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navik [9.2K]
3 years ago
5

A country has nominal GDP equal to $204.31 billion in 2018. The GDP deflator in 2018 has a value of 112.64. What was the value o

f real GDP, in billions of dollars. Round to two decimal places. If your answer is 3.2 billion then just enter 3.2.
Business
1 answer:
Ann [662]3 years ago
4 0

Answer:

$181.38 billion

Explanation:

The computation of the value of the real GDP is shown below:

As we know that

Real GDP = (Nominal GDP ÷ GDP Deflator) × 100

 = ($204.31 billion ÷ 112.64) × 100

= $181.38 billion

Hence, the value of real GDP is $181.38 billion

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Anton [14]

Answer:

Option c. General Motors issues corporate bonds.

Explanation:

The corporate bonds are bonds that are used by companies as a way of raising capital. In essence, a corporate bond is a bond that is issued by a large corporation mainly for the purposes of financing of a project. In addition, the bonds are also a means of business expansion. Thus, general motors, in its action, is raising capital for later expansion.  

7 0
3 years ago
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________ is what is left after a firm pays its variable costs and fixed costs
jek_recluse [69]

<em>Profit</em><em> </em>is what is left after a firm plays its variable costs and fixed costs.

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4 years ago
Wald Inc.'s bonds currently sell for $1,120 and have a par value of $1,000. They pay an $85 annual coupon and have a 20-year mat
ella [17]

Answer:

A. 7.08%  

B. 6.49%  

C. 5.95%  

D. 6.71%  

E. 7.34%

The correct option is B,6.49%

Explanation:

The return that the investor would earn is the yield to maturity of the bond which is calculated using rate formula in excel as shown thus:

=rate(nper,pmt,-pv,fv)

nper is the number of coupon payments the bond would receive which 5 since the bond can be called in 5 years

pmt is the annual coupon of $85

pv is the current market price of $1,120

fv is the call price in 5 years which is $1,050

=rate(5,85,-1120,1050)=6.49%

5 0
3 years ago
Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
lisov135 [29]

Answer:

Explanation:

Number of completed barrels = 216 + (244-216)*60%

= 233 barrels

Cost per barrel = (3245+3230)/233 = 27.8

Cost of oil shipped in pipeline = 216 * 27.8= 6003 millions

Cost of work in process ending inventory = (244-216)*60% * 27.8

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3 years ago
Wild Trails Inc., an adventure resort in Texas, has 500 shares of outstanding common stock and has not issued any preferred stoc
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Answer:

$55

Explanation:

The earnings per share indicate the profit per outstanding stocks and it is calculated by dividing the net income by the number of shares of outstanding stocks. According to this,

Earnings per share= $27,500/500

Earnings per share= $55

Wild Trails Inc.'s earnings per share (EPS) is $55.

7 0
4 years ago
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