Because NDP stands for National Domestic Product which means everything that is produced in the country e.g. the US, and abroad from companies that are American.
Whereas, GDP is just from goods and services made in the country and in its borders.
Answer: Sold at a discount because the market interest rate was higher than the stated rate. S
Explanation:
the bonds was Sold at a discount because the market interest rate was higher than the stated rate. This is as a result of the bonds issued which were at a discount having its market price way lower than its face value. Bonds tends to be sold at a discount when the market interest rate has exceeded the stated rate of the said bond.
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>
Answer:
The book value of this equipment at the end of four years if he ignores bonus depreciation $26,290.
Explanation:
Cost of property = $67,600
Balance Depreciation
Year 1 67,600 13520
Year 2 54,080 17,306
Year 3 36,774 7,061
Year 4 29,713 3,423
Book vaue at the end of year 4 = 29,713 - 3423 = $26,290
Answer:
a. Who should be assigned to chop vegetables?
b. Who should be assigned to wash dishes?
Explanation:
we need to determine the opportunity cost of each employee:
Rahul's opportunity cost of chopping one pound of vegetables = 100 / 20 = washing 5 dishes per hour.
Rahul's opportunity cost of washing 1 dish per hour = 20 / 100 = 0.2 pounds of chopped vegetables.
Henriette's opportunity cost of chopping one pound of vegetables = 120 / 30 = washing 4 dishes per hour.
Henriette's opportunity cost of washing 1 dish per hour = 30 / 120 = 0.25 pounds of chopped vegetables.
Rahul should wash dishes while Henriette should chop vegetables because their opportunity cost of performing these activities is lower.