Answer:
$220 billion
Explanation:
GNP is $200 billion
Factor income from the rest of the world is $10 billion
Factor income to the rest of the world is $30 billion
Therefore the GDP can be calculated as follows
= $200 billion + (30 billion- 10billion)
= $200 billion + 20 billion
= $220 billion
Hence the GDP is $220 billion
Assuming Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. This refers to as working capital management.
<h3>What is Working Capital Management?</h3>
Working capital management can be defined as the way in which a company or an organization ensures that both their current asset and current liabilities are put in use effectively and efficiently.
A company who make use of working capital management as a strategy will tend to ensure that their liabilities does not exceed their assets so as to maintain the company financial health.
Therefore this refers to as working capital management.
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Answer:
Over-applied by $70,000
Explanation:
Overhead Rate: Expected overhead / Expected Labor cost
Overhead Rate: $600,000 / $400,000
Overhead Rate: 150% or $1.5 for every $1 cost of labor
Overhead Applied
Actual Labor Cost: $440,000
Overhead Applied: $440,000 * 150%
Overhead Applied: $660,000
Actual Overhead: $590,000
Over-Applied: Applied Overhead - Actual Overhead
Over-Applied: $660,000 - $590,000
Over-Applied: $70,000
The award received after completing a four year undergrad program is called a bachelors degree.
The type of business that is a special type of license agreement is a partnership, as there is a legal written agreement between two parties, that grants the right to use trademarks and patents.
A partnership is a business that is shared by two or more entities, where the parties share legal and financial responsibility through a legal agreement.
Partnerships are more effective for businesses operating in the same sector, for the partnership to be more aligned with the business and increase the companies' positioning in the market.
Therefore, in a partnership, the parties involved will specify through a license agreement the distribution of property, profits and losses, responsibilities and their commercial relationship.
The correct alternative is letter A.
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