Answer:
A.$73.75 billions
B. $50 billion
C. 0.18%
Explanation:
a. The real GDP change in response by
(1/(1 −MPC) ×$35.4 billion = (1/(1 −0.52) ×$35.4 billion =$73.75 billion.
b. If in addition to the consumer spending change in part a, unplanned inventory invest-ment decreases by $50 billion, the resulting change in real GDP is
$73.75 billion - $50 billion = $23.75 billion.
c.The percent increase in GDP is
($23.75 billion/$13,139.5 billion) ×100
=0.18%
Answer:
the inventory should be recorded at $8,500
Explanation:
As we know that according to GAAP, the inventory should be recorded at a cost or net realizable value whichever is lower
So as per the question
Historical cost is $12,000
And, the net realizable value is
= Expected selling price - expected selling cost
= $9,000 - $500
= $8,500
So, the lower cost is $8,500
Hence, the inventory should be recorded at $8,500
Answer:
The correct answer is The Sale of Goods.
Explanation:
The sale of goods constitutes the action by which furniture and real estate, securities and securities are disposed of at a certain price.
For legal purposes, the sale originates through a contract known as a sale, under which a good or service is transferred to a foreign domain for a previously agreed price.
The contract of sale is composed of personal, real and formal elements in order to establish the parties and their obligations and indicate the price and characteristics of the good or service for sale, which is why it is determined as a bilateral contract.
<span>The term money is used to describe anything that is regularly used in economic transactions or exchanges.
</span><span>When money is used to express the value of goods and services, it is functioning as a unit of account.
</span><span>This is the primary function of money, to be used a unit by which value of a thing is accounted and compared.</span>
Answer: A. The month of January
Explanation:
It is because of January impact on little firms. Whereby small top ventures will in general have a relative increment in stock value during this period making it's assets increasingly appealing to investors bringing about irregular/abnormal profits for the ventures inside this period.
