The higher a country’s gross domestic product (gdp), the more likely it is that the country is wealthy.
<h3>What is gross domestic product?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
The economic growth rate which measures wealth is the rate at which the nominal GDP of a country increases with the passage of time.
To learn more about GDP, please check: brainly.com/question/15225458
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Answer
It’s not accurate but...,
Entrepreneur is an individual who creates business
Bearing most of the risks and enjoying most of the reward
Commonly seen as an innovator, a source of new ideas, goods, service and business
Hope it helps at least a little
Sorry if it’s not correct or useless
Answer:
Fixed overhead absorption rate
= <u>Budgeted fixed overhead</u>
Budgeted activity level
= $<u>12,000</u>
16,000 hours
= $0.75 per hour
Production volume variance
= (Standard hours - Budgeted hours) x Fixed overhead rate
= (16,250 - 16,000) x $0.75
= $187.5(F)
The correct answer is A
Explanation:
First and foremost, we need to calculate fixed overhead absorption rate, which is the ratio of budgeted fixed overhead to budgeted hours. then, we will calculate the production volume variance, which is the difference between standard hours and budgeted hours multiplied by fixed overhead absorption rate.
Answer:
The correct answer is D
Explanation:
Fixed principal is the amount of money which is a payment loan and has a reducing payment amount. It is typical loan, which has level of periodic payment, interest portion of the payment which is less every period because of reducing principal balance and the principal portion of the payment is the same payment to payment.
Therefore, the factors which determine the amount are the number of the compounding periods or years and the interest rate.
