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SCORPION-xisa [38]
3 years ago
5

There are innovations involving new ways to produce and conserve energy. If we can turn this new technology into marketable prod

ucts and services that produce energy to run our businesses and homes, the U.S. could see a surge in output of goods and services. What would be measured to document this surge?
Business
1 answer:
lbvjy [14]3 years ago
8 0

Answer:

The correct answer is Gross Domestic Product.

Explanation:

GDP measures the total production of goods and services in a country, so its calculation is quite complex. We need to know and add up all the final goods and services that the country has produced. That is to say the production of apples, milk, books, boats, machines and all the goods that were produced in the country, up to the services of a taxi, a dentist, a lawyer or a teacher, among others. Some data is not included simply because it cannot be counted or known. For example, self-consumption goods or the so-called underground economy for example.

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On June 3, Swifty Company sold to Chester Company merchandise having a sale price of $3,300 with terms of 2/10, n/60, f.o.b. shi
goldfiish [28.3K]

Answer:

The Journal Entry and their narrations is shown below:-

Explanation:

The Journal entry is shown below:-

a. 1.Accounts Receivable Dr, $3,300

                   To Sales  $3,300

(Being sales is recorded)

Cash Dr, $3,234

Sales Discount Dr,  $66

(3,300 × 2%)

            To Accounts Receivable $3,300

(Being Payment received is recorded)

2. Accounts Receivable Dr, $3,234

=(3,300 × 0.98)

            To Sales $3,234

(Being sales is recorded)

Cash Dr, $3,234    

        To Accounts Receivable $3,234  

(Being payment received is recorded)

b. Cash Dr, $3,300  

       To Accounts Receivable $3,234  

        To Sales Discounts Forfeited 66

(Being payment received is recorded)

4 0
2 years ago
Grace Owen formed a corporation with three of her friends for purposes of operating a catering company. Grace used her own check
andrezito [222]

Answer:

Grace is incorrect because of the veil and alter ego theory

Explanation:

In this scenario Grace formed a corporation along with her three friends. As a result of catering services offered guest became ill and sued Grace and the other owners for damages.

According to the alter egos theory personal liability can be invoked on the owners of a corporation or its limited liability members.

Alter ego theory is used to penetrate the corporate veil that protects shareholders. Personal liability can be assigned on the business owner as it is in this case against Grace and the other owners.

7 0
2 years ago
According to entry-level analysis project (elap) statistics, what percentage of therapists are leaving the profession in the fir
Soloha48 [4]
<span>According to the ELAP report 40%-50% of therapists are leaving this profession with in 24 months or 2 years after the graduation. the report also says this was due to the unrealistic expectations about the physical demands of massage work.</span>
6 0
3 years ago
Oriole Family Instruments makes cellos. During the past year, the company made 6,630 cellos even though the budget planned for o
Setler [38]

Answer:

Direct Labor rate Variance  $ 24840 Unfavorable

Labor Efficiency  Variance  $23520 favorable

Explanation:

Direct Labor rate Variance = Actual Hours * Actual Rate- Actual Hour * Standard Rate

Direct Labor rate Variance = 24840*15- 24840*14

                                                = 372600- 347760    

                                            = $ 24840 Unfavorable

Labor Efficiency  Variance =  Actual Hours * Standard Rate- Standard Hour * Standard Rate

Labor Efficiency  Variance =  24840*14- 4*6630*14

                                           =  24840*14- 26520*14

                                         = 347760 - 371280= $23520 favorable

7 0
2 years ago
When silicon chips are fabricated, defects in materials (e.g., silicon) and manufacturing errors can result in defective circuit
lakkis [162]
<span>"Stuck-at-0 fault" is a term used to describe what fault simulators use as a fault model to simulate a manufacturing defect. When "stuck-at-fault-0" occurs, one of the wires is broken, and will always register at logical 0</span>
6 0
3 years ago
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