1. Explain interpersonal skills in your own words

1.Why is GDP / Capita a more accurate way of determining the well-being of a people?

Vesnalui [34]

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

I hope this can help :)

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2 years ago

Sam, a third-grader, really likes to look for interesting bugs with other people during recess. Each of Sam's friends offers to

andre [41]

Answer: 1. No.

2. Yes.

Explanation:

Price Discrimination is a pricing strategy where suppliers/producers or sellers sell a good to different people at different prices depending largely on their preference and/or capacity to pay for the commodity i.e, if you want it more, you are charged more.

1. Johnny did not like to play Hopscotch, so offering Suzie one day of Hopscotch for two days of bug hunting is fair and no price discrimination occured as he did not offer these terms to someone else who's game he did not like.

2. Sam knew that Johnny really liked playing Slaps so he leveraged on that and offered him more expensive terms so to speak than he did to Bill even though he liked playing the both games equally. This means that he charged Johnny more than Bill simply because Johnny liked and preferred his game alot which is Price discrimination.

4 0

3 years ago

Mia has an outside basis of $50,000 in the Brimstone Partnership, including her share of liabilities of $25,000. In a liquidatin

finlep [7]

Answer:

$0 gain or loss

Cash basis $10,000

Inventory $15,000

Explanation:

Calculation for Mia’s recognized gain or loss on the liquidation and basis in the property received

First step is for us to calculate for the outside adjusted basis

Using this formula

Outside adjusted basis=Outside basis - Liabilities

Let plug in the formula

Outside adjusted basis=$50,000 - $25,000

Outside adjusted basis= $25,000

Second step is to calculate for theGain or loss

Using this formula

Gain/Loss=Outside adjusted basis- Cash received - Inside basis

Let plug in the formula

Gain/Loss =$25,000 -$10,000 -$20,000

Gain/Loss = ($5,000)

Based on the above calculation for Mia Gain/loss in which Mia had ($5,000) this means there is $0 gain or loss

Third step is to calculate for the Inventory

Using this formula

Inventory = Cash + Gain/Loss

Let plug in the formula

Inventory =$10,000 + $5,000

Inventory = $15,000

In summary Mai will have $0 gain or loss, the Cash basis amount will be $10,000 while the Inventory amount will be $15,000

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4 years ago

Match the following regulations to their appropriate categories.a. Non-compatible materials must be segregated in storage b. It

LekaFEV [45]

Answer:

a. Non-compatible materials must be segregated in storage - Special type material storage

Non-compatible materials means that materials are of a special type and not of the normal ones used and so this regulation relates to Special type material storage

b. It must be stacked on level and solidly supported sills - Lumber material storage

For lumber not to get damaged it needs to be stored in a certain way being that it should be stacked on level and solidly supported sills so this relates to Lumber storage.

c. All materials stored in tiers must be stacked, racked, blocked, interlocked or otherwise secured to prevent sliding, falling or collapse. - General material storage

This relates to general material storage as it is a standard method of storage aimed at preventing potential dangers.

d. Keep storage areas free from accumulated materials that cause tripping, fires or explosions, or that may contribute to harboring rats and pests. - Housekeeping

Housekeeping is done to keep the storage as free from calamity as possible so this regulation falls here.

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4 years ago

Assume that Best Buy made a December 31 adjusting entry to debit Salaries and Wages Expense and credit Salaries and Wages Payabl

prisoha [69]

Answer:

Explanation:

The reversing entries are shown below:

a. Salary and wages Payable A/c Dr $4,380

To Salary and wages Expense A/c $4,380

(Being reversing entry passed)

b. Salary and wages Expense A/c Dr $7,560

To Cash A/c $7,560

(Being reversing entry passed)

c. Salary and wages Payable A/c Dr $4,380

Salary and wages Expense A/c Dr $3,180

To Cash A/c $7,560

(Being reversing entry passed and the difference is debited to the Salary and wages Expense Account)

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3 years ago