What is the term for an interval smaller than a step?.

The country of Alaine produces 1,000 tons of corn during a year. It is valued at $500 per ton. A lobbyist for the corn industr

Debora [2.8K]

Answer:

D. Corn is not used in the production of other goods.

Explanation:

D is the only option that can be an argument for the total value of the corn produced to be included as corn for the same year in the GDP.

This is due to the fact that only the final production is recorded in the GDP, this means that no goods are registered that are going to be part of other productive processes (generally raw materials) since double accounting would be incurred.

If for example, corn were part of another productive process and this productive process begins next year, that part of the corn used to produce that good would be included in the GDP of the year in which the product will be produced (the one that corn is used in the production).

This means that the lobbyist can only rely on option D (include all the value of corn for the year in which it was produced) if in this country the corn is not part of another productive process.

5 0

4 years ago

Catherine bought 355 shares of Trochel Office Supplies at $31. 29 per share. Several months later, the price went up and she sol

goblinko [34]

The correct answer would be 17707.40

5 0

2 years ago

North Dakota Corporation began operations in January 2017 and purchased a machine for $15,000. North Dakota uses straight-line d

taurus [48]

...

Answer: Income tax 2017

$

Account income $145,000

Add depreciation 3750

Less capital allowance 7500

Balance. $141250

Tax. 42,375

North Dakota journal $

Dec 2017

Profit after tax Dr 42375

Cash CR. 42375

Tax payment for the year

5 0

3 years ago

According to the U.S. Census Bureau’s Current Population Survey, the mean and median 2014 income of people aged 25 – 34 years wh

juin [17]

Answer:

B. The mean is $51,754 and the median is $44,167. This is because economic variables are usually skewed to the right, which pulls the mean above the median.

Explanation:

The mean income of $51,754 obtained from the 2014 income of people aged 25 - 34 years with only a bachelor's degree is the average incomes. It is obtained by adding all the incomes in the data set and then dividing by the number of values in the set. The median of $44,167 is the middle value when this data set is ordered from least to greatest while the mode is the number that occurs most often in the data set.

4 0

4 years ago

The following information is available for the Memphis and Billings companies:

igomit [66]

Answer:

(a) An income statement was prepared for Memphis and Billing Companies (b) The ROA for Memphis is = 5.6% while for Billing is 6.9%.

The ROE for Memphis is 13.9% for Billings it is 17.4%

(c) The billing company is more profitable because from the view from the stockholders it has a higher return on equity

(d) The Memphis company is the discounter

Explanation:

Solution

Given that:

(A) The Income statement for Memphis and Billing companies

Common size Income statement

Memphis % Billings %

Sales 15,00,000 100 15,00,000 100

The cost of Goods 10,50,000 70 11,25,000 75.00

The Gross profit 4,50,000 30 3,75,000 25.0

Operating expenses 3,50,000 23.3 2,50,00 16.7

Net income 1,00.000 6.7 1,25,000 8.3

(B) We compute the return assets which is given below:

The return on assets is = The net income/Total assets * 100

For Memphis,

The return on assets is = 5.6% ($100,000/18,00,000) * 100

Fro Billings,

The return on assets = 6.9% ($ 125,000/18,00,000) * 100

For the return on equity we have the following given below:

Return on equity is =Net income/Stockholder's equity * 100

For Memphis,

The return on equity =13.9% ($100,000/720,000) * 100

Fr Billings,

The return on equity = 17.4% ($125,000/720,000) * 100

(C) The Billing company is more profitable because it has a higher return on rate on equity than that of the Memphis company.

(D) The Memphis has a lower Net profit margin of 6.7% therefore it is the discounter.

4 0

3 years ago