GDP refers to the total value of goods and services produced by resident and non-resident during a year in a country.
What is GDP?Gross Domestic Product refer to the gross value (in terms of money) of finished goods and services produced in a country within a year by resident and non-resident in domestic territory of the country.
The above option I and II describes the factors considered for calculation of GDP, i.e. Goods produced by citizens as well as non-resident within a country.
Therefore, option c aptly describes the factors considered for calculating GDP.
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Answer:
C. I and II
Explanation:
What percent of adults, nationally, were current on all credit payments in the last year?
Your friend sees your answer to #1 and assumes that each of those people has a high credit score. Why is your friend incorrect?
How does your state’s on-time payment record compare to the national rate?
Find your county within your state. How does your county’s rate compare to your state’s rate of on-time payment?
If you look at the state shading on the map, it seems on-time payment rates are somewhat clumped geographically. What might cause that “clumping?”
Based on prior learning, name two reasons that paying your credit card or loan bill late has serious consequences.
The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .
Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience. They are said to often have a high balance on too many credit card.
The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.
Miral county’s payment rate is 80%, 10% higher than the state of Texas.
The “clumping may be due to the types of jobs that are available to certain states.
The reasons our credit card or loan bill paid late?The reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:
Credit score reduction drastically, that can affect your credit report badly.It can also affect the types of opportunities, etc. that one can get through the credit bureau.learn more about credit payments from
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Which of the following technology tools is capable of recording the number of outgoing calls placed on a telephone?
A) total trap
B) pen register
C) trap and trace
D) pen trace
Answer:
I think it's a pen register
Explanation:
Hope this helps:)...if not then sorry for wasting your time and may God bless you:)
The ________ is the member of the buying center whose primary function is handling the details of the transaction.
One difference between products and services is demonstrated by a hair salon, where the stylist delivers the service at the same time the customer receives it. This is called
Inseparability is the difference between products and services as demonstrated by a hair salon, where the stylist delivers the service at the same time the customer receives it.
What is services marketing?Service marketing is a strategy which promotes and showcases the intangible benefits and offerings delivered by a company to drive end. It is a marketing based on relationship and value.
In service Marketing, a service or an intangible commodity is promoted and marketed among the target audience.
Hence, Inseparability is the difference between products and services as demonstrated by a hair salon, where the stylist delivers the service at the same time the customer receives it.
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The county collector of suncoast county is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. to reimburse the county for estimated administrative expenses of operating the tax agency fund, the agency fund deducts 1.5 percent from the collections for the town, the school district, and the other towns. the total amount deducted is added to the collections for the county and remitted to the suncoast county general fund.
the following events occurred in 2017:
1. current-year tax levies to be collected by the agency were:
county general fund $ 10,333,000
town of bayshore general fund 4,840,000
suncoast county consolidated school district 6,550,000
other towns 3,120,000
total $ 24,843,000
2. $13,700,000 of current taxes was collected during the first half of the year.
3. liabilities to all funds and governments as a result of the first half-year collections were recorded. (a schedule of amounts collected for each participant, showing the amount withheld for the county general fund and net amounts due the participants, is recommended for determining amounts to be recorded for this transaction.)
4. all cash in the tax custodial fund was distributed.
all additions and deductions were recorded by the custodial fund.
additions and deductions are aggregated because resources are held less than three months.
required
a. prepare journal entries for each of the foregoing transactions that affected the tax agency fund. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)
1. record the current-year tax levies to be collected by the agency.
2. record the current taxes collected during the first half of 2017.
3. record the liabilities due to all funds and governments at the end of first half-year.
4. record the distribution of all cash in the tax agency fund
b. prepare journal entries for each of the foregoing entries that affected the town of bayshore general fund. begin with the tax levy entry, assuming 2 percent of the gross levy will be uncollectible. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)
1. record the revenues receivable and uncollectible.
2. record the taxes collected
Answer:
$1,500,000
Explanation:
County receives funding from numerous sources. County has no control to introduce new taxes or increasing current taxes, except for property tax.
Given:
County collected for a school district = $1,000,000
County for General Fund = $5,000,000
For town located in the County = $500,000
Hardin County Agency Fund = County for school + County for a town
= $1,000,000 + $500,000
= $1,500,000
brainlest pleas
In the Suncoast county firm, the the current-year tax levies to be collected by the agency is $24,843,000 and net remittance is $13,700,000.
What do you mean by revenues receivable?The amount of outstanding debts that management truly anticipates recovering is represented by the net reported amount of the total receivable and the allowance. The gross quantity tallied for the sale of products or services is referred to as revenue. The revenue statement's upper line displays this sum.
On the balance statement, accounts outstanding are shown as current assets. Any sum of money that clients owe for transactions they made with credit is known as AR.
Receivables is not an income account; it is an equity account. Contrarily, when using accrual accounting, you document income along with an account receivable.
Therefore, in the Suncoast county firm, the the current-year tax levies to be collected by the agency is $24,843,000 and net remittance is $13,700,000.
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The image is attached:
When using the four-step process for organizing creative thinking, which step involves ideas beginning to flow?
Th illumination stage is the stage at which the ideas from creative thinking began to flow.
What is a creative thinking?This refers to a thinking process that is intented to gain a new insights and different ideas through existing information
The stages of the creative thinking includes:
PreparationIncubationIlluminationEvaluationVerificationIn conclusion, the illumination stage is the stage at which the ideas from creative thinking began to flow because the ideas are been illuminated from the mind.
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Among the four-step process for organizing creative thinking, the step of thinking which involves ideas beginning to flow is the Illumination.
What is a creative thinking?The Creative thinking is defined as the thinking procedure that is intended to obtain a fresh perception and different ideas through existing information.
These behaviors can assist companies in developing services, products and other offers that set them apart from their competition.
Stages of Creative thinking:
There are Four stages of the creative thinking:
Preparation Incubation Illumination EvaluationTherefore, illumination phase is the phase at which the thoughts from creative thinking start out to flow because the thoughts are being illuminated from the mind.
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Describe two major perspectives on the role information systems play in supply chain management activities.
Answer:
Information management systems have the potential to change organizations and promote the emergence of new businesses. Their main goal is to enhance information flow and facilitate the decision making process. An information management system is one of the few elements of supply chain that can offer both improved performance and lower cost.
The receipts section of the cash budget lists ______. Multiple choice question. all cash inflows, except from financing total sales for the period all cash inflows total credit sales
The receipts section of the cash budget lists B. all cash inflows.
What is a cash budget?A cash budget is a document prepared in advance to show the planned monthly cash inflows (receipts) and cash outflows (payments).
Preparing the cash budget helps management to manage cash outflows with its cash inflows and make other cash decisions.
Thus, the receipts section of the cash budget lists B. all cash inflows and not credit sales.
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Nancy is single, with an Adjusted Gross Income of $25,985. She has one exemption of $12,400. What is the amount of tax due
Answer:
tax due $1324 and tax withheld $678
Explanation
$1324 is the correct
The tax due at the end of assessment year is $ 1324 .
What is Adjusted Gross Income ?Since there are no deductions in this situation, we omit that component of the equation in order to arrive at the taxable income. This is explained by the equation AGI - (Exemptions + Deductions). When you divide the AGI (25,985) by the exemption (12,400), you get 13,585, and since she is single, she qualifies for the $1,324 solution on the chart.
The Internal Revenue Service (IRS) utilizes your adjusted gross income (AGI) amount to calculate your annual income tax liability. It is determined by deducting specific adjustments from gross income, including company costs, student loan interest costs, and other costs. A taxpayer's taxable income is calculated by deducting deductions from their adjusted gross income (AGI).
Your AGI is your gross income after some ordinarily permitted deductions have been added back in (MAGI). AGI and MAGI will frequently be the same for many folks.
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Given sales of $1,452,000, variable expenses of $958,320 and fixed expenses of $354,000, the contribution margin ratio is ______
Answer:
34%
Explanation:
( ($1,452,000 - $958,320) ÷ $1,452,000 = 34% )
Revenue and expenditures are sitting on a balance at the same level. This diagram shows a government’s budget. Which of the following words can best be applied to this budget? unbalanced balanced deficit surplus.
The government’s budget is balanced when the Revenue and expenditures are sitting on a balance at the same level. Option B is correct.
What is government budget?A government budget is a document created by the government or the other political institution that outlines anticipated tax revenues and proposed expenditure for the new financial year.
The budget is introduced to the legislature in most parliamentary systems, and it typically involves authorization.
Provided that the box dimensions symbolize the lengths of a state's revenues and expenditures, and that the two sizes are equivalent, the budget is called the balanced budget, as Revenue=Expenditure.
If in the second condition, if the two sizes are not equivalent then the budget would be called as the unbalanced budget, and then deficit will occur if the expenditure > revenue and the Surplus will make if revenue > expenditure.
Therefore, option B is correct.
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Answer: B
Explanation: takin test now
HELPP! In 2011 the United States economy had a GDP of $14,991 billion according to the United Nations. If consumption was $10,729 billion, government spending was $2,594 billion, and net exports was -$568 billion, how much was investment spending?
The total amount of the investment spending is $2,236 billion.
What is an investment spending?An investment spending means the private domestic investment or capital expenditures.
The formula for Investment spending is I = GDP − C − G − NX.
Investment spending = $14,991 billion - $10,729 billion - $2,594 billion - (-$568 billion)
Investment spending = $14,991 billion - $10,729 billion - $2,594 billion + $568 billion
Investment spending = $2,236 billion.
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pentagon FGHJK is similar to pentagon MPQST what is the value of x
If pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.
PentagonPentagon F G H J K=Pentagon M P Q S T
F K/ M T=J H/S R
Where:
F K=6cm
M T=9cm
J H=9cm
S R=x
Hence:
6/9=9/x
Cross multiply
6x=81
Divide both side by 6x
x=81/6
x=13.5
Inconclusion if pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.
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Answer: 13.5
Explanation: You take 6/9 and 9/x and cross multiply. You should get 6x=81. Then, divide both sides by 6x and you should get x=13.5
Who among the following is most likely to believe that groups and organizations are generally characterized by superficiality and depthlessness in social relationships because employee interactions with customers are largely scripted and customer behavior and responses are often tried-and-tested ways of dealing with employees
The postmodernist tends to believe that groups, as well as organizations, are generally characterized by superficiality and depthlessness in social relationships.
What is postmodernism?Postmodernism is an intellectual viewpoint or form of communication characterized by the skepticism of what it views to be modernism's grand narratives and philosophies, as well as resistance to cognitive certainty and meaningful stability.
In a business environment, postmodernist believes in the economic power of governing groups and organizations while considering the superficiality and depthlessness of their social relationship with customers.
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The upward-sloping portion of the long-run average cost curve is a result of:.
Answer:
average cost is increasing
Explanation:
One of the "7 determinants of productivity, income, and wealth" is "seemingly unrelated market condition," which refers to the recognition that differences in income or wealth across individuals could result from differences in:.
The differences in income or wealth across individuals could result from differences in A) income depends in part upon economic conditions beyond our control; a worker's value ...
What are the sources of income?The different income sources include:
WorkingProducing a product or serviceInvesting capitalEarning pensions and other government programsSelling goods or services above the cost of production.Answer Options:A) income depends in part upon economic conditions beyond our control; a worker's value depends greatly upon the price of the product he helps produce (e.g., a wage of a coal miner would increase if we ran out of oil)
2) the natural talents that people are endowed with at birth
3) the skills and experiences that people acquire through education, training, and work
4) how hard individuals choose to work
Thus, the differences in income or wealth across individuals could result from differences in Option A.
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Select all that apply Which of the following budgets are directly based on information from the sales budget? Multiple select question. Direct materials budget Production budget Direct labor budget Selling and administrative expense budget
The budgets that are directly based on information from the sales budget include:
Production budget.Selling and administrative expense budget.What is a sales budget?It should be noted that a sales budget simply means a financial plan that estimates the revenue for a particular period.
In this case, the production budget and selling and administrative expense budget are based on sales budget.
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______ is selling to a foreign organization the rights to use a brand name and operating know-how in return for a lump-sum payment and a share of the profits.
Answer:
Franchising is selling to a foreign organization the rights to use a brand name and operating know-how in return for a lump-sum payment and a share of the profits.
Explanation:
What are the five forms of Utility?
Answer:
form utility, time utility, place utility, and possession utility.
Hope it help and take care young lad
Sarai spends her day checking through boxes of built product to ensure accuracy in production. She makes sure there is enough product to meet the demand. Based on her tasks, which is most likely her career? Manufacturing Production Process Development Maintenance, Installation, and Repair Logistics and Inventory Control Health, Safety, and Environmental Assurance.
Based on the fact that Sarai is usually making sure there is enough supply, she is most likely a Logistics and Inventory Control officer.
What does a Logistics and Inventory Control officer do?They make sure that the company has enough inventory to meet the demands of customers.
They also check the purchases that the company acquires for quality and accuracy before they can be sold to customers. This is what Sarai does.
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Answer:
Logistics and Inventory Control
Explanation:
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What is the maximum amount of new loans the bank could lend with the given amounts of reserves?
The maximum amount of new loans to the bank could lend with the given amounts of reserve is; $400million.
Maximum amount of New loansIt follows from macroeconomics calculations that;
The maximum amount of new loans to the bank!= The current amount in reserves * The multiplier.
Given that the amount in reserves is $80 million.
$80 million * (1/20%)$80 million * (5) = $400 million.Ultimately, the maximum amount in new loans given the amount in reserves is; $400 million.
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The net income reported on the income statement for the current year was $210,000. Depreciation recorded on equipment and a building amount to $62,500 for the year. Balances of the current asset and current liabilities accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $56,000 $59,500 Accounts receivable (net) 71,000 73,400 Inventories 140,000 126,500 Prepaid expenses 7,800 8,400 Accounts payable (merchandise creditors) 62,600 66,400 Salaries payable 9,000 8,250 Required: Question Content Area a. Prepare the cash flows from operating activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.
The Cash Flow from Operating Activities 258,950 using the indirect method.
What is Cash Flow from Operating Activities?The total cash flow generated by a business from its ordinary business operation is known as operating cash flow. It shows if the company is able to generate enough cash inflow to sustain its operation.
The cash flows from operating activities section of the statement of cash flows, using the indirect method is shown below:
Particulars Amount ($)
Cash flows from operating activities:
Net income 210,000
Add: Depreciation expense 62,500
Add: Decrease in accounts receivable 2,400
Less: Increase in inventory 13,500
Add: Decrease in prepaid expenses 600
Less: Decrease in accounts payable 3,800
Add: Increase in salaries payable 750
Net cash flow from operating activities 258,950
Hence, Cash Flow from Operating Activities 258,950
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Which of the following statements about electronic résumés is false? a. directions for submitting electronic résumés should be followed carefully. b. many companies only use electronically submitted or emailed résumés. c. electronic résumés should be typed in a standard word processing program. d. electronic résumés should be saved in html format. please select the best answer from the choices provided a b c d
An electronic resume is one that is sent to a potential employer via email. An electronic résumé is used to apply for employment online.
What makes an effective electronic resume?On an electronic resume might be provided in a distinct keyword section or integrated into the text. All text should be positioned to the left and in a plain typeface. Underlining, bolding, italics, and bullets should be avoided since they can cause problems with older OCR software.
Thus, Option D would be the false statement about electronic resumes.
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Answer:D
Explanation:Electronic résumés should be saved in HTML format.
For which holiday is the most candy purchased in the united states?.
Answer:
i think it is halloween.
Explanation:
hope this helps
Which feature of a bond contract allows the issuer to redeem a bond issue immediately in its entirety at an amount greater than par value prior to maturity?.
A call provision is a bond contract allows the issuer to redeem a bond issue immediately in its entirety at an amount greater than par value prior to maturity.
What is call provision?Call provision is charged with a bond and it allows an individual buy bond immediately.
It comes in form of fixed-income instrument that allows the issuer of the bond to repurchase.
Therefore, A call provision is a bond contract allows the issuer to redeem a bond issue immediately in its entirety at an amount greater than par value prior to maturity
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Use the drop-down menu to complete each statement. based on the information in the passage, it is most likely that joe lives in a economy. the building that joe is interested in purchasing would be considered .
Based on the given information, Joe lives in the mixed economy, and he is interested in purchasing the private building.
What is mixed economy?A mixed economy is the system that combines the system of both the economy, means the combination of capitalism and socialism, is called the mixed economy.
This system defends private property and allows a degree of freedom in economy in the use of capital.
But it also permits for governments to interpose in economic activities in order to accomplish social intents.
Therefore, in the above case, Joe lives in the mixed economy, and purchasing the private property.
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Answer:
Mixed economy and Private Property
Explanation:
I just got it right on the assignment :)
Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved b) a form of compensation whereby a percentage of company profits is distributed to the employees whose work helped to generate them monetary rewards offered by companies for exceptional c) performance as incentives to further increase productivity an incentive system that pays a fixed amount or a percentage of the employee's sales
After every service rendered, there is a payment for it. when it is hourly, it is termed wages, when it is monthly, then, it is called salary.
Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved
WagesWages a payment usually of money for labor or services usually according to a contract and on an hourly, daily, or piecework basis.
Therefore, the it refers to rewards based on the number of hours the employee works or the level of output achieved.
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Question 1: [38 marks]
Below is the Ledger of Timothy Kingfisher for January 2022
DR
Capital
30,000 5/1/2022
CR
30,000
Closing balance / c/d
Bank
Total
30,000
Total
Opening Bal/b/a
30,000
30,000
DR
5/1/2022
Capital
Closing Bal/c/d
30,000
3,000
Bank
6/1/2022 Purchases
8/1/2022 Computer
10/1/2022 Office equipment
CR
20,000
1,000
12,000
Total
30,000
Total
Opening Bal/b/a
30,000
3,000
DR
6/1/2022
Bank
Purchases
20,000
Closing Bal/c/a
CR
20,000
Total
20,000
Opening Bal/b/d
20,000 Total
20,000
Computer
1,000
DR
8/1/2022
CR
Bank
Closing Bal/c/a
1,000
1. The transactions relating to the ledger postings above for Timothy Kingfisher for January 2022 are as follows:
Jan. 5 Bank $30,000 Capital $30,000
Jan. 6 Purchases $20,000 Bank $20,000
Jan. 8 Computer $1,000 Bank $1,000
Jan. 10 Office Equipment $12,000 Bank $12,000
Jan. 25 Mr. R.R. Yogo $10,000 Sales Revenue $10,000
2. Journalizing the entries of the January transactions for Timothy Kingfisher is as follows:
Jan. 5 Debit Bank $30,000
Credit Capital $30,000
Jan. 6 Debit Purchases $20,000
Credit Bank $20,000
Jan. 8 Debit Computer $1,000
Credit Bank $1,000
Jan. 10 Debit Office Equipment $12,000
Credit Bank $12,000
Jan. 25 Debit Mr. R.R. Yogo $10,000
Credit Sales Revenue $10,000
3. An email, advising the owner of the business based on the evidence from the balances in the T accounts is as follows:
April 12, 2022
From: Financial Controller
To: Managing Director, CEO
Subject: Maintaining Positive Bank Balances
The above subject refers.
There is a need to plan cash expenses to match with cash inflows, using a Cash Budget.
For example, the Office Equipment that made the business overdraw its account with the bank could have been negotiated as a credit transaction.
Alternatively, an arrangement could have been made with the bank on overdraft facilities to help avoid unnecessary bank charges and penalties.
Regards,
4. The balance on the Bank T-account on January 9, 2022, would have been $9,000 ($30,000 - $20,000 - $1,000). This is the bank balance before the purchase of Office Equipment on January 10, 2022.
Question Completion:1. Write down the transactions relating to the ledger postings above.
2. Journalize the entries.
3. Using an email format, advise the owner of the business drawing on evidence from the balances in the T accounts.
4. What would the balance be on the Bank T-account as of 9th January 2022. Show workings.
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Producer c has written 25 policies over the last 12 months, 4 of which have been issued to his employees in a side business, accounting for 24% of total premiums for the year. this is an example of what unfair trade practice?
The unfair trade practice that's illustrated by Producer C is defamation.
What is trade?It should be noted that trade simply means the transaction that takes place between people.
In this case, the unfair trade practice that's illustrated by Producer C is defamation. This creates a negative image for an individual or company.
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Hideki just received his latest bank statement. To make sure it is correct, he
should:
A. call the bank to ask for help.
B. call his creditors to check accuracy of payments.
C. reconcile his statement with his own record.
D. withdraw funds to make sure his account is active.
Answer:
call the bank to ask for help