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3 years ago

The difference between nominal GDP and real GDP is that:

Business

1 answer:

Elenna [48]3 years ago

4 0

Answer:

a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.

Explanation:

The nominal GDP is calculated by using current prices without adjusting the inflation factor int the prices of goods that are accounted for in the total GDP value. On the other hand the real GDP is calculated by adjusting inflation int he pricesof the goods which included in total GDP value. So the correct option is a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.

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Kenny Lauren want to establish a nonprofit organization to help orphans find adoptive homes. They know that they will need a lar

Vsevolod [243]

Answer: C - Crowdfunding

Explanation: Investors, loans, and selling products and services would not gain them enough financial support, whereas crowdfunding will in an efficient way.

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3 years ago

The following amounts were taken from the financial statements of Crane Company: 2017 2016 Total assets $790000 $900000 Net sale

Oksanka [162]

Answer: 8%

Explanation:

Profit Margin = Net income / Net sales

2017 Net income ⇒ $54,400

2017 Net Sales ⇒ $680,000

Profit Margin₂₀₁₇ = 54,400/680,000

= 0.08

= 8%

8 0

3 years ago

Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $16

Flura [38]

Answer

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Step-by-step explanation:

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3 years ago

________ raise capital mainly from high net-worth individuals, and they are generally privately held

gayaneshka [121]

The answer to this question is hedge-fund. In hedge-fun, the capital owner isn't involved in determining to which companies the money will be invested into. All hedge-funes usually appoint one hedge-fund manager that will be responsible in calculating all the risk and opportunities from potential investment and use the accumulated capital to buy ownership.

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3 years ago

Eppich Corporation has provided the following data for the most recent month: Raw materials, beginning balance $ 20,500 Work in

Nesterboy [21]

Answer:

Raw Materials T - Account

Debit :

Beginning Balance $ 20,500

Raw materials purchases $ 79,100

Total $99,600

Credit :

Raw materials used in production $ 77,900

Closing Balance $ 21,700

Total $99,600

Overheads T - Account

Debit :

Manufacturing overhead costs incurred $ 92,500

Totals $ 92,500

Credit :

Manufacturing overhead applied $ 72,800

Understatement of Overheads $ 19,700

Totals $ 92,500

Work In Process T - Account

Debit :

Beginning Work In Process $ 32,800

Raw materials $ 77,900

Direct Labor $ 52,800

Manufacturing overhead applied $ 72,800

Totals $236,300

Credit :

Transferred to Finished Goods $ 190,000

Ending Work In Process $46,300

Totals $236,300

Finished Goods T - Account

Debit :

Beginning Balance $ 50,800

Transferred from Work In Process $ 190,000

Totals $240,800

Credit :

Trading Account $ 221,700

Ending Balance $ 19,100

Totals $240,800

Cost of Goods Sold = $241,400

Explanation:

Cost of Goods Sold = $ 221,700 + $ 19,700 (under-applied overheads)

= $241,400

6 0

3 years ago