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Ahat [919]
3 years ago
10

If a country of 300 million people has a total income of $12 trillion, its per capita income is:

Business
1 answer:
DIA [1.3K]3 years ago
6 0
12,000,000,000,000/300,000,000
Remove 8 zeroes from each value:
120,000/3 = 40000
The per capita income is $4000
So the per capita income is $40000 for every man, woman, and child.
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What role do pawnshops playy in American economy
RUDIKE [14]
Getting rid of old stuff to people who want it instead of throwing it away.
4 0
3 years ago
A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit t
nalin [4]

Answer:

a. Cash for $180

Explanation:

The receipts from the petty cash fund indicate that the owner of the box made purchases adding up to $177. Therefore that money is no longer part of the fund. Since the fund holds $200 and currently only has $20 then to replenish the account the journal entry would need to include a credit to cash for $180 ... ($200-$20=$180)

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
The standard number of hours that should have been worked for the output attained is 6,000 direct labor hours and the actual num
LenKa [72]

Answer:

Actual Rate= $9.5  per hour

Explanation:

Giving the following information:

Actual number of hours= 6,300

Direct labor price variance= $3,150 unfavorable

Standard rate= $9 per direct labor hour

<u>To calculate the actual rate, we need to use the direct labor rate (price) variance formula:</u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

-3,150 = (9 - Actual Rate)*6,300

-3,150 = 56,700 - 6,300Actual Rate

-59,850 = -6,300Actual Rate

-59,850/-6,300 = Actual Rate

$9.5 = Actual Rate

4 0
2 years ago
The sales discounts account is a contra account to the​ ________ account
Gennadij [26K]
The purchases discount account or discounts received account.
6 0
3 years ago
When ruko, a device used to stream movies at home, increases prices by 48% total revenue decreases by 61%?
Free_Kalibri [48]

Answer: Demand is elastic

Explanation:

Total revenue from the sale of a good is negatively related to the price when demand for the good is elastic and positively related to the price when demand for the good is inelastic.

So, as increase in price by 48% decreases total revenue by 61%, therefore the demand for Ruko, a device used to stream movies at home is elastic.

3 0
3 years ago
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