Answer:
Explanation:
The money spent on domestically produced final goods and services: is equal to GDP.
<u>Gross domestic product, or GDP, is the total value of all final goods and services produced in the economy during a given year. </u>
GDP is used as a measure of the size of an economy and can also be used to compare the economic performance in other countries.
Answer:
A liability account in the balance sheet.
Explanation:
When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;
Debit Cash account
Credit Unearned/Deferred rental revenue
The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.
As such, the collection of rent in advance is A liability account in the balance sheet.
Answer:
Emma Burnley has a wide span of control
Explanation:
Span of control is defined as the number of subordinates that are directly reporting to a manager . It can be narrow or wide depending on the number of reporting employees.
In a situation where a large numbers and layers of employee report to a particular manager , it is called a wide span of control
Employees get more responsibilities with less supervision and get motivated. However , the manager might just get overworked and have trouble making decision.
Answer: ER(P) = Rf + β(Rm-Rf)
6 = 5 + β(17-5)
6 = 5 + β(12 )
6 - 5 = 12β
1 = 12β
β = 1/12
β = 0.083
Explanation: In determining the Beta of the stock, we need to apply capital asset pricing formula and then make Beta the subject of the formula. Other variables will be substituted with the exception of Beta, which becomes the subject of the formula.
