Answer:
a. The Federal Aviation Administration expands the runways at Philadelphia International Airport, which is just a few miles from Manuel and Poornima's house.
Identification: Government spending. This is the spending done by government in buying goods and services
b. Poornima buys a new BMW, which was assembled in Germany.
Identification: Imports. These are purchases by domestic consumers from foreign countries
c. Shen in Sweden orders a bottle of Vermont maple syrup from the producer's website.
Identification: Exports. These are purchases by foreign consumers from home countries
d. Manuel's employer upgrades all of its computer systems using U.S.-made parts.
Identification: Investment. It is a part of GDP if made in accumulation of capital and inventory
e. Poornima gets a new video camera that was made in the United States.
Identification: Consumption. This includes consumer's spending on durables and non-durable produced domestically.
Answer:
Dr Rent Expense ($800)
Cr Cash ($800)
Explanation:
Based on the information given we were told that the company pays the amount of $800 on
which was use to lease a copier for their corporate offices this means that we are going to record the Journal entry by Debiting Rent Expense with the amount of ($800) and Crediting Cash with the same amount of ($800).
Dr Rent Expense ($800)
Cr Cash ($800)
Answer:
1. a) $150,000
2. c) $30,000
Explanation:
1) Goodwill of Controlling Interest = Purchase price - (FMV of Net Asset * % ownership)
= $1,600,000 - ( $1,850,000 * 80%)
= $120,000
Total amount of goodwill recognized at the date of acquisition = Goodwill of Controlling Interest / %ownership
= $120,000 / 80%
= $150,000
2. Amount of goodwill to be attributed to the non-controlling interest at the date of acquisition = Total amount of goodwill recognized at the date of acquisition - Goodwill of Controlling Interest
= $150,000 - $120,000
= $30,000
<span>A)10 year bonds
Rosa should invest her money in 10 year bonds to become economically stable from the decrease of interest rates in the next 10 years.
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Pricing discrimination is a strategy in pricing which
charges customers with different prices for the same service or product. The
seller charges every customer with the maximum price the customer is willing to
pay. The seller groups its customers basing on their attributes and
characteristics as buyers.