Answer:
The correct answer is: expressed in the prices of a base year.
Explanation:
Real GDP is an inflation-adjusted measure to calculate changes in economic output. It calculates the value of final goods and services produced in an economy in a year expressed in the prices of a base year.
Real GDP does not include changes in the price of products as it is calculated at constant prices.
Nominal GDP, on the other hand, is calculated on the basis of current prices. It includes changes in prices and is not inflation-adjusted. That is why real GDP is preferred over nominal GDP.
Answer:
$58,740
Explanation:
The computation of the cash paid is shown below:
For March month
= March purchase × remaining percentage
= $53,000 × 80%
= $42,400
For April month
= April purchase × given percentage × after applying cash discount
= $86,000 × 20% × 95%
= $16,340
So, the total amount of cash paid would be
= $42,400 + $16,340
= $58,740
Simply we multiply the monthly percentage with their percentage criteria
Answer:
A) $704,000.
Explanation:
For computing the cash payments we need to calculate the following amounts which are as follows
Total purchases = cost of goods sold + ending inventory - opening inventory
= $720,000 + $188,000 - $200,000
= $708,000
Now cash payment to merchandise is
= Beginning account payable balance + purchased made - ending account payable balance
= $80,000 + $708,000 - $84,000
= $704,000
Hence, the correct option is A. $704,000
Answer:
Results in a transfer of retained earnings to common stock and additional paid-in capital.
Explanation:
A stock dividend can be defined as the dividend which is distributed to shareholders on the basis of their percentage of ownership. Stock dividend is paid in form of shares and not in form of cash.
A stock dividend can also be described as a dividend payment paid by a company to its existing stakeholders from the profit or earnings that has been derived from the company during a financial year period.
The main advantage of stock dividend is that taxes will not be paid on the stock dividends until the shares have been sold.
Answer:
d. consumption, investment, government consumption and gross investment, and net exports.
Explanation:
GDP = PFCE + GFCE + GDCF + NX
By Expenditure method, GDP = expenditure by all sectors of economy - households, private firms, government, rest of world ; i.e :-
Private Final Consumption Expenditure (Consumption) + Government Final Consumption Expenditure (Government Consumption) + Gross Domestic Capital Formation (Gross Investment) + Net Exports
