Answer:
.A) $1, 920,000
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Nominal GDP is the GDP of country using current year prices
Nominal GDP = current year price × quantity
(6000 × 320) = $1,920,000
I hope my answer helps you
Solution:
Sum Present value of 60 payments
Rent 2000
Periods 60
Rate 12%
Present value of 60 payments $94,405 (Excel = PV( 1% , 60 , 2000))
Future value of these payments at t=9
Future value $1,03,249.99(Excel=FV(1%,9,94,405)
Periods 51
Rate 12%
Answer:
D. increase; decrease
Explanation:
When foreign imposes a tariff on import from home then there will be decreaing the import leading to a decreased demand of domestic currency by foreigners.
Therefore, domestic currency will depreciate and foreign currency will appreciate thus this action will lead to real home/Foreign rate to increase and will decrease the nominal home/foreign exchange rate.
Answer:
Option C is the answer
Explanation:
The degree of operating leverage is measured by dividing the contribution margin by operating income.
The degree of operating leverage (DOL) is the ratio of contribution margin to operating income. It measures how much the operating income of a company will change in response to a change in sales. A Companies that have higher proportion of fixed costs to variable cost will have greater levels of operating leverage.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Berry Co. purchases a patent on January 1, 2021, for $33,000 and the patent has an expected useful life of five years with no residual value.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= 33,000/5= $6,600
