All categories

3 years ago

Are now the largest single component of the supply side of gdp, representing over half of gdp.

Business

2 answers:

saveliy_v [14]3 years ago

4 0

Services are now the largest single component of the supply side of gdp, representing over half of gdp.

Alborosie3 years ago

4 0

Services are now the largest single component of the supply side of gdp, representing over half of GDP.

Reason: In the 21st century which is called as the information age services has become the largest contributor to the supply side of the GDP replacing manufacturing which held the position earlier. Due to rapid growth of the internet, the global population is more focused on the services part which makes it a large component

You might be interested in

Last year Dania Corporation's sales were $525 million. If sales grow at 10.5% per year, how large (in millions) will they be 8 y

Andru [333]

In 8 years, Dania Corporation's sales would be $936.33 million.

Solution:

Since last year sales = $525 million,

Let last year be Year 0

So, in year 0 = $525 million.

Sales grow = 7.5% per year,

Year 1,

525 x 1.075 = $564.375 million.

Year 2,

564.375 x 1.075 = $606.7 million

Year 3,

606.7 x 1.075 = $652.2 million

Year 4

652.2 x 1.075 = $701.12 million

Year 5

701.12 x 1.075 = $753.7 million

Year 6

753.7 x 1.075 = $810.23 million

Year 7

810.23 x 1.075 = $871 million

Finally in year 8

871 x 1.075 = $936.33 million

To learn more about sales visit:

brainly.com/question/14253274

#SPJ4

3 0

2 years ago

Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials

Amiraneli [1.4K]

Answer:

$8.20 per pound

Explanation:

The computation of the actual price per pound is shown below:

Material price variance = (Standard price per pound - Actual price per pound) × Actual quantity purchased

-$7,000 = ($8.00 - Actual price per pound) × 35,000

$8.00 - Actual price per pound = -$7,000 ÷ 35,000

Actual price per pound = $8.20 per pound

Hence, the actual price per pound is $8.20 per pound

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

Cash dividends paid on capital stock would be reported in the statement of cash flows in a.the Cash flows from investing activit

Basile [38]

Answer: The answer is c.the Cash flows from financing activities section

Explanation: Cash flows from financing activities section of the statement of cash flows provides an insight on how the company is funded. It shows the net cash flows used in funding the company. Transactions that appear under that section comprise debt, equity and dividends.

Investors analyze this section of the cash flows to know how the capital structure of an organization is managed to further understand the financial strength of the organization.

3 0

3 years ago

Which 4 statements are correct regarding the QuickBooks Online Receipt Capture feature?

Scilla [17]

Answer:

A. The Receipt Capture feature uses Optical Character Recognition (OCR) technology to read and transform receipt data to QuickBooks Online. ⇒ TRUE

B. If QuickBooks Online finds an expense already entered in QuickBooks Online, it will suggest that you match the receipt to the existing transaction. ⇒ TRUE

C. You can snap a picture of a receipt, then review, match, or add it directly from the QuickBooks Online mobile app. ⇒ TRUE

D. QuickBooks Online will fill in the fields it can for the expense using the OCR data. ⇒ TRUE

Explanation:

the other options are false because:

E. You can assign a payee, account, payment date, category, description, amount, and memo to the expense transaction in the Review screen.
F. You can only have one sender email registered to forward receipts in each company. ⇒ FALSE, you can connect to multiple accounts, generally for different clients. You can use the "Add new sender" link.

3 0

3 years ago

Explain two situations where scarcity effects you

s344n2d4d5 [400]

When I got into a crash ig

4 0

3 years ago

Read 2 more answers