1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LiRa [457]
2 years ago
7

If GDP is $15 trillion, how many years will it take for GDP to increase to $30 trillion if annual growth is 2 percent

Business
1 answer:
Varvara68 [4.7K]2 years ago
8 0
Y = original value • growth ^(time/period of growth)

30000000000000 = 15000000000000 • (1+0.02)^(x/1)

Divide both sides by 15 trillion

2 = (1.02)^(x)

take logarithm of both sides

log2 = log1.02^x

Bring x down using log law

log2 = xlog1.02

Divide both sides by log1.02

x = 35

35 years

You might be interested in
If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sa
Helen [10]

There will be inadequate liabilities.

What Does Sales Revenue Mean?

Sales revenue is the money a business makes from selling products or offering services. Sales and revenue can, and frequently are, used interchangeably to refer to the same thing in accounting. It is significant to remember that revenue does not always equate to money received. One part of sales revenue may be paid in cash, and the other part may be paid on credit using methods like accounts receivable.

Either the gross revenue total or the net revenue amount can be used to represent sales revenue on the income statement. All deductions for product returns, the potential for undelivered items, and the cost of bad debt are all included in net revenue.

to know more about sales revenue

brainly.com/question/16232387

#SPJ4

8 0
1 year ago
What are the different elements of working capital and explain actions that Management of a business entity might take to reduce
faltersainse [42]

The different elements of working capital are <u>current current asset and current liabilities</u>. The management of a business entity might take <u>ratio analysis</u> to reduce the cycle.

Working capital management assists in sustaining the smooth operation of the net operating cycle, otherwise called the cash conversion cycle.

<h3>What is working capital management?</h3>

Working capital management is a business strategy formulated to ensure that an organisation functions efficiently by overseeing and utilizing its current assets and liabilities to their most effective use.

Therefore, learn more about working capital management: brainly.com/question/28287025

#SPJ1

4 0
1 year ago
Division A of Barsema, Inc. has operating data as follows: Capacity 20,000 units Selling price $80 per unit Variable costs $45 p
Neporo4naja [7]

Answer:

the minimum price it should charge is $40 per unit.

Explanation:

Minimum Transfer Price = Variable Costs - Internal Savings + Opportunity Cost

<em>Note :  Division A has capacity available to meet B's requirements therefore there is no opportunity cost</em>.

There are Internal savings of $5 as A's variable costs will be $5 less per unit.

Minimum Transfer Price = $45 - $5

                                        = $40

4 0
3 years ago
An investor seeking tax advantages through an oil and gas dpp. with this type of partnership he would expect to benefit most fro
Olenka [21]

The answer is<u> "depreciation allowances and tax credits."</u>


Depreciation allowance refers to a sum that can be removed a business' benefit figure while ascertaining charge, to take into account the way that an advantage has lost piece of its incentive amid a specific time frame.  

An tax credit is a measure of cash that citizens can subtract from charges owed to their legislature. The estimation of a tax credit relies upon the idea of the credit; certain sorts of expense credits are conceded to people or organizations in particular areas, orders or ventures.

5 0
3 years ago
What an example of current Marketing situation of a business or service​
Romashka-Z-Leto [24]
It’s difficult for companies to market their movies since many people aren’t visiting theatres with Delata variant going on. Companies like Disney/Marvel recognise this and teased their “Black Widow”movie to Disney plus for people who refused to go to the theatres.
8 0
3 years ago
Other questions:
  • Workers who have the skills to operate machines and who require a minimum amount of training are
    15·1 answer
  • Exercise 4-8 (part level submission) plevin company ended its fiscal year on july 31, 2017. the company’s adjusted trial balance
    13·2 answers
  • What should a consumer consider when shopping for a credit card? Check all that apply.
    6·2 answers
  • Why was Amazon one of the the best companies of 2019?? Why was Disney one of the the best companies of 2019?
    14·1 answer
  • Mineral-rich Zambia is one of the world's most important sources of uranium. It also is a source of copper, tin, diamonds (mainl
    11·1 answer
  • Sunland Co. uses the retail inventory method. The following information is available for the current year. Cost Retail Beginning
    7·1 answer
  • What is the reason AD is downward sloping ? what causes AD to shift? Define OKun's law
    5·1 answer
  • What would sell more (both stores are just now opening.): a "in-trend" jewelry store or a Simplistic lip gloss shop?
    12·1 answer
  • Lucy is preparing to invest in a new online franchise, Notable Moments. The franchisor provides the exclusive software and train
    8·1 answer
  • At the end of the closing process, Income Summary will hold a balance.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!