A) The following is national accounting data is projected for a hypothetical economy. (10 marks)

(Sh Billions)

Gross Domestic Product (GNP)

1692

Net factor income from abroad (Receipts – Payments)

-58

Capital consumption allowance

180

Indirect business taxes

163

Social security contributions

123

Corporate incomes taxes

65

Undistributed corporate profits

18

Transfer receipts

232

Personal taxes

193

Compute the following:

i.

Net National product (Market price)

ii.

National Income (N. I)

iii.

Personal Income (P. I)

iv.

Disposable personal Income (Yd)

b) Assume that an economy has a nomi

How is the architecture career pathway different from the construction pathway? a. architecture involves coordinating with contractors to make sure everyone stays on schedule. b. architecture involves using tools and equipment to build something new. c. architecture involves the design process, considering the function and safety of the project. d. architecture involves evaluating the work of contractors and employees.

The balance sheet contains the following major sections: current assets long-term investments property, plant, and equipment intangible assets other assets current liabilities long-term liabilities contributed capital retained earnings accumulated other comprehensive income required: the following is a list of accounts. using the letters a through j, indicate in which section of the balance sheet each of the accounts would be classified. if an account does not belong under one of the sections listed, select "not under any of the choices" from the classification drop down box. for all accounts, indicate if the account is a contra account or an account that would normally be deducted on the balance sheet by selecting "yes" from the second drop down box, otherwise select "no". account classification contra or deducted (yes/no) 1. cash 2. bonds payable (due in 8 years) 3. machinery 4. deficit 5. unexpired insurance 6. franchise (net) 7. fund to retire preferred stock 8. current portion of mortgage payable 9. accumulated depreciation 10. copyrights 11. investment in held-to-maturity bonds 12. allowance for doubtful accounts 13. notes receivable (due in 3 years) 14. property taxes payable 15. deferred taxes payable 16. additional paid-in capital on preferred stock 17. premium on bonds payable (due in 8 years) 18. work in process 19. common stock, $1 par 20. land 21. treasury stock (at cost) 22. unrealized increase in value of available-for-sale securities

4. the condition requires that only one of the selected criteria be true for a record to be displayed.