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Stels [109]
3 years ago
7

Brendan buys a used car in April 2020 from his neighbor for $20,000. After one month, he loses his job and decides to sell the c

ar to get some cash. He sells the car for $22,000 to a car dealer. The dealer fixes a few things here and there and sells the car for $27,000 in July 2020. Because of these transactions, the 2020 nominal GDP increases by ______ dollars.
Business
1 answer:
zubka84 [21]3 years ago
5 0

Answer:

the increase in nominal GDP is $29,000

Explanation:

The computation of increase in nominal GDP is as follows:

= Selling value of car + difference

= $22,000 + ($27,000 - $20,000)

= $22,000 + $7,000

= $29,000

hence, the increase in nominal GDP is $29,000

We simply added the selling value and the difference

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In 2017, Oriole Corporation reported net income of $1,004,700. It declared and paid preferred stock dividends of $278,600. Durin
nexus9112 [7]

Answer:

$3.62

Explanation:

The dividend distributed to common share = total net income - dividend for preferred stock

=  $1,004,700 -  $278,600

=  $726,100

Earnings per share (EPS) = The dividend distributed to common share / common shares outstanding

= $726,100/ 200700

= $3.62

4 0
3 years ago
Mining Corporation bought land for $330,000 (residual value $22,000) that is estimated to yield 660,000 pounds of a removable na
likoan [24]

Answer:

35933

$46,200

Explanation:

Depletion = amount of pounds extracted x depletion factor

depletion factor  = (cost of asset - salvage value) / estimated yield

(330,000 - 22,000) / 660,00 = 0.467

2021 = 0.467 x 99,000 = $46,200

6 0
3 years ago
Management in the News In April 2010, the explosion of British Petroleum’s (BP) Deepwater Horizon oil drilling rig and the accom
Firlakuza [10]

Answer:

Event Dimension BP stock prices falling 25% during the first month after the oil spill. <u>ECONOMIC. </u>

The Economic dimension of the environment deals with production in the economy which means that it deals with business entities and the financial system. Dimension BP stock price falling therefore falls under her.

Using deep-se submersibles to take pictures of the oil leak a mile below the surface of the water. <u>TECHNOLOGICAL. </u>

The Technological dimension of the environment refers to anything related to the use of technology and using deep-sea submersibles to take pictures of the leak below the surface of the water will definitely fall under technology.

People moving from Louisiana to Oklahoma to avoid the effects of the spill. <u>SOCIOCULTURAL. </u>

Sociocultural dimension deals with human beings and how they relate with themselves and the environment around them. People therefore moving from Louisiana to Oklahoma will fall under here.

3 0
3 years ago
In the new department she is setting up, Shondra decides that top managers will report to her and that everyone else will report
Drupady [299]

The management function that Shonda is performing when she decides that top managers will report to her while everyone else reports to the head of human resources is <u>iii. organizing.</u>

<h3>What is Organizing in management functions?</h3>

Organizing is that function of management involving the development an organizational structure so that human resources are arranged for the achievement of organizational objectives. Organizing also involves the design of the jobs of individuals.

Thus, the management function Shondra performs here is <u>Option III</u>.

Learn more about management functions at brainly.com/question/17083312

7 0
2 years ago
You own a stock portfolio invested 30 percent in Stock Q, 25 percent in Stock R, 25 percent in Stock S, and 20 percent in Stock
Reptile [31]

Answer:

Portfolio beta = 1.1075

Explanation:

The portfolio beta is a function of the weighted average of the individual stocks betas' that form up the portfolio. To calculate the portfolio beta, we use the following formula,

Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N

Where,

  • w represents the weight of each stock in portfolio

Portfolio beta = 0.30 * 0.95  +  0.25 * 1.12  +  0.25 * 1.13  +  0.20 * 1.30

Portfolio beta = 1.1075

6 0
3 years ago
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