Answer:
The answer is true.
Explanation:
Retained Earnings are profit not distributed to shareholders inform of dividends. Retained earnings are adjusted a record or an entry impacts revenue or expense account.
If the sum of the Ending balance(s) in the revenue account(s) is greater than the sum of the ending balances in the expense accounts, then retained earnings, this means the net inflow is positive and this remaining sum goes into the retained earnings.
Answer:
C
Explanation:
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
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Nominal GDP is GDP calculated using current year prices.
If nominal GDP increases, it can be as a result of an increase in price level or an increase in output
for example,
In economy A, price in year 1 is 10 and price in year 2 is 20. Output in both years is 20
Nominal GDP in year 1 = (10 X 20) = 200
Nominal GDP in year 2 = (20 X 20) = 400
It can be seen that nominal GDP increased even though output did not increase
Assume that in economy B, price in year 1 and 2 is 10. Output in year 1 is 100 and output in year 2 is 200
Nominal GDP in year 1 = (10 x 100) = 1000
Nominal GDP in year 2 = (10 x 200) = 2000
Increase in nominal GDP in this economy is as a result of an increase in output
Answer:
1. 15.40%
2. 3.85%
3. 16.31%
Explanation:
1. Nominal rate = Interest rate
Nominal rate = 15.40%
The Nominal rate of the investment is 15.40%
2. Periodic rate = Nominal rate / Number of time compounded in year
Periodic rate = 15.40 / 4
Periodic rate = 3.85%
The Periodic rate of the investment is 3.85%
3. Effective interest rate = (1 + Nominal Rate)^n - 1
Effective interest rate = (1 + 015.40%/4)4 - 1
Effective interest rate = (1 + 0.1540/4)^4 - 1
Effective interest rate = (1 + 0.0385)^4 - 1
Effective interest rate = 1.0385^4 - 1
Effective interest rate = 1.16312396 - 1
Effective interest rate = 0.16312396
Effective interest rate = 16.31%
The Effective Annual Rate of the investment is 16.31%
Answer:
False
Explanation:
Few of the characteristics of administrator account that a member of administrator group doesn't have is that an administrator account cannot be removed from administrators group, it cannot be locked out/deleted due to incorrect logon attempt and it has a blank password by default.
With this, a member of the administrator group does not have all the characteristics of the administrator account.
Answer:
stem from cost-saving strategic fits along the value chains of related multiple businesses.
