson = $1,200

Central States = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

Explanation:

The question is to do an evaluation of the costs of use Henderson Bulk Trucking Company or the Central States Railroad

Step 1) Determine the cost of using Henderson

What is the cost per tank truck = $600

What is the capacity in gallons = 700 galloons

However, since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of 2 trucks from Henderson as follows

The cost of Henderson Bulk Trucking = $600 x 2 = $1,200

Step 2) Determine the cost of using Central Railroad

What is the cost per tank truck = $1000

What is the capacity in gallons = 23,500 galloons

since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of only one of the trucks

The cost of Central Roilroad= $1000 x 1 = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

3 0

3 years ago

What is the moral hazard problem?a. The problem that managers of a financial firm will take on riskier investments because they

s344n2d4d5 [400]

Moral Hazard occurs when a person increases its exposure to risk because someone else bears the the cost of those risk(Insurance companies)

Explanation:

Moral Hazard usually occurs when their is information asymmetry,the risk taking party has more information than the risk incurring party.

The financial crisis of 2008 is the best example of the Moral Hazard Problem.

The Moral Hazard Problem arises because the managers of the financial firm took over riskier investments because they believed that the federal government will save them from the bankruptcy.

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3 years ago

What is the main advantage for businesses that participate in the globalized market?

Likurg_2 [28]

Answer:

A is your answer

Explanation:

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8 0

2 years ago

Read 2 more answers

The discounts lost account is used under the ___ method for inventory. multiple choice question. periodic gross perpetual net

maxonik [38]

The discount lost account is used under the net method for inventory.

<h3><u>What is discount?</u></h3>

When a security is trading for less than its intrinsic or basic value, it is said to be trading at a discount in the world of finance and investment.
When a bond's price is trading below its par value, or face value, in the fixed-income market, a discount is present.
The extent of the discount is equal to the difference between the price paid for a security and its par value.
Bonds may trade at a discount for a variety of reasons, such as rising interest rates, problems with the underlying company's credit, or riskiness when compared to comparable bonds.

The discount rate, an interest rate used to calculate the time worth of money, should not be confused with a discount.

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1 year ago

The three methods used to classify costs into their fixed and variable components includes:.

ANTONII [103]

The three methods used to classify costs into their fixed and variable components include:

scatter diagrams
high-low method
regression analysis

<h3>What is a costs classification?</h3>

This refers to the process of separation of a group of expenses into different categories which are used to bring an management's attention certain costs that are considered more crucial than others, or to engage in financial modeling.

Often time, the purpose of cost classification is to allows the manager control processes and cut costs where needed or send more resources to an area of the process that is lacking.

Furthermore, the cost classification also allows the manage to review reports and advise accounting of needed adjustments in cost classification.

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1 year ago