CARICOM or the <span>Caribbean
Community and Common Market solely reason for existence is to promote the
economic integration to guarantee the benefits and shared equitably.
The mainly cause for CARICOM in producing limited improvements is because
majority of the English speaking country
illustrates the division </span><span>deep
linguistic in Caribbean </span>
Answer:
$27,500
Explanation:
Revenue from the sale of Product C = $36 × 2500
= $90,000
Cost to produce Product C = $14 × 2500
= $35,000
Revenue from the sale of Product M = $47 × 2500
= $117,500
Differential Total Net Revenue of producing Product M
= $117,500 - $90,000
= $27,500
Answer:
adding up consumption, investment, government expenses, and net exports
adding up the market prices of final goods and services produced in the U.S
adding up the incomes of producers and taxes paid to the government
Explanation:
GDP is a measure of the sum value of a country's output in a given period. The GDP value reflects economic growth or decline in a country for the period under review.
GDP is calculated using three methods. They include the income, production, and expenditure approach.
In the Income approach, economists add up all the earnings from the factors of production. Wages and salaries of all employees; the profits from businesses and corporates' ; rents, and interests form landlords are summed up to get GDP. Adjustments are made to cater for the taxes paid to the relevant government agencies. ( 4th option)
The production approach involves getting the value of all the finished consumer goods and services in the economy. The approach excludes intermediary goods and work-n progress. GDP is obtained by adding the total of the finished products and services and multiplying them by their prices. (3rd option)
The consumption option applies a formula that GDP = C+G+I+ NX, where C is private consumption expenditure, G is government consumption and investment expenditure, and I in private investment expenditure. NX is the net imports. ( 1 st option )
Sometimes when speaking, your thoughts get very jumbled, if you're at all like me. Organizing your thoughts can well, organize your thoughts! :)
Answer:
2.0 times
Explanation:
The inventory turnover ratio indicates how efficient a company is in converting its inventory into sales. It shows the number of times a business sells and restocks its inventory in a period.
The formula for calculating inventory turnover is as follows.
Inventory turn over = Costs of goods sold/ Average inventory
For Castile Co.
COGS is $18,000
Average inventory = Beginning inventory + ending inventory /2Beginning inventory = $6,000
if COGS = Beginning inventory + Purchases - Ending inventory
Then $18,000 = $6000 +$24,000 - ending inventory
=$18,000 = $30,000 -ending inventory
Ending inventory = $30,000-$12,000
Ending Inventory =$12,000
Average inventory = $6000+$12,000/2
Average inventory = $9,000
Inventory turnover = $18000/$9000
=2.0
