Answer:
$183,000
Explanation:
Advanced Company
<u>Income Statement for the year - absorption costing</u>
Sales ($71 x 21,000 units) $1,491,000
Less Cost of Sales ($1,008,000)
Gross Profit $483,000
Less Expenses
Operating expenses ($300,000)
Net Income $183,000
where,
Cost of Sales = Units Sold x Product Cost
= 21,000 x $48
= $1,008,000
Product Cost = all manufacturing costs (absorption costing)
= $19 + $21 + $3 + ($175,000 ÷ 35,000)
= $48
The correct answer is irritation or annoying possible consumers.
Social media is today's news and networking; try as hard as you can to advertise there.
There can never be too many ads. As I am answering this, two ads are above me and two ads are to my right.
Click to sale is very efficient.
Answer: See explanation
Explanation:
a. Consumption = $670 + (30 × $75)
= $670 + $2250.
= $2920
Consumption is $2920
b. Investment = 0
c. Government Purchases = 0
d. Imports = Amount spent on foreign good = 30 × $75 = $2250
e. Exports = Amount of local goods sold to other countries = $100 × $45 = $4500
f. Net Exports = Export - Import
= $4500 - $2250.
= $2250
g. Gross Domestic Product (GDP)
= C + I + G + (X - M)
= 2920 + 0 + 0 + (2250)
= $2920 + $2250.
= $5170
Answer:
A nation's GDP is______D________.
A) The sum of value added at some stage of the production process
B) The total amount of money in circulation
C) The total market value of all intermediate goods and services
D) C+I+G+(X-M)
Explanation:
A nation's GDP( Gross Domestic Product) can be explained in such that if a nation produces goods and services at a given period of time the nation's GDP is the market value of the goods and service produced at the given time.GDP of a nation is measred in two ways either expenditure approach or income approach. based on the question the Expenditure approach is used in the definition C+I+G+(X-M)
C ....... CONSUMPTION
I............INVESTMENT
G........... GOVERMENT PURCHASE
X-M............ NET EXPORT
