<span>Between Rosa, Roberto, Andrea, and Inno, whomever suggested the number closest to 3.16 would be correct as that is the square root of ten. By not being given the suggested answers, one is unable to determine who proposed the best solution.</span>
Answer:
A. A new airplane purchased by United Parcel Service.
- Investment (in fixed assets), GDP grows
B. The tuition you pay during your first year of college.
- Consumption (of services), GDP grows
C. The social security check your grandmother receives.
- Not included in GDP, social security checks are considered transfer payments.
D. A new purchase of 50,000 shares of Time/Warner stock.
- Not included in GDP, only IPOs are included in GDP
E. A new pair of tennis shoes made in China and purchased by an American shoe store.
- Import, GDP decreases since net exports decrease
Explanation:
Answer:
Gross margin = $166,500
so correct option is C. $166,500
Explanation:
given data
Planned and actual production = 40,000 units
Sales = 37,000 units @ $15 per unit
Production costs
Variable = $4 per unit
Fixed = $260,000
Selling and administrative costs
Variable = $1 per unit
Fixed = $32,000
to find out
gross margin that the company would disclose on an absorption costing income statement
solution
we get here sale that is
Sales = 37000 × $15
sales = $555,000
and
cost of good sold is
cost of good sold is = variable cost per unit + fixed cost per unit
cost of good sold is = 4 + 
cost of good sold is = 10.5
so total cost of god sold = 37000 × $10.5
total cost of god sold = $388500
so Gross margin is here
Gross margin = $555,000 - $388500
Gross margin = $166,500
Answer:
January 1, 202x, bank loan obtained from Taylor Bank (9 months, 9% interest rate)
Dr Cash 117,933
Cr Notes payable 117,933
Explanation:
Since this is an interest bearing note that will be paid in less than a year, we should record it at face value. All current liabilities must be recorded at face value.
