Explanation:
1. Working "off of books involves working within the underground economy, in which government economic activities are hidden to avoid taxation or laws, or in which products and services are sold illegally.
2. As the government is shielded from activities within the informal economy, they would not be included in GDP figures.
3. If GDP is calculated accurately, the government will find it difficult to set strategies to accomplish macroeconomic objectives. Normally, the government does not receive tax revenue from illegal sales. This could result the government to raise taxes on non-underground company individuals and companies, thus prohibiting their jobs, saving and investment.
Answer:
O D. how much the person has borrowed compared to how much he or
she earns
Explanation:
Your debt-to-income ratio is all your monthly debt payments divided by your gross monthly income. This number is one way lenders measure your ability to manage the monthly payments to repay the money you plan to borrow. ... If your gross monthly income is $6,000, then your debt-to-income ratio is 33 percent.
Answer:
14.6%
Explanation:
we can use the Gordon growth model to determine the market rate of return (or required rate of return for this stock or similar ones):
current stock price = dividend / (required rate of return - growth rate)
- current stock price = $26.91
- growth rate = 3.8%
- dividend in 1 year = $2.80 x 1.038 = $2.9064
$26.91 = $2.9064 / (RRR - 3.8%)
RRR - 3.8% = $2.9064 / $26.91 = 10.8%
RRR = 10.8% + 3.8% = 14.6%
Answer:
14,275= actual hours
Explanation:
Giving the following information:
The standard for a particular crane calls for 14 direct labor-hours at $16 per direct labor-hour.
During a recent period, 1,000 cranes were made.
The labor efficiency variance was $4,400 Unfavorable.
To determine the actual hours worked, we need to use the direct labor efficiency variance formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
-4,400= (14*1,000 - actual hours)*16
-4,400= 224,000 - 16actual hours
228,400/16= actual hours
14,275= actual hours
