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3 years ago

The importance of national income statistics to the government of Ghana

Business

1 answer:

Zarrin [17]3 years ago

5 0

Answer:

Explanation:

Importance of National Income Statistics to the government of Ghana

The importance of national income statistics to the government of Ghana can not be understated.

There are many importance and uses of national income statistics among which includes the following:

1. It shows the standard of living: National income statistics gives an indication of the standard of living of the people of Ghana through the measure of per capita income.

2. For economic policies and planning: The national income statistics is vital for economic policy formulation and planning

3. It gives pattern of expenditures of households: The national income data give an idea of the pattern of expenditure of households

4. Comparison purposes: The per capita income which is obtained from the national income estimate is used to compare the standard of living of Ghana with other countries.

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Read 2 more answers

Plutonic Inc. had $400 million in taxable income for the current year. Plutonic also had an increase in deferred tax liabilities

Sergeu [11.5K]

Answer:

Increase of 130 million

Explanation:

In this question, we are looking to evaluate what has happened to change in deferred tax assets. We proceed as follows;

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3 years ago

Sparks Corporation has a cash balance of $19,500 on April 1. The company must maintain a minimum cash balance of $16,000. During

Ganezh [65]

Answer:

Cash borrow = 10500

so correct option is a. $10,500

Explanation:

given data

Ending cash balance = $16,000

Beginning cash balance = $19,500

expected cash receipts = $68,000

Cash disbursements = $82,000

solution

we know that Ending cash balance is express as

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrow .............................1

we get here Cash borrow put here value

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Answer:

The journal entry for the issuance of the common stock is shown below:

Explanation:

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Common Stock A/c........................Cr $30

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