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

Toggle Company reported sales of $310,000 and cost of goods sold of $180,000 for 20X2. During 20X2, Toggle’s accounts receivable

kiruha [24]

Answer:

Cash Received from customers = $293,000

Cash payments to suppliers = $167,000

Cash flows from operating activities = $460,000

Explanation:

Cash Received from customers is calculated as follows :

Sales $310,000

Less Increase in accounts receivable ($17,000)

Cash Received from customers $293,000

Cash payments to suppliers is calculated as follows :

Cost of goods sold $180,000

Decrease in Inventory $8,000

Decrease in Payable ($21,000)

Cash payments to suppliers $167,000

Cash flows from operating activities is calculated as follows :

Cash Received from customers $293,000

Cash payments to suppliers $167,000

Cash flows from operating activities $460,000

7 0

3 years ago

Businesses are using ________ development to create applications for shopping carts, user authentication, search engines, an

Elena-2011 [213]

Answer:

application development

Explanation:

Application development refers to the process of creating software that can perform specific tasks that a business requires. This software can range from applications that perform specific tasks to computer software that is used to manage major parts of the business. E.g. sales reports, automation processes, etc.

8 0

2 years ago

Saint Petersburg Gambles - You are offered the following gamble based on coin flips. If the first heads occurs on the first flip

makkiz [27]

Answer:

The first reason why people are willing to pay so much less or lower than the expected value is due to the uncertainty of flipping a heads. Heads may never be flipped.

The Second reason they are willing to pay so much less or lower is because the expected value will rarely reach over $10 because player would have to make it to the 5th flip in order to recoup their investment in which most of the players are unwilling and ready to take that risk.

Explanation:

Saint Petersburg Gambles

The first reason why people are willing to pay so much less or lower than the expected value is due to the uncertainty of flipping a heads. Heads may never be flipped.

The Second reason they are willing to pay so much less or lower is because the expected value will rarely reach over $10 because player would have to make it to the 5th flip in order to recoup their investment in which most of the players are unwilling and ready to take that risk.

8 0

3 years ago

Marketing manager Ricki Stephens reviewed her marketing information system to learn who was buying her company's products and at

Rudik [331]

Answer:

Letter A is correct. Data warehouse.

Explanation:

Data warehouse acts as a digital data warehouse of the company, whose main purpose is to store relevant information about the organization so that through history it can provide reports that help the company in the decision making process according to the facts found.

The biggest benefits found in the database system are greater flexibility and control of information and research, and the creation of standards that correct data and coordinate and optimize system data to ensure greater effectiveness.

7 0

2 years ago

George, an unmarried cash basis taxpayer, received the following amounts during 2016:Interest on savings accounts$2,000Interest

madreJ [45]

Answer:

c. $3,150

Explanation:

The computation of the gross income is shown below:

= Interest on savings accounts + Interest on a State bond + Interest portion of proceeds of a 5% bank certificate of deposit + Dividends on USG common stock

= $2,000 + $600 + $250 + $300

= $3,150

We do not consider the school bonds as it would not be included in the gross income. So, we ignored it

5 0

3 years ago