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3 years ago

Gnp is a better measure of total economic output in the u.s. than gdp. a. true b. false

Business

1 answer:

11111nata11111 [884]3 years ago

7 0

True because how would we live nowadays

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Which combination of factors would result in the lowest monthly mortgage payment?

Alenkinab [10]

Interest rate and years of repayment

5 0

3 years ago

Read 2 more answers

What role does the government play in the economy’s circular flow ?

xxMikexx [17]

The government uses goods, and services to provide public goods like education, roads, and more

3 0

2 years ago

A company is considering purchasing a machine that costs $280,000 and is estimated to have no salvage value at the end of its 8-

Mariana [72]

Answer:

19.29%

Explanation:

We can calculate Annual Rate of Return by using the following formula:

ARR = Net Income / Average Investment

Here

Net Income $27,000 Step1

Average Investment $140,000 Step2

By putting values, we have:

ARR = $27,000 / $140,000 = 19.29%

Step1: Net Income

Net Income = Annual Revenue - Depreciation - Operating Expenses

Here

Annual Revenue = $100,000 - $280,000/8 - $38,000

= $100,000 - $35,000 - $38,000

= $27,000

Step2: Average Investment

Average Investment = (Initial Investment + Scrap Value)/ 2

Average Investment = ($280,000 + 0)/2 = $140,000

8 0

3 years ago

A sunk cost: Requires a current outlay of cash. Is the lost benefit of choosing an alternative course of action. Is irrelevant i

igor_vitrenko [27]

Answer:

Is irrelevant in decision making

Explanation:

Since the suck cost is the cost that no longer is recovered so it should not be a factor to consider when making a decision. For example, you have bought a cinema ticket for this evening, but it is heavily rainy so you may get sick if you go to the cinema. The fact that you have paid for this ticket should not consider whether to go or stay home since you can not get this amount of money no matter what happens.

5 0

3 years ago

Dallas Boot Corporation has been asked to submit a bid on supplying 1,000 pairs of military combat boots to the Armed Forces Tra

Kipish [7]

Answer:

Dallas Boot Corporation

Assuming that there would be no commission on this potential sale, the lowest price the firm can bid is some price greater than:_________

= $20.

Explanation:

a) Data and Calculations:

Pairs of military combat boots on the bid = 1,000

Direct material $8

Direct labor 6

Variable overhead 3

Variable selling cost (commission) 3

Fixed overhead (allocated) 2

Fixed selling and administrative cost 1

Total cost of production and sales $23

Less commission 3

Total cost per boot $20

b) The bidding price less sales commission will be a price that is greater than $20 per boot. The extra amount per boot will cover the profit expected from the transaction.

7 0

3 years ago