Business, 19.01.2021 19:20 iamsecond235p318rq

Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2020. Scenario 2020 GDP Included 2020 GDP Excluded
1. Calculo, a U. S. electronics company, produces a calculator at a plant in Indonesia on March 27, 2015. Calculo imports the calculator into the United States on May 18, 2020.
2. Rotato, a U. S. tire company, produces a set of tires at a plant in Michigan on September 25, 2020. It sells the set of tires to Speedmaster for use in the production of a two-door coupe that will be made in the United States in 2020. (Note: Focus exclusively on whether the production of the set of tires increases GDP directly, and ignore the effect of the production of the two-door coupe on GDP.)
3. An accountant starts a client's 2020 tax return on April 14, 2021, finishing it just before midnight on April 15, 2021.
4. Fastlane, a Japanese automobile company, produces a sedan at a plant in Indiana on December 9, 2020. A family buys the sedan on December 24.
5. Awake Cafe, a U. S. coffee company, produces a latte at its location in Minneapolis on January 14, 2020. It sells the latte to a customer immediately.

Answers: 1

Show answers

Answers

Answer from: jayleneeeee

1. Excluded from the US 2020 GDP

2. Included in the US 2020 GDP

3. Excluded from the US 2020 GDP

4. Included in the US 2020 GDP

5. Included in the US 2020 GDP

Explanation:

Note: See the attached excel file for the indication of the scenarios that will be included and excluded.

Gross Domestic Product (GDP) can be described the monetary value of all finished goods and services produced within a country, whether or not the producers are citizens of the country, during a particular period, e.g. a year from January 1 to December 31 of the year. .

Based on this definition, we have:

1. Calculo, a U.S. electronics company, produces a calculator at a plant in Indonesia on March 27, 2015. Calculo imports the calculator into the United States on May 18, 2020.

This will be excluded because the production of the calculator was carried out in 2015, not in 2020, and outside the US despite a US company is the producer.

2. Rotato, a U.S. tire company, produces a set of tires at a plant in Michigan on September 25, 2020. It sells the set of tires to Speedmaster for use in the production of a two-door coupe that will be made in the United States in 2020. (Note: Focus exclusively on whether the production of the set of tires increases GDP directly, and ignore the effect of the production of the two-door coupe on GDP.)

This will be included because the set tire was produced in 2020 by a US company within the US.

3. An accountant starts a client's 2020 tax return on April 14, 2021, finishing it just before midnight on April 15, 2021.

This will be excluded because the tax return service was carried in 2021 , not in 2020, despite that it was by a US citizen within the US.

4. Fastlane, a Japanese automobile company, produces a sedan at a plant in Indiana on December 9, 2020. A family buys the sedan on December 24.

This will be included because the production of the Sedan was carried out within the US in 2020 even though it was produced by a foreign company.

5. Awake Cafe, a U.S. coffee company, produces a latte at its location in Minneapolis on January 14, 2020. It sells the latte to a customer immediately.

This will be included because the latte was produced in 2020 by a US company within the US.

Answer from: Quest

explanation:

i know

Answer from: Quest

Your answer is c premium and ur welcome

Another question on Business

Business, 21.06.2019 20:30

Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.

Answers: 1

Answer

Business, 22.06.2019 02:00

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

Answers: 3

Answer

Business, 22.06.2019 03:30

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

Answers: 2

Answer

Business, 22.06.2019 10:20

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Answers: 1

Answer

You know the right answer?

Based on this definition, indicate which of the following transactions will be included in (that is,...

Questions