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3 years ago

Calculate the GDP of an economy from the following numbers:

1 answer:

5 0

Gdp is = c+I+g+nx (consumer spending investment government spending and net exports)

150 gov spending
+
-8 net exports (imports less exports)
+ 225 investment

Taxes, depreciation, personal income and savings do not contribute. This may be a bad question but my answer is
367

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The letter of transmittal and the statistical section are classified as

NARA [144]

The letter of transmittal and the statistical section are classified as Comprehensive Annual Financial Report (CAFR).
These are not included in the basic financial statement and required supplementary schedule.
CAFR comprises the financial report of any state, municipality or government entity.

3 0

4 years ago

On 1 July 2019, Quick Buck Ltd took control of the assets and liabilities of Eldorado Ltd. Quick Buck Ltd issued 80,000 shares h

lys-0071 [83]

Answer and Explanation:

The journal entries are shown below:

1. On July 1 2019

Machinery Dr $67,000

Fixture & Fittings Dr $68,000

Vehicles Dr $35,000

Current assets Dr $12,000

Goodwill Dr $28,000

To Current liabilities $18,000

To Share Capital (80,000 × $1 ) $80,000

To Paid in capital in excess of par 112,000 {80,000 × ($2.40 - $1)}

(Being the acquisition is recorded)

For recording this we debited all assets as it increased the values of assets and credited the liabilities and stockholder equity as it also increased

2. On July 1 2019

Paid in capital in excess of par $1,600

To Cash $1,600

(Being the share issuance cost is recorded)

For recording this we debited the paid in capital as it reduced the stockholder equity and credited the cash as it reduced the assets

Working notes:

For goodwill amount

= Purchase consideration - net identifiable assets

= $192,000 - $164,000

= $28,000

The net identifiable asset come from

= $67,000 + $68,000 + $35,000 + $12,000 - $18,000

= $164,000

5 0

3 years ago

Assume that, at the end of 1999 (1998), Pfizer reported that replacement cost (equivalent to FIFO) for its inventories that are

KonstantinChe [14]

Answer:

We expect that the Pfizer has revealed $100 Million as benefit before charge utilizing LIFO strategy for bookkeeping.

After difference in stock valuation from LIFO to FIFO benefit before expense would be $115 Million. Increment in stock will diminish cost of merchandise sold and consequently benefit will increment to that surviving.

We have expected before announced benefit $100 Million

Include: Reduction in cost of merchandise sold $15 Million

Modified benefit $115 Million

Core advantage of the FIFO over LIFO is that the stock get esteemed shutting to current rate. In LIFO edges are get lower because of utilization of old costs. Under LIFO stock detailed at lower esteem coming about lower revealing of benefit. This defects in stock valuation get amended in FIFO technique for valuation.

Under FIFO stock record is lower when contrasted with LIFO.

5 0

3 years ago

The difference between the income

astraxan [27]

Answer:

Select one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

Explanation:

Select one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. SubsidySelect one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

= Net Factor Income from AbroSelect one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

5 0

3 years ago

you are considering a project with an initial cash outlay of $80,000 and expected free cash flow of $20,000 at the end of each y

alexgriva [62]

Answer:

Payback period: 4 years

NPV: $87,105

PI: 1.089

IRR: 12.98% (rounded to 2 decimal places)

Explanation:

Payback period is the time taken to recover the initial capital outlay of an investment assuming no interruption of anticipated net cash flow or free cash flow. Computed by dividing initial investment by the anticipated cash flow per year. ($80, 000/$20, 000) = 4 years

Net Present Value (NPV) e is used to analyse the profitability of an investment by discounting future anticipated cash flows. The formula for computing NPV is: [(Cash flows)/(1+r)i] where cash flows is the anticipated cash flow each year,, r is the discount rate, in this case, required rate of return and the i indicated the time period. The NPV is calculated as: [(20,000/(1.1) +20,000/(1.1)^1 +20,000/(1.1)^2 +20,000/(1.1)^3 +20,000/(1.1)^4 +20,000/(1.1)^5 + 20,000/(1.1)^6] = $87, 105

Profitability Index is used to quantify the amount of value created per unit of investment. It is computed as: Net Present Value/ Initial Investment , that is, $87105/$80,000 = 1.089. This means that for every dollar invested, the project generates value of $1.089

Internal Rate of Return (IRR) makes the present value of the project equal to zero. The higher the IRR , the more profitable the project. In this case, the most accurate way this value can be computed is by using a calculator and computing the IRR. N (time period) = 6 , PV(present value of initial investment) = -80, 000, PMT (cashflows per year) = 20,000 Comp I/Y (rate of return) = 12.978%

The variables computed above indicate that undertaking this project would be profitable for the company.

7 0

3 years ago