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3 years ago

Is this counted in the GDP of a country ?The services of a mechanic in fixing the radiator on his own car.

Business

1 answer:

Aleonysh [2.5K]3 years ago

6 0

Answer:

Yes this could be counted as GDP

Explanation:

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Moss Corp. owns 20°/o of Dubro Corp.'s preferred stock and 40o/o of its common stock. Dubro's stockoutstanding at December 31, Y

lbvjy [14]

Answer:

a. $22,000

Explanation:

Provided information we have,

Investment details in Dubro Corp.

20% in preferred stock

40% in Common stock

Provided net income = $60,000 and dividend to preference stock = $10,000

Therefore, net income after dividend = $60,000 - $10,000 = $50,000

Dividend on preference shares = $10,000 $\times$ 20% = $2,000

Share in net income = $50,000 $\times$ 40% = $20,000

Total part of income to be added in income statement = Dividend on preference capital + share of net income = $2,000 + $20,000 = $22,000

Therefore, correct option is

a. $22,000

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3 years ago

A Regional Sales Manager's (RSM) direct reports are frequently added as sales team members for other sales representatives' oppo

Gre4nikov [31]

It’s c because I did it before

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3 years ago

Maryland Incorporated produces toys. Total manufacturing costs are $ 370 comma 000 when 60 comma 000 toys are produced. Of this

ludmilkaskok [199]

Answer:

The total production costs when 105 comma 000 toys are produced are $467,500

Explanation:

Manufacturing or production costs are the costs which is incurred to Manufacture / produce the products being sold.

Total Manufacturing Cost = $370,000

Variable cost = $130,000

Variable cost per unit = $130,000 / 60,000 = $2.17

Total Fixed Cost = Total Manufacturing cost - Variable cost

Total Fixed Cost = $370,000 - $130,000 = $240,000

Total Production cost = Variable cost + Fixed Cost

Total Production cost = ( 105,000 x 2.17 ) + $240,000

Total Production cost = $227,500 + $240,000 = $467,500

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3 years ago

Deere company holds a $10,000 note receivable dated july 1, 2015, with 10% interest. what adjusting entry is needed on decemb

Ket [755]

<span>b. debit interest receivable for $500 and credit interest revenue for $500
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3 years ago

The U.S. work week has declined from 60 hours in 1890 to 40 hours today. The impact of the decline in working hours:________

Len [333]

Answer:

It will Decreases U.S. real GDP and on the other way round it will increases the well-being of a typical working person in the U.S.

Explanation:

The impact of the decline in working hours is that it will Decreases U.S. real GDP and on the other way round it will definitely lead to increase in the well-being of a typical working person in the U.S. because of the decline in the U.S work week which was formally 60 hours in the 1980 but now 40 hours today because a typical working person will have more time for him/her and the stress involved in working for 60 hours per week will reduce when compared with working for 40 hours per week because a typical working person in the U.S will preferred to work for 40 hours per week than 60hours per week for the betterment of their well being.

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3 years ago