1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aniked [119]
3 years ago
5

Amy has a card shop. She receives a shipment of Valentine's Day cards in December 2011 made by a card manufacture in that month.

Amy pays the wholesale distributor of the cards a total of $500. In February 2012, she sold all the cards for a total of $800. What are the contributions of these transactions to GDP in 2011 and 2012?
Business
1 answer:
Firdavs [7]3 years ago
6 0

Answer:

The contributions of these transactions is a reduction to GDP by $500 in 2011 and an increase in GDP by $800 in 2012.

Explanation:

GDP is the abbreviation for gross domestic product which is the monetary value of all finished products (goods and services) made within a country during a specific period (usually a year). In the determination of a country's GDP, imports are subtracted while exports or sales are added.

Therefore considering that Amy received a shipment of Valentine's Day cards in December 2011 paying a total of $500 and sold all the cards for a total of $800 in February 2012, the contributions of these transactions is a reduction to GDP by $500 in 2011 and an increase in GDP by $800 in 2012.

You might be interested in
Jose received $550 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards
vladimir2022 [97]

Answer:

$619.75

Explanation:

This is a problem of future value with compounded interest.

The equation that describes the future value of an amount (P) deposited for a period of 'n' years at an annual rate (r) compounded quarterly is:

FV = P*(1+\frac{r}{4})^{4n}

For a $550 investment at 4% per year for 3 years, the future value is:

FV = 550*(1+\frac{0.04}{4})^{4*3}\\FV=\$619.75

In 3 years, Jose will have $619.75 available towards the down payment for his motorcycle.

8 0
3 years ago
Money creation occurs when: a person puts cash in a bank. a person deposits a payroll check in their checking account. banks mak
saw5 [17]
Is this a paper you have write or do they have Any answer choices
7 0
3 years ago
Sparks Corporation has a cash balance of $19,500 on April 1. The company must maintain a minimum cash balance of $16,000. During
Ganezh [65]

Answer:

Cash borrow  = 10500

so correct option is a. $10,500

Explanation:

given data

Ending cash balance = $16,000

Beginning cash balance = $19,500

expected cash receipts = $68,000

Cash disbursements = $82,000

solution

we know that Ending cash balance is express as

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrow   .............................1

we get here Cash borrow put here value

$16,000 = $19,500  + $68,000 - $82,000 + Cash borrow

solve it we get

Cash borrow  = 10500

so correct option is a. $10,500

4 0
3 years ago
When originally purchased, a vehicle had an estimated useful life of 12 years. The vehicle cost $47,000 and its estimated residu
levacccp [35]

Answer:

66545

Explanation:

4 0
3 years ago
A company must be concerned about the creation of communication harmony. Nike uses the slogan "Just Do It." Consumers see this b
REY [17]

Answer:

Integrated marketing communications.

Explanation:

Integrated marketing communication is a technique used by companies to create a linked form of communications and messages. Talking in simple terms, integrated marketing communications help firms to integrate their all promotional tools and ensure that all tools work in harmony with each other.

Nike is an example of a company using the technique of integrated marketing communications.

By using the slogan 'Just do it' in all of their promotional tools, the company is ensuring harmony in all of its tools.

Therefore, integrated marketing communications is the correct answer.

8 0
2 years ago
Other questions:
  • Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,810,000 Net
    11·1 answer
  • Unsystematic Risk:a. can be effectively eliminated by portfolio diversificationb. is compensated for the risk premiumc. is measu
    13·1 answer
  • A company incurred the following costs: $6,000 for indirect labor; $26,000 for direct labor; $2,500 for utilities for the factor
    13·1 answer
  • You have a small business that makes $50,000 accounting and economic profit for you. As a disabled person, you must work at home
    13·1 answer
  • A company is hiring professionals for web designing. The firm is small with few resources. They want employees who possess probl
    15·1 answer
  • Gerard, a Nevada real estate licensee, has been advertising his services online to California citizens. He sells resort property
    6·1 answer
  • A _______ lease covers the landlord's expected increases in expenses by increasing the rent on an annual basis over the life of
    10·2 answers
  • Alexander hamilton proposed that the u.s place mild tariffs on imported goods in order to
    9·1 answer
  • What do you mean by Producer's Equilibrium ?????​
    11·2 answers
  • If Henry and Kate's Company has $300,000 of sales revenue, pays $50,000 in dividends, and has net income of $100,000, how much w
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!