Answer:
C. subtracted from the bank balance
Explanation:
A service fee is an amount charged by banks for services rendered. It is an income to the bank but an expense to the business. The banks deduct service fees automatically from the customer's accounts. The amounts and the date that a service fee has been charged reflects as a deduction on the customer's bank statement.
In reconciliations, the service fee should be deducted from the bank's balance. It is money that belongs to the bank and should reduce the customer's bank balance.
Answer:
a. $343.7 billion
b. $331.9 billion
c. $334.1 billion
Explanation:
The computation is shown below:
a. For GDP
GDP = Personal consumption expenditures + Government purchases + Net private domestic investment + Consumption of fixed capital + net exports
where,
Net exports = U.S. exports of goods and services - U.S. imports of goods and services
= $17.8 - $16.5
= $1.3 billion
So, the GDP would be
= $219.1 + $59.4 + $52.1 + $11.8 + $1.3
= $343.7 billion
b. For NDP
NDP = GDP - Consumption of fixed capital or depreciation
= $343.7 - $11.8
= $331.9 billion
c. For NI
NI = GDP + Net foreign income
= $331.9 billion + 2.2 billion
= $334.1 billion
All values are in billions
Answer:
financial advantage: $3 per unit on average
Explanation:
total production cost $22
- Direct materials $8
- Direct labor $7
- Variable manufacturing overhead $1
- Fixed manufacturing overhead $6
outside supplier offered 7,000 units at $16 per unit
50% of fixed costs can be eliminated
produce the item purchase the item
units 7,000 7,000
purchase price $112,000
production cost $154,000
<u>unavoidable costs $21,000 </u>
total $154,000 $133,000
net savings $21,000
savings per unit $3
Answer:
C. $63,500
Explanation:
With regards to the above, information, the amount of cash dividends paid that should be recorded is computed as;
= Cash dividends payable at the beginning of the year + Cash dividends declared for the year - Cash dividends payable at the end of the year
= $15,000 + $67,000 - $18,500
= $63,500
Therefore, cash dividends paid that should be recorded in the financing section of the statement of cash flow is $63,500
Answer:
Option (C)
Explanation:
As per the data given in the question,
Price of salt increases by = 25%
Quantity of pepper demanded increases by = 4%
Cross price elasticity = Quantity of demand increases ÷ Price of salt increases
= 4% ÷ 25%
=0.16
Hence Cross-price elasticity of demand between salt and pepper would be positive.
So option (C) is answer