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3 years ago

Briefly explain the term gross value added at basic prices

1 answer:

7 0

Gross value added (GVA) is defined as output (at basic prices) minus intermediate consumption (at purchaser prices); it is the balancing item of the national accounts' production account. GVA can be broken down by industry and institutional sector.

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Milner Frosted Flakes Company offers its customers a pottery cereal bowl if they send in 3 box tops from Milner Frosted Rakes bo

ladessa [460]

Answer:

$87, 500.

Explanation:

1 Pottery cereal bowl = 3 box tops + $1

60% of the box tops will be redeemed. In 2007

Total sales = 675,000 boxes of Frosted Flakes

Estimated to be redeemed = 60% of 675,000 = 405,000 boxes

Already redeemed = 330,000 box tops

Outstanding = Estimated redemption - Already redeemed

Outstanding = 405,000 - 330,000 = 75,000 box tops

1 Pottery cereal bowl = 3 box tops

Outstanding cereal bowl = 75,000/3 = 25,000

Cost of cereal bowl = $2.50

Monetary compensation = $1

Outstanding premiums = 25,000 x ($2.50 + $1)

= 25,000 x $3.5

= $87,500

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3 years ago

Read 2 more answers

Shopeazy inc. operates a chain of supermarkets. the managers and employees of the company have been on strike for months due to

BartSMP [9]

Answer:

In this scenario, Zeltro Investments can be best categorized a "corporate raider".

Explanation:

A corporate raider refers to a person who is an investor and purchases an expansive number of offers in any organization or corporation and the value of the assets of that corporation is not high. Corporate raiders can use different methods to take on changes, for example they can use their power to cast a vote.

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3 years ago

Robert wants to consolidate his credit card debts into one loan using the equity in his home. His house bas a market value of $2

Gre4nikov [31]

Take value of the home $210,000
Subtract his balance of 160,000
Leaves you with 50,000
50% of 50,000= 25,000

7 0

3 years ago

On January 1 of the current year, Barton Corporation issued 11% bonds with a face value of $105,000. The bonds are sold for $99,

Aleonysh [2.5K]

Answer:

b.$12,600

The bond effective interest expense for the year ended December 31 is $12,600

Explanation:

We need to get the computation of the discount value of the bond using the straight-line method first and Interest Earned

Discount Value= (Face Value - Sales Value) / Years

D.V= $105,000 - $99,750 / 5

D.V= $1,050 Per year

Interest Expenses= Face Value * Bond issued

=$105,000 * 11%

=$11,550

We need to Compute the interest expense of the bond as well

Bond Interest Expenses = Interest Expense + Discount Value

=$11,550 + $1,050

=$12,600

The bond effective interest expense for the year ended December 31 is $12,600

3 0

3 years ago

A revenue that is foregone (or given-up) as a result of doing a another activity is known as:________

Vitek1552 [10]

Revenue that is foregone (or given up) as a result of doing another activity is known as an opportunity cost

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, In the context of microeconomic theory, the opportunity cost of a certain action refers to the value or gain that is lost as a result of participating in that activity as opposed to participating in an alternative activity.

To put it another way, it indicates that if you choose one activity over another, you will not be able to participate in the other choice.

In conclusion, An opportunity cost is the amount of potential income that is lost as a direct consequence of a decision to engage in another activity instead.

Briefly explain the term gross value added at basic prices ​

Briefly explain the term gross value added at basic prices