Answer:
D) None of the above is included in Japanese GDP.
Explanation:
A country's GDP includes the value of all the finished and legal goods and services produced in an economy during one year.
GDP = consumption + investment + government spending + net exports
- Vegetables and fruits grown and consumed by an individual are not included in the GDP, unless they sell them to someone else.
- Illegal goods ans services are not included in the GDP.
- Imports, foreign products sold in a domestic market, lower the GDP since they lower net exports.
Answer:
B) 3 scarves
Explanation:
total fixed costs per day = $60 (rent)
selling price per scarf = $40
variable cost per scarf = $15
contribution margin = selling price per unit - variable cost per unit = $40 - $15 = $25
break even formula in units = total fixed costs / contribution margin = $60 / $25 = 2.4 units, since you can only sell complete units, the break even amount is 3 scarves.
Answer: A. Had major expenses in the first year.
Explanation: It just makes sense and it’s also correct
Answer:
The solution is shown in the file attached below
Explanation:
The bad debts expense signifies the straight write off of
the bad accounts which is the $20,000 along with an increase in the allowance which
is an approximation of the bad accounts to be written off in the future which
is the $3,000. The growth in the allowance account cannot be subtracted.
