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Lilit [14]
3 years ago
13

What is the various nation income meature

Business
1 answer:
mars1129 [50]3 years ago
6 0

Explanation:

Concept of National Income

The National income is the total amount of income accruing to a country from economic activities in a year time. It includes payments made to all resources either in the form of wages, interest, rent, and profit.

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Five years ago, Alicia invested $10,000 at 5% interest. How much less money would she have today if she had invested the money a
Strike441 [17]

Answer:

$596.29 less

Explanation:

A = P(1+r)^n

P = $10,000

n = 5 years

If she invested at 5%, r = 5% = 0.05

A = 10,000(1+0.05)^5 = 10,000 × 1.05^5 = $12762.82

If she invested at 4%, r = 4% = 0.05

A = 10,000(1+0.04)^5 = 10,000 × 1.04^5 = $12166.53

Amount of money she would have less if she invested at 4% instead of 5% = $12762.82 - $12166.53 = $596.29

3 0
3 years ago
What is one of the benefits of the current pattern of global trade?
Harlamova29_29 [7]

Answer:

The correct answer is A. One of the benefits of the current pattern of global trade is that consumers pay lower prices for goods and services.

Explanation:

Today, globalization has expanded international markets, interconnecting nations and their economies through free trade agreements, tariff elimination agreements and even through the transfer of companies from developed countries to peripheral countries, generating work in these nations and lowering production costs that allow reducing prices. All this allows consumers to access goods and services at a much lower cost than they previously accessed, thus reducing the amount they dedicate to consumption and thus increasing the performance of their wages, even allowing poverty reduction and a greater quality of life for people.

6 0
3 years ago
Read 2 more answers
The Breeze trading company discloses the following information for the month of August 2016.
s344n2d4d5 [400]

Answer:

Periodic system: FIFO ; COGS= $11400, closing inventory = $7700, gross profit=$14000. LIFO = closing stock= 6600, COGS=$12500, gross profit=12900.

perpetual system: FIFO ;COGS=11400, closing stock= $7700, gross profit= $11400. LIFO ; COGS=$12500, closing stock= $6600, gross profit = $12900

Reason for a higher gross profit in FIFO than LIFO is some of the stock ends up not being sold as they are maybe old, out-fashioned, and obviously new trend come about everyday.

Explanation:

PERIODIC    

DR  purchases account    CR

11-Aug bank 9600  inventory 16100

20-Aug bank 6500    

     

                <u>16100</u>                  <u> 16100 </u>

 FIFA cost of sales  

   

opening balance   3000

purchases     16100

closing             7700

cost of sales     <u> 11400</u>

gross profit   <u>14000</u>

sales           25400

cost of sales   11400

closing inventory           <u>7700</u>

200 units from 11 aug   1200

1000 units from 20 aug   6500

LIFO  

closing balance         <u>6600</u>

600 units from 01 aug   3000

600 units from 11 aug   3600

Cost of sales  

opening stock  3000

purchases   16100

closing stock   6600

cost of sales   <u>12500</u>

   

gross profit   <u>12900</u>

sales         25400

cost of sales   12500

perpetual inventory system    

  FIFA

cost of sales   <u>11400</u>

10-Aug   2000

15-Aug   5800

27-Aug   3600

3 0
4 years ago
A firm is considering the purchase of a $500,000 machine for its business. The machine is expected to increase sales by $237,000
d1i1m1o1n [39]

Answer:

c. Reject the project because the NPV is negative $120,921

Explanation:

As we know that the depreciation is a non-cash expense so here we need to add the depreciation expense again

Now the cash inflow would be $100,000 each year i.e. for 5 years

And, the initial investment is $500,000

Now we have to use the formula of NPV in an excel by using the NPV function

=NPV(rate,Year1 to Year5 cashflows)-Year0 cashflow

=NPV(10%,Year1 to Year5 cashflows)-500000

=-120,921

So as we can see that the npv comes in negative so the project should be rejected

Therefore the correct option is c.

4 0
3 years ago
Mayree is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selec
baherus [9]

Answer:

Inventory turnover

Explanation:

Inventory turnover is the ratio which states how many times the company has sold as well as replaced the inventory during the stated period. The company could divide the days in the year through the formula of inventory turnover in order to compute the days it need to sell the inventory.

So, in the case, if she compute the inventory turnover ratio for the store and then compare with other stores. And higher inventory turnover ratio states the greater amount of efficiency in the business operations. The objective is to maximize the use of the cash and minimize the inventories.

8 0
3 years ago
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