Nominal gross domestic production is the value of all goods in an economy using current prices during the year that they were produced.
What is nominal gross domestic production?This is the value of all goods and services an economy produces, which is done evaluating the GDP at current market prices.
Here, there is no adjustment for inflation in nominal gross domestic production.
Learn more about nominal gross domestic production here: https://brainly.com/question/17198664
#SPJ1
During the external audit of Indico Ltd, which provides industrial maintenance services, the audit senior discovered that the operations director, with the approval of the other directors of Indico, had instructed employees to breach statutory health and safety regulations so that the company would benefit from cost savings. Explain the audit senior’s and the audit firm’s responsibilities in respect of this matter.
Basically, an auditing is done to examine an organization's financial records to determine the accuracy and to check if they are prepared in accordance with applicable accounting rules.
An external audit is the auditing done by an independent accountant to examine the financial records of the firm,Since the audit senior (external audit) discovered that the firm instructed their employees to breach statutory health and safety regulations to save cost, then, it is apparent that a rule have been violated.In conclusion, in this case, the audit senior is required to report the discovery to necessary department for proper sanction and the audit firm is at responsinility to prove it does not default to safety regulation.
Read more about auditing
brainly.com/question/7890421
explain why a business that is small enough to be managed by one or a few people and does not require a large amount of capital would be good for a proprietorship
A business that is small enough to be run by one or a few people and does not require a large amount of capital would be good for a sole proprietorship.
This type of business structure has less bureaucracy and does not require a lot of formality to be managed, making it an ideal setting for family businesses, such as grocery stores and clothing stores.
Therefore, in a sole proprietorship, the owner is responsible for the risks inherent in the business, with greater freedom and flexibility.
Learn more about sole proprietorship here:
https://brainly.com/question/4442710
When assets are pooled into financial instruments such as collateralized mortgage obligations (CMOs) to better facilitate selling them to the general public, the process is known as
It should be noted that When assets are pooled into financial instruments such as Collateralized Mortgage Obligations (CMOs) to better facilitate selling them to the general public the process is known as:
SecuritizationSecuritization helps in a process which involves the pooling of asset in order to make their selling to be faster and make the public to be aware of it.
Therefore, securitization is When assets are pooled into financial instruments such as Collateralized Mortgage Obligations.
Learn more about securitization at;
https://brainly.com/question/8760054
. Suppose that a farmer grows wheat, which she sells to a miller for $10. The miller turns the wheat into flour, which she sells to a baker for $55. The baker turns the wheat into bread, which she sells to consumers for $140. Consumers eat the bread. What is GDP in this economy
Based on the various amounts that the bread was sold for to different people, the GDP in the country is $140
The GDP in a country refers to the final value of goods and services produced in the country and not the intermediate value.
This is done to avoid the phenomenon known as double counting which can inflate GDP.
The GDP here is therefore the final price of the bread which is $140.
Find out more about double counting at https://brainly.com/question/1112587.
For this firm, the average revenue when 14 units are produced and sold is a. $15. b. $13. c. $9. d. $11.
did this webside is working?
did I click THE RIGHT ONE CAN SOMEONE HELP ME OUT PLEASE
Answer:
what did you click
Explanation:
You are the head of the central bank and you want to maintain a 2 percent long-run inflation rate. Suppose that velocity is constant and real GDP growth is 3 percent per year. Moreover, you know that the current money supply is $120 billion. Your money supply target for one year from today is $______ billion.
The answer I think is 12 billion
Discounting a stream of benefits is defined as
a. a single-period valuation model that converts a benefits stream into value by dividing the benefits stream by a rate of return that is adjusted for growth.
b. a single-period valuation model that converts a benefits stream into value by dividing the benefits stream by a rate of return that does not consider growth.
c. a multi-period valuation model that converts revenue into value by discounting the revenue stream by a rate of return.
d. a multi-period valuation model that converts a future series of benefit streams into value by discounting them to present value.
Answer: D
Explanation:
Which of the following accounts would Carlo credit when a customer who bought three dozen pastries and muffins from his bakery paid $55 in cash?
Based on the nature of the transaction described above, the account that would be credited is Revenue
Revenue is the amount that is received when a person or company sells a good or service.
By selling the pastries, Carlo jus earned some revenue. This revenue should therefore be posted to the revenue account. When revenue increases - as it just did - it is credited.
In conclusion, Carlo should credit the Revenue account.
Find out more about revenue at https://brainly.com/question/16232387.
Last year during the beginning of the Pandemic, name 5 household products people were hoarding?
Answer: Toiletry, Food, Cleaning items, Water
Explanation:
Niccolo is invited to help a program where, even though not mandated by the external environment, management requires teams to make big, up-front, and detailed scope commitments for every release. What three things can Niccolo do to best coach the decision-makers
The three things Niccolo can do to better train decision makers are Illustrate the power of feedback in content decision making, as well as emphasize the value of “Responding to Agile Manifesto changes.
Another thing Niccolo can do is explain the benefits of releasing at the end of the program increment.
Therefore, through these actions, Niccolo will help to incorporate an organizational attitude focused on compliance, process transparency and adaptation to the rapid environmental changes that impact the progress of a project.
Feedback generates greater decentralization of decision making, empowers and integrates the team, while the concepts of the agile manifesto make decision making more creative, faster and more focused on results.
Find out more information about decision-makers here:
https://brainly.com/question/13171394
What are the major causes of the contemporary plight of ldcs in international trade
What is Revenue?
What is Expense?
Answer: Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations and Expenses are the costs required for something; the money spent on something.
During 2011, Gum Co. introduced a new product carrying a two- year warranty against defects.
The estimated warranty costs related to dollar sales are 2% within 12 months following the sale and 4% in the second 12 months of the sale.
The sale and actual warranty expenditures for the years ended December 31, 2011, and 2012 are as follows:
Sales Actual warranty expenditures
2011 150,000 2,250
2012 250,000 7,500
Total 400,000 9,750
What amount should Gum report as warranty expense on its 12/31/2012 Income Statement?
The amount that Gum should report as estimated warranty expense on its December 31, 2012 balance sheet is $14,250.
First step is to calculate the estimated cost related to dollar sales
Estimated cost related to dollar sales=2%+4%
Estimated cost related to dollar sales= 6%
Second step is to calculate the estimated warranty expense that should be reported
Estimated warranty expense =(400,000×6%)-Total of actual warranty expenditures of $9,750
Estimated warranty expense=$24,000-$9,750
Estimated warranty expense=$14,250
Inconclusion the amount that Gum should report as estimated warranty expense on its December 31, 2012 balance sheet is $14,250.
Learn more about warrantee expense here:https://brainly.com/question/14070965
Which of the following statements is the best way to state your position in a conflict?
a.
“I am concerned you aren’t telling people the truth about me.”
b.
“I feel betrayed by what was said about me.”
c.
“You aren’t telling me what you tell other people.”
d.
“You need to let me know what you think about me to my face.”
Answer:
A
Explanation:
A plainly states your position in an argument.
Help help help help help help please please
Answer:
C. it allows them to collect income tães from employees
Five-A-Day, a company that produces and distributes organic vegetables for grocery stores, wants to market its vegetables in such a way that children will want to buy them. To accomplish this, the company creates an advertising campaign that features children dressed up in vegetable costumes attending a Halloween party and eating vegetables and dips as a snack. The company also packages cut up vegetables in grab-and-go containers in fun shapes and colorful designs to attract children's attention in the grocery store. Which marketing function does this scenario most closely describe?
A. grading
B, buying
C. selling
D. promoting
E. marketing research
The marketing function that this scenario best describes is marketing research, which is performed to collect data that will assist in the development of the company's marketing strategy.
We can see that Five-A-Day conducts marketing research by creating advertising campaigns that encourage the consumption of its products to its target audience, which are children.
Therefore, marketing research is an essential step for companies to segment their market through important information about the consumer's profile, preferences and needs.
In this way, the company makes better strategic decisions to increase its market position.
The correct alternative is letter E.
Find out more information about marketing research here:
https://brainly.com/question/24906199
This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many conversations with friends can he have to efficiently use his time? 0 1 4 6
In order to efficiently use his time, the conversations with friends Pete can have is 4.
The production possibilities curve depicts the ways two goods can be combined in order to fully utilise resources. The PPC is concave to the origin.
Points on the curve indicate an efficient level of production. Point outside the PPC means that the production level is not attainable given the level of resources . Points inside the PPC indicates that resources are not been fully utilized.
If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.
Please find attached an image showing the required graph. To learn more about the PPC, please check: https://brainly.com/question/8074245
You receive an email that you have won $100. For the company to transfer the money to your account, they need access to your bank routing number. What is the BEST way to handle this situation?
A. Reply with the information asked for.
B. Ask for further verification to prove that this is a legit company.
C. Request that they send you the money via an electronic gift card.
D. Click on the company’s logo so you can verify they have a real website.
Answer:
B
Explanation:
The BEST way to handle this situation is to ask for further verification to prove that this is a legit company.
What does verification means?This is when an individual ensures that the information he or she receives is genuine. The reason is to prevent fraud from the person sending an email.
Hence, the BEST way to handle this situation is to ask for further verification to prove that this is a legit company.
Learn more about verification here : https://brainly.com/question/14378421
#SPJ2
2. It is estimated that over 100,000 students will apply to the top 30 MBA programs in the United States this year. a. Using the concept of net present value and opportunity cost, explain when it is rational for an individual to pursue an MBA degree. b. What would you expect to happen to the number of applicants if the starting salaries of managers with MBA degrees remained constant but salaries of managers without such degrees decreased by 20 percent? Why?
It will be rational for an individual to pursue an MBA degree when the net present value (NPV) is positive.
In order for the individual to know if tp pursue the degree, the net present value should be calculated and when it's positive, then the degree should be pursued.
In a situation where the NPV is negative, the degree should not be pursued. When the starting salaries of managers with MBA degrees remained constant but salaries of managers without such degrees decreased by 20 percent, the number of applicants for the MBA degree will increase.
Learn more about NPV on:
https://brainly.com/question/7254007
how it can be used in addition to showing skills –use the account and debit card?
Answer:What happens when you use a debit card and use credit at the register?
Explanation:When you run your transaction as credit using your debit card, you are still authorizing a debit from your checking account. You will never be charged interest or receive a bill for doing this. Of course, choosing credit at the point-of-sale will not help you build your credit.
regional economic intergration in india
Answer:
the india is regional economic in EST asia
Help bell buissness help bell bel
Question
Increasing the M3 expansionary monetary policy will do
Which of the following?
Answer
A. it will increase the money supply
HEY!!^^
have a good day°^^
thank me later^^°
carryonlearing^^
Answer:A It will increase the money supply.
Explanation:
Interstate Manufacturing is considering either overhauling an old machine or replacing it with a new machine. Information about the two alternatives follows. Management requires a 10% rate of return on its investments.
Alternative 1: Keep the old machine and have it overhauled. This requires an initial investment of $150,000 and results in $50,000 of net cash flows in each of the next five years. After five years, it can be sold for a $15,000 salvage value.
Cost of old machine $111,000
Cost of overhaul 158,000
Annual expected revenues generated 106,000
Annual cash operating costs after overhaul 43,000
Salvage value of old machine in 5 years 16,000
Alternative 2: Sell the old machine for $29,000 and buy a new one. The new machine requires an initial investment of $300,000 and can be sold for a $20,000 salvage value in five years. It would yield cost savings and higher sales, resulting in net cash flows of $65,000 in each of the next five years.
Cost of new machine $291,000
Salvage value of old machine now 34,000
Annual expected revenues generated 94,000
Annual cash operating costs 22,000
Salvage value of new machine in 5 years 15,000
Required:
1. Determine the net present value of alternative 1.
2. Determine the net present value of alternative 2.
3. Which alternative should management select based on net present value?
1. The net present value of Alternative 1 is $90,755.
2. The net present value of Alternative 2 is $14,355 with the sale proceeds of the old machine.
3. Based on the net present value, Interstate Manufacturing should overhaul the old machine instead of replacing it with the new one.
Data and Calculations:
Required rate of return = 10%
Alternative 1 Alternative 2
Cost of old machine $111,000 ($29,000)
Cost of overhaul 158,000 $300,000
Expected annual revenues 106,000 94,000
Expected annual operating costs 43,000 22,000
Net cash flows for 5 yrs 63,000 72,000
Salvage value after 5 yrs 16,000 20,000
PV annuity factor of 10% for 5 years = 3.7908
PV factor of 10% for 5 years = 0.6209
Alternative 1 Alternative 2
PV value of annual net cash flows 238,820 272,937
PV value of Salvage value 9,935 12,418
Present value of cash inflows $248,755 $285,355
Cost of overhaul/Investment (158,000) (300,000)
Proceeds from the sale of old machine 29,000
Net present value $90,755 $14,355
Thus, based solely on the net present values of alternatives 1 and 2, Interstate Manufacturing should overhaul the old machine (alternative 1) because it yields a greater net present value than alternative 2.
Learn more: https://brainly.com/question/13228231
1
2
3
4
5
6
7
8
10
In choosing a career, your personal resources are defined as
the amount of money you require to accept the job when first hire
b. who you are and what you have to offer an employer
your career decisions and goals
d. whether or not you have transportation to and from work
Please select the best answer from the choices provided
Determining how much money to keep in cash and how much to invest in other options is called O A. mutual funding O B. capital formation C. asset allocation O D. diversification
Consider a favorite product or service of yours. What is it you value, and
what matters most? Can you develop clear requirements from this? And
Categorize your requirements revealed through the value you perceive into
‘Basic Quality’, ‘Spoken Performance’, and ‘Excitement Quality’ features,
2-2) And Taking your example from questions 1 put yourself in the place of
the supplier; how might you access customer requirements such as the
ones you noted?
Based on the information given, a favorite product of mine will be a mobile phone and it provides me with several values such as communication, taking pictures, etc.
The values that can be gotten from mobile phones will be communication, managing professional meetings, and emails, making purchases on online stores, capturing photos and videos.
Also, the most important feature of the mobile phone that I like is the camera and its connectivity. The requirements that I like in a mobile phone include camera features, clarity of calls, and ease of access.
In conclusion, as a supplier, I will create a feedback mechanism in order to get information from consumers regarding the products.
Learn more about values on:
brainly.com/question/25528419
Phil's qualified education expenses for the year are $34,000. He claims a $2,500 American Opportunity Credit (based on $4,000 of his expenses). If Phil receives a $40,000 ESA distribution that includes $4,000 in earnings, how much of the entire ESA distribution will he receive tax-free
Based on the information given, the amount that will be tax-free from the ESA distribution will be $39000.
From the information given, the eligible education expenses will be:
= $34000 - $4000
= $30000
The tax free portion will be:
= (4000 × 30000) / 40000
= $3000
The total tax-free distribution will be:
= Contributions + Earnings
= $36000 + $3000
= $39000
Learn more about tax on:
https://brainly.com/question/1133253
A characteristic of a process cost accounting system is: Group of answer choices It is used by a company manufacturing custom machinery. None of these is correct. Work in process inventory is restated in terms of equivalent production. Costs are accumulated by order.
There are different aspect of process cost accounting. A characteristic of a process cost accounting system is Costs are accumulated by order.
Process costing is known to be a common accounting methodology. It helps one to evaluate or finds out and accumulates direct costs, and gives indirect costs of a manufacturing process.
This system is commonly used to give the cost to departments or processes particularly. It consist of all the allocation of direct material, labor, and other overheads.
Learn more about process cost accounting from
https://brainly.com/question/2451687