<u>Included in the GDP of the U.S</u>:
- Honda assembly and sale of cars in the U.S.
- Old Navy purchases mannequins to display clothes
<u>NOT included in the GDP of the U.S:</u>
- Sales of wheat to Mrs. Baird's Bakery.
- Resale of used textbooks to college students.
- GM's assembly and sale of cars in Mexico.
- Ocean Spray purchases plastic to make bottles.
<u>Explanation</u>:
Gross Domestic Product (GDP) helps in measuring the production of goods and services in the country. The economic growth of the country is estimated by observing the GDP. One way to increase GDP is by increasing the literacy rate of the country.
Based on the given goods, the following can be included in the GDP of United States of America:
Assembly and sale of cars by Honda company in America.
Mannequins are purchased by Old Navy to display clothes.
Answer:
generates positive cash flows over and above its internal requirements, thus providing a corporate parent with cash flows that can be used for financing new acquisitions, investing in cash hog businesses, funding share buyback programs, and/or paying dividends.
Explanation:
In Economics, a cash cow business produces large internal cash flows over and above what is needed to build and maintain the business. On the other hand, the internal cash flows of a cash hog business are too small to fully fund its operating needs and capital requirements.
Hence, a cash cow type of business generates positive cash flows over and above its internal requirements, thus providing a corporate parent with cash flows that can be used for financing new acquisitions, investing in cash hog businesses, funding share buyback programs, and/or paying dividends. Some examples of cash cow businesses are coca-cola, kellogg's corn flakes, Apple's iPhone, Microsoft Windows, Ford trucks, etc.
Section A = 22,500 seats
section B = 14,900 seats
section C = 7,600 seats
Answer:
False
Explanation:
The marginal cost curve intersects across total curve at the options level where average costs are zeo
Work
Answer and Explanation:
The journal entry is shown below:
Parking Lot A/c Dr. $82,000
To Asset Retirement Obligation A/c $82,000
(being the parking lot is recorded)
Here we debited the parking lot as it increased the assets and credited the asset retirement obligation as it also increased the liability
The amount i.e. to be recorded should be equivalent to the fair value of the obligation and the same is to be considered
