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butalik [34]
3 years ago
6

Does a rising GDP benefit everyone? Explain

Business
1 answer:
Nastasia [14]3 years ago
3 0

Answer:When a country's GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. However, increase in GDP does not necessarily increase the prosperity of each and every income class of the nation.

Explanation:

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If a radio station holds an online contest in which you must log in to its website and submit personal details such as name, pho
Agata [3.3K]

Answer: has offered an exchange

Explanation: In the given case, the radio station has been organizing a contest, thus, whoever win such contest will receive something in return. Thus, we can conclude that the registration formalities fixed by the radio station is an offer for exchange.

As in an offer of exchange process, both the parties on different ends receive something.

4 0
3 years ago
Calculate (a) the accounts receivable period, (b) accounts payable period, (c) inventory period, and (d) cash cycle for the foll
lora16 [44]

Answer:

a. Accounts receivable period:

=  Accounts receivable turnover ratio * 365 days

= (Average accounts receivable / Sales) * 365

= (110 / 5,000) * 365

= 8.0 days

b. Accounts Payable period:

= Accounts payable turnover ratio * 365

= (Average accounts payable / Cost of goods sold) * 365

= (270 / 4,200) * 365

= 23.5 days

c. Inventory period:

= Inventory turnover ratio * 365

=  (Average inventory / Cost of goods sold) * 365

= (550 / 4,200) * 365

= 47.8 days

d. Cash cycle:

= Inventory period + Accounts receivables period - Accounts payable period

= 47.8 + 8 - 23.5

= 32.3 days

3 0
2 years ago
In order for "limit pricing" to be effective, the firm practicing such a strategy must be able to charge a price that is:_______
pentagon [3]

In order for "limit pricing" to be effective, the firm practising such a strategy must be able to charge a price that is lower than the potential entrant's ATC but greater than the firm's own ATC.

Explanation:

A pricing strategy is a level where products are sold by a supplier at an expense that is cheap enough to make the market unprofitable for others. Monopolies use it in order to discourage market entry and in many cases it is illegal.

It is not able to sustain a monopolistic-ally profitable firm where P = MC and growth, with a long-run balance, generates an efficiency that approaches the minimum possible in an ATC business. Profit so long as potential customers can not enter the market.

5 0
3 years ago
At the end of the closing process, Income Summary will hold a balance.
Ray Of Light [21]

Answer:

False. Have a Good day I hope this helps

Explanation:

3 0
2 years ago
Your company builds cars in Texas. You purchase metal from a company in Wisconsin. You are part of the _________ segment of the
kramer

Answer:

You are part of the internal segment of the supply chain, and the metal company is part of the upstream supply chain.

The internal supply chain relates to processes within the company, and the upstream supply chain refers to the supply of raw materials and other input to be made into output in the company.

If a car-building company in Texas imports steel from Wisconsin, then, the providers in Wisconsin are the upstream supply chain.

4 0
2 years ago
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