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:
What is the appropriate amount of Bad Debt Expense?
Bad debt expense $ 1,178
Allowance for Uncollectible Accounts $ 1,178
Explanation:
The total amount of Allowance for Uncollectible Accounts is a credit of $0,400
Accounts Receivable $ 10,400
Allowance for Uncollectible Accounts $ 0,400
- The aging method indicates that the total amount must be :
Acc. Rec Allow.
7% $ 7,000 $ 0,490 Not yet due
15% $ 1,700 $ 0,255 1-30 days
49% $ 1,700 $ 0,833 more than 30 days
$ 10,400 $ 1,578
- It's necessary to entry the next journal entry to meet the amount indicated by the aging method.
Bad debt expense $ 1,178
Allowance for Uncollectible Accounts $ 1,178
The government may either sell goods or render services like train, city bus, electricity, transport, posts and telegraphs, water supply, etc. The government also earns revenue from the production of commodities like steel, oil, life-saving drugs, etc.
Answer: Practical intelligence
Explanation: In simple words, practical intelligence refers to the ability of an individual to shape and fit itself according to the demands of the environment.
In the given case, Martha worked with a company that had a casual and open atmosphere. But after joining employment in a bank she herself understood that different attitude will be needed there to work. She herself adjusted her personality and dressing as per the demand of the environment.
Hence from the above we can conclude that she is exhibiting practical intelligence.
Answer:
.4792 or 47.92%
Explanation:
The computation of the weight of C is shown below:
But before that first determine the following things
For A is
= 100 × $22
= $2200
For B
= 600 × $17
= $10200
For C
= 400 × $46
= $18400
For D
= 200 × $38
= $7600
So,
Total = 38400
And, finally
weight of C is
= $18,400 ÷ $38,400
= .4792 or 47.92%