This résumé format focuses on an applicant’s work experience and education:

4. Aada's dty is trying to get citizens to invest in municipal bonds. How will the city MOST likely use these funds?

noname [10]

Answer:

<u>to pay for road improvements</u>

Explanation:

Remember, the term municipal bonds basically refers to a special kind of loan issued to a local government by its citizens or investors and<em> meant to be used by the government to fund public projects such as road construction, hospitals, and other forms of infrastructure that benefit the general public.</em>

Therefore, the city would most likely use these funds to pay for road improvements as this would benefit the general public.

3 0

3 years ago

What is the present value of the following series of payments:

Alex787 [66]

Answer:

he made about 300

Explanation:

5 0

4 years ago

A variable identified as nominal is one that is measured in current dollars. Using the data above, calculate the following: (

vaieri [72.5K]

Nominal GDP and Real GDP are described below

Explanation:

The nominal value of a good is its value in terms of money. The real value is its value in terms of some other good, service, or bundle of goods.

Examples:

Nominal: That CD costs $18. Japan’s science and technology spending is about 3 trillion yen per year.

Real: A year of college costs about the value of a Toyota Camry. Those tickets to see Van Halen cost me three weeks’ worth of food!

2.Nominal GDP is the market value of goods and services produced in an economy, unadjusted for inflation. Real GDP is nominal GDP, adjusted for inflation to reflect changes in real output. Trends in the GDP deflator are similar to changes in the Consumer Price Index, which is a different way of measuring inflation.

3.. Therefore, nominal GDP will include all of the changes in market prices that have occurred during the current year due to inflation or deflation. ... In order to abstract from changes in the overall price level, another measure of GDP called real GDP is often used.

4.The main difference between nominal GDP and real GDP is the adjustment for inflation. Since nominal GDP is calculated using current prices it does not require any adjustments for inflation. This makes comparisons from quarter to quarter and year to year much simpler to calculate and analyze.

5.Real Gross Domestic Product or real GDP is a measure of the value of economic output like inflation or deflation of prices . Nominal GDP on the other hand is a figure which has not been adjusted for any inflation.

5 0

3 years ago

Assume that the following events occurred at a division of Generic Electric for March of the current year:

Crank

Answer:

$192 million; $153.60 million; $38.40 million

Explanation:

Given that,

Direct material purchased = $80 million

Direct labor costs = $51 million

Manufacturing overhead = $77 million

Percent of the work-in-process completed = 80%

(1) Transfers-In:

= Direct materials + Direct labor costs + Manufacturing overhead

= (80% × $80 million) + $51 million + $77 million

= $64 million + $51 million + $77 million

= $192 million

(2) Transfer-out:

= Transfers-In × percent of the work-in-process completed

= $ 192 million × 80 %

= $ 153.60 million

(3) Ending Balance:

= Transfers-In - Transfer-out

= $192 million - $ 153.60 million

= $38.40

6 0

3 years ago

The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $9,000; Dividends

Molodets [167]

Answer:

Dec 31 Dr Service Revenue 13,000

Cr Income Summary 13,000

Dec 31 Dr Income Summary 10,000

Cr Wages Expense 8,400

Cr Rent Expense 1,600

Dec 31 Dr Income Summary 3,000

(13,000-10,000)

Cr Retained Earnings 3,000

Dec 31 Dr Retained Earnings 800

Cr Dividends 800

Explanation:

Preparation of its December 31 closing entries.

Dec 31 Dr Service Revenue 13,000

Cr Income Summary 13,000

(Being to close revenue account)

Dec 31 Dr Income Summary 10,000

(8,400+1,600)

Cr Wages Expense 8,400

Cr Rent Expense 1,600

(Being to close expense account)

Dec 31 Dr Income Summary 3,000

(13,000-10,000)

Cr Retained Earnings 3,000

(Being to close net income/loss)

Dec 31 Dr Retained Earnings 800

Cr Dividends 800

(Being to close dividends)

4 0

3 years ago