5% if I am correct please tell me if I am! Thank you!
Answer:
B and C are the same, and none of the answers are correct
Explanation:
Capital gain is the amount of money you earn after selling a property or investment. It's essentially (the price you sold it for) -- (the price you paid for it)
eg if you bought stock for $100 and sold it for $200, you'd have a capital gain of $100 (200-100)
Answer:
The GDP price index for the economy in year 2 is 110.
Explanation:
It is given that the total expenditures for a market basket of goods in year 1 (the base year) were $5,000 billion.
Price of market basket in base year = $5000
In year 2, the total expenditure for the same market basket of goods was $5,500 billion.
Price of market basket in specific year = $5500
GDP price index:
Therefore the GDP price index for the economy in year 2 is 110.
Answer:
COGS = $120,000
Explanation:
We have to determine the average cost per unit:
- 10,000 units at $3 per unit, total cost $30,000
- 20,000 units at $6 per unit, total cost $120,000
There are 30,000 units with a total cost of $150,000. The average cost per unit = $150,000 / 30,000 units = $5 per unit
On August 15, 24,000 units were sold and the COGS was $120,000 (= 24,000 units x $5 per unit)
The answer is state and local governments.
Hope this helps
