Answer:
Real GDP in 2012 is $92
GDP in 1990 is $51
GDP in 2012 is $86
Explanation:
In this question, we apply the produced goods amount formula which is
= Price × Quantity produced
For Real GDP in 2012, the computation is
= (1990 Papaya price × Quantity produced in 2012) + (1990 fish price × Quantity produced in 2012) + (1990 skirts price × Quantity produced in 2012)
= ($1 × 20) + ($0.60 × 20) + ($4 × $15)
= 20 + 12 + 60
= $92
GDP in 1990 is
= (1990 Papaya price × Quantity produced in 1990) + (1990 fish price × Quantity produced in 1990) + (1990 skirts price × Quantity produced in 1990)
= ($1 × 10) + ($0.60 × 15) + ($4 × 8)
= 10 + 9 + 32
= $51
GDP in 2012 is
= (2012 Papaya price × Quantity produced in 2012) + (2012 fish price × Quantity produced in 2012) + (2012 skirts price × Quantity produced in 2012)
= ($0.50 × 20) + ($0.80 × 20) + ($4 × 15)
= 10 + 16 + 60
= $86
30 because I don’t know what if I got it back in there at least you know
Answer:
The Accounts Receivables will be reported as $154000 in August's budgeted balance sheet.
Explanation:
The credit sales for August can be calculated by separating the total sales into cash and credit sales.
The cash sales are 30% or total sales which means the remaining 70% belongs ot the credit sales.
The credit sales for August will be = 220000 * 0.7 = 154000
As the question suggests, all credit sales that is $154000 for August will remain as accounts receivables in the month of August and will be collected in September. Thus, in budgeted balance sheet for August, the Accounts receivables will be reported as $154000
Answer:
The company's income will decrease in $1,500
Explanation:
Giving the following information:
Burlington Company offers to purchase 3,000 units at $9 each. HHI will incur special shipping costs of $2.50 per unit. HHI Company $7 of variable costs.
The company has unused capacity, so we will not have into account the fixed costs.
Total variable cost= 7 + 2.5= 9.5
Selling price= 9
Marginal contribution= -0.5
Effect in income= -0.5*3000= $-1,500