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Scilla [17]
3 years ago
12

What is the difference between real and nominal gross domestic product (GDP)?

Business
1 answer:
Xelga [282]3 years ago
8 0

Answer:

the difference between real  GDP and nominal GDP is that real GDP is a adjustment for inflation since nominal GDP is calculated using current prices

Explanation:

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What are things you can do to manage the risks in your life to reduce any financial losses?
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Equity securities acquired by a corporation which are accounted for by recognizing unrealized holding gains or losses are Group
yawa3891 [41]

Answer

Associate: where a company has holdings of between 20% and 50%.

Minority Interest: where a company has holdings of less than 20%

Parent Company: where a company has holdings of more than 50%.

Explanation:

<u>An associate company </u>(or associate) is a company that owns a business beyond 20% and not more than 50%. In business valuation such a company that has invested significantly in the shares of another company will have voting rights in the board of the acquired company.

<u>Minority Interest</u> is the term used to describe the investments of one company in another company, when such investments are less than 20% of the total value of the acquired company.

<u>Parent Company</u> is a company that owns more than half (50%) of the shares or value of another company.

4 0
3 years ago
Scott Company sells merchandise with a one-year warranty. Sales consisted of 2,500 units in Year 1 and 2,000 units in Year 2. It
Alenkasestr [34]

Answer:

$0

Explanation:

Scott Company must record the warranty expense and liability regarding the products sold during the years that they occur. For example, the following journal entry must be made to record the warranty expense for year 1:

Dr Warranty expense 25,000

    Cr Warranty liability 25,000

During year 2, they will record the warranty expense for that year:

Dr Warranty expense 20,000

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That means that during year 3, the only warranty expense recorded will be the one related to the goods sold during that year.

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Question A
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Answer:

uh ok... whats the question?

Explanation:

i will help u after u tell meh.

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