Business, 04.02.2020 05:48 janinecastillo01
Use the following information to calculate gdp. you may calculate gdp from either the expenditure side or the income side of the accounts.
government purchases of goods and services 3,200
consumption 11,500
compensation of employees 9,100
business structures and equipment investment 1,500
residential investment 500
r& d expenditures 200
corporate profits 1,500
rent 300
interest 1,000
proprietors income 200
change in business inventories -100
taxes on production and imports 2,000
government transfer payments 1,800
exports 1,500
imports 2,000
depreciation 2,000
statistical discrepancy 200.
a. calculate gdp
b. calculate national income.
Answers: 2
Business, 22.06.2019 10:30, salvadorjr1226p4zkp3
On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
Answers: 2
Business, 22.06.2019 15:00, WowOK417
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
Use the following information to calculate gdp. you may calculate gdp from either the expenditure si...
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