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kobusy [5.1K]
3 years ago
14

True or False: Most of the value added included in GDP in the United States is added by businesses rather than consumers.

Business
1 answer:
shtirl [24]3 years ago
7 0
The answer to this is true
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A news release for a diet product company reports: There's good news for the 65 million Americans currently on a diet. Its study
dexar [7]

Answer:

C. biased, understating the effectiveness of the diet.

Explanation:

As the company promises the population of America which is too huge, just on the study based on 20 employees of the company itself.

This clearly means that the company is trying to sell the product with false reports as the sample size of study is to small to represent entire American Population.

Further that too the employees could be influenced to get the false results.

As since the employees could be influenced and that the results can be altered accordingly, the report is biased, and is misleading.

6 0
3 years ago
A document in an auditor's working papers includes the following statement: "Our audit is subject to the inherent risk that mate
Y_Kistochka [10]

Answer: Option (2)

Explanation:

Engagement letter is referred to as an or known as an agreement for the services firm in order to provide the services to the client. This letter is known to be essentially an abbreviated agreement which defines services that are to be performed and also amount of the compensation that is to be paid. These letters are mostly required by the service firms that are engaged in the audit, tax, consulting, finance and legal advice.

7 0
3 years ago
Regardless of the index we use:
Vitek1552 [10]

Answer:

b. we should get an accurate picture of how all consumer goods and services prices changed from year to year.

Explanation:

Wether it is ased on a fixed goods of goods or based on a changing goods of goods that gets old after time, we should check how is it work with this policy

The goal for the index is to adjust the value of assets by the inflation rate to calcualte the loss for having dollar bills.

6 0
3 years ago
Companies HD and LD have the same tax rate, sales, total assets, and basic earnings power. Both companies have positive net inco
sukhopar [10]

Answer:

Company HD pays less in taxes

Explanation:

In the case when the company HD and LD have the similar rate of tax, sales revenue,  etc even both have favorable net incomes also the company Hd contains greater debt ratio due to which it has more interest expense so that means company hd would pay less taxes

Therefore the above represent the answer

and, this is the answer but the same is not provided in the given options

5 0
2 years ago
Read 2 more answers
On May 1, Year 1, Benz’s Sandwich Shop loaned $18,000 to Mark Henry for one year at 9 percent interest. Required a. What is Benz
ehidna [41]

Answer:

a) $1080

b)$19080

c) Loan given | -$18000

d)$540

e)$19620

f)loan | 18000

Interest received | $1620

g)  $1620

Explanation:

a) Year 1 : a) Interest income = $18000*9%*8/12 = $1080

b) The total receivable at december 31,Year = 18000+1080 = $19080

c)  Year 1  :Statement of cash flow

Loan given | -$18000

d) Interest income Year 2 = $18000*9%*4/12 = $540

e) Total cash collect in 2017 = $18000+$1080 + $540 = $19620

f) Cash flow from investing activities :

           loan | 18000

           Interest received | $1620

g)Total interest earned = 18000*9% = $1620

7 0
3 years ago
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