This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The components of Gross Domestic Product include consumption, investment, government spending and ... (Read 42 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Sep 11, 2018
The components of Gross Domestic Product include consumption, investment, government spending and imports minus exports.
 
  a. True
  b. False

Question 2

Set up a skeletal statement format to determine profit/loss percent:
   Net sales 396,480
   Gross margin 48.5
   Expenses 176,434
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Sep 11, 2018
Answer to Question 1

a Exports minus imports.

Answer to Question 2

Net sales 396,480 100.00
Cost of merchandise sold 204,187 51.50
Gross margin 192,293 48.50
Expenses 176,434 44.50
Profit  15,859 4.00


vinney12

  • Hero Member
  • *****
  • Posts: 586
Reply #2 on: Sep 11, 2018
Thank you!


Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Sep 11, 2018
Always glad to help...


« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
The most commonly used socket drive sizes include 1/4, 3/8, and 1/2 inch drives. The most commonly used socket drive sizes include 1/4, 3/8, and 1/2 inch drives.
Atmospheric properties include temperature, pressure, and humidity Atmospheric properties include temperature, pressure, and humidity
The Three Components of Energy Needs The Three Components of Energy Needs
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
To find the derivative use product rule To find the derivative use product rule
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library