Answer:
b. An increase of $15 million
Explanation:
The computation of the cash impact of the change in working capital is shown below:
As we know that
Working capital = Current assets - current liabilities
So, the change in working capital is
= Increase in current assets - increased in current liabilities
= $40 million - $25 million
= $15 million
Hence, the b option is correct
Answer:
The correct words for the blank spaces are: Government purchases; Government Expenditures.
Explanation:
Government purchases refer to the expenses the central government incurs in federal, state, and local agencies. These purchases represent part of the <em>Gross Domestic Product</em> (GDP) of the country considering transfer payments are not including in these expenditures.
When the transfer payments are added to the government purchases the result represents the Government Expenditures. It is one of the factors of the GDP along with private investments, individuals' consumption, and net exports (exports minus imports).
Answer:
$600,000
Explanation:
For computing the overhead applied first we have to find out the predetermined overhead rate
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)
= $800,000 ÷ 200,000 hours
= $4
Now the overhead applied is
= Actual direct labor-hours × predetermined overhead rate
= 150,000 hours × $4
= $600,000
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Answer:
- 2004 ⇒ $2,640 million
- 2009 ⇒ $12,540 million
- 2014 ⇒ $18,655 million
Explanation:
2004 balance on services
= Services Credit, (exports) - Services Debit, (imports)
= 38,281 - 35,641
= $2,640 million
2009
= 92,889 - 80,349
= $12,540 million
2014
= 156,252 - 137,597
= $18,655 million
