Answer:
The options are not correct:
Dr costs of good sold $15,800
Cr inventory $15,800
Explanation:
The 4,400 units sold consist of the 2,400 units purchased on 1 January at $4.00 per unit and the balance of 2,000 units from the purchase made on January 12 at $3.10 per unit
cost of goods sold=(2,400*$4)+(2,000*$3.10)=$15,800
The cost of goods sold is $15,800 ,neither is it $11,900 nor $11,800
The appropriate entries is to debit costs of good sold with $15,800 while merchandise inventory is credited with $15,800
Answer:
a. $7,100
b. -$6,400
c. -$13,500
d. -$13,500
Explanation:
The computation is shown below:-
a. Net income
Net income = Cash interest
= $7,100
b. Comprehensive Income = Net Income - unrealized holding loss
= $7,100 - $13,500
= -$6,400
c. Other Comprehensive Income = unrealized holding loss
= -$13,500
d. Accumulated other comprehensive income:
Ending Balance of other comprehensive income = Beginning Balance + During this year
= $0 + (-$13,500)
= -$13,500
Answer:
The correct answer is $19 trillion
Explanation:
Gross Domestic Product (GDP) is the total market or monetary value of all the goods and services produced by a country within its borders over a given period of time. It is used as a measure of a country's economic health, due to its broad coverage.
The formula for calculating GDP is: GD
P = C + I + G + (
X − M
)
where :
C = private consumption (consumer goods)
I = gross investments (investment goods)
G = government investments or government spending (govt. services)
X = export
M = import
Therefore:
GDP (in trillion) = 10 + 4 + 6 + (4 - 6) = 10 + 10 - 1 = $19 trillion dollars.
Please note that there is the nominal GDP and real GDP.
Nominal GDP is the total value of all the final goods and services a country produces within a year, while real GDP is the value of the goods and services produced within a year, putting inflation effects into account.
Answer:
The answer to the question would be C
Explanation:
Without a doubt, the economic crisis has changed the way consumers approach the market for goods and services. In this new era, austerity, discounts and the search in different channels of the best price / benefit ratio dominate.
Of course, technology and the Internet are the best allies of the consumer who wants to be informed: thanks to smartphones, bar scanners, social networks or websites that compare prices or offer discounts, we are the buyers with more prior information on what we want or need to acquire.
Answer: Yes, I agree with Graeter’s decision to stop franchising?.
Explanation:
Graeter’s decision to stop franchising was simply to maintain the quality of their products.
If I was in his position, I'll also like to maintain our products quality. It is vital to keep the family business while also following the laid down principles by those before me. Hence, I agree with his decision.
