1.50*300=$450
0.5*350=$175
(175/450)*100=39%
Real GDP in 2012 is 39%
Answer:
There should be strong internal controls implemented and segregation of duties in the finance department.
Explanation:
There is lack of internal controls present in the company which may lead to fraud or errors. The employees assigned to record the transaction are not recording all the cash receipts and are missing some of the cash receipts which can cause errors during reconciliation. The sub divisions of finance department must be segregated and there should be a supervisor who should be responsible to review all the work done by these departments.
securities listed on a public stock exchange
Answer:
Option (b) 25% muc, 20% musp
Explanation:
Data provided in the question:
Selling cost of manufacturer = $5
Markup by wholesaler = 60%
Amount added by retailer = $2
Now,
Selling cost of wholesaler = $5 × (1 + Markup)
= $5 × (1 + 0.60)
= $8
thus,
Selling price of retailer = $8 + $2 = $10
Therefore,
%muc retailer = [ Amount added by retailer] ÷ [Selling price of wholesaler]
= $2 ÷ $8
= 0.25 or 25%
%musp retailer = [ Amount added by retailer] ÷ [Selling price of retailer]
= $2 ÷ $10
= 0.20 or 20%
Hence,
Option (b) 25% muc, 20% musp
