Huhhhhhhhh??????????¿¿¿????¿¿???
Answer:
36.84 years and 31.82 years
Explanation:
In this question ,we applied the rule no 70 which means we get to know the estimated number of years for doubling the real GDP
In the first case, the estimated number of years
= 70 ÷ average annual growth rate
= 70 ÷ 1.9%
= 36.84 years
In the second case, the estimated number of years
= 70 ÷ average annual growth rate
= 70 ÷ 2.2%
= 31.82 years
Hot countries so they will be warm
Answer:
Country A to specialize in growing corn while country B specializes in making cars
Answer:
The answer is: Gross profit = $2,788
Explanation:
- Feb. 1 Purchase 110 units $46 per unit
- March 14 Purchase 190 units $48 per unit
- May 1 Purchase 135 units $ 50 per unit
312 units were sold at $64 per unit, tax rate is 30%
Using FIFO, what is the company's gross profit? We first calculate COGS
Cost of goods sold - 312 units:
- 110 units at $46 per unit = $5,060
- 190 units at $48 per unit = $9,120
- 60 units at $50 per unit = $3,000
Total COGS = $17,180
<u>Income statement for Hogan Industries 2017</u>
Total revenue $19,968
<u>COGS ($17,180) </u>
Gross profit $2,788
<u>Taxes 30% ($836.40) </u>
Net profit $1,951.60