Answer:
The answer is A. Plus net receipts of factor income from the rest of the world
Explanation:
Gross National Product (GNP) measures the total output produced by a citizen of a country regardless of whether the production occurs domestically or overseas in a given period of time. while Gross Domestic Product(GDP) is the market value of all final goods and services produced within the economy in a given period of time.
For example, a citizen of United States that produced outside the country will not count for GDP but will count in the GNP.
It is only goods produced within a country that counts for GDP excluding the ones produced outside the country.
But for GNP, it includes GDP and the one outside produced by its citizens
Answer:
Oriole should buy the wickets.
Explanation:
The variable cost of producing wickets is $22/unit.
The fixed cost of production is $8/unit.
The total cost of producing wickets is $30/unit.
Saran company offers to sell 4900 units of wickets at $24.
If wickets are purchased it will cost $24/unit.
Since cost is lower when buying, Oriole should buy wickets.
Answer:
The likely outcoe could be,
Likely be:
- Glinda will win, because the statute of limitations starts to run on the date, she filed a suit, i.e. Feb.22, 2014.
- Glinda will win, because the statute of limitations starts to run from the time that the she discovered the breach, i.e. Jan. 17, 2014.
Likely not be:
- Glinda will lose, because the statute of limitations ran on Jan. 13, 2013, i.e. two years after the date the contract was entered on Jan. 14, 2011.
-Glinda will lose, because the statute of limitations requires a demonstration of attempt to cure.
Answer and Explanation:
The effect of the given transaction is shown in the attachment below. Please find the attachment
As we know that
Accounting equation is
Total assets = Total liabilities + total stockholder equity
So,
1. In the first transaction there is an increased in assets by $29,000 and decreased the assets by $29,000 plus the same is to be recorded in the operating section of the cash flow statement
2. In the second transaction, there is decreased in asset for $49,020 also the retained earning is also decreased by same amount plus there is a bad debt expense also
Answer:
Total cost= $3,595
Explanation:
Giving the following information:
Estimated fixed overehad= $155,000
Estimated variable manufacturing overhead= $3.40 per machine-hour
Estimated machine-hours= 50,000
Job A881:
Total machine-hours 100
Direct materials $645
Direct labor cost $2,300
First, we need to calculate the predetermined overhead rate:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (155,000/50,000) + 3.4
Estimated manufacturing overhead rate= $6.5
Total cost= direct material + direct labor + allocated overhead
Total cost= 645 + 2,300 + (6.5*100)
Total cost= $3,595
