All categories

2 years ago

Is the value of all goods in an economy using current prices during the year that they were produced

Business

1 answer:

andrew11 [14]2 years ago

4 0

Not full question, what is the assignment?

You might be interested in

When scrutinizing a statement of cash flows in an attempt to gain a better understanding of the client, which would be of most a

Fynjy0 [20]

Answers;

In scrutinizing a statement of cash flows in an attempt to gain a better understanding of the client, the auditor should evaluate to check if the client is meeting interest payments when they are due. The auditor may use information about the client's industry. This is done to evaluate whether significant changes is made in the company from prior periods, including changes in its internal control over financial reporting, affect the risks of material misstatement.

4 0

2 years ago

Sid has decided to leave his $70,000-a-year landscape design job and open a new kayak business. His insurance cost is expected t

madreJ [45]

Answer:

The correct answer is $15,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

Revenue = $100,000

Insurance cost = $2,000

Design job leave = $70,000

Rent = $10,000

Annual depreciation = 10% × $25,000 = $2,500

So, we can calculate the economic profit by using following formula:

Economic Profit = Total Revenue - (Explicit cost + Implicit costs)

By putting the value, we get

= $100,000-($70,000 + $2,000 + $10,000 + $2,500)

= $15,500

7 0

3 years ago

Zorn Co. budgeted $600,000 of factory overhead cost for the coming year. Its plantwide allocation base, machine hours, is budget

Amanda [17]

Answer:

False.

Explanation:

Given: Total budgeted factory overhead cost = $600000.

Plantwide allocation base= 100000 hours.

Now, finding plantwide factory overhead rate.

Formula; Plantwide factory overhead rate= $\frac{total\ budgeted\ factory\ overhead\ costs }{plantwide\ allocation\ base.}$

⇒ Plantwide factory overhead rate= $\frac{600000}{100000} = \$ 6 per\ hours$

Hence, Zorn´s plantwide factory overhead rate is $6 per hour not $3 per hour.

8 0

2 years ago

Everfi <br> You have to match the boxes with the section

ANTONII [103]

Answer:

Needs : Frappuccino before work each day and winter coat

Wants: monthly loan payment and paying extra on the principal loan amount

Saving: rent on your apartment

8 0

1 year ago

During the Truman and Eisenhower administrations, corporate development in the United States:__________

Anastaziya [24]

The answer is discouraged by government

7 0

3 years ago