the other son, possibly should get the computer first, because he doesn't need it for much, while the 1st son needs it for a number of things
#16 is B because I know I’ve had that problem before
Answer:
$200
Explanation:
GDP refers to the total value of all goods and services produced in a country in a period. Economists consider all products regardless of who manufactured them. Only finished consumer goods and services are counted to avoid double counting.
In the scenario, only the fruits and vegetables will add to the US GDP. They are finished consumer goods produced within the borders of the US. If they were capital goods, they would not be included in GDP calculations. The $100 spent on MP3 will not count because the item was not produced in the US. It is an import. Its value will be adjusted against exports when calculating GDP.
Answer:
A. $34,000
Explanation:
The formula to compute the year-end retained earnings balance is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - depreciation expense - dividend paid
= $32,000 +$12,000 - $3,000 - $7,000
= $34,000
The depreciation expenses and dividend are deducted and the net income is added to the beginning balance of retained earning account so that the accurate amount can come.
