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3 years ago

Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.

Business

1 answer:

uranmaximum [27]3 years ago

6 0

Answer and Explanation:

As we know that

Gross domestic product = Consumption + Investment + Government purchase + Net exports

where,

Net exports = Exports - imports

a. Uncle Paul pays a domestic contractor to have his house renovated. = Consumption

b. Aunt Jane buys a new house from a nearby building firm. = Investment

c. You buy chocolate from Belgium in a box. = Consumption & net exports

d. Ford is making a Focus and marketing it to Avis, the car rental company. = Investment

To fix a leak in your bathroom you pay a domestic plumber. = Consumption

e. Ford is selling a Mustang to the Martinez family from its inventory. = Consumption and investment

f. California is hiring people to repave Highway 101. = Government purchase

g. The Federal government is sending a Social Security check to your grandmother. The same is not involved in GDP as it has transfer payment

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3 years ago

Emma, Inc. reacquired 166,326 of its shares at $22 per share as treasury stock. Last year, for the first time, Emma sold 37,992

Lesechka [4]

Answer:

The correct answer is $152,949.

Explanation:

According to the scenario, the given data are as follows:

Reacquired shares = 166,326

Per share price = $22

So, we can calculate the retained earning decline by using following formula:

Retained earning decline = Cost of Treasury shares - Sales price - Paid in Capital from stock

Where, Cost of treasury shares = 48,987 × $22 = $1,077,714

Now Sales Price = 48,987 × $15 = $734,805

and Paid in Capital from stock = 37,992 × ( $27 - $22) = $189,960

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6 0

3 years ago

What is the best business organization for annabeth’s new company?

Rudik [331]

Answer: A Corporation, because she will need financing to get started.

Explanation:

As Annabeth would like to buy a factory to begin making the parts, she would would need a huge cash outlay to get started. By starting a Corporation, she can raise cash easier from the shareholders as well as utilize the knowledge and expertise of others who will join the company to help her in areas she might not be well versed in such as in Accounting or business administration.

Another reason a Corporation would be better is because of the realization of her longer term plans. A Corporation is more likely to expand in the the future which will enable Annabeth realize her dreams of selling to Europe and South America. Indeed, she has a better chance of achieving that sooner rather than later.

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3 years ago

Read 2 more answers

What is the difference between limited liability and unlimited liability

SOVA2 [1]

Answer:

Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.

Explanation:

5 0

3 years ago

A= The amount of tangible assets contributed by the new partner into the partnership

Dafna1 [17]

Answer:

B. C = D

Explanation:

C= Total Capital of the partnership before the admission of a new partner

D= Total capital of the partnership after the admission of the new partner

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The partnership will only credit the new partner and debit the seller partner by the amount they agree on.

The partnership received no assets and therefore his capital remains at same value.

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3 years ago