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2 years ago

Find the product of 28 and 97.

Business

2 answers:

Inga [223]2 years ago

8 0

The product of 28 and 97 is 2716

Elis [28]2 years ago

8 0

"product" means to multiply... So your problem is going to be 28 * 97, and the answer is 2716.

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The chart gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP

Mrac [35]

Answer:

Explanation:

The chart below gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP for both years. Use 2017 as the base year.

Year 2016 2017

Price Quantity Price Quantity

Ice Cream $7.00 600 $3.00 400

Blue Jeans $70.00 20 $20.00 90

Laptops $300.00 5 $300.00 5

2016 nominal GDP = $_(7 x 600) + (70 x 20) + (300 x 5)_ = $7,100

2017 nominal GDP = $_(3 x 400)+(20 x 90) + (300 x 5)_ = $4,500

2016 real GDP = $__(7100-4500)/ 4500)) / change in ice cream price of 50%+ change in blue jean price of (70-20/20) 250%_______

= 0.57/3 = 0.19% growth. Technically the economy was better in 2016 than in 2017.

2017 real GDP = will be same as nominal, hence no growth since this is the base year

4 0

2 years ago

Dillon has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 2,000 units, Dillon used 3,100 pounds o

svp [43]

Answer:

$135 Unfavorable

Explanation:

The computation of total variance is shown below:-

For computing the total variance first we need to find out the actual price which is below:-

Actual price = Total cost ÷ Actual quantity

= $18,135 ÷ 3,100

= $5.85 pound

Now,

Total variance = Standard quantity × Standard price - Actual quantity × Actual price

= (($2,000 × 1.5) × $6) - 3,100 × $5.85

= 3,000 × $6 - 3,100 × $5.85

= $18,000 - $18135

= $135 Unfavorable.

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2 years ago

________ is a type of theatre in which sketches and vignettes alternate with musical numbers, but no single story carries throug

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3 years ago

The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summ

Fynjy0 [20]

Answer:

d) It is a use of cash, and will be shown in the investing section as a subtraction.

Explanation:

The plant improvements will result in cash outflow and is to be considered as an investing activity and not financing activity. It is not a source of cash. So, this option is incorrect.

There will be cash outflows when a company makes plant improvements. It is reported under the investing activity and not under financing activity. So, this option is incorrect.

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6 0

3 years ago

Ayayai Corp. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 102 $42 Mar. 14,

Dominik [7]

Answer:

Income after tax = $1666

Explanation:

LIFO (Last-In-First-Out) is a method of inventory valuation where the goods that are received last are used first. In other words, the latest stock is used first. This is common for bulky inventory, stacked one on top of another.

In order to obtain the after-tax income, both the gross profit and income before tax are required. To obtain gross profit, we require the cost of goods sold information. The inventory information is as follows:

Feb 1 : Purchases : 102 units x $42 = $4284

Mar 14 : Purchases : 175 units x $44 = $7700

May 1 : Purchases : 124 units x $46 = $5704

288 units were sold

The COGS would be:

124 x $46 = $5704

164 x $44 = $7216

Thus COGS : $5704 + $7216 = $12920

Gross profit : Sales - COGS

Sales : $59 x 288 = $16992

Gross Profit = $16992 - $12920 = $4072

Income before tax : Gross Profit - Expenses

Operating expenses : $1692

Income before tax = $4072 - $1692 = $2380

Income after tax : Income before tax - (tax rate x income before tax)

Tax rate : 30%

Income after tax = $2380 - ($2380 x 30%) = $1666

7 0

3 years ago