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finlep [7]
3 years ago
10

An organization estimated that in a particular year the population of a country spent ​$10.4 trillion in personal consumption. T

he major categories of these expenditures are durable goods ​($1.7 ​trillion; for​ example, cars,​ furniture, recreational​ equipment), nondurable goods ​($2.4 ​trillion; for​ example, food,​ clothing, fuel), and services ​($6.2 ​trillion; for​ example, health​ care, education,​ transportation). What is the approximate annual per capita spending for personal​ consumption? Assume a population of 310 million.
Business
1 answer:
navik [9.2K]3 years ago
8 0

Answer:

The approximate annual per capita spending for personal​ consumption is $30,145 person per year

Explanation:

The formula to compute the approximate annual per capita spending for personal​ consumption is shown below:

= Total amount which country has spent in a particular year ÷ Total population

Since the population amount is 310 million and the total amount spent is $10.4 trillion

So, we have to convert the million to trillion

So, the revised population would be

= 345 ÷ $1000,000 = 0.000345 trillion

Now put these values to the above formula

So, the answer would be equal to

= $10.4 trillion ÷ 0.000345 trillion

= $30,145 person per year

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Answer:

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Explanation:

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3 years ago
Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common stock outstanding. The comm
Lyrx [107]

Answer:

The answer is:

A. Yes

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C. 3.43

Explanation:

A. Yes, the warrants is dilutive because the average market price($15) is higher than option price($10).

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= $360,000 ÷ 100,000 shares

= 3.6

C. First we need to find the incremental shares. The formula is:

[(average market price - option price) ÷ average market price]x number of shares

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6 0
3 years ago
The wireone company manufactures high-quality coated electrical wire in two departments, weaving and coating. materials are intr
storchak [24]
<h2><u>Answer:</u></h2>

Equal Units; Assigning Costs—Weighted-Average Method [LO2, LO3, LO4, LO5] The WireOne Company makes high caliber covered electrical wire in two offices, Weaving and Coating. Materials are presented at different focuses amid work in the Weaving Department.

After the weaving is finished, the materials are moved into the Coating Department, where strength plastic covering is connected. Chosen information identifying with the Weaving Department amid May are given underneath:

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6 0
3 years ago
At what value should the land be recorded in clementine repair service records?
adell [148]

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This means that Clementine bought the land for $369,500 which makes it the cost price.

They should therefore record it at $369,500.

6 0
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