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3 years ago

6. Identify a change in technology during each of the time periods in history below that you believe improved the

Business

1 answer:

Alexxandr [17]3 years ago

3 0

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.

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Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in billions.Category

Ymorist [56]

Answer:

a. $343.7 billion

b. $331.9 billion

c. $334.1 billion

Explanation:

The computation is shown below:

a. For GDP

GDP = Personal consumption expenditures + Government purchases + Net private domestic investment + Consumption of fixed capital + net exports

where,

Net exports = U.S. exports of goods and services - U.S. imports of goods and services

= $17.8 - $16.5

= $1.3 billion

So, the GDP would be

= $219.1 + $59.4 + $52.1 + $11.8 + $1.3

= $343.7 billion

b. For NDP

NDP = GDP - Consumption of fixed capital or depreciation

= $343.7 - $11.8

= $331.9 billion

c. For NI

NI = GDP + Net foreign income

= $331.9 billion + 2.2 billion

= $334.1 billion

All values are in billions

5 0

3 years ago

Madison Corporation reported taxable income of $400,000 in 20 X 3 and accrued federal income taxes of $136,000. Included in the

salantis [7]

Answer:

A. $424,000

Explanation:

current income = Taxable income - Federal tax + Depreciation disallowed + net capital loss carryover

= $400,000 - $136,000 + ($200,000 - $60,000) + $20,000

= $424000

Therefore, The corporation's current earnings and profits for 20X3 would be $424000.

8 0

3 years ago

How are chain restaurants started

Rom4ik [11]

Usually they start out small as family-owned restaurants and gradually increase until chains are created

8 0

3 years ago

Read 2 more answers

Dima called her friend to tell her that she saved 30% on her new skirt at a discount store. Her friend told her that she could h

FromTheMoon [43]

If the original price of Dima’s skirt was $54, the amount that she have saved at the store was option(b)i.e, $1.80.

Let's just take the sales price of the skirt Dima purchased from the discount shop as the rate of the other retailer is not provided.

Original price: $54

Discount rate: 30%

$54 x 30% = $16.20 value of the discount

$54 - 16.20 = $37.80 discounted price.

Since Dima's friend told her she could have had a better deal at a different store, this means that the discount rate is higher than 30%. i.e, the discount is 33.33%

$54 x 33.33% = $17.99 value of the discount

$54 - 17.99 = $36.00 discounted price.

Discount store: $37.80

Different store: $36.00

The different store sales price is cheaper by $1.80

Therefore, she could have saved $1.80 at the store her friend suggested.

To know more about discount rate refer to: brainly.com/question/13660799

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6 0

1 year ago

All of the following statements are true with regard to qualifying business losses EXCEPT: The loss will reduce any other curren

avanturin [10]

All of the following statements are true with regard to qualifying business losses EXCEPT: Qualifying losses from 2017 were carried forward to the taxpayer's 2018 tax return.

Explanation:

The loss would reduce any other eligible income of the applicant for the current year. An investor shall recover the QBI from various trades or businesses, including damages.

Upon deduction of all qualified company gains for the current year, the excess of the income shall be rolled forward to the next tax year. The unfavorable balance shall be shifted into the next fiscal year.

If the loss was incurred after 2018, the excluded or lost element is included in QBI and would otherwise be included in QBI, but is included in taxable income not until the year.

4 0

3 years ago