Answer: B) employee’s compensation.
The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.
Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.
The Gut follower or the random chance submitter
Answer:
If closed the operating income will decrease by 50,000
Is a better scenario to continue with the residential sercives
Explanation:
<em><u>current scenario:</u></em>
contribution margin 450,000
Fixed Cost 480,000
net loss 30,000
<em><u>drop scenario:</u></em>
contribution margin = 0
fixed cost 450,000-370,000 = 80,000
net loss (80,000)
Answer:
$116,499.15
Explanation:
To find the amount he will have to invest today, we have to find the present value of $500,000 at the 6% interest rate
PV = FV (1+r)^-n
PV = Present value
FV = Future value = $500,000
R = interest rate = 6%
N = number of years = 25
$500,000 ( 1 + 0.06) ^-25 = $116,499.15
I hope my answer helps you