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andriy [413]
3 years ago
8

Pete is a woodworker and charges $125 an hour for his time manufacturing custom-made wood products. For his wife's birthday, he

designs and creates an intricate maple jewelry box that takes him 20 hours to complete. By how much and in what direction does GDP change as a result of his efforts? Group of answer choices GDP rises by $1,875. GDP falls by $1,875. GDP is not affected by Pete's production of the jewelry box. GDP rises by $125.
Business
1 answer:
andreev551 [17]3 years ago
6 0

Answer:

GDP is not affected by Pete's production of the jewelry box.

Explanation:

Pete is a woodworker and works 20 hours to prepare a jewelry box to gift his wife. If Pete prepares this jewelry box to sell and earn revenue, this will be considered in GDP but in this case Pete prepares a jewelry box to give his wife as his wife's birthday gift.

All types of gifts received or given in kind are not included in Gross Domestic Production.

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The Pineapple Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after w
jek_recluse [69]

The best estimate of the current stock price is $48.31.

<h3>What is dividend?</h3>

Dividend refers to the profit earned after reducing all the expenses and the cost. The dividend is the money distributed to the stakeholders by the company.

According to the above case, The pineapple Company earned the dividend of $1.75 and growth rate is constant at the rate of 25% for 2 years.

The best price estimate of the current stock =                                                                        =[$1.75(1.25)2(1.06)]/(0.12-0.06)

= $48.31.

The best estimate of the current stock price is  $48.31.

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3 0
2 years ago
Whats 8 5/7 + 5 13/14 ASAP LOTS OF POINTS
finlep [7]

Answer:

205/14

Explanation:

7 0
3 years ago
Heidi decided to make extra money by offering to do investments for her friends for a fee. She actually did no investing, but us
Sauron [17]

Answer: Option (A)

Explanation:

A Ponzi scheme is referred to as or known as a type/form of a fraud that tends to bait investors and thus pays high profits to the earlier investors with the funds gained or received from recent investors. This scheme tends to lead its victims and other individuals to perceive that these profits are collected from the sales or via other means, thus they tend to remain completely unaware that the investors after them are reason of these funds.

8 0
3 years ago
A finance company that buys other companies' accounts receivable is known as a(n) _____.
Bess [88]

A finance company that buys other companies' accounts receivable is known as a factor.

Accounts receivable can be defined as the sums owed by customers to a business, and accounts receivable turnover is a financial ratio that is determined by dividing net sales by accounts receivable. This sort of company acquires receivables for less than their face value.

  • A factor is a brief, non-recourse loan obtained through the sale of accounts receivable to a third party.
  • Consideration is given to all collection risks, including credit losses.
  • Although it is used in other industries, the garment industry is where factoring is most prevalent.
  • The two primary types of factoring are maturity factoring and discount factoring. Maturity factoring pays the client the purchase price of the factored accounts at maturity, whereas discount factoring pays a discounted price for receivables before they mature.

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3 0
2 years ago
Any point outside a country's production possibilities frontier represents a combination of two goods that an economy 1. can pro
Arlecino [84]

Answer:

4. cannot currently produce.

Explanation:

The Production Possibilities Frontier is a graph that shows a combination of goods that can be produced using the resources and technology available and the points outside this curve are not possible to produce with the current levels of resources and technology. According to this, the answer is that any point outside a country's production possibilities frontier represents a combination of two goods that an economy cannot currently produce because that will require more resources and technology.

8 0
4 years ago
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