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Gelneren [198K]
3 years ago
7

Select all that apply.

Business
1 answer:
ExtremeBDS [4]3 years ago
5 0

Answer:

adding up consumption, investment, government expenses, and net exports

adding up the market prices of final goods and services produced in the US

adding up the incomes of producers and taxes paid to the government

Explanation:

GDP is measured by three approaches, namely production, expenditure, and income.

In the <u>expenditure approach</u>, GDP is obtained by the formula GDP = C + G + I + NX, where c is consumption. G is government spending, I  investment, and NX is net exports.  Net export is the difference between imports and exports. The expenditure approach is also the consumption approach.

The <u>production approach c</u>alculates GDP by adding up the value of finished products. The Approach considers new products meant for consumption to avoid double counting.

The <u>income approach</u> recognizes the fact that expenditure is somebody's else income. Income considered includes wages paid to labor, the return on capital in the form of interest, the rent earned by land as well as corporate profits.

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In its first year of operations, Grace Company reports the following:
ANEK [815]

Answer:

D) $25,000.

Explanation:

The Accrual Basis of Accounting is the process in which income earned or expenses incurred are recorded at the time the transaction takes place, whether or not the cash has been exchanged.

Net Income is derived by subtracting Expenses from Revenue.

N.B. Prepaid Expenses are Advance Payments towards expenses and are a Balance Sheet Items and will not be recorded under Net Income Calculations until the Expenses are realized.

So, The Net Income can be calculated as follows;

Revenue $60,000

Less: Expenses $35,000

Net Income $25,000

Hence Option D will be correct answer.

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5 0
3 years ago
What is digital citizenship?
lesya [120]
Digital citizenship<span> can be defined as the norms of appropriate, responsible behavior with regard to technology use. 1. </span>Digital<span> Access: full electronic participation in society. Technology users need to be aware that not everyone has the same opportunities when it comes to technology.</span>
4 0
3 years ago
What the possible careers in Law​
musickatia [10]

Answer:

Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.

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8 0
3 years ago
​(Yield to​ maturity) The market price is ​$725 for a 16​-year bond ​($1 comma 000 par​ value) that pays 9 percent annual​ inter
wlad13 [49]

Answer:

13.16%

Explanation:

In this question we use the RATE formula i.e shown in the attached spreadsheet

Given that,  

Present value = $725

Assuming figure - Future value or Face value = $1,000  

PMT = 1,000 × 9% ÷ 2 = $45

NPER = 16 years × 2 = 32 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this, the yield to maturity is 6.58% × 2 = 13.16%

6 0
3 years ago
Kristen Lu purchased a used automobile for 8,000 at the beginning of last year and incurred the following operating costs:
love history [14]

Fixed cost per mile 0.32 =(1600+1200+360+40)/10000.

Kristen Lu purchased a second user automobile for 8,000 at the start of last year and incurred the subsequent operatingcosts:8,000atthebeginningoflastyearandincurredthefollowingoperatingcosts ($8,000 ÷5 years) Insurance Garage rent Automobile tax and license Variable operating cost​$ 1.600 $ 1.200 $ 360 $ 40 $ 0.14 per mile​$The variable expense consists of gasoline, oil, tires, maintenance, and repairs. therefore the annual straight-line depreciation is$1,600.

The car is kept in a very garage for a monthly fee. Kristen drove the car 10,000 miles last year. Compute the typical cost per mile of Owning and operating cost of the the car.  What costs above are relevant during this decision? Kristen is considering buying an upscale sports car to interchange the car she bought last year.

She would drive the identical number of miles irrespective of which car she owns and would rent the identical parking zone. The sports car's variable operating costs would be roughly identical because of the variable operating costs of her old car.

learn more about operating cost: brainly.com/question/2115053

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1 year ago
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