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3 years ago

Zoran, a Croatin citizen, only works in the United States. The value added to production from his employment is ____.

Business

1 answer:

ycow [4]3 years ago

5 0

The value that is added to production from his employment is included only in the United States GDP

Explanation:

The value that is added is included only in the United States and Gross Domestic Product is the value of all the finished goods that is produced within the country during the specific period of time

There are many ways to calculate the GDP by the expenditure method the production method or the income method this is used to predict the economy of the country and provides a snapshot of the economic growth. In this case the value added to the production goes to the United States gross domestic product

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Superior Company has provided you with the following information before any year-end adjustments: Net credit sales are $131,750.

aleksklad [387]

Answer:

$3,553

Explanation:

Credit losses = Net credit sales × Historical percentage of credit losses

= $131,750 × 3%

= $3,953

Allowance for doubtful account has a credit balance of $400

The estimated bad debt expense can therefore be calculated as:

Bad debt expense = Credit losses - Allowance for doubtful accounts credit balance

= $3,953 - $400

= $3,553

Hence, the estimated bad debt expense using the percentage of credit sales method is $3,553

5 0

2 years ago

Opportunity costs at a manufacturing company are not part of manufacturing overhead. True or false?.

Bess [88]

It is true that Opportunity costs at a manufacturing company are not part of manufacturing overhead.

<h3>What is Opportunity costs ?</h3>

Opportunity costs can be described as the term that represent the potential benefits which individual, investor, misses out in the process of choosing one alternative over another.

Because opportunity costs are unseen can be easily overlooked, therefore, in this case, It is true that Opportunity costs at a manufacturing company are not part of manufacturing overhead.

Learn more on Opportunity costs at:

brainly.com/question/1549591

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6 0

11 months ago

In preparing the April bank reconciliation for Oscar Company, it was discovered that on April 10 a check was written to pay deli

aev [14]

Explanation:

The correction of error is shown below:-

Expense of decrease delivery and cash by $9.

Therefore, to correct this error, which affect the cash is undercharged and delivery expenses to be overcharged. So, the company will decrease the delivery expenses and increase cash by $9, it came by deducting the 45 from $54 and recorded amount is 54.

8 0

3 years ago

Give me a 5th grade sentence that has the words prosper and profit

Elza [17]

When an company makes much profit the business will florish and prosper.

7 0

2 years ago

Read 2 more answers

Rajesh Indian Market (RIM) is open 12 months out of the year. At RIM, the demand for rice is very consistent 200 pounds per mont

Paladinen [302]

Answer:

A. 566 pounds

Explanation:

Given: Demand for rice is very consistent= 200 pounds per month.

Cost of rice per order= $50 per order.

Rice cost= $5 per pound.

Carrying charge= 15%

EOQ: Economic order quantity (EOQ) is the number of units that company should include in their inventory with each order to reduce cost of inventory.

Now, calculating EOQ.

Formula; EOQ= $\sqrt{\frac{2DP}{C} }$