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2 years ago

refer to the accompanying national income data (in billions of dollars). the gross domestic product for this economy is

Business

1 answer:

jeka942 years ago

4 0

Answer: $623 billion

Explanation:

Gross Domestic Product refers to the final value of the goods and services produced within a country in a certain period which is usually a year.

It can be calculated by several approaches with one of them being the Expenditure approach.

The formula is:

= Consumption + Investment + Government spending + Net exports

= 400 + 88 + 128 + 7

= $623 billion

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In 2019, Dan transferred 5-year property to Fleck Corp. in a tax-deferred Section 351 transaction. Fleck took Dan's adjusted bas

irina1246 [14]

Answer:

The property will be depreciated using the remaining 3 years of its life after the tax-free incorporation transfer year. This is because Dan had already depreciated the property for 2 years before the transfer.

Explanation:

Sec. 351 allows a tax-free incorporation transfer if certain requirements are met, including that the property must be transferred to Fleck Corporation by Dan in exchange for stock in Fleck Corporation, and, immediately after the exchange, the Fleck Corporation is in control.

7 0

2 years ago

At its simplest, acquisition management can be viewed as:

Goryan [66]

Answer:

The correct answer is letter "D": project management plus operations management.

Explanation:

Acquisition management refers to all the efforts a company makes to obtain the materials necessary for the operations process stage to take place. Labor, land, and equipment are the main factors that the company must acquire to make its project become true. Under that scenario, project management and operations management are the core of the acquisition management.

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2 years ago

You decide to invest in a period annuity that offers 4.5% APR compounded monthly for 20 years. How much money will you need to i

USPshnik [31]

$553,229.03 this is the answer for APEX

7 0

2 years ago

The 2012 financial statements of Marker Co. contain the following selected data (in millions).

Anna11 [10]

Answer:

a.67.9%.

Explanation:

Debt to Total Assets Ratio = Total Liabilities / Total Assets x 100

Total Liabilities = $95,000,000

Total Assets = $140,000,000

Debt to Total Assets Ratio = $95,000,000 / $140,000,000 x 100

Debt to Total Assets Ratio = 0.679 x 100

Debt to Total Assets Ratio = 67.9%

Hence, The Assets of Marker Co. are 67.9% funded by creditors.

5 0

3 years ago

Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec

choli [55]

Answer:

Explanation:

The computation of the depreciation expense under straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($42,000 - $1,990) ÷ (5 years)

= ($40,010) ÷ (5 years)

= $8,002

In this method, the depreciation is same for all the remaining useful life

The journal entries are shown below:

For 2019

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

For 2020

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

5 0

2 years ago