Consider the following data on U. S. GDP:
YearNominal GDP (Billions of dollars)GDP Deflator (Base year 2009)
201517,947109.8
19957,66475.3
The growth rate of nominal GDP between 1995 and 2015 was , and the growth rate of the GDP deflator between 1995 and 2015 was .
Measured in 2009 prices, real GDP was billion in 1995 and billion in 2015.
The growth rate of real GDP between 1995 and 2015 was .
The growth rate of nominal GDP between 1995 and 2015 was than the growth rate of real GDP.
Answers: 2
Business, 22.06.2019 05:00
The new york stock exchange is an example of what type of stock market?
Answers: 1
Business, 22.06.2019 10:30
Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.βbased company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.
Answers: 1
Business, 22.06.2019 23:30
Mystic bottling company bottles popular beverages in the bottling department. the beverages are produced by blending concentrate with water and sugar. the concentrate is purchased from a concentrate producer. the concentrate producer sets higher prices for the more popular concentrate flavors. a simplified bottling department cost of production report separating the cost of bottling the four flavors follows:
Answers: 3
Business, 23.06.2019 02:30
On december 1, 2017, bigham corporation pays a dividend of $4.00 on each share of its common stock. vanessa and gena, two unrelated shareholders, each own 5,000 shares of the stock. vanessa has owned her stock for two years while gena purchased her stock on november 3, 2017. how does each shareholder treat the $20,000 dividend from bigham
Answers: 3
Consider the following data on U. S. GDP:
YearNominal GDP (Billions of dollars)GDP Deflator (Base y...
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