Answer:
a service, that will be counted as part of GDP.
Explanation:
Gross domestic product is a sum total of all goods and services produced by a country in a given period.
GDP only measures market transactions that involves a goods or service provider and a consumer.
Mowing your lawn by yourself is not measured as part of GDP since it is non commercial.
However when you hire Larry's Lawn Service and pay them to mow your lawn, this is a GDP item.
Answer:
C) 2.57%
Explanation:
Pet World's net cash flows:
<u>Year </u> <u>Cash flow</u>
0 -$9,500
1 $2,000
2 $2,025
3 $2,050
4 $2,075
5 $2,100
In order to find the rate of return we can use an excel spreadsheet and the IRR function =IRR (values,[guess]) =IRR (-9500,2000,2025,2050,2075,2100)
=IRR = 2.57%
Answer:
$210,000.
Explanation:
Given:
Cost of goods sold = $420,000
Sales revenue = $800,000
Operating expenses = $170,000
Question asked:
What amount will the company report for operating income ?
Solution:
As we know, Operating Income = Gross Profit- Operating Expenses
First of all we will find gross profit,
Gross Profit = Net Sales – Cost of goods sold
= $800,000 - $420,000
= $380,000
Now, Operating Income = Gross Profit- Operating Expenses
= $380,000 - $170,000
= $210,000
Therefore, consider the following year-end information for a company, its Operating Income is $210,000.
Shares are traded on a stock exchange
Answer:
Exorcism
Explanation:
An exorcism is he expulsion (getting rid of) or attempted expulsion of a supposed evil spirit from a person.