Answer:
$20,000
Explanation:
Given that
New car bought from the manufacturer = $17,000
Sale value of the new car = $20,000
And, the car is sold to Camille for $15,000
So by considering the above information, the amount i.e to be contributed to U.S GDP is
= Sale value of the new car
= $20,000
It represents the finalized value of the goods and services and the same is to be considered
<span>The marketing mix element being addressed is Place. Place refers to the various channels that a business takes product to market. Traditionally, place has referred to the physical locations where a business carries out fulfillment of it orders but in recent times, mail order and websites with online ordering facilities falls under this element.</span>
Answer:
The correct answer would be $5
Explanation:
The formula to use is "Expected return to player" which is
E(x) = x.p(x)
where x is the return to player if they win
and p(x) is the probability of winning.
So here,
x = $100 (return to player for winning)
p(x) = 1/50 (probability of winning)
Therefore expected return to player is
E(x) = x.p(x)
= $100 x 1/50
= $100/50
= $2
Cost: $7
Expected return to player is $2.
Therefore Loss (to player) is Cost minus Expected return
= $7 - $2 = $5 <---- expected value for the carnival to gain,
The loss to the player is the carnival's gain. It's $5.
Answer:
$1,320,000
Explanation:
According to the scenario, computation of the given data are as follow:-
Purchase of raw material = $1,800,000
Opening stock of raw material = $20,000
Closing stock of raw material = -$3,140,000
Direct Material Used = Purchase of Raw Material + Opening Stock of Raw Material - Closing Stock of Raw Material
= $1,800,000 + $20,000 - $3,140,000
= $1,320,000
Answer:
False
Explanation:
In financial accounting, statement of cash flows is a financial statement that deals with only cash and cash equivalents by presenting a summary of cash and cash equivalents leave a company and also enter the company.
The cash flow statement gives an indication of the level of cash position management by the a company, which implies the level of cash generated by the company used in settling debt obligations and paying for operating expenses by the company.
The statement of cash flows therefore reveals the effect on cash and cash equivalents of changes that occurred in the income statement and balance sheet over a period of time.
In summary, the statement of cash flows presents how cash from operating, investing, and financing activities during a specific period.
