Answer:
A. Included in GDP under government expenditures
B. Not included in GDP
C. Included in GDP under consumption expenditures
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Gross domestic product can be calculated using the expenditure approach:
GDP = Consumption spending on both durable and non durable goods and services + business spending on cqpital goods + Government Spending on public goods and services + Net Export
Items not included in the calculation of GDP are :
1. Transfer payments
2. Illegal activities
3. Purchase of shares
4. Intermediate goods
I hope my answer helps you
Given, Operating income = 7,200
Fixed expenses = 1800
Let the target sales be assumed to be X
Sales = 7200 + 1800 + 0.6*Sales
X = 7200 +1800 +0.6X
X-0.6X = 9000
0.4X =9000
X = 22,500
Target Sales = 22,500
Break even point = Fixed Costs/(Price -Variable cost)
Break even point = 1,800/(1-0.6) = 1,800/0.4 = 4,500
Break even point =4,500
Margin of Safety = (Target sales - break even point)/ Target Sales
Margin of Safety = (22,500-4,500)/22,500 = 18,000/22,500 = 0.8 = 80%
Margin of Safety =80%
Answer:
Customer's (exit) = 0.03 minutes per person
Explanation:
Given:
Flow (Ф) = 400 per hour
Times = 5 times headway
Computation:
5 times Poisson Distribution = 400 per hour × 5 time
5 times Poisson Distribution = 2,000 persons
Computation of expected amount of time needed to observe one customer :
Customer's (exit) = 1 hour / 2,000 persons
Customer's (exit) = 60 minutes / 2,000 persons
Customer's (exit) = 0.03 minutes per person
Answer:
The profit margin here is $3
Explanation:
The profit margin is calculated by
Profit Margin = Sales - Cost of Sales
And
Cost of sales includes all the labour costs, cost of the inventory that has been sold, overhead cost absorbed in the inventory, depreciation etc.
So here we have cost of sales per unit of $5 per unit and selling price of per unit is $8.
By putting values we have:
Profit Margin = $8 per unit - $5 per unit = $3 per unit
