Answer:
Percentage of Personal consumption expenditures is 70.07%
Explanation:
The most common way to measure the national income account is gross domestic product (GDP)
GDP = C + I + G + (X – M) or
GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
government purchases ($1,050) is government spending
personal consumption expenditures ($4,800) is private consumption
imports ($370)
exports ($240)
gross private domestic investment ($1,130) is gross investment
GDP = $1,050 +$4,800+$1,130+$240-$370=6.850
Personal consumption expenditures proportion is $4,800/6.850=0,7007
in %= 70.07%
Answer:
Option (b) is correct.
Explanation:
Given that,
Total Overhead Cost = $477,000
Number of Units of Product XY = 72,000
Number of Units of Product M = 108,000
Total overhead allocated to Product XY using the current system:
= (Total Overhead Cost ÷ Number of units produced in total) × Number of Units of Product XY
= ($477,000 ÷ 180,000) × 72,000
= $2.65 × 72,000
= $190,800
Answer:
A) Both Riley and Anh are correct.
Explanation:
to see who is right we can calculate:
PV = FV / (1 + r)ⁿ
FV = PV x (1 + r)ⁿ
Riley's statement:
PV = $700 / (1 + 6%) = $660.38
PV = $700 / (1 + 3%)² = $659.82
Riley is right
Anh's statement:
FV = $700 x (1 + 6%) = $742
FV = $700 x (1 + 3%)² = $742.63
Anh is right
They are both right due to compound interest, since compound interest means that the interest earned will also earn more interest.
Answer:
A
Explanation:
If stock A has a lower dividend yield than stock B, its expected capital gains yield must be higher than stock B's
This i true because's required return for stock A is higher than that of stock B and if the dividend yield is lower than that of B then the growth rate of A must be be higher to offset this difference since the formula for calculating stock price using dividend model uses required rate of return to discount the dividends.
Answer:
The answer is given below;
Explanation:
a. Depletion Expense for the year ($7,500,000/600,000)*100,000=$1,250,000
b. The net income and as a results retained earnings will be reduced $1,250,000
c. The mineral rights will be reported at $7,500,000-$1,250,000 =$6,250,000
