The cost of the company production that was included in U.S. GDP is $12 million.
Using this formula
Cost of production=Cost of producing cans of sardines- Purchase
Where:
Cost of producing cans of sardines=$14 million
Purchase=$2 million
Let plug in the formula
Cost of production=$14 million- $2 million
Cost of production=$12 million
Inconclusion the cost of the company production that was included in U.S. GDP is $12 million.
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Answer:
$12 million
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
contribution to GDP = value of final good - value of intermediate good
14 = 2 = 12
B. low interest rates on creditors over a long period
C. federal reserve discount rate reductions on the bond markets
D. a required reserve ratio on excess reserves
I need help on this, Unit 6 Lesson 10, please. CCA
Answer: a cash deposit into banking system on the money supply
The money multiplier refers to the ratio of deposits to the reserves in a certain banking system. The money multiplier formula is caused by a cash deposit in a bank on the money supply.
Answer:
A.
Explanation:
The accounting cycle is the name given to the collective process of recording and processing the accounting events of a company. The series of steps begin when a transaction occurs and end with its inclusion in the financial statements.
Upon the posting of adjusting entries, a company prepares an adjusted trail balance followed by the financial statements. An entity closes temporary accounts (revenues and expenses) at the end of the period using closing entries. These closing entries transfer net income into retained earnings. Finally, a company prepares the post-closing trial balance to ensure debits and credits match.
Steps:
-Journal
-Ledger
-Trail Balance
-Adjustment Entries
-Trading Account
-Profit or loss account
-Final accounts
-Post closing Trail Balance
Answer:
c. after closing entries have been journalized but before the entries are posted.
Explanation:
The post-closing trial or trial balance is a relationship between the G / L accounts and the balances made at the end of the period, after journaling and then moving the closing entries to the G / L. It is the last instance in the accounting cycle, it is performed at a later stage when the closing of the nominal accounts is carried out, its main function is to certify that the largest is balanced at the beginning of the next accounting period.
Answer:
a competitive advantage
Explanation:
B.)tariff
C.)quota
___________________________________________
1.)To protect its plastic industry from
foreign competition, country A
raises taxes on plastic imports.
2.)Country A decides that it will allow
only 500,000 tons of rice to be
imported per year so demand
for local produce doesn’t fall too much.
3.)Because of subsidization and improving
technologies, country A is able to grow
large quantities of corn. It exports corn
to country B at prices below normal value.
The correctmatches for the given list is as follows A) Dumping - 3, B) Tariff- 1, C)Quota- 2.
When a countryexports it's product to another country with the amount that is lower in the foreignmarket, it is known as Dumping.
Quota is something that restricts the import of goods and product from another country.
Tariff is the amount, usually charged on the import of the goods.
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It is called management information system.
A management information system is simply the study of how computer systems operate
Management information system refers to a computer system that is made up of software and hardware which provides support for the operations of an organization.
The management information system collects data from different online systems, scrutinizes the information and provides some crucial data that helps the organization to make informed decisions. In other words, a management information systems help an organization in decision making.
The main reason why firms make use of management information systems is to enhance decision making and provide accurate data regarding the company’s assets which include: marketing, the material needed for production, real estate, marketing and many more.
Some of the types of information systems used by companies to create reports and extract data include
Other types of information systems include:
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