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Natali [406]
3 years ago
9

Countries A,B, and C with respective total populations 50 million, 18 million, and 15 million also have annual GDP as:

Business
1 answer:
gogolik [260]3 years ago
5 0

Answer: D. A = $8560 ,B= $11111 and C= 466$

Explanation:

Country A

Annual GDP = $428 billion

Population = 50 million

Annual GDP per person = $428 billion / 50 million = $8560

Country B

Annual GDP = $20 billion

Population = 18 million

Annual GDP per person = $20 billion / 18 million = $1111

Country C

Annual GDP = $7 billion

Population = 15 million

Annual GDP per person = $7 billion / 15 million = $466.

The correct option is D.

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You own a portfolio that is invested 32 percent in Stock A, 43 percent in Stock B, and the remainder in Stock C. The expected re
RideAnS [48]

Answer:

12.42%

Explanation:

Stock  Weights(A)  Return (B)  Product (A*B)

A               32%           11.50%           3.68%

B               43%           15.20%          6.54%

C               25%           8.80%           2.20%

Portfolio Return                              12.42%

So, the expected return on the portfolio is 12.42%.

3 0
3 years ago
For the week of June 6, Melvin Mince, the manager of Melvins Hotel in North western Illinois, budgeted 600 hours for room attend
sveta [45]

Answer: See explanation

Explanation:

From the information given,

Budgeted hours = 660

Budgeted rate per hour = 3.4

Budgeted rooms to clean = (600 × 60)/36 = 36000/36 = 1000

1. What is the amount of the budget variance?

This will be:

= (Actual room - Budgeted room) × Standard rate

= (1050 - 1000) × 3.4

= 50 × 3.4

= 170 favorable

2. What is the amount of the volume variance?

This will be:

= Standard cost - Actual labor cost

= (630 × 3.4) - (660 × 3.3)

= 2142 - 2178

= 36 Unfavorable

3. What is the amount of the efficiency variance?

This will be:

= 3.4 × (630 - 660)

= 3.4 × (-30)

= 10.20 Unfavorable

4. What is the amount of the rate variance?

This will be:

= Actual time ( Standard rate - Actual rate)

= 660 × (3.4 - 3.3)

= 660 × 1

= 660 Favorable

5 0
3 years ago
Tobias, a Classic car enthusiast in Phoenix, occasionally offers for sale one of his classic automobiles at the Barrett-Jackson
Zielflug [23.3K]

Answer:

C. Commissions and fees collected by Barrett-Jackson

Explanation:

Only the commissions and fees collected by Barrett-Jackson that will be included as part of the 2016 GDP. Cars sold at auctions are not counted in the GDP because second hand sales do not tend to involve production. Therefore, resold cars and products generally are not included in the GDP. The only scenario whereby used product resold are included in the GDP is if there has been value addition on the product.

The commissions and fees collected would fall under the income aspect of the GDP, hence are counted.

5 0
4 years ago
The stock in Bowie Enterprises has a beta of .87. The expected return on the market is 11.70 percent and the risk-free rate is 2
Tems11 [23]

Answer:

10.55%

Explanation:

The stock in Bowie's enterprise has a beta of 0.87

The expected return on the market is 11.70%

The risk free rate is 2.89%

Therefore, the required return on the company stock can be calculated as follows

= 2.89%+0.87(11.70%-2.89%)

= 2.89%+10.179%-2.5143%

= 2.89%+7.6647%

= 10.55%

Hence the required return on the company's stock is 10.55%

4 0
4 years ago
EA13.
navik [9.2K]

Answer:

Journal entries for the  

Completion of Job 113

Debit Finished Good/Inventory Account     $ 5000

Credit WIP JOB 113 Account                         $ 5000

(In words we will debit finished good account by shifting work in process related to the job 113 in it)

Journal entries for the  

Completion and sale of Job 85

Debit Finished Good/Inventory Account     $ 3000

Credit WIP JOB 113 Account                         $ 3000

For sales following two entries will be passed.

Debit Cost of Good Sold Account                    $ 3000

Credit Finished Good/Inventory Account        $ 3000

Debit Cash (or Receivable if credit sale)          $ 4500

Credit Sales Account                                         $ 4500

6 0
4 years ago
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