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Sergio039 [100]
3 years ago
10

The Human Development Index (HDI)) includes _____, but GDP per capita does not. Both measurements can be used to measure the sta

ndard of living in different countries.
how long people live
material goods
country's population
Business
2 answers:
scoray [572]3 years ago
7 0

how long people live

djyliett [7]3 years ago
3 0

The correct answer is A. How long people live.

Explanation

Gross domestic product (GDP) is an economic indicator based on the final value of all the items produced during a year in a country or zone. The Gross Domestic Product per capita is the same indicator, divided by the amount of population of a country to know the level of welfare offered by that country, also it serves as a comparison between countries to categorize them. On the other hand, the Human Development Index (HDI) is an indicator that expresses the level of development of each country using variables such as life expectancy, education or per capita income. This means, both the GDP and the HDI measure the economy and development of a country, but in the case of the GDP this does not consider the life expectancy or how people live; also, it does not consider education and related elements to the population.

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Lisa Smith decided to start her CPA practice as a professional corporation, Smith CPA, PC. The corporation purchased an office b
Over [174]

Answer:

B. Historical cost principle

Explanation:

In accounting, historical cost principle indicates that a business or an organization must record and account for both assets and liabilities at their purchase or buying price. In points that during bookkeeping, while recording the worth of an assets, the purchase price used in buying it must be recorded. Here, Lisa bought the building for $35000 but recorded $50000 because she believes that to be the real value. By doing so, lisa has violated the historical cost principle concept.

4 0
3 years ago
One disadvantage of the corporate form of business ownership is the:
Sliva [168]

Answer:

The correct answer is letter "D": double taxation of distributed profits.

Explanation:

A Corporation is an entity, typically with specific characteristics of a large business. Corporations are considered to be separate legal entities from their owners. This implies double taxation for profits: <em>one filing for corporate taxes and the other individually when the profits are distributed</em>.

4 0
3 years ago
Several line items and account titles are listed below. For each, indicate in which of the following financial statement(s) we w
Ainat [17]

Answer:

a. Cash asset - Balance Sheet (BS) and Statement of Cash Flows (SCF)

Cash is recorded as an asset in the balance statement and derived from the statement of cash flows.

b. Expenses - Income statement (IS)

Expenses are deducted from revenue in the income statement to come up with Net Income.

c. Non-cash assets - Balance Sheet (BS)

Non-cash assets are recorded in the balance sheet as all assets are.

d. Contributed capital - Balance Sheet (BS) and Statement of stockholders' equity (SE)

Contributed capital from shareholders will appear in the equity section of the balance sheet and in the statement of equity.

e. Cash outflow for capital expenditures - Statement of Cash Flows (SCF)

This is a Cashflow statement entry under Investing activities.

f. Retained earnings - Balance Sheet (BS) and Statement of stockholders' equity (SE)

Retained earnings will go into the balance sheet and the statement of equity.

g. Cash inflow for stock issued - Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

Cash inflow from stock issued will be recorded in the financing section of the cashflow statement as well as in the statement of stockholder equity.

h. Cash outflow for dividends - Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

Cash outflow from dividends issued will be recorded in the financing section of the cashflow statement as well as in the statement of stockholder equity.

i. Net income - Income statement (IS), Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

Net income is derived from the Income statement and used in the statement of cashflow as well as the equity statement.

6 0
3 years ago
Tim is a member of the sales department at FreshOveggie, a gourmet grocery store. One of hismajor tasks includes sending e-mails
Zina [86]

Answer:

D.

Explanation:

Variety of sales jobs: There are hundreds, maybe thousands, of different types of sales positions. Almost every good or service you know of has a salesperson who sells it to one or more people.

Types of sales jobs:

-Retail sales person. Sells goods or services to consumers for their personal use.

-Wholesale sales person. Buys products from manufactures and sell to other organizations.

-Manufacturer’s sales representative, typically sell directly to wholesalers or retailers.

-Order taker: usually will ask the customer what he/she wants or wait for the customer to order. They do NOT have a sales strategy and often use no sales presentation. Example: think of a waiter.

-Order getter: get new and repeat business using creative sales strategies and a well-executed sales presentation.

8 0
3 years ago
The Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 3,840 liters in begi
trapecia [35]

Answer:

Total equivalent units of materials  = 64,652

Explanation:

<em>Equivalent units are useful to apportion cost between work in progress and completed units. They are notional whole units which represent incomplete work</em>

Equivalent Units = Degree of work completed (%) × inventory units

Fully worked = 64,880- 3,840= 61,040

I<em>tems                        units         workings              Equivalent units</em>

Opening inventory   3,840         3840× 70% =    2,688

Fully worked             61,040       61,040× 100 =    61,040

Closing WIP               5,160           5,160× 70% =   <u>3,612</u>

Total equivalent units of materials                     <u>   64,652</u>

Total equivalent units of materials  =64,652

4 0
3 years ago
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