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MrRa [10]
2 years ago
13

Which of the following accounts would not be included in the Acquisition and Payment for Long-Lived Assets Cycle? a. Revenue. b.

Gain on disposal.
Business
1 answer:
velikii [3]2 years ago
7 0

Answer:

The correct answer is A

Explanation:

Acquisition and Payment Cycle, also called as the PPP cycle for which the payments, purchases and payables, is mainly comprise of the two classes of the transaction. This cycle is regarding the payables and to pay off the payables with cash.

Acquisition and payment of the long lived assets, which are those assets, the business retain for at least one year. The revenue will not be included in the cycle because it is related to the payables.

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Katniss works for the Panem Bureau of Economic Analysis. Panem produces three goods: bread and axes, as well as wheat, which is
Wewaii [24]

1. Assuming Panem does not produce anything else in 2020, GDP = 78500

2. Panem's per capita GDP growth is 7.55%

1. We have the following data to answer this question

9,000 loaves of bread = $6

2250 wheat = $2

400 axes = $50

<u>We have to first calculate for </u><u>GDP.</u>

GDP stands for gross domestic produce. This is the total sum of goods and services that were made in a particular area at a particular time.

GDP = price * product

Bread = 9000*6 = 54000

wheat = 2250 * 2 = 4500

axes = 400 * 50 = 20000

∑GDP = 54000 + 4500 + 20000

= <u>$78500</u>

Therefore if Panem does not produce anything else in 2020 GDP =  $78500

2. <u>We have to find the </u><u>GDP per capita</u>

\frac{GDP}{Population}

=\frac{78500}{200}

= 392.5

<u>The GDP increased by</u> 14%

= 78500 * 1.14

= 89490

<u>Population grew to </u><u>212</u>

\frac{89490}{212}

= 422.12

<u>The percentage</u><u> increase </u>

= (\frac{422.12}{392.5} -1)*100

= 7.55%

Read more on brainly.com/question/24886396?referrer=searchResults

5 0
1 year ago
Is it possible for a country to have a comparative advantage in producing a good without also having an absolute​ advantage? A c
arlik [135]

A country would have a comparative advantage to produce a good if the cost of producing this good, even if it produces efficiently, is higher than that of other countries.

Explanation:

The Competitive Vantage Principle explains how an individual produces more commodities and uses fewer goods with a comparative advantage under freer trade.

For example, the comparative advantage of oil-producing countries in chemical products. Compared to countries that are not there, the local manufactured oil is a cheap source of chemicals.

It can produce products with fewer resources, which offers countries a comparative advantage at lower incentive costs. The PPF's gradient reflects the cost of output capacity. Improving one good's production means producing less of one.

8 0
3 years ago
Compose thoughtful answers to the following "developmental difficulties." Explain how you would use your understanding of one of
abruzzese [7]

Answer:

(a) Here the child is going through a Sensorimotor stage of cognitive development in Piaget's stages. A child basically becomes more familiar to the people whom they see and interact everyday as compared to the people whom they meet once in a while. That's the reason why they are resistant towards these people and act differently as they don't feel secure with them. It will take him time to become comfortable. To gain child's confidence and trust it is important to treat him with care and love. To ease out the situation for the child and to make child interactive to the aunt, I would make sure that child sees his parents communicating and interacting with the aunt so that he is not afraid of her.

(b) Here child as per the Erikson's theory is in the stage of Autonomy vs. Shame. In this stage, the children feel that to get Parents attention they have to behave in a certain manner. In this case, I would try to ignore her activities and would make her engage in some other activities of her interest like toys, games or videos.

(c) Infant daughter is in the first stage of development i.e Sensorimotor stage. In this stage according to Piaget newborns explore the surrounding through their senses. There is nothing to worry about this, as it is completely normal. In this case what I can do is to avoid unwanted mouth to object interaction of the things that are injurious to her and will try to convey her that these things are not good through bad facial expressions. Also, till the time child is in this age, I will try to keep the home clean and safe as much as I could.

(d) According to Erikson's stages of development, this stage is called Industry vs. Inferiority stage. The child becomes comparatively more confident and skilled in baseball than mathematics. That's why he focuses on the activity in which he is more comfortable and capable.

In this case, I would encourage him to improve his skills. It is important at this to become friendly to the child and let him do the activities which he likes, otherwise, he will mental pressure. I will give him personal tutoring of maths and at the same to develop his interest in the subject, baseball can be used as a reward. In the meanwhile of studies, we can have an interesting conversation about baseball as well.

5 0
3 years ago
The value of the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding is call
lara [203]

Answer:

Net Asset value (NAV)

Explanation:

Net Asset value (NAV) represent per share market value of the fund.It is calculated using the below formula

Net Asset value of fund=Value of mutual fund's portfolio-Mutual fund liabilities/Number of share outstanding.

Mutual fund portfolio normally includes all the cash and securities of a fund.

NAV is normally computed at the end of the end of each trading day based on the closing market prices of the fund portfolio.

6 0
3 years ago
Hushovd Iron Works has collected the following data for its Thunderbolt line of​ products: Direct materials standard 15 pounds p
Hitman42 [59]

Answer:

The direct material quantity variance is $10,800 favourable.  (the options in the question are not correct).

Explanation:

The direct materials quantity variance represents a difference between what was actually produced and the standard or idea that should have been produced especially with regards to the use of direct materials.

To calculate material quantity variance

Step 1:Calculate the Standard Usage of Material

Formula= (Actual Units of Finished goods Purchased x Standard Price of Material per unit)

= 4,000 units x 15 Pounds

= 60,000 Pounds

This means the standard material usage is 60,000 pounds

Step 2: Now calculate the Direct Material Quantity Variance

Formula= (Standard Material Usage - Actual Material Usage) x The Standard Price per Unit of Material

= 60,000 pounds (computed in step 1) - 40,000 pounds (given in the question)

= 20,000 pounds x $0.54

=$10,800

Since the standard Material is higher than the actual material usage, it means that the answer is as follows;

The direct material quantity variance is $10,800 favourable.

Kindly note that the multiple options in the question above are for a different set of figures and a different question.

6 0
2 years ago
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