Answer:
<u>$4387 b</u> but Real Income GDP will be <u>$4500 b</u> ..
Explanation:
This nominal GDP signifies the worth of all those ultimate assets including assistance that economics performed throughout a provided year. The aforementioned is calibrated by implementing the uses that remain contemporary throughout the year while which that output is generated. Meanwhile, in economics, a nominal worth is formulated into monetary sessions.
This is essential to identify amidst the nominal and real value of a nation's internal production including profit. Real GDP estimates a specific amount of production. An expansion in real production signifies that AD has grown quicker than this rate of inflation moreover this prosperity is encountering assertive germination. So according to the above eplaination the answer is mentioned below.
AS/AD model – If an aforementioned administration maintains equanimity into Year 5 including a Value Level concerning $2.54, later Nominal Earnings GDP will remain <u>$4387 b</u> still Real Income GDP will remain <u>$4500 b</u> ..
Answer: Reveals how many times a company sells its merchandise inventory during a period.
Explanation:
The Inventory Turnover Ratio is used to measure how often a company is able to sell off all its inventory within a single period. The higher this is, the better because it means that the company has a high sales rate and is incurring low storage costs since the inventory does not stay with them for long.
It is important to use this ratio relative to the type of industry it is being applied to however. For instance, a car dealership would be expected to have a lower inventory turnover ratio than a grocery store so comparing them using this ratio would be inaccurate.
Answer and Explanation:
The journal entry for cost of goods sold is as follows:
Cost of goods sold Dr $841,300
To Finished goods inventory $841,300
(Being the cost of goods sold is recorded)
The value of cost of goods sold is
= $162,500 + $839,000 - $160,200
= $841,300
Here the cost of goods sold is debited as it increased the expense while the finished goods inventory is credited as it decreased the assets
Answer:
$12,642
Explanation:
The computation of the state tax liability is given below:
Tax Liability is
= [{(Income Tax Base - Non Business Income) × Apportionment Factor} + Allocated Non- business Income] × tax rate
= [{($434,000 - $76,800) × 0.2852} + $61,900] x 0.0775
= [$101,873.44 + $61,250] × 0.0775
= 163,123.44 × 0.0775
= $12,642
Answer:
The answer is: A) 0$
Explanation:
If Tomika Corporation's current and accumulated earnings and profits was $0, the fact that it distributed $10,000 to Alana (sole shareholder) wouldn't change that number. The only thing that has changed in Tomika is the amount of equity.
For earnings and profits account to change, Tomika must make or lose some money doing business.
