The likelihood of a payment occurring is probable, and the estimated amount is $1.3 million. the likelihood of a payment occurring is probable, and the amount is estimated to be in the range of $1.1 to $1.6 million. the likelihood of a payment occurring is reasonably possible, and the estimated amount is $1.3 million. the likelihood of a payment occurring is remote, while the estimated potential amount is $1.3 million.

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?

Which of the following has the largest impact on opportunity cost