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3 years ago

General Motors increases the price of a model car produced exclusively for export to Europe. Which U.S. price index is affected?

Business

1 answer:

alexira [117]3 years ago

4 0

Answer: The GDP deflator

Explanation: The GDP(gross domestic product) deflator is a price index that is used to measure the prices of all the goods and services produced within an economy. The cars which are exported by General Motors are produced domestically within the United States of America and exported outside the country.

Any goods produced externally are not considered when determining the GDP deflator.

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On September 1, the Consul Company acquired $10,000 face value, 8% bonds of Envoy Corporation at 104. The bonds were dated May 1

Aleksandr-060686 [28]

Answer:

correct option is A. Investment in bonds $10,400

Interest receivable 266

Cash $10,666

Explanation:

given data

face value = $10,000

bonds = 8%

mature time = 5 years

solution

we know at At 104

price paid for the bonds = $10,400 in absence of accrued interest

this is because of bond that is purchase between interest date and cash interest for time May 1 to September 1 4 months

and here interest will be for 4 month is

interest = face value × bonds rate × timer

interest = $10000 × 8% × $\frac{4}{12}$

interest = $266.67

so total amount paid will be

total amount paid = $10400 + $266.67

total amount paid = $10666.67

as on October 31 interest received here interest receivable will credit of $266

so correct option is A. Investment in bonds $10,400

Interest receivable 266

Cash $10,666

4 0

3 years ago

In divisional income statements prepared for Demopolis Company, the Payroll Department costs are charged back to user divisions

mojhsa [17]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

a).

Number Of Payroll Checks Residential Government Contract Commercial Total

Weekly Payroll 52 × 400 = 20,800 52 × 150=7,800 52 × 250 = 13,000 41,600

Monthly Payroll 12 × 80 = $960 12 × 10 =120 12 × 30=360 1,440

Total 21,760 7,920 13,360 43,040

Number of Purchase Requisitions Per Year 7,500 2,000 3,000 12,500

Weekly Payroll = Weeks Per Year × Payroll Per Week

Monthly Payroll = Months Per Year × Payroll Per Month

b).Charge Rate of Service Department:-

Purchasing Department

= Purchasing Department Expenses ÷ Number of Purchase Requisitions Per Year

= ($40,000 ÷ 12,500)

= $3.2 Per Purchase Requisition

Payroll Department

= Payroll Department Expenses ÷ Total No. of Payroll Checks

= ($64,560 ÷ 43,040)

= $1.5 Per Payroll Check

Service Department Charges:-

Payroll Department ($) Purchasing Department ($) Total ($)

Residential 1.5 × 21,760 = 32,640 3.2 × 7,500 = 24,000 56,640

Commercial 1.5 × 13,360 = 20,040 3.2 × 3,000 = 9,600 29,640

Government Contract 1.5 × 7,920 = 11,880 3.2 × 2,000 = 6,400 18,280

Total 64,560 40,000 104,560

c) Residential service department pays more than the other two divisions because residential service department is a strong user of services. Residential has some weekly payroll employees which convert into a large number of payroll transactions.

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3 years ago

Which workplaces are typical for someone working in Marketing, Sales, and Service? Select all that apply,

jeka57 [31]

Answer:

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Explanation:

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Answer:

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stepladder [879]

Answer:

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Explanation:

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