<span>The GDP per capita calculates what theoretically would be the </span><span>share of every individual in the country if the GDP was destributed equally. The economy of course is very different in reality where everyone ends up with a different portion depending on a lot of other factors.
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The answer to this question is true
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Specific Identification is the accounting record of the transactions of the proposal, that is, an inventory method that tracks which item is actually sold and debits.
<h3>What is specific identification?</h3>
It is an accounting record between income and expenses, used to keep track of identifiable and cost-specific inventory items.
This method gives managers or members of an entity a greater possibility of manipulating profits by identifying units in ending inventory as coming from specific purchases.
Therefore, we can conclude that the specific identification method is to track the cost of each item or category of products in the inventory.
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Answer: Net Asset Value = 1950
Explanation:
Assets = $225 million
Liabilities = $30 million
Shares outstanding = 10 million
We can compute the Net Asset Value, using the following formula:
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<em>NAV per share = 19.5</em>
<em>Therefore, the NAV of 100 share is 1950</em>
Answer:
- Financial institutions, such as investment banks, provide expertise in the acquisition of funds.
- The investment banking institution will allow the Gaga Enterprises CFO to raise more money at a lower cost per dollar raised
Explanation:
In the given scenario we want to compare help in raising capital using a financial institution versus raising it directly in the financial markets.
When raising capital using financial markets it is more expensive because the company will need to give out ownership rights in the company when they sell shares.
However when financial institutions provide the capital, there is a lower cost per dollar raised compared to sale of shares.
Also financial institutions act as financial advisors to their clients. So they will provide expertise in the acquisition of funds.