The higher a country’s gross domestic product (gdp), the more likely it is that the country is wealthy.
<h3>What is gross domestic product?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
The economic growth rate which measures wealth is the rate at which the nominal GDP of a country increases with the passage of time.
To learn more about GDP, please check: brainly.com/question/15225458
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Answer:
Reduce production
Explanation:
Profit is maximised where marginal revenue equals marginal cost. Because marginal cost is greater than marginal revenue, Kimberly should reduce production unit the point where marginal cost equals $27.
Marginal cost is the increase in cost as a result of increasing production by one unit.
Marginal revenue is the increase in revenue as a result of selling one extra unit of a product.
Answer and Explanation: From the following given case or scenario, we can state that the manager is most likely to said the given because he/she thought that <em>being too critical might put Malcolm on the defensive end and thus hamper his social skills and creativity</em>. Here, in this case the manager asks the other employees not to have a critical review of Malcolm's suggestion and to avoid having an argument on his suggestion.
Answer:
Regency Bank
A = $98577.46
king Bank
A = $81832.68
Explanation:
Given Data:
principle amount =$ 5000
rate of interest = 15%
n =12 {compounded months}
t = 20 year
for Regency Bank
investment amount obtained as
![A =P\times [1 + \frac{r}{n}]^{nt}](https://tex.z-dn.net/?f=A%20%3DP%5Ctimes%20%5B1%20%2B%20%5Cfrac%7Br%7D%7Bn%7D%5D%5E%7Bnt%7D)
![A = 5000 [1 + \frac{0.15}{12}]^{12\times 20}](https://tex.z-dn.net/?f=A%20%3D%205000%20%5B1%20%2B%20%5Cfrac%7B0.15%7D%7B12%7D%5D%5E%7B12%5Ctimes%2020%7D)
A = $98577.46
for King Bank
Investment amount obtained as
Here n = 1
![A = 5000 [1 + \frac{0.15}{1}]^{1\times 20}](https://tex.z-dn.net/?f=A%20%3D%205000%20%5B1%20%2B%20%5Cfrac%7B0.15%7D%7B1%7D%5D%5E%7B1%5Ctimes%2020%7D)
A = $81832.68
Answer:
$1,050,000
Explanation:
Given that,
Sox corporation purchased a 35% interest in hack corporation for $1,750,000.
On November 1, 2018, hack declared and paid dividends = $2.0 million
On December 31, hack reported a net loss during the year = $4.3 million
Carrying value:
= Purchased value - 35%(Dividend value)
= $1,750,000 - (0.35 × $2,000,000)
= $1,750,000 - $700,000
= $1,050,000
Net loss of Sox = 35% of net loss during the year
= 0.35 × $4,300,000
= $1,505,000
Since, the carrying value is less than the net loss of sox. Therefore, the net loss of $1,050,000 to be recognized by the sox corporation.
