Answer:
Dr Cost of goods sold 856,300
Cr Finished goods inventory 856,300
Explanation:
we must first determine the value of the total goods manufactured:
beginning inventory of finished goods + finished goods = $177,500 + $854,000 = $1,031,500
the cost of goods sold = total goods manufactured - ending finished goods = $1,031,500 - $175,200 = $856,300
Dr Cost of goods sold 856,300
Cr Finished goods inventory 856,300
Answer:
The correct answer is option D.
Explanation:
A quota is a non-tariff restriction on trade. It is either a quantitative limit or a limit on the monetary value of products that can be traded. It a restriction imposed by the government to protect domestic producers from foreign competition.
In all the given examples the last one represents a quota. It is a limit on the number of products that can be imported.
Answer:
The answer is $1,701 billion
Explanation:
Gross Domestic Product (GDP) is the cumulative (total) market value of the final outputs (goods and services) produced within an economy(country) during a given period of time usually a year.
GDP = C + I + G + (X - M)
where C - expenditure by households or consumers
I - investments by businesses or firms
G - expenditure from the government
X - exports from the country
M - imports into the country
Total consumers' expenditure is:
durable goods = $200 billion;
nondurable goods = $350 billion; services = $600 billion
Total. $1,150 billion
Total business investment is $200billion
Therefore, GDP is
$1,150 + $200 + $400 + ($30 - $79)
=$1750 - $49
= $1,701 billion
Answer:
if business owners want to maximize the value of the company, they should invest in projects that have the greatest value added.
I would say that it would be the <u>rate of return</u> but i might be wrong