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3 years ago

The existence of the underground economy causes gross domestic product (gdp) statistics to _____

1 answer:

6 0

The existence of the underground economy causes gross domestic product (gdp) statistics to understate the true volume of economic activity. An underground economy unrecorded and untaxed economic activity by the government. An underground economic is also known as the black market. Gross domestic product also know as GDP is the total value of goods and services provided in a country during one year.

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On January 1, 2016, the Accounts Receivable balance was $28,100 and the balance in the Allowance for Doubtful Accounts was $3,20

g100num [7]

Answer:

Net Accounts receivable = $24900

so correct option is c) $24,900

Explanation:

given data

Accounts Receivable balance = $28,100

Doubtful Accounts = $3,200

uncollectible account = $940

to find out

net realizable value of accounts receivable immediately

solution

we get here first Accounts receivable that is

Accounts receivable = Accounts Receivable balance - uncollectible account ...............1

Accounts receivable = $28,100 - $940

Accounts receivable = $27160

and

allowance will be here

allowance = Doubtful Accounts - uncollectible account .................2

allowance = $3,200 - $940

allowance = $2260

so Net Accounts receivable is

Net Accounts receivable = $27160 - $2260

Net Accounts receivable = $24900

so correct option is c) $24,900

4 0

3 years ago

In the securitization process, mortgages are pooled together and cash flows are packaged into securities to be sold in the secon

Lemur [1.5K]

Answer: Option (C)

Explanation:

Mortgage-backed security is referred to as an investment which is quite similar to the bond that is formed from the accumulation of home loan which are bought from several commercial banks. The investors indulged in the Mortgage Based Security tend to earn a periodic payment which are similar to the bond coupon. These securities are often referred to as the conduits.

3 0

2 years ago

A perfectly competitive market has? a. only one seller. b. at least a few sellers. c. many buyers and sellers. d. firms that set

Ghella [55]

A perfectly competitive market has many buyers and sellers (option c).

<h3>What is a perfectly competitive market ?</h3>

A perfectly competitive market is a market where there are many buyers and sellers of identical goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry. These makes buyers and sellers price takers.

An example of a perfectly competitive market is the market for tomatoes.

To learn more about perfect competition, please check: brainly.com/question/17110476

#SPJ1

3 0

1 year ago

Country Talmar produces 100,000 cars during a particular year. The market price of cars in Talmar is $5,000. In a recent meeti

KengaRu [80]

Answer:

e. There is a deadweight loss at the given production level.

Explanation:

A deadweight loss, also known as excess burden or allocative inefficiency, is a loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved.

8 0

2 years ago

Speedy motors LDT<br>identify the micro and the macro challenges of SM from the scenario

solniwko [45]

Based on the fact that Speedy Motors is in the automotive industry, some micro and macro challenges include:

Macro challenges - Government regulation and Economic growth.
Micro challenges - Lack of liquidity and Retaining good labor.

<h3>What are micro challenges?</h3>

Micro challenges are those that affect a company alone and not the economy.

Companies in the automobile industry face the micro challenge of having poor liquidity because cars might not be sold fast enough. They also have issues with retaining good labor which can help them remain competitive.

<h3>What are macro challenges?</h3>

These affect the economy and industry at large and so affect the company as well.

Some challenges here include government regulation that is aimed at reducing pollution. This will force an auto company to invest in more expensive equipment to comply.

If economic growth is poor, a car company will experience less sales as well.

In conclusion, there are several challenges affecting Speedy Motors.

Find out more on the macro perspective at brainly.com/question/3558688.

8 0

1 year ago