Answer:
The answer is: $9 million
Explanation:
The gross domestic product includes all the final and legal goods and services produced in an economy during one year.
Michigan Cranberry produced $10 million worth of cranberries, but in doing so, it imported $1 million worth of supplies from other countries. Cross border labor is included in the GDP.
The net addition of Michigan Cranberries to the US GDP is: $10 million - $1 million (imported supplies) = $9 million
Answer: Records its obligation to pay a dividend
Explanation:
The declaration date is the particular date where the board of directors of a company takes the decision to pay a dividend to all the stakeholders of the company.
A dividend is the benefit a shareholder of a company, gets as a result of the profit the company makes during a period.
Answer:
d) all of the above
Explanation:
they all help you reach your goals
Answer:
The company should order 100 units to minimize total inventory cost.
Explanation:
Given,
Annual Demand, D = 2,000 units
Order cost, S = $20
Purchase cost = $40
Holding cost, H = Purchase cost x percentage of holding cost
Holding cost = $40 × 20%
Holding cost = $8
We know, the company should order the highest number of products with a minimum cost, and for that, the company uses economic order quantity. Hence,
Economic Order Quantity (EOQ) = 
EOQ = 
EOQ = 
EOQ = 100
Answer:
d. Hexagon Inc. cannot be challenged in a court even when it fails to follow up on its promises.
