Explain the income approach

Assignment Help Accounting Basics
Reference no: EM131581990

Question: In which line (or lines) of Table (the income approach) would the value of each of the following be counted? If it is part of "net income flows from the rest of the world," explain whether it reflects domestic (or foreign) production and whether it reflects domestic (or foreign) income. "Not counted in any category" is also an option.

a. Wages paid by your local supermarket to its employees

b. Profits received by a U.S. electronics firm from its factory in Mexico

c. Business spending to replace worn-out equipment

d. Wages paid by a U.S. electronics firm to the employees of its factory in Mexico

e. Profits received by a Japanese automaker from its factory in the United States

1235_14.png

Reference no: EM131581990

Questions Cloud

Determine the main potential ethical dilemmas : From the case study, determine the main potential ethical dilemmas. Next, use the seven (7) steps in the ethical decision-making framework
Simplify the given expression : simplify the given expression - 102x - 18*10x + 80 = 0
Define standard probation for juvenile offenders : Define standard probation for juvenile offenders. What are some of its characteristics. What are of the conditions of standard probation
What hume means when he says that any idea in our mind : Explain what Hume means when he says that any IDEA in our mind must first come from our senses (IMPRESSIONS).
Explain the income approach : In which line (or lines) of Table (the income approach) would the value of each of the following be counted?
Core competencies of olive garden italian restaurant : Analyze the primary resources, capabilities and core competencies of Olive Garden Italian Restaurant.
What other factors should marvin and his team consider : Does he have the right expertise and man-power to execute this project in a profitable manner, bearing in mind that this is at least a 10-year project.
What is the philosophy of incarceration for drug offenders : What is the philosophy of incarceration for drug offenders and What is the DEAs position of the use of Marijuana
Emphasizing the violation of the companys code of conduct : Write a 1-page memo in which you address the situation, emphasizing the violation of the company's code of conduct.

Reviews

Write a Review

Accounting Basics Questions & Answers

  High demand for its automobile repainting service

The Newcoat Painting Company has for some time been experiencing high demand for its automobile repainting service. Because it has had to turn away business, management is concerned that the limited space available to store cars awaiting painting ..

  Investment expected return and its standard deviation

(Expected rate of return and risk) Carter Inc. is evaluating a security. One-year Treasury bills are currently paying 9.1 percent. Calculate the investment's expected return and its standard deviation. Should Carter invest in this security?

  Give a statement reconciling the profit or loss on the cases

A company makes a charge to its customers for cases in which its product is delivered; if they are returned in good condition within three months a refund.

  Fair market value of the stock

If a stockholder receives a dividend that reduces retained earnings by the fair market value of the stock, the stockholder has received a

  What information does the cash flow statement provide that

what information does the cash flow statement provide that you cannot see in the other financial statements income

  Explain which areas of humanities should be emphasized why

How can an individual sustain and grow a healthy and useful culture in the areas of music, literature, art, theater, education, or religion? Which area(s) of the humanities should be emphasized? Why?

  In flagg company net income is 280000 if accounts

in flagg company net income is 280000. if accounts receivable increased 145000 and accounts payable decreased 50000 net

  Estimating the annual overhead costs

At the beginning of the year, Monroe Company estimates annual overhead costs to be $800,000 and that 200,000 machine hours will be operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for ..

  Prepare the two adjusting entries

The Freemont Flyers, a professional soccer team, prepares financial statements on a monthly basis. Prepare the two adjusting entries required on May 31

  Sophia and jacob are married and file a joint return the

1. sophia and jacob are married and file a joint return. the return for 2012 included a form 2106 for each of them. the

  Pay annual payments problem

The lease also specified that, along with the last payment, Grommit could purchase the asset for $8,000 cash. Under this lease agreement, Grommit will be required to pay annual payments of:

  Determine the annual break-even point

Determine the annual break-even point, in number of haircuts. Support your answer with an appropriate explanation. Show calculations to support your answer.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd