Here, public savings = $1.05 billion and private savings = $3.15 billion
It is calculated as follows:
Total savings, S = $4.20 billion
We know: S = V+U
It means National Savings = Private savings + Public savings
Here:
V = private savings , U = public savings and
Private saving, V = 0.75 × S
  = 0.75 × $4.20 billion
  = $3.15 billion
And, the public savings will be = National savings - private savings
= $4.20 billion - $3.15 billion
= $1.05 billion
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Answer:
Year-end WIP 62,200
jounral entry for completed jobs:
-------------------------------------
Finished Good Inventory   1,149,800 DEBIT
   WIP inventory                              1,149,800 CREDIT
-------------------------------------
Explanation:
<u>WIP </u>
Beginning  $     72,000
Materials    $   390,000
Labor          $   500,000
Overhead   <u>$   250,000</u>
Total WIP    $  1,212,000
<u />
<u>Finished Jobs:</u>
Job 210  $  200,000
Job 224 $  225,000
Job 216  $  288,000
Job 230 <u>$  436,800</u>
Total       $ 1,149,800
the jobs complete will move to finished good and credit WIP inventory
WIP year-end:
1,212,000 - 1,149,800 = 62,200
 
        
             
        
        
        
Answer:
$309
Explanation:
The computation of the gross earning for the week is as follows:
Given that
Payment of $7.15 × 8 = $57.2  or payment of  each unit produced whichever is greater 
On monday
= 90 units × $0.60
=  $54
But the greater is $57.2
On tuesday
= 114 units × $0.60
=  $68.4
On Wednesday 
= 82 units × $0.60
= $49.20
But the greater is $57.2
On thursday
= 112 units × $0.60
= $67.20
On friday
= 98 units × $0.60
= $58.80
Now the earnings for the last week is 
= $57.20 + $68.4 + $57.20 + $67.20 + $58.80
= $308.80
= $309
 
        
             
        
        
        
Answer:
opportunity cost
Explanation:
When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the opportunity cost of investing in physical capital.