Answer: Cost Approach
Explanation:
The best method Vincent should use for valuation is the cost approach.
The cost approach is a method of worth estimation that considers the cost of building an already existing structure: checking the value of the land used for building, the cost of construction and subtracting the devaluation overtime.
First to get the answer your self all you need to do is divide 7 in to how many hours then boom you got the answer
Answer: B. GO fell by $10 billion, while GDP was unchanged.
Explanation;
Gross Output is different from GDP in that where GDP only takes into account the dollar value of the final output so as to avoid double counting, the Gross Output takes into account those intermediate expenses and consumption that were used to create the final goods and services.
As such, if the dollar value of distribution activity fell to $70 billion then the Gross Ouput would also have to fall by the equivalent amount which in this case would be $10 million.
As all other values did not change, then neither did the dollar value of final output meaning that GDP did not change.
Answer:
Sales revenue for $500
Explanation:
The journal entry is shown below:
Account receivable Dr $490
Credit card expense Dr $10
To Sales revenue $500
(Being the sale transaction is recorded)
The account receivable is computed below:
= Sales revenue - sales revenue × fee percentage given
= $500 - $500 × 2%
= $500 - $10
= $490
And, the credit card expense is
= Sales revenue × fee percentage given
= $500 × 2%
= $10
Answer:
B. Gain $8,000
Explanation:
The calculation of exchange translation is shown below:-
Old exchange rate = Net exposed assets × Value of Euro
= 200,000 × $1.22
= $244,000
New value in euro = Net exposed assets × Increased exchange rate
= 200,000 × $1.26
= $252,000
Translation Profit = New value in euro - Old exchange rate
= $252,000 - $244,000
= $8,000