Answer:
Explanation:
The chart below gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP for both years. Use 2017 as the base year.
Year                 2016             2017  
                       Price      Quantity	Price	Quantity   
Ice Cream	$7.00        600      $3.00	400
Blue Jeans	$70.00          20       $20.00   90
Laptops       $300.00            5       $300.00     5
2016 nominal GDP = $_(7 x 600) + (70 x 20) + (300 x 5)_ =  $7,100
2017 nominal GDP = $_(3 x 400)+(20 x 90) + (300 x 5)_  = $4,500
2016 real GDP = $__(7100-4500)/ 4500)) / change in ice cream price of 50%+ change in blue jean price of (70-20/20) 250%_______
= 0.57/3 = 0.19% growth. Technically the economy was better in 2016 than in 2017.
2017 real GDP = will be same as nominal, hence no growth  since this is the base year
 
        
             
        
        
        
You will need a law degree
        
             
        
        
        
Answer:
Option B is correct.
Explanation:
Option A is incorrect because the expected return must be greater than the marginal cost of the capital which means that the Net Present Value must be positive. 
Option B is correct because the increase in cost of debt or capital would increase the weighted average cost of capital. This is because weighted average cost of capital is directly proportional to cost of capital sources.
Option C is incorrect because its not the cost of one of the capital sources, actually it is the weighted average cost of capital which when starts increasing at a point due to increase in the level of financing is known as breaking point. 
So the only statement that is correct is option B.
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Answer:
Account Title                                                            Dr            Cr
Supplies Expense (22,150+9,350-8,810)..............22690
       Supplies....................................................................................22690
Interest Receivable .....................................................450
       Interest Revenue .......................................................................450
Rent Revenue.............................................................$7,000
       Unearned Revenue...............................................................$7,000