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Katyanochek1 [597]
3 years ago
6

Consider the economies of Gobbledigook and Hermes, both of which produce agricultural products using only land and labor. The fo

llowing tables show the supply of land, population size, and real GDP for these two economies from 2015 to 2018.
Calculate real GDP per capita for the two economies, and complete the last column of the following two tables.
Gobbledigook
Year Land Population Real GDP Real GDP per Capita
(Acres)
2011 20,000 500 $3,500
2012 20,000 1,000 $8,000
2013 20,000 1,500 $13,500
2014 20,000 2,000 $20,000
Blahnik
Year Land Population Real GDP Real GDP per Capitl
(Acres)
2011 20,000 1,000 $11,000
2012 20,000 2,000 $20,000
2013 20,000 3,000 $27,000
2014 20,000 4,000 $32,000

Business
1 answer:
bixtya [17]3 years ago
7 0

Answer:

Kindly check explanation and attached picture

Explanation:

Real GDP per capita = (Real GDP / Population)

Gobbledigook Real GDP per capita:

2011: ($3500 / 500) = $7

2012: ($8000 / 1000) = $8

2013: ($13,500 / 1,500) = $9

2014: ($20,000 / 2000) = $10

BLAHNIK Real GDP per Capita:

2011: ($11,000 / 1000) = $11

2012: ($20,000/2000) = $10

2013: ($27,000 / 3000) = $9

2014: ($32,000 / 4000) = $8

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Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $362,000; the partnership
Sveta_85 [38]

Answer:

$362,000 building and $231,000 in Fontaine's capital account

Explanation:

Fontaine and Monroe are forming a partnership

Fontaine invests a building that has a market value of $362,000

The partnership assumes responsibility of $131,000 note

Monroe invests $106,000 in both cash and equipment

The market value is $81,000

Therefore, since the building has a market value of $362,000 then, the amount that is recorded for the building is $362,000

The amount recorded for Fontaine's capital account can be calculated as follows

= $362,000-$131,000

= $231,000

Hence the amount recorded in the building and Fontaine's capital account is $362,000 and $231,000 respectively

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3 years ago
13. Average clients change their interiors every _______ years. A.2 C. 15
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3 years ago
Non-toxic-toys currently has $400,000 of equity and is planning a $160,000 expansion to meet increasing demand for its product.
Rashid [163]

Answer:

1. $100,000 and 25%

2. $137,200 and 34.3%

3. $150,000 and 27%

Explanation:

1. It does not expand

    a. Net income= $100,000 (as given in the question)

    b. Return on equity= (net income)/(shareholder’s equity)

Shareholder’s equity= $400,000

Thus return on equity= 100000/400000 = 0.25  or 25%

2. It expands and issue $160,000 in debt

    a. Net income= $100000 + 50000 –  12800 (debt interest 8% of     $160000)

= $137,200

b. Return on equity= (net income)/(shareholder’s equity)

= 137200/400000

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3. It expands and raises equity of $160000

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= $150000

b. Return on equity= (net income)/(shareholder’s equity)

= 150000/(400000 + 160000)

Where ($560,000) 400000 + 160000 is shareholder’s equity

= 0.27 or 27%

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Disadvantages of company borrow to much money from the bank
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You have to pay back interest, and the later you pay, the more you owe!<span />
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