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andreyandreev [35.5K]
3 years ago
8

Please calculate GDP using the following information: Government purchases - $200 billion Depreciation - $60 billion Investment

- $80 billion Consumption - $600 billion Exports - $100 billion Imports - $120 billion Income receipts from the rest of the world - $10 billion Income payments to the rest of the world - $8 billion
Business
1 answer:
Pepsi [2]3 years ago
7 0

Answer:

The GDP is $860 billion.

Explanation:

The gross domestic product (GDP) can be calculated using the expenditure approach formula as follows:

Y = C + I + G + (X - M) ....................................... (1)

Where:

Y = GDP = ?

C = Consumption = $600 billion

I = Investment - $80 billion

G = Government purchases = $200 billion

X = Exports = $100 billion

M = Imports = $120 billion

Substituting the values into equation (1), we have:

Y = $600 + $80 + $200 + ($100 - $120) = $860 billion

Therefore, the GDP is $860 billion.

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Compute conversion costs given the following data: direct materials, $361,300; direct labor, $195,300; factory overhead, $216,70
Radda [10]

Answer:

a. $412,000

Explanation:

Conversion cost is the combination of direct labor and manufacturing overhead which directly or indirectly are necessary to produce a product other than the direct raw materials.

We know,

<em>Conversion costs = Direct Labor + Manufacturing Overhead</em>

Here,

Manufacturing overhead = Indirect material + Indirect Labor + Indirect overhead (including variable and fixed overhead)

Given,

Direct labor = $195,300

Manufacturing overhead = Factory overhead = $216,700

Selling expenses will not be included because it is not a direct or indirect overhead expense.

Therefore,

<em>Conversion costs = </em>$195,300 + $216,700

<em>Conversion costs = </em>$412,000

8 0
3 years ago
On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 15,000, $6 par, common sha
anyanavicka [17]

Answer:

Sept 1,

DR Stock dividends $52,500  

CR Common stock   $9,000

CR Additional paid in capital   $43,500

Sept 1,

DR Stock dividends $90,000  

CR Common stock  $90,000

 

Sept 1,

No journal entry required.

<u>Workings</u>

Small Dividends

<em>Stock dividends</em>

= 15,000 * 10% * $35

= $52,500

<em>Common stock </em>

= 15,000*10%* $6  

= $9,000

<em>Additional paid in capital</em>

= 52,500 - 9000

= $43,500

Large Dividends

<em>Stock dividends</em>

= 15,000 * $6

= $90,000

<em>Common stock </em>

= 15,000 * $6  

= $90,000

<em>No entry for stock splits.</em>

3 0
3 years ago
By tying the salaries of top corporate managers to the price of the corporation's stock, corporations hope to avoid:
Serjik [45]

Answer:

the principal-agent problem

Explanation:

In the case when there is a tied of the top corporate managers salary with the price of the corporation stock so here the corporation should avoid the principal agent problem as it deals with the conflict with respect to the priorities that lies between the person and the representative.

So the above should be the answer

4 0
3 years ago
Classify each property below based on whether it is or is not a property of l-dopa\'s enantiomer, d-dopa.
zhannawk [14.2K]

Answer:

The answer is Enantiomers: The isomers which are non superimposable perfect representations are called enatiomers.  

Explanation:

Enatiomers contrast toward turn of plane spellbound light.  

When all is said in done enantiomers have comparative physical properties yet some unique synthetic properties.  

Rundown of property of D - Dopa:  

* Solid at room temperature  

* Rotates plane spellbound light clock shrewd bearing  

* Aromatic - L - amino corrosive decarboxylase has an alternate partiality for D - Dopa  The rundown that isn't the property of D - DOpa:  

* Highly solvent in water  

* Good substrate for sweet-smelling L - amino corrosive decarboxylase  

* thickness marginally not as much as that of L - Dopa  

* Reduces indications of Parkinson's illness.

4 0
4 years ago
Which of the following is NOT a core component of the Federal Reserve Bank?
marusya05 [52]
I think is C. federal open market cpmmittee
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3 years ago
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