Presented here are selected transactions for the Cullumber Company during April. Cullumber uses the perpetual inventory system. April 1 Sold merchandise to Mann Company for $4,200, terms 2/10, n/30. The merchandise sold had a cost of $3,000. 2 Purchased merchandise from Wild Corporation for $8,500, terms 1/10, n/30. 4 Purchased merchandise from Ryan Company for $1,100, n/30. 10 Received payment from Mann Company for purchase of April 1 less appropriate discount. 11 Paid Wild Corporation for April 2 purchase. Journalize the April transactions for Cullumber Company

Answers

Answer 1

Answer:

Cullumber Company

Journal Entries:

April 1 Debit Accounts receivable (Mann Company) $4,200

Credit Sales revenue $4,200

To record the sale of goods on credit terms, 2/10, n/30.

Debit Cost of goods sold $3,000

Credit Inventory $3,000

To record the cost of goods sold.

April 2 Debit Inventory $8,500

Credit Accounts payable (Wild Corporation) $8,500

To record the purchase of goods on credit terms, 1/10, n/30.

April 4 Debit Inventory $1,100

Credit Accounts payable (Ryan Company) $1,100

To record the purchase of goods on credit terms, n/30.

April 10 Debit Cash $4,116

Debit Cash Discounts $84

Credit Accounts receivable (Mann Company) $4,200

To record the receipt of cash on account, including discounts.

April 11 Debit Accounts payable (Wild Corporation) $8,500

Credit Cash $8,415

Credit Cash Discounts $85

To record the payment on account, including discounts.

Explanation:

a) Data and Analysis:

April 1 Accounts receivable (Mann Company) $4,200 Sales revenue $4,200 terms 2/10, n/30.

Cost of goods sold $3,000 Inventory $3,000

April 2 Inventory $8,500 Accounts payable (Wild Corporation) $8,500 terms 1/10, n/30.

April 4 Inventory $1,100 Accounts payable (Ryan Company) $1,100 n/30.

April 10 Cash $4,116 Cash Discounts $84 Accounts receivable (Mann Company) $4,200

April 11 Accounts payable (Wild Corporation) $8,500 Cash $8,415 Cash Discounts $85


Related Questions

An important issue when developing a new service or changing an existing one is the question of how different the new service is compared to the current services offered by the firm. Which of the following is not a general factor to consider when determining this?a. Similarity to current servicesb. Similarity of expected customers to current customersc. Similarity to current processesd. Financial justification

Answers

Answer:

Option b: Similarity of expected customers to current customers

Explanation:

Designing Service Products

This is an essential requirements when developing a new service or changing an existing one. There is this view or notion of how different the new service is compared to the current services offered by the firm. There are three general factors to consider when determining this. It includes:

1. Similarity to current service

2. Current process

3. Financial justification

Characteristics of Product Design Process

It includes:

1. The companies often bring new products to market

2. There is an integral to success

3. It differs significantly depending on the industry etc.

The Major factors in design strategy includes;

1. Cost

2. Quality

3. Time to market

4. Customer satisfaction

5. Competitive advantage

Crane Corporation's computation of cost of goods sold is:

Beginning inventory $34800
Add: Cost of goods purchased 470000
Cost of goods available for sale 504800
Less: Ending inventory 72000
Cost of goods sold $432800

The average days to sell inventory for Fry are:________

Answers

Answer:

16.64 days

Explanation:

Given the above information, we will calculate the average days to sell inventories with the formula below;

Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100

Ending inventory = $72,000

Cost of goods sold = $432,800

Then, Average days to sell inventories

= [$72,000 / $432,800] × 100

= 16.64 days

Therefore, the average days to sell inventory for Fry are 16.64 days

Which per unit cost does the slope of the total cost line represent? Group of answer choices Fixed Variable. Semivariable Step-variable

Answers

Answer: Variable cost

Explanation:

The slope of a regression line is meant to represent the change in the total variable or y, as a result of a change in the number of independent observations or x.

The cost that changes during production as a result of an increase in x which is the volume of products, is the variable cost so it is the slope of the total cost line,

Slope of total cost line:

y = mx + c

y = total cost

m = variable cost. m is also slope.

x = production volume

c = fixed cost

Tarnopol Learning Services​ (TLS) offers tutoring to high school​ students, college​ students, and adults returning to school.​ TLS's major product offerings include academic​ tutoring, standardized test​ preparation, and admissions consulting. Demand for standardized test​ preparation, which accounts for the majority of​ TLS's revenues, peaks before the most popular test dates. Demand for admissions consulting peaks late in the​ year, just before application deadlines. Demand for tutoring services varies less than demand for other TLS​ services, but it is highest near the end of academic semesters. Staff shortages during these times have been a persistent problem. In​ response, TLS is considering whether to​ 1) recruit and train a greater number of temporary workers during peak demand​ times; or​ 2) partner with a tutoring and testing outsourcing firm that would provide services to TLS customers using the TLS brand. An executive at TLS believes that the best way to measure the number of extra employees that TLS needs is to estimate the number of extra employees each product category requires and then add all of those estimates together. Which of the following points out a flaw in this​ approach??A. The largest growth area for TLS is governmental contracts, which have buying procedures that are very different from those of other customers.B. TLS currently maintains separate accounting departments in each of its regions. C. To be effective, TLS managers need to be experts in at least one of the products that TLS sells. D. TLS hopes to build sustained relationships with customers, selling the same person academic tutoring standardized test preparation, and admissions consulting. E. Communication between different marketing departments in different regions has been substandard.

Answers

Answer:

D. TLS hopes to build sustained relationships with customers, selling the same person academic tutoring standardized test preparation, and admissions consulting. E. Communication between different marketing departments in different regions has been substandard.

Explanation:

An analysis of the income statement revealed that interest expense was $100000. Waterway Company's times interest earned was

Answers

Answer: 8.3

Explanation:

The times interest earned is used to estimate the ability of a company to pay its debt payments using income from operations.

It is calculated by the formula:

= Earnings before interest and tax / Interest expense

Earnings before interest and tax:

= Earnings before tax + Interest expense

= 730,000 + 100,000

= $830,000

Times interest earned:

= 830,000 / 100,000

= 8.3

The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year:
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Units to be produced 10,400 9,400 11,400 12,400
Each unit requires 0.25 direct labor-hours and direct laborers are paid $12.00 per hour. In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $24,000 per quarter.
Required:
1. Prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
2. Prepare the company’s manufacturing overhead budget.

Answers

Answer and Explanation:

The preparation is presented below:

1. For Direct labor budget

Particulars           1st quarter  2nd quarter   3rd quarter  4th quarter Year

Production Units   10400        9400                11400            12400       43600

direct labor time

per unit (hr)             0.25         0.25                   0.25               0.25         0.25

Total direct labor

hour needed           2600      2350                   2850               3100     10900

direct labor cost

per hour                   12              12                         12                    12          12

Total direct

labor cost              31200         28200               34200           37200 130800

2. For Manufacturing overhead budget

Particulars           1st quarter       2nd quarter   3rd quarter   4th quarter Year

Variable

manufacturing overhead 4420    3995              4845            5270         18530

Fixed manufacturing

overhead               84000            84000            84000        84000      336000

Total manufacturing

overhead            88420               87995              88845          89270 354530

Less: depreciation  -24000        -24000             -24000        -24000 -96000

cash disbursement

for manufacturing overhead 64420  63995  64845    65270    258530

Rodgers Corporation agrees on January 1, 2019, to lease equipment from Packers, Inc. for 3 years. The lease calls for annual lease payments of $12,000 at the beginning of each year. The lease does not transfer ownership or contain a bargain purchase op- tion, and is not a specialized asset. In addition, the economic life of the equipment is 10 years, and the present value of the lease payments is less than 90% of the fair value of the equipment. Prepare Rodgers, journal entries on January 1, 2019 (commencement of the operating lease), and on December 31, 2019. Assume the implicit rate used by the lessor is 8%, and this is known to Rodgers. E21.17 003) Use the information for Rodgers Corporation and Packers, Inc. from BE21.16. Assume that for Packers, Inc., the lessor the collectibility of the lease payments is probable, and the fair value and cost of the equipment is $60,000. Prepare Packers' 2019 journal entries, assuming the company uses straight-line depreciation and no residual value.

Answers

Answer:

Rodgers Corporation and Packers, Inc.

Journal Entries:

1. Rodgers Corporation:

January 1, 2019:

Debit Right of Use Assets $33,400

Credit Lease Liability $33,400

To record the right of use asset and lease liability with the PV.

Debit Lease Liability $12,000

Credit Cash $12,000

To record the first payment of the lease liability on January 1, 2019

December 31, 2019:

Debit Amortization Expense $10,288

Debit Interest Expense $1,712

Credit Right of Use Assets $12,000

To record the annual amortization of the right of use assets.

Packers, Inc.

January 1, 2019:  

Debit Cash $12,000

Credit Unearned Lease Revenue $12,000

To record unearned lease revenue.

December 31, 2019:

Debit Unearned Lease Revenue $12,000

Credit Lease Revenue $12,000

To record the earned lease revenue.

Debit Depreciation Expense $6,000

Credit Accumulated Depreciation- Leased Equipment $6,000

To record depreciation expense for the year.

Explanation:

a) Data and Calculations:

January 1, 2019

Annual lease payment at the beginning of each year = $12,000

The Present Value of annual lease payments = $33,400.

Implicit rate = 8%

To determine the PV of the lease payments:

N (# of periods)  3

I/Y (Interest per year)  8

PMT (Periodic Payment)  12000

FV (Future Value)  0

 

Results

PV = $33,399.18

Sum of all periodic payments $36,000.00

Total Interest $2,600.82

Schedule of Payments

Period       PV               PMT                Interest             FV

1          $33,400        $12,000.00        $1,712        $23,112

2          $23,112        $12,000.00          $889       $12,000

3         $12,000        $12,000.00         $0.00          $0.00

Analysis:

January 1, 2019:

Right of Use Assets $33,400 Lease Liability $33,400

Lease Liability $12,000 Cash $12,000

December 31, 2019:

Amortization Expense $10,288 Interest Expense $1,712 Right of Use Assets $12,000

Packers, Inc.

January 1, 2019:  

Cash $12,000

Unearned Lease Revenue $12,000

December 31, 2019:

Unearned Lease Revenue $12,000

Lease Revenue $12,000

Depreciation Expense $6,000 ($60,000 ÷ 10)

Accumulated Depreciation- Leased Equipment $6,000

A natural monopoly arises whenA. a single firm aggressively forces other competitors to exit and industry.B. a single firm has a monopoly over natural resources.C. two firms merge into a single firm in order to capture more of the market.D. a single firm can produce more cheaply than multiple firms due to a downward-sloping average total cost curve.

Answers

Answer:

D

Explanation:

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is a utility company

A natural monopoly occurs due to the high start-up costs or a large economies of scale.

Natural monopolies are usually the only company providing a service in a particular region  

Characteristics of natural monopolies

they have a large fixed cost The firms have a low marginal costThey occur naturally through the free market. It does not occur by government regulation or any other force

A mutual fund sold $58 million of assets during the year and purchased $64 million in assets. If the average daily assets of the fund were $216 million, what was the fund turnover

Answers

Answer: 26.85%

Explanation:

Based on the information given in the question, the fund turnover will be calculated thus:

Funds sold = $58 Million

Average Daily Assets = $216 Million

Fund Turnover = Fund Sold / Average Daily Assets

Fund Turnover = $58 Million / $216 million

= 26.85%

Small businesses make up the majority of the competitive landscape for most businesses. There are approximately __________ small businesses in the United States.

Answers

Answer:

29 million

Explanation:

The Small Business Administration (SBA) is an agency of the federal government that is saddled with the responsibility of providing both managerial and financial assistance to small businesses in the United States of America. SBA was established in 1953 as an autonomous or independent agency of the government of the United States of America. Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.

The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, in order to provide them with the necessary funds required to plan, start and grow their business.

Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America.

In the United States of America, majority of the competitive landscape or business environment is made up of small business enterprise.

According to the small business administration (SBA), there are approximately 29 million small businesses in the United States.

Which Company/Security report would be best for someone looking to compare a company to its peers in a single display

Answers

Which Company/Security report would be best for someone looking to compare a company to its peers in a single display is Comps.

In short, locating comps involves searching out current income of homes as similar to your very own belongings as viable, then evaluating your own home to them and adjusting your rate to account for the differences.

Comparable (comps) are utilized in valuations in which a currently offered asset is used to decide the price of a comparable asset.  Comparable, regularly utilized in actual property to discover the honest price of a domestic, are a listing of latest asset income that replicate the traits of the asset and proprietor is seeking to promote.

Simply put, actual property comparable – or “comps” – are similar houses in a selected place that you are looking to shop for or promote in.  Comps are used to decide the price of a domestic through evaluating it to comparable houses offered withinside the equal community or in a place as near as viable to the residence being valued.

Learn more about Comps here:

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What annual rate of return is earned on a $13,000 investment made in year 2 when it grows to $17,000 by the end of year 7?
A. 10.64%.
B. 4.28%.
C. 8.04%.
D.​ 5.51%.

Answers

Answer:

It would be D. 5.51%

Answer:

D

Explanation:

It's accumulating for 5 years

[tex]17000=13000(1+i)^5\\1.307692308=(1+i)^5\\\sqrt[5]{1.307692308} =1+i\\i=.05511[/tex]

Duerr company makes a $67,000, 90-day, 10% cash loan to Ryan Co. The maturity value of the loan is: (Use 360 days a year.)

Answers

Answer:

the maturity value of the loan is $68,675

Explanation:

The maturity value of the loan is shown below:

= Loan amount + interest charged

= $67,000 + ($67,000 × 10% × 90 days ÷ 360 days)

= $67,000 + $1,675

= $68,675

hence, the maturity value of the loan is $68,675

g if you deposit $2,000 into an account and it earns 6% interest, how much will you have in 11 years

Answers

Answer:

Amount earned = $3320

Explanation:

Given the following data;

Principal, P = $2,000

Interest rate, R = 6%

Time, T = 11 years

To find the simple interest;

S.I = PRT/100

S.I = (2000*6*11)/100

S.I = 20*6*11

S.I = $1320

Amount earned = Principal + S.I

Amount earned = 2000 + 1320

Amount earned = $3320

To report insights, researchers must combine their knowledge of business with their intimate knowledge of the research sponsor-manager gained while conducting the research.
A. True
B. False

Answers

Answer:

A. True

Explanation:

Any time you present a research report, you are combining your previous knowledge with new insights and knowledge gained while preparing the report. This applies to basically every type of new report that you prepare and even updates of prior reports. Sometimes the conditions change between the time the original report was made and the next periodic report.

The statement that researchers needs to add the knowledge of business as well as that of intimate research sponsor-manager to report insights is True.

Insights serves as the interpretations of raw data which contains some meaning in a particular context to the audience.

As a researcher, that want to report an insight, there is a need to combine the knowledge gained from sponsor-manager and knowledge from business during the research.

Therefore, the statement is True.

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Name two of the organizations that are involved in standards or installation requirements for home automation systems:

Answers

Answer:

American National Standards Institute

Institute of Electrical and Electronics Engineers

Explanation:

The American National Standards Institute oversees the standardization of products, systems, and services in the United States as well as the harmonization of these standards with those obtainable in other countries. They also accredit the standards developed by other standards organizations.

The Institute of Electrical and Electronics Engineers makes educational contributions to the advancement and development of standards and installation systems. It is a merger of the American Institute of Electrical Engineers and the Institute of Radio Engineers.

World-Tour Co. has just now paid a dividend of $2.83 per share (Div0); its dividends are expected to grow at a constant rate of 6% per year forever. If the required rate of return on the stock is 16%, what is the current value of the stock after paying the dividend

Answers

Sksksksxnxjsizknx nbcndjdiewis. Chdisns c dhdjs

Two years ago, Global Airlines sold a $250 million bond issue to finance the purchase of new jet airliners. These bonds were issued in at par value with an original maturity of 12 years and a coupon rate of 12%. Determine the value today of one of these bonds to an investor who requires a 14% rate of return on these securities. Is it a discount or premium bond and why

Answers

Answer:

$897

Explanation:

Calculation to determine the value today

Using Financial calculator to determine the Present value (PV)

N = (12- 2) = 10 years

I = 14%

PMT =12%*1,000=120

FV = $1000

PV=?

Hence;

PV = $896.68

PV=$897 (Approximately)

Therefore the value today is $897

explain briefly features of creativity ​

Answers

Answer:

In conclusion we can say that if we want to run a creative activity in the classroom, we need to check for the presence of these four features: imagination, purpose, originality and value, and organise the process in a way that all these can be incorporated.

Explanation:

hope it helps!

Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $325,000, variable expenses of $159,600, and traceable fixed expenses of $72,800. The Alpha Division has sales of $635,000, variable expenses of $345,800, and traceable fixed expenses of $135,900. The total amount of common fixed expenses not traceable to the individual divisions is $138,200. What is the company's net operating income?

Answers

Answer:

Net operating income= $107,700

Explanation:

Giving the following information:

Beta Division:

Sales= $325,000

Variable expense= $159,600

Traceable fixed expense= $72,800

Alpha Division:

Sales= $635,000

Variable expense= $345,800

Traceable fixed expense= $135,900

We need to calculate the net operating income:

Beta division partial income= 325,000 - 159,600 - 72,800= 92,600

Alpha division partial income= 635,000 - 345,800 - 135,900= 153,300

Common fixed expense= (138,200)

Net operating income= $107,700

Singapore is one of the leading producers of coffee in the world. However, there are a few companies in Singapore that import coffee from Brazil and India. Which of the following can Singapore establish to promote self-sufficiency?
A. Import liberalization.
B. Export incentives.
c. Import quotas.
d. complementary import policy.

Answers

Answer:

c. Import quotas.

Explanation:

An import quota is a restrictions made on the trade that specify the physical ,imit on the good quantity that could be imported in a country for the particular period of time. It is used for providing the benefit to the producers in that particular economy

So as per the given situation, the option c is correct

and, the same should be considered

Frank and Daniel both agreed to volunteer for a company project cleaning and organizing the district warehouse. There were to be 50 volunteers. Upon arrival, they discovered volunteer turnout was low. They were assigned to the northwest corner of the warehouse where they were to meet Trixie, who would give them their assignment. When they arrived, Trixie was nowhere to be found but they did find two push-brooms leaning against the wall. Frank took a seat on a box to wait for Trixie and his assignment. Daniel grabbed one of the push-brooms and began sweeping. While he was sweeping, Daniel thought, "This is why my desk looks so tidy, while Frank’s desk looks like a disaster." Which of the following statements is likely true of this scenario? Multiple Choice I

a. n this weak situation, Frank’s laziness trait is activated. In this strong situation, Daniel’s neurotic trait is activated.
b. In this weak situation, Daniel’s introversion trait is activated. In this strong situation Frank’s conscientiousness trait is activated.
c. In this weak situation, Daniel’s extraversion trait is activated.

Answers

Answer:

a. In this weak situation, Frank’s laziness trait is activated. In this strong situation, Daniel’s neurotic trait is activated.

Explanation:

A trait can be defined as the characteristics of a person that describes his nature and his behavior. It is the result of one's genes or are influence from surrounding or nature.

A neurotic trait of a person helps the person to deal with the stress. It is a tendency towards shyness, anxiety, etc.

In the context, it is given that both Frank and Daniel volunteered themselves for cleaning a district warehouse. They were assigned the northwest corner of the warehouse to clean. Daniel found a push-broom and started sweeping and cleaning the floor, while Frank waited for Trixie to arrive who will assigned them their job.

In this situation, it shows the laziness trait of Frank who felt too lazy to start his work before someone assigning them to him while Daniel is active and it shows his neurotic trait because of which Daniel started his job and did not waited for Trixie to come.

Thus the correct option is (a).

Suppose that when the price of hamburgers rises by 7%, the quantity of ketchup demanded at the current price of ketchup falls by 6%. When income rises by 12%, the quantity of ketchup demanded at the current price increases by 5%. Calculate the income elasticity of demand for ketchup.

Answers

Answer:

0.42

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.

If the absolute value of income elasticity of demand is greater than one, it means demand is elastic.

If the absolute value of income elasticity of demand is less than one, it means demand is inelastic.

Income elasticity of demand = percentage change in quantity demanded / percentage change in income

5/12 = 0.42

In each scenario below, please identify the personality dimension that, according to psychologist Carl Jung, would be the most appropriate answer. Which of the following statements best describes someone who has the introversion dimension?
A. Energized by inner world of thoughts and ideas, deep interests, thinks before speaking
B. Let life happen, spontaneous, open-ended, and last minute situations are energizing.
C. Lives life organized, stable, systematic, and under control.
D. Makes decisions by analysis, logic, and impersonal criteria.

Answers

Answer:

A. Energized by inner world of thoughts and ideas, deep interests, thinks before speaking.

Explanation:

Carl Jung was a psychoanalyst and a [tex]\text{Swiss psychiatrist}[/tex]. He founded the study of analytical psychology. He is best known for his theory of the Unconscious and also for his work on the religious nature behind the psychology of the humans.

According to him, an introversion dimension of the human mind is energized by the inner thoughts and ideas, his or her interest. An introversion mind always thinks before speaking.

Introversion mainly deals with the personality where one's thought and ideas provides them confidence of themselves.

Therefore, the correct option is (A).

Olin is a partner in Precision Plumbing. When the partners decide to dissolve the firm, Olin collects and distributes the assets. This results in

Answers

Answer: the termination of the firm's legal existence

Explanation:

The options to the question are:

a. the termination of the firm's legal existence.

b. the temporary suspension of the firm's business.

c. the continuation of the firm's business.

d. nothing with respect to the firm's existence

From the information given in the question, the partners decide to dissolve the firm and Olin collects and distributes the assets. Based on these reasons, this will results in the termination of the legal existence of the firm.

Once a good or service nears the end of its product life cycle, the firm recognizes that Multiple Choice it is impossible to revert to an earlier stage of the model. it can return to an earlier stage through creative marketing. it will enjoy relatively high profits. marketing dollars spent now will provide little benefit.

Answers

Answer:

it can return to an earlier stage through creative marketing.

Explanation:

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

A product that is at the decline stage is generally referred to as a failed product and wouldn't generate profit or much revenue for the manufacturer because it has little economic importance.

However, once a good or service nears the end of its product life cycle i.e it's at the decline stage, the business firm recognizes that it can return to an earlier stage where it offers satisfaction to the consumers and generate revenue, through creative marketing.

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

A rock group assigns its payment under a performance contract to the Costume Shop, a business that has supplied the group with outrageous stage outfits, and to which the group owes a great sum of money. Under this arrangement the rock group is the a. delegator. b. delegatee. c. assignee. d. assignor.

Answers

Answer:

Rock Group and Costume Shop

Under this arrangement the rock group is the

d. assignor.

Explanation:

The rock group, as the  assignor, is the entity that transfers its property rights or its powers to payment to Costume Shop.   The Costume Shop is the assignee because it is the entity to which property rights or powers to payment of the rock group are transferred.  Under the performance contract, the rock group can also be described as the delegator while the Costume Shop is the delegatee.  However, under payment terms, the rock is the assignor while the Costume Shop is the assignee.

Measuring GDP
The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2018, as published by the Bureau of Economic Analysis. All figures are in billions of dollars.
Fill in the missing cells in the table to calculate GDP using the expenditure approach
Data
(Billions of dollars)
Consumption (C) 13,948.5
Investment (I) 3,650.1
Exports (X) 2,531.3
Imports (M) 3,156.7
Net Exports of Goods and Services
Government Purchases (G) 3,520.8
Gross Domestic Product (GDP)

Answers

Answer:

$-625.4 billion

$20,494 billion

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

Net export = exports – imports

2531.3 - 3,156.7 = $-625.4 billion

GDP =  13,948.5 +  3,650.1 +  3,520.8 - $-625.4 = $20,494 billion

By the 1990s, A. Tourism was possibly the largest single global industry. B. The manufacture of computers and microchips had moved from California to China. C. Cellular telephones outnumbered landline telephones. D. Food continued to be the most important production item.

Answers

Answer:

C. Cellular telephones outnumbered landline telephones

Explanation:

The cordless or portable phones as a handset that could be used as a landline were made popular. The cellular industry was one of the fastest growing industry in the market and still maintains a strong global position.

Both Eden's company and SAS have cultures that reflect their environments. _______ theory explains this by saying that effective organizations have cultures that are correctly aligned with their external environments.

Answers

Answer: Contingent theory

Explanation:

The Contingent theory of management believes that management cannot possibly know the best way to manage the activities of a company because things could go wrong at any time.

The theory goes further to suggest that the best bet that a company has is to try to align its internet environment to its external environment. In other words, it should align its corporate culture with the culture of the environment that it is based in.

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