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denis-greek [22]
3 years ago
11

Gross domestic product (gdp) is the total market value of all intermediate and final goods and services produced by an economy i

n a one-year period, measured at market prices.
a. True
b. False
Business
1 answer:
MrMuchimi3 years ago
7 0
A. true
the gross domestic product acts as a quantitative measure of an economy's economic activity on an annual basis

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Xavier and alex plan on retiring 27 years from today. at that time, they plan to have saved the same amount. javier is depositin
hammer [34]

The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.

<h3>How to calculate the value?</h3>

We use the formula:

A=P(1+r/100)^n

where

  • A=future value
  • P=present value
  • r=rate of interest
  • n=time period.

Hence future value Javier will be:

=$15000*(1.052)^27

=$58,954.40

For Alex:

58,954.40=P*(1.062)^27

P=58,954.40/(1.062)^27

=$11618.61

Hence difference will be:

=15000 - 11618.61

= $3381.39

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3 0
1 year ago
Which of the following is not true in regard to selling fixed assets?
hichkok12 [17]
Your answer is C. Accumulated Depreciation will be credited. :D
5 0
3 years ago
A manufacturing firm has discontinued the production of a certain unprofitable product line. Considerable excess production capa
harina [27]

Answer:

Please kindly check explaination for the details.

Explanation:

a.

Decision variables:

Let

X1 = no of units of product X1

X2 = no of units of product X2

X3 = no of units of product X3

Objective function is to maximize profits

Max Z = 20X1 + 6X2 + 8X3

Constraints:

8X1 + 2X2 + 3X3 <= 800

4X1 + 3X2 <= 480

2X1 + X3 <= 320

X1, X2, X3>=0

b.

please see attachment for the excel solutions.

c.

X1 = 0

X2 = 160

X3 = 160

Z = 2240

3 0
3 years ago
A bank has stock shares of $100,000, property assets of $90,000, and cash of $10,000. If households and businesses decide to dep
Llana [10]

The answer is stock shares = $100,000, property assets = $90,000,       cash = $60,000, and loans & advences = $50,000

Given,

stock shares = $100,000,

property assets = $90,000,

and cash = $10,000.

households and businesses decide to deposit $50,000 in the bank as checkable deposits.

The balance sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time.

It also details the balance of income and expenditure over the preceding period.

Therefore when households and businesses decide to deposit $50,000 in the bank as checkable deposits, it will be shown in balance sheet as:

Cash = Previous balance + checkable deposits

         = 10,000 + 50,000

         = $60,000

Loans & advances : checkable deposits = $50,000

Hence, the balance sheet will be stock shares = $100,000, property assets = $90,000, cash = $60,000, and loans & advences = $50,000.

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8 0
2 years ago
During April, the production department of a process operations system completed and transferred to finished goods 31,000 units
Shalnov [3]

Answer:

E) $3.00.

Explanation:

The computation of direct materials cost per equivalent unit is shown below:-

Equiavent unit with respect to material = $31,000 + $88,000 + $30,000

= 149000 units

Total direct material cost = $109,600 + $336,800

= $446,400

Direct materials cost per equivalent unit = Total direct material cost ÷ Equiavent unit with respect to material

= $446,400 ÷ 149,000

= $3 per unit

So, we have applied the above formula.

3 0
3 years ago
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