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qaws [65]
4 years ago
7

Gross Private Domestic Investment 75, U.S. Imports 22, Personal Consumption Expenditures 250, Consumption of Fixed Capital 25, N

et Foreign Factor Income 10, Statistical Discrepancy 0. Refer to the accompanying data (all figures in billions of dollars). GDP is:________.
Business
1 answer:
Rama09 [41]4 years ago
7 0

Answer: Gross Domestic Product (GDP) = 250 + 75 - 22 = $303 billion

Explanation:

Gross Private Domestic Investment 75

U.S. Imports 22

Personal Consumption Expenditures 250

Gross Domestic Product (GDP) = 250 + 75 - 22 = $303 billion

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Seaworthy Designs manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled
VARVARA [1.3K]

Answer:

$76,000

Explanation:

If we are going to prepare a flexible budget we need to calculate how much Seaworthy should have spent in labor costs in order to produce 2,000 units:

labor cost = 2 hours per unit x $19 per hour x 2,000 units = $76,000

If we compare the flexible budget to Seaworthy's actual costs, we will find an unfavorable variance of $250,000 (=$326,000 - $76,000). Obviously something went wrong with Seaworthy's production.

3 0
3 years ago
A hardware store owner placed an advertisement for Sylvania LED bulbs in the local newspaper. Sylvania provided the storeowner w
Zolol [24]

Answer:

cooperative advertising

Explanation:

Based on the scenario being described within the question it can be said that Sylvania was using cooperative advertising to promote its products. This refers to when a retailer/wholesaler and a manufacturer share the costs for locally placed advertisements. Such as Sylvania is doing by paying 50% of the advertisement, mainly because it also benefits them to place their sample advertisements as well.

3 0
3 years ago
The transatlantic flow of people and goods such as corn, potatoes, horses, and sugarcane is called:
Bess [88]

Answer:

b. the Columbian Exchange.  

Explanation:

The transatlantic flow of people and goods such as corn, potatoes, horses, and sugarcane is called the Columbian Exchange.

The Columbian exchange or interchange, refers to the monumental flow of humans, plants and animals between the continents of North and South America and West Africa; and was named after Christopher Columbus.

The Columbian interchange has been documented to have taken place in the in the 15th and 16th centuries: also referred to as 'the old world'

6 0
3 years ago
Keisha Tombert, the bookkeeper for Washington Consulting, a political consulting firm, has recently completed a managerial accou
Mekhanik [1.2K]

Answer:

The relevant costs to go into this schedule of cost of contract services performed will be those that are directly related to contract work.

Administrative costs are not to be included in the schedule but will instead go to the Income statement.

8 0
3 years ago
David works for a cookie company downtown. He earns $7 per hour. In a typical week, he works 22 hours. His employer provides ove
Mariulka [41]

Answer:

$242

Explanation:

Calculation to determine How much can David make this week

Earnings for David =( 22*$7) + (1100*8%)

Earnings for David=$154*$88

Earnings for David= $242

Therefore How much can David make this week is $242

4 0
3 years ago
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