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3 years ago

Suppose nominal GDP increased in a given year. Based on this information, we know with certainty that:

Business

1 answer:

Vinvika [58]3 years ago

7 0

Answer:

D. either real output or the price level (GDP deflator) have increased.

Explanation:

GDP is the total value (price x quantity) of goods & services produced by an economy during an a time period.

Real GDP is calculated on the basis of base year price index. Nominal GDP is calculated on the basis of current year price index.

So: Real GDP increases only due to rise in output quantity, not by price. Nominal GDP can increase due to rise in both output quantity or in price level (reflected in deflator).

This makes Real GDP a better measure of Economic growth than Nominal GDP, since it captures effect of increased production only (& not price).

Deflator is a measure of average price level change =

<u>Nominal GDP</u> X 100

Real GDP

Deflator > 100 shows inflation in general price level, Deflator < 100 shows deflation in general price level.

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The current net profit of sigma inc. is $8 million, the market price of the stock is $65, and sales is $50 million. the net prof

IRISSAK [1]

The net profit margin, or simply net margin, measures how much net income or profit is generated as a percentage of revenue.

It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.

<h3>How do we calculate net profit margin?</h3>

Net profit margin is calculated by dividing the net profits by net sales, or by dividing the net income by revenue realized over a given time period.

<h3>What is good net profit ratio?</h3>

For example, in the retail industry, a good net profit ratio might be between 0.5% and 3.5%.

Other industries might consider 0.5 and 3.5 to be extremely low, but this is common for retailers. In general, businesses should aim for profit ratios between 10% and 20% while paying attention to their industry's average.

Learn more about net profit margin here:

<h3>brainly.com/question/22024991</h3>

6 0

2 years ago

Nikita is the manager of a local small hotel. Just today Nikita received word that a major convention will be coming to town nex

Ne4ueva [31]

Answer:

Contingency viewpoint or approach of management

Explanation:

According to the contingency viewpoint, there is no particular standard of management. Rather, the type of management style adopted including decisions made depends on the type of situation that the organization is facing at the particular time. Nikita in this scenario is using the contingency approach since she is making decisions based on the upcoming convention.

3 0

3 years ago

Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto

Maru [420]

Answer:

$12,600

Explanation:

Particulars Amount

a. Issue common stock for cash $40,000

b. Purchase building and land with cash, -$25,000

c. Provide services to customers on account $6,000

d. Pay utilities on building -$500

e. Collect $4,000 on account from customers $4,000

f. Pay employee salaries -$8,000

g. Pay dividends to stockholders -<u>$3,900</u>

Net Cash Flow <u>$12,600</u>

7 0

3 years ago

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with informatio

MrRissso [65]

Answer:

<em>Cost of completed WIP:</em> 30,240

<em>Total cost of tranferreed-out:</em> 729,990

Explanation:

<em><u>We assume it works with weighted-average process costing</u></em>

Beginning 9,000 50% = 4,500 $22,050

Finished goods 207,000 units

Direct Materials 212,000 units at $1.6

Direct labor $276,000

Overhead $<u> 107,400 </u>

Total Overhead $383,400

started 212,000 units

<u>finished 207,000 units</u>

ending 5,000 units at 75%

EU Conversion Cost 207,000 + 5,000 x 75% = 210,750

<em>Cost per equivalent unit: 383,400 / 210,750 = 1,819217</em>

Cost of beginning WIP comepleted

22,050 beginning + 1.82 x 4,500 = 30,240

Cost of the units transferred to finished goods:

22,050 beginning WIP balance

+ 207,000 x $1.6 materials

<u>+ 207,000 x $1.82 conversion cost </u>

<em>Total:</em> 729,990

7 0

3 years ago

An owner of a corporation is known as a ___________ Group of answer choices limited partner general partner director stockholder

inessss [21]

Answer:

Stockholder.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.

Hence, an owner of a corporation is known as a stockholder.

5 0

3 years ago