Answer:
Gdp excludes the most of items that are produced and sold illegally and also most of the items that are produced and consumed at home because the products which are illelegal are not sold under government policies and are not authorised.
Explanation:
GDP: It is been referred as the total value of all the goods and services which has been produced for the marketplace within one year's period and within our national borders.
Measurment of GDP:
- It will record only the value of final output of goods no intermediate goods are included in it.
- The output here is valued only at its market prices.
- It measures the values of both tangible and intangible services.
- It measures the values of goods which are produced within the geographic boundaries of country.
Where this GDP is countable:
It is countable only where the products are produced in economy and are being sold legally in the markets.
Excludes the products being sold illegally.
Companies can apply the force field technique in the workplace by establishing a method of observing the factors that drive or block the achievement of goals.
<h3 /><h3>How is the force field technique effective in the workplace?</h3>
It helps in the identification and more comprehensive analysis of the organizational environment and its processes, helping in decision making and in the strategic formulation to reduce bottlenecks and obtain quality.
Therefore, the force field technique helps in the effectiveness of processes, develops communication, reduces resistance to change in addition to creating a positive culture for development.
Find out more about force field technique here:
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Answer:
$(123,000) + $(29,000)= $(152,000)
Explanation:
Discontinued operations are those operations of segment of a company where a formal plan exists to eliminate it from the company.
The revenues, gains, expenses, and losses pertaining to the discounting business segment are removed from the company's continuing operations and are reported separately on the company's income statement.
Hence, operating loss of $ 123,000 and impairment loss of $ 29,000 will separately be reported on income statement of the company.
Future estimated operating losses do not become part of the income statement.
Answer:
Net income = $76,000
Earning per share (EPS):
Income from continuing operations per share = $4.40 per share
Loss from discontinued operations per share = -$3.64 per share
Net Income per share = $0.76 per share
Explanation:
Note: See the attached excel file for the income statement.
Also Note: Two years (2016 and 2018) were mistakenly mentioned in the question instead of just one of them. I therefore picked 2016 to prepare the income statement.
In the attached excel file, the earning per share (EPS) is calculated as follows:
Number of shares outstanding = 100,000 shares
Income from continuing operations per share = Income from continuing operations / Number of shares outstanding = $440,000 / 100,000 = $4.40 per share
Loss from discontinued operations per share = Loss from discontinued operations / Number of shares outstanding = -$364,000 / 100,000 = -$3.64 per share
Net Income per share = Net Income / Number of shares outstanding = $76,000 / 100,000 = $0.76 per share
<span>When the economist says that material wants are insatiable, he means that these wants are virtually unlimited and therefore incapable of complete satisfaction. Insatiable means that they are impossibly to satisfy. In the economic world it is best to make use of the limited resources to help satisfy virtually unlimited wants. </span>