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ki77a [65]
3 years ago
9

National income accountants can avoid multiple counting by1. only counting intermediate goods. 2. only counting final goods.3. i

ncluding transfer payments in their calculations.4. counting both intermediate and final goods.
Business
1 answer:
lubasha [3.4K]3 years ago
4 0

Answer:

2. Only counting final goods

Explanation:

When defining national income accounting and terminolgies, emphasis is always laid on "...total value of FINAL goods...". This is as a result of avoiding double counting. If intermediate goods were counted alongside final goods, it would be double counting because intermediate goods are used in producing those final goods. Final goods are good meant for final consumption. The other method used in avoiding double counting ( counting of the value of the same product more than once) apart from counting final gooda is Value added approach.

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kirill [66]

At the time, the United States was the greatest importer in the world.

<h3>What is import?</h3>

A product or service that was created in another nation but was purchased in one is an import. The two pillars of international trade are imports and exports.

When indigenous industries are unable to provide comparable goods and services at a reasonable cost or with sufficient

A nation's trade balance, commonly referred to as its trade deficit, is negative if the value of its imports exceeds the value of its exports.

Since 1975, there has been a trade deficit in the US. According to the U.S. Census Bureau, the deficit was $576.86 billion in 2019.

Learn more about imports, from:

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5 0
1 year ago
Billing inc., has net income of $161000, a profit margin of 7.6 percent, and an accounts recievable balance of $127100. Assume t
xz_007 [3.2K]

Answer:

Days' sales in receivables = 33.2 days

Explanation:

<em>Days sales receivables is the average length of time it takes a business to collect the amount owing in respect of credit sales transaction. The shorter the days, the better.</em>

Receivable days = Average receivables /Credit sales × 365 days

Net Income = Profit margin × Sales

Let "y" represent total sales

161,000 = 7.6% ×  y

y = 161,000/7.6%= 2,118,421.053

Credit sales = 66%× total sales

                      = 66%×2,118,421.053  =  1,398,158  

Days' sales in receivables = 127100/ 1,398,158  × 365 days =33.18 days

Days' sales in receivables = 33.2 days

     

5 0
3 years ago
Ann and Bob form Robin Corporation. Ann transfers property worth $420,000 (basis of $150,000) for 70 shares in Robin Corporation
amm1812

Answer:

Explanation:

a. . What gain or income, if any, will the parties recognize on the transfer?

It should be noted that a gain or a loss will not be recognized when a property is being transferred to a company in order for the said property to be exchange for a stock. Therefore, none of the parties that are involved will get any gain or income.

b. What basis do Ann and Bob have in the stock in Robin Corporation?

Based on the question, Ann will have a basis of $150,000 while Bob will get ($30,000 + $15,000) = $45,000 in the stock in Robin Corporation.

c. What is Robin Corporation's basis in the property and services it received from Ann and Bob?

Robin Corporation's basis in the property and services it received from Ann and Bob is a value of $150,000 for the assets of Ann and $30,000 for Bob's asset.

5 0
3 years ago
Assume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $73
iren2701 [21]

Answer:

r= .0901, or 9.01%

Explanation:

N=18, PV=73,000, FV=345,000, I=? 9

Therefore:

V = PV(1 +r)t

= (FV/PV)1/t– 1

r= ($345,000/$73,000)1/18– 1

r= .0901, or 9.01%

The annual rate of interest the person must earn on the investment to cover the cost of the child’s college education is 9.01%

4 0
3 years ago
Read 2 more answers
Asking potential dating partners for a date is most likely to be reinforced on a ________ schedule. variable-interval variable-r
marusya05 [52]

Answer:

Variable-ratio

Explanation:

A variable-ratio reinforcement schedule occurs when a behavior is reinforced based on a random number of displays. Thus, unlike fixed schedules, asking for dating partners do not always elicit a positive reward - which is why it is categorized as variable; the response can be positive or negative. It is also not an interval-based reinforcement schedule, since it is not based on time period. Variable-ratio schedules fit this behavior since asking someone out can get you a positive response once you tried hard enough or with enough people - but when it would happen, you cannot predict.

3 0
3 years ago
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