Answer:
B. An unsold inventory of automobiles produced in that year
Explanation:
GDP is the measure of all the total value goods and services produced within the borders of a country per period. In calculating GDP, economists consider the value of finished products only. Capital goods or goods used to manufacture other products are also not included in GDP. Excluding capital and work-in-progress eliminates the chances of double counting.
The flour used in bakeries and the steel used in the production of automobiles are inputs used to make other goods; hence they will not be included in GDP calculations. Goods produced in the previous period cannot be included in the current GDP calculation as they were accounted for in the year of their production.
Answer:
Electronic funds transfer for $9,800 from Terra Cota Cataluna
Effect of Transaction on the June 30 Bank Reconciliation:
Since it had not been recorded in the accounting books, it will make the balance in the bank statement to exceed the cash account balance by $9,800.
Explanation:
This transaction is regarded as direct credit in the bank account. It causes a discrepancy between the bank statement balance and the cash account balance.
In preparing the bank reconciliation statement, if you start with the balance as per the cash account, then will add this to this balance. If it is the only item for reconciliation of the bank statement, it will make the cash account balance to agree with the bank statement balance.
To correct this, a record (journal entry) will be made by debiting the Cash Account and crediting the Accounts Receivable account.
Answer:
It was raised $236,009.52
Explanation:
The YTM is 6.43
so we need to calculate the market price of the bond using this rate.
Market price will be equal to the cash raised from the sale.
1st annuity of 20 years semiannual payment of
275,000 x 0.0599/2 = 8236.25
PV = 183,932.289662
2nd we have to calculate the prsent value of the redeemption of the bond
PV = 79,0773.23051
Now we add both values to get the cash proceeds from the bond
79,0773.20351 + 183,932.289662 = 236,009.52
The correct answer is structural.
In structural unemployment, many people lose their jobs because their jobs have become obsolete and therefore they cannot do anything useful for the community.