Answer:
a. Annual consumer expenditure
9,000,000,000* $0.24= $2.16 billion
b. farmers receive for wheat production
19,000,000,000* $0.24=$4.56 billion
c. government expenditure on wheat
total production by farmers minus total purchase by consumers (because excess production is stored by the government)
$4.56 billion - $2.16 billion = $2.46 billion
Answer:
Measure of value
Explanation:
Measure of value: It is the function of money that help in differentiating the value of different goods and services. Money is used as unit of value. In today´s world, most common exchange mode we use is money, therefore we use money value to measure the value of any object.
Following formula we use to measure value of goods.
Value= 
Value is also derived by benefit we earn after investing some money to it.
In the given case, Friend have used the value of money to define the worth of Car.
Answer:
B)monitoring competitors
Explanation:
Competitors monitoring can be regarded as SWOT analysis of the organization competitors, it helps in the awareness of moves that can be taken by the firm compititors such as as the marketing strategies, stock as well as as pricing policy. It should be noted that for a manager to initiate activities that will support environmental scanning. Monitoring competitors activity should be used by this manager for this purpose.
Answer:
Carly will have $1,433 in her account at the end of 10 years.
Lara will have $1,280 in her account at the end of 10 years.
Explanation:
Simpe interest pays the simple trust on the principal amount. There is no reinvestment of interest.
In compounded Interest the Interest earned from the investment is reinvested and again interest on principal and interest amount reinvested is earned.
Carly Deposit balance
Principal amount = $800
Blance after 10 years = $800 ( 1+ 6% )^10 = $800 x 1.791 = $1,433
Lara Deposit balance
Principal amount = $800
Amount of Interest for 10 years = 800 x 6% x 10 = $480
Blance after 10 years = $800 + $480 = $1,280
Answer:
Mountain and Meadow Tree services prepaid rent $6,600 on December 1 for 6 months rent.
Note for asset and expense accounts when they increase you debit and when they reduce you credit.
The first entry
On December 1 : Debit Prepaid Rent account for $6,600
Narration: Prepaid rent for 6 months
Balance: $6,600
Since the rent is for 6 months, monthly payment will be= 6,600/6= $1,100
On December 31 post the following adjusting entries
December 31 : Debit Rent Expense $1,100
Narration: Rent for December
Balance: $1,100
December 31 : Credit Prepaid Rent $1,100
Narration: Rent for December
Balance: $5,500
