Answer: True
Explanation:
When a sector contributes a significant amount to GDP suffers a shock, the GDP of the nation will be shocked as well. Proportionally it goes that the greater the shock to the sector, the greater the shock to the GDP.
For instance, Agriculture contributes a significant amount to GDP. If a drought were to hit that reduced harvests by 50%, the GDP will suffer a huge shock as well because the contribution from Agriculture will be significantly less.
It can be assumed that $104 worth of Supplies have been used?
Answer:
Option (A) is correct.
Explanation:
Given that,
After-tax IRR on total investment in the property = 9.0%
Before-tax IRR on equity invested = 17%
Before-tax IRR on total investment in the property = 12%
t: Marginal tax rate = 0.40
Break Even Interest rate (neither favorable nor unfavorable):
= After tax IRR on total investment ÷ (1 - Tax rate )
= 9% ÷ (1 - 0.40)
= 9% ÷ 0.60
= 15%
Answer:
A
B
C
D
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Weighted average cost method calculates the cost of goods sold as the weighted average of cost of inventory
In periods of rising prices, later purchased goods would have a higher price. As a result, LIFO would report a lower net income while companies using FIFO would report the highest gross profit and net income.
Because of the high net income reported under FIFO, tax paid would be the highest too
Answer:
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