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chubhunter [2.5K]
3 years ago
15

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Business
1 answer:
Jobisdone [24]3 years ago
7 0

Answer:

Explanation:

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"Which of the following is correct?
ICE Princess25 [194]

Answer: Option (B) is correct.

Explanation:

The nominal GDP is equal to the real GDP in the base year, that's why GDP deflator in the base year is equal to 100.

GDP deflator is calculated as the nominal GDP divided by the real GDP multiply by 100. It is shown as:

GDP deflator = \frac{Nominal\ GDP}{Real\ GDP} \times 100

GDP deflator would be used as the conversion factor that transformed the real GDP into nominal GDP.

5 0
3 years ago
Tracy Company, a manufacturer of air conditioners, sold 270 units to Thomas Company on November 17, 2021. The units have a list
coldgirl [10]

Answer:

November 17, 2021

Dr. Inventory              $81,000

Cr. Account payable $81,000

November 26, 2021

Dr. Account Payable $81,000

Cr. Discount Income $2,430

Cr. Cash                     $78,570

December 15, 2021

Dr. Account payable $81,000

Cr. Cash                     $81,000

Explanation:

Sales Amount = 270 units x $400 = $108,000

Discount = $108,00 x 25% = $27,000

Net Sales = $108,000 - $27,000 = $81,000

Terms of sale 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

Payment made on

November 26, 2021

As the payment is made within discount period, so discount will be availed

Discount = $81,000 x 3% = $2,430

Cash received = $81,000 - $2,430 = $78,570

December 15, 2021

As the payment is made after discount period, so no discount will be availed.  Full payment of $81,000 will be made.

3 0
3 years ago
in may 2021, sandra's office was burglarized, and she determined that approximately $21,000 of equipment was taken. in september
victus00 [196]

The replacement period ends on December 31,2023 based on the information given about the insurance.

<h3>How to explain the information?</h3>

It should be noted that the replacement period is the period beginning and ending the reimbursement of an equipment.

It should be noted that the replacement will begin on the date when the equipment was stolen. In this case, it will then end two years after the close of the first tax year where the part of gain is realized.

Therefore, the replacement period ends on December 31,2023

Learn more about insurance on:

brainly.com/question/25855858

#SPJ1

Options

A) September 30, 2023

B) December 31, 2023

C) December 31, 2022

D) December 31, 2021

5 0
2 years ago
The demand curve for a monopoly is horizontal because the demand is perfectly elastic. upward sloping. vertical because the dema
timama [110]

Answer:

Downward sloping

Explanation:

According to the law of demand, this law states that there is a inverse relationship between the price of a commodity and the quantity demanded for a commodity. This indicates that as the price of the commodity increases then as a result the quantity demanded for that commodity decreases and as the price of the commodity decreases then as a result the quantity demanded for that commodity increases.

Monopoly refers to the market conditions in which there is only a single firm operating in a whole market.

Hence, due to this inverse relationship between the price and the quantity demanded, the demand curve for a monopoly firm is downward sloping.

4 0
3 years ago
Improving your flexibility can benefit you in many ways. It can help you execute precise and difficult maneuvers better in sport
GarryVolchara [31]

Answer:

Explanation:

A good flexibility program will prevent injuries and increase performance. It helps to relax the muscles, enhances the posture and also improves blood flow.

3 0
3 years ago
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