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UNO [17]
3 years ago
9

Given the following data for the economy, compute the value of GDP.

Business
1 answer:
oksano4ka [1.4K]3 years ago
5 0

Answer:

The value of GDP is 75

Explanation:

GDP is equal to Consumption + Investment + Government Spending + Net Exports (Exports minus Imports), where total Investment is equal to Fixed Investment plus the Change in Inventories.  

The change in GDP will therefore equal the change in Consumption + the change in Investment + the change in Government Spending + the change in Net Exports, where the change in Investment will equal the change in Fixed Investment plus the change in the Change in Inventories.

= Government purchases of goods and services  (10) + Consumption Expenditures  (70 )+ Exports  (5 ) - Imports  (12) + Change in Inventories  (-7 ) + Construction of new homes and apartments  (15 ) - Sales of existing homes and apartments  (22 ) + Government payments to retirees  (17 ) + Business Fixed Investment  (9)

= 75

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In 2020, Antle Inc. had acquired Demski Co. and recorded goodwill of $275 million as a result. The net assets (including goodwil
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Answer:

The correct answer is $0

Explanation:

Solution

An Impairment loss recognized when  a book value of reporting company is more than its fair value, In the given example, the book value is not more than its fair value or higher than the value, hence the amount of the impairment loss that Antle Inc would record for goodwill at the end of 2021 is: Impairment loss is $0

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3 years ago
Dan is buying Jessica’s house. The closing date (day belongs to seller) of the sale transaction is March 9th. Current year real
wariber [46]

Answer:

$354

Explanation:

Annual amount / 365 days or monthly amount /length of month = daily amount.

Therefore;

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Therefore Jessica's share of the real estate taxes for the current year is $354

4 0
3 years ago
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Isabel and Josh engage in a business transaction that leads to a dispute. Isabel initiates a lawsuit against Josh by filing a co
andreev551 [17]

Answer:

(b.) Isabel will have a judgment entered in her favor

Explanation:

Under the Rules of the court Josh's action is referred to as Default of Appearance.  Isabel is the Complainant while Josh is the Defendant.

It is the law that where a Defendant fails to appear before the court where there is a proof of service of the summons on him or her, Complainant may apply to the Judge for a judgement in respect of the claim on the summons to be entered in his or her favor against the Defendant.

Therefore, in the instance case at hand, Isabel will have a judgment entered in her favor for failure of Josh to appear before the court.

Option (a) is not the answer because Isabel does not need to file an amended complaint because Isabel did not ask the court for any amendment of her complaint. Isabel can only file an amended complaint if she intends to change her complaint against Josh.

Option (c) is not also the answer because Josh chooses to ignore the summons served on him. If for instance Josh did not get the summons served on him or the judge is of the opinion that Josh was not properly served, then the court can order that Josh must be served with a second summons.

Option (d) is also not the answer because Josh cannot have a judgment entered in his favor because he is the person who defaulted appearance before the court. A party who is in default of appearance cannot have judgment entered in his favor.

4 0
3 years ago
Overdraft protection means the bank will protect your funds from excessive taxation.
Varvara68 [4.7K]
The correct answer is (a.) True. Overdraft protection means the bank will protect your funds from excessive taxation. This protection is most likely to be offered by small business since it helps them to gain additional income fees.
5 0
2 years ago
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If john can produce 10 chairs or 20 lamps during a week while mary can produce 12 chairs or 22 lamps in the same​ time, who has
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Mary has the competitive advantage for chairs and lamps.

Absolute comparative advantage is the ability to produce something more efficiently than someone else..

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