Answer:
The correct answer is <em>households.</em>
Explanation:
The final consumption expenditure of households (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines and personal computers), purchased by households. Home purchases are excluded, but includes the imputed income of the homes occupied by their owners. It also includes the amounts and fees paid to governments to obtain permits and licenses. In this case, household consumption expenditure includes the expenses of nonprofit institutions that provide services to households, even when the country reports them separately. This item also includes any statistical discrepancy in the use of resources in relation to the supply of resources.
Answer:
net pension expense (or revenue) under U.S.GAAP is $600
Explanation:
the past service cost included in the 2013 net pension expense ( or revenue) under U.S. GAAP is calculated below;
past service cost = { ( <u>increase PSC for vested employees</u>)
(remaining working life of vested employees)
+
{(<u> increase PSC for non-vested employee)</u>}
( remaining working life of non- vested employees)
past service cost = { $5000/10years) + ( $ 2000/20years)
past service cost = $500 + $100
past service cost =$600
Therefore the past service cost included in the 2013 net pension expense (or revenue) under U.S.GAAP is $600
Answer:
The correct answer is letter "A": Respect.
Explanation:
The Project Management Institute or PMI is an American non-profit organization that defines and keeps standards for project management within organizations. According to the PMI, the values for ethical project management involve responsibility, fairness, respect, and honesty. Respect implies showing high awareness for managers, others involved in the firms, and the resources provided to the executives.
Answer:
B. Debit Vacation Benefits Expense $1,500; credit Vacation Benefits Payable $1,500
Explanation:
Lets consider all the other options to eliminate them from our choice
Option A: The entry provided debits the vacation benefits expenses and credits the prepaid vacation benefits. The liability for the vacation credit earned by the employees during the month needs to be recorded so this is not an adjustment of an advance vacation benefit.
Option C: The required entry has nothing to do with taxes so not relevant.
Option D: The entry is to record the liability for vacations earned by the employees so an expenses has to be recorded.
Option E: The option reduces the liability and reduces the expenses which is against the requirement of the question
Answer:
Option (C) is correct.
Explanation:
The dollar profit/loss and holding period return is computed as follows:
Dollar profit/loss will be:
= Stock sold one year later - Purchasing price of stock + Dividend paid
= $51.38 - $47.50 + $0.72
= $4.60
Holding period return will be:
= (Stock sold one year later - Purchasing cost of stock + Dividend paid
) ÷ Purchasing price of stock
= ($ 51.38 - $ 47.50 + 0.72) ÷ $47.50
= 9.68% Approximately
So, the correct answer is option C i.e. $4.60 ; 9.68%
