Answer:
Gross National Product (GNP)
Explanation:
According to Investopedia, "the Gross National Product is the value of a nation's finished domestic goods and services during a specific time period".
*Note that the GNP should NOT be confused with the GDP (Gross Domestic Product). The GDP only accounts for the value of goods and services produced within a nation's borders, while the GNP also adds the value of services produced by that country's employees and companies in other nations.
Answer:
a. $700,000
b. 6/7 or 85.7%
c. No they will not.
Explanation:
a. Jacobs will earn the normal salary that the other designers in the other companies are getting in addition to the incremental income he brings to the company as a result of his talents.
Incremental income = Revenue with Jacobs - Revenue without Jacobs
= 1,000,000 - 400,000
= $600,000
Jacobs earnings = Normal designer earnings + incremental income
= 100,000 + 600,000
= $700,000
b. Economic rent is the excess amount that the company is paying Jacobs over what it should normally cost to get a designer.
Normal cost of designer is $100,000. Company is therefore paying an economic rent of $600,000.
Proportion of Jacobs salary that is economic rent = 
= 
= 6/7 or 85.7%
c. The company hiring Jacobs will not be making an economic profit because for them to make an economic profit they would have to be making more than the $400,000 that the other firms make. They cannot make this amount because for them to do so they would have to reduce the amount they pay Jacobs. If they do so, Jacobs would leave for greener pastures and then they would be making the same $400,000 that the rest are making.
Answer:
Current price of the share common stock will be $30
So option (c) will be correct answer
Explanation:
We have given expected dividend 
Required rate of return = 15 % = 0.15
Tax rate = 30 %
Growth rate = 5 %
Beta = 2
We have to find the price of the share
Price of the share is given by 
So current price of the share stock will be equal to $30
So option (C) will be correct answer
Answer:
An example of a situation in which there could be a conflict of interest between an IT consultant’s self-interest and the interests of a client is a delay in duration for completion of a project.
This potential conflict can be addressed by providing a report of activities that have ensued within the time lapse and give reasons for extension of time.
Explanation:
An IT consultant saddled with the responsibility of developing a website for a client could have a disagreement with the client if he does not deliver on the job as at when due.
This could be due to his inability to concentrate on the project as a result of other personal engagements he has which could make him earn more.
To assuage his client's disapproval, he can present a detailed report showcasing the progress on the project and estimate an additional time to complete it.
He must be calm and courteous in his approach no matter how infuriated his client is.
Answer:
d. 6 years
Explanation:
Depreciation is the loss of value of an asset over a period of time. The asset has a useful life period after which it is referred to as scrap.
The value of the asset after it's useful life is called the salvage value.
Useful life of an asset is estimated and deductions in its value are made till the useful life is exhausted.
In this scenario the useful life was initially taken to be 6 years.
After 4 years it was realised a mistake wasade and useful life is supposed to be 10 years
Since useful life of the asset remains contstant, the remaining years of useful life is the real estimate of useful life less years already used.
Remaining useful life = 10 - 4 = 6 years
