Answer:
Total value added to the GDP is $500,000.
Explanation:
Given that,
Automobile factory uses parts that are purchased from foreign countries = $100,000
Total cars produce = 30
Price of each car = $20,000
Total cars sold = 20
Left in inventory = 10
Therefore,
Addition to GDP:
= Total value of car produced - Imports(parts purchased from foreign countries)
= (Selling price of each car × Total cars produced) - $100,000
= ($20,000 × 30) - $100,000
= $600,000 - $100,000
= $500,000
Hence, total value added to the GDP is $500,000.
The yearly budget law, which covers the revenue and expenditure forecasts for a particular year, is planned, approved, executed, and audited within the permanent legal framework provided by the constitution, the budget organic law, and financial rules.
<h3>
What is the Importance of a Budget in business?</h3>
It allows the business owner to focus on cash flow, cost-cutting, boosting earnings and boosting returns on investment. The cornerstone of every successful firm is budgeting. It assists with both planning and maintaining control over the company's finances.
An evaluation of a company's anticipated financial resources or the resources needed to finish a project constitutes a budget estimate. A budget estimate is a rough estimation of the amount of money that will likely be needed to finish a project or the amount of money that will be predicted to be available to a firm or organization.
Learn more about Budget here:
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Answer:
Global marketing strategy
Explanation:
A global marketing strategy (GMS) is a strategy that encompasses countries from several different regions in the world and aims at coordinating a company's marketing efforts in markets in these countries. A GMS does not necessarily cover all countries but it should apply across several regions.
Competing on a global basis allows customers worldwide to be better-informed and more focused on the products and services you offer. Creating a comprehensive global marketing strategy also allows your company to adapt quickly wherever needed based on customer demands and trends in the global marketplace.
Each marketing strategy can communicate to a target market the benefits and features of a product. ..Apple, for example, has invested in creating commercials for television, billboards, and magazines that showcase their products in such a way that their customers feel an affinity towards Apple's products.
Answer:
Explanation:
30 - 21 = 9 years
r = 3% inflation
FV = 25,000
We know that FV = PV(1+r)^n
25,000 = PV(1+0.03)^9
PV = 25,000/ 1.3047731
PV = 19,160.42, this is how much it worth today
They can look at the revenue receipt.
Money supply refer to the entire liquid instruments that a country or an entity have at a specific period of time. By looking at the revenue receipt, they can determine whether the revenue will be in the form of liquid instrument such as cash , short term investment, etc or in the form of receivable<span />
