Answer:
B. An unsold inventory of automobiles produced in that year
Explanation:
GDP is the measure of all the total value goods and services produced within the borders of a country per period. In calculating GDP, economists consider the value of finished products only. Capital goods or goods used to manufacture other products are also not included in GDP. Excluding capital and work-in-progress eliminates the chances of double counting.
The flour used in bakeries and the steel used in the production of automobiles are inputs used to make other goods; hence they will not be included in GDP calculations. Goods produced in the previous period cannot be included in the current GDP calculation as they were accounted for in the year of their production.
Answer: so when you think about it just know you can do it
Explanation:
12345678910
<span>Ricardo can most likely recover the cost of his injury from oxley in a suit based on the tort theory of outrage. This theory is also called the
Intentional infliction of emotional distress (IIED). It is a common law tort which allows individuals to recover for severe emotional distress caused by another individual that intentionally or recklessly inflicted emotional distress by behaving in an extreme and outrageous way.</span>
<span>to obtain a product from another country </span>
Answer:
The answer is: Poppy's COGS were understated by $31,000
Explanation:
To find how the cost of goods sold were affected by the accounting errors we must add the errors in the inventory records plus the error in the purchasing records.
- Errors in inventory records = $30,000 understated inventory (Jan 1) - $17,000 understated inventory (Dec 31) = $13,000 understated
- Error in purchasing records = $20,000 real cost - $2,000 record = $18,000 understated
How COGS were affected:
$13,000 understated + $18,000 understated = $31,000 understated