Answer:
The correct answer is "the sum of all monetary transactions involving final goods and services that occur in the economy in a year"
Explanation:
The Gross Domestic Product is divided into nominal GDP and the real GDP.
The Nominal GDP is the sum of all monetary transactions involving final goods and services that occur in the economy in a year.
The Real GDP is the sum of all monetary transactions involving final goods and services that occur in the economy in a year, but adjusted to the inflation. The real DGP can consider changes in price level and can present a more accurate figure of economic growth.
Answer:
The rule of 72 establishes that, to determine the time in which an investment will double its initial capital through the generation of compound interest, 72 must be divided by the interest rate number of said financial investment.
In the present question, the interest rate is 7.8%, with which the investment would double in 9.23 years (72 / 7.8 = 9.23).
Now, at the same time there will be an annual inflation of 4.9%, that is, an accumulated inflation of 45.22% (4.9 x 9.23 = 45.22). In other words, the real growth of investment will not be 100%, but the accumulated inflation will have to be discounted from said number, with which the real growth of investment will be 54.88% over those 9.23 years.
Answer:
Accrual method
Explanation:
As the average annual growth receipts is $27,000,000 which is greater than the $25,000,000 this amount reflects an exception due to which it cannot be applied for cash
Also the accrual method is also selected because it helps while subtracting the expenses instead of cash basis plus it also provides an accurate amount as compared with other methods. And, there is no need to maintain separate books for the purpose of tax
down the net income from the peak tax bracket.
The type of financial institution
is Home-Equity Lines. Home-Equity Lines of Credit. Works like a credit card. A
certain spending limit is pre – approved to the borrowers and can withdraw money
when they need via the credit card.
Explanation:
Given that the peter company identifies the following items so according to that there are certain things that are excluded or included which are as follows:
a. Since the 900 inventory units shipped by Peete company to another company that reflect inclusion as the company is the owner and owned the goods
b. The inventory units are in transit are excluded as the company does not owned the goods because the goods are on the way
c. The 1,200 units are sold but waiting for customer pickup are excluded because the goods are sold by the Peete company that shows the ownership of the goods are transferred
d. The 500 inventory units held on consignment is also excluded because ownership is not with the Peete company it is transferred to the another company