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2 years ago

1.Why is GDP / Capita a more accurate way of determining the well-being of a people?

Business

1 answer:

Vesnalui [34]2 years ago

5 0

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

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The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,470,000, $154,000 in the common stock account

devlian [24]

Answer:

The cash flow to creditors during 2014 was $139000,the amount by which net working capital investment has reduced.

The stockholders invested $241,000 more into the business

The net cash flows from asset is the $1,100,000 net firm's capital spending

Lastly,the operating cash flow is $240,000 as calculated below

Explanation:

Net working capital investment denotes the amount of cash the company parted with in 2014 in financing its current obligations.

Stockholders as the owners of the company made more cash available to the company in 2014 by investing more cash resources in it as follows:

Common stock account increased by $10000($164000-$154000)

Additional paid-in surplus increased by $300000($3090000-$2790000)

The gives $400000 cash from stockholders minus dividends of $159000

Operating cash flow

Net income $0

add interest $101000

Reduction in net working capital $139000

Operating cash flow $240000

6 0

4 years ago

Demand management variables include: A. Pricing, inventory, and advertising B. Reservations, pricing, and advertising C. Subcont

Marta_Voda [28]

Answer:

B. Reservations, pricing, and advertising

Explanation:

Demand management variable analyses profit contribution of products and customers. Enhancing demand for profitable products and customers, while decreasing demand for unprofitable ones.

Demand management involves pricing, advertising, reservation, and complimentary offerings.

It is a way for the business to maximise profit from activities that gives it more profit, while reducing activities that are relatively less profitable. This increases the efficiency of the business.

8 0

3 years ago

A company wants to restrict access to sensitive data. Only those who have a "need to know" will have access to this data. Strong

Sergeeva-Olga [200]

Answer:

Password and U2F token

Explanation:

The password and the U2F token do not include user identification but are applied or used for two factors authentication

Here password could be for social websites like login to social websites. When login it asks for authentication for higher security so that the hacking could be minimized

The U2F refers to the universal two-factor authentication. It can be used through the USB, NFC, Bluetooth device

7 0

3 years ago

Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $242.00. 15 Replenished the pe

kkurt [141]

Answer:

petty cash fund 242 debit

cash 242 credit

--to establish a petty fund--

freigth-out 53.40 debit

entertainment expense 15.00 debit

postage expense 12.70 debit

miscellaneous expense 112.50 debit

cash shortage loss 2.40 debit

cash 196 credit

--to replenish the fund on August 15th--

petty cash fund 200 debit

cash 200 credit

--to increase petty fund by 200 dollars--

freigth-out 25.40 debit

entertainment expense 153.60 debit

postage expense 124.00 debit

cash shortage loss 1.00 debit

cash 304 credit

--to replenish the fund on August 31th--

Explanation:

when replenish we don't use the petty fund account we adjust directly against cash leaveing the petty fund balance untouched. We only adjusted for increases or decreases in the total amount available at the petty cash fund.

3 0

3 years ago

Property-tax revenues for the county were reported at $770,000 on its governmental funds statement, but property-tax revenues on

Lemur [1.5K]

This Question is not complete

Complete Question:

Property tax revenues for Rose County were reported at $770,000 on its governmental funds statement, but property tax revenues for governmental activities on the County's government-wide statement of activities were reported at $800,000. This difference likely arose because:

A) an accounting error was made; property tax revenues should be reflected at the same amount on both statements

B) some revenues were deferred on the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balance because the availability criterion was not met; however, those revenues should be recognized under the accrual basis on the government-wide statements.

C) property tax revenues are recognized in the period the bills are sent out for government-wide reporting but they are recognized when the cash is collected for fund reporting

D) when reporting on a fund basis, an allowance for uncollectibles reduces revenues; this allowance is not necessary for government-wide reporting

E) all of the above are likely explanations for the difference

Answer:

Explanation:

Government fund statements are statements of accounts for a particular fund.

Government-wide statements show us the statement of accounts for all funds used by the government. These funds can be funds used for government related activities or business related activities carried out by the government. The position of a government financially is always shown on a government wide statements.

5 0

3 years ago