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3 years ago

We use wood to make tables, we we calculate GDP we include the sales of the wood to the table manufacturer.

Business

1 answer:

pickupchik [31]3 years ago

3 0

The GDP is calculated when the sales of the wood to the table manufacturer is True.

Explanation:

The wood is used to manufacture tables, the GDP is calculated when we include the sales of wood to the manufacturer table is true.
The sales of the product that are product outside the country or domestic border is not considered as the Gross Domestic product.
As the names GDP itself implies about the confinement within the domestic borders.
Where as, the illegal sales of good are known as the black market.
GDP also shows that what a country is good at producing a product to uplift economy.
The GDP is accountable for the country's total economic output each year.
All the households, durable and non-durable items, basic necessities all these expenditures are included as GDP is the monetary value of all final products and services provided.

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A customer of a firm enters a foreign market by setting up a manufacturing facility. It tells its suppliers that they will need

marysya [2.9K]

Answer: Piggy backing

Explanation: Piggy back exporting is done by suppliers of a product and entails them supplying a certain function of the business only and just buying the actual product from local sellers. Another option can be that the supplier works with the local seller, and sells the seller's goods on behalf of seller for a commision. The suppliers are known as the carriers and the local sellers are known as the riders.

The customer entering the foregin market is the rider, and the suppliers supplying the parts ahd customer service is the carrier. The customer does not fully need to produce the product from scratch, and is able to acquire this from the suppliers who already have it. The custoemr, who is the rider, is thus able to "ride" on the back of the "carriers" back and ideas set in motion for their product.

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4 years ago

What does partnership form of business imply

stiks02 [169]

The answer should be two or more and central

7 0

3 years ago

Read 2 more answers

Consider a $10,000 machine that will reduce pretax operating costs by $3,000 per year over a 5-year period. Assume no changes in

ki77a [65]

Answer:

A) $83

Explanation:

First, find aftertax OCF per year

aftertax OCF = (Operating benefit - depreciation)*(1-tax) +depreciation

Depreciation per year = 10,000/5 = 2,000

Tax = 34%

aftertax OCF per year = (3,000 - 2,000)*(1-0.34) + 2,000

= 660 +2,000

= 2,660

Next, find the PV of the aftertax OCF per year. It is an annuity;

PMT = 2,660

N = 5

I/Y = 10%

FV = 0

then CPT PV = 10,083.493

Subtract the initial cost of the machine to find the Net Present Value (NPV);

NPV = -$10,000 + $10,083.493

NPV = $83.493

8 0

4 years ago

As it turns out, Brian and Sondra's good fortune with the restaurant has caused their competitors to lose business. In fact, Caj

iren2701 [21]

Answer: Brian and Sondra have, done nothing illegal

Explanation:

Brian and Sondra company are totally in their right, they are not directly involved in the poor fortunes of their competitors.

A rise in sales at Brian and Sondra company led to drop in the sales of their competitors leading to closure of their competitors businesses.

5 0

4 years ago

Hadley, Inc. manufactures a product that uses $18 in direct materials and $5 in direct labor per unit. Under the traditional cos

Rama09 [41]

Answer:

Total Manufacturing cost per unit is $53

Explanation:

Manufacturing cost is the cost used to manufacture a product, both direct and indirect cost incurred in manufacturing process are included. It is the total value of material cost, labor cost and overhead cost.

Direct Material Cost = $18

Direct Labor cost = $5 per hour

Manufacturing overhead applied = $13 per unit

Total Activity rate = $30

Activity based costing is the method of allocation of overhead to the products / department / projects on the basis of uses of activity by each one.As we know that calculating an activity rate which is similar to predetermined overhead rate.

Total Manufacturing Cost = Direct material cost + Direct Labor cost + Manufacturing overhead cost

As we know that calculating an activity rate which is similar to predetermined overhead rate. so the activity rate will be used for overhead expense.

Total Manufacturing Cost = $18 + $5 + $30 = $53 per unit

6 0

4 years ago