User Account

All Pages

Inventory activity of company bh

Assignment Help Business Economics
Reference no: EM132310825

Company BH produces bike helmets. In the fist quarter of 2019 (2019Q1), it produced 11,000 helmets at the cost of $20 each. It sold 10,000 of those helmets at $25 each and stored the rest as inventory. In 2019Q2, the company sold the inventoried helmets at $30 each. The inventory activity of Company BH

a. added nothing to the GDP of 2019Q1 and $30,000 to the GDP of 2019Q2.

b. added $30,000 to the GDP of 2019Q1 and nothing to the GDP of 2019Q2.

c. added $20,000 to the GDP of 2019Q1 and $30,000 to the GDP of 2019Q2.

d. added $20,000 to the GDP of 2019Q1 and nothing to the GDP of 2019Q2.

e. added $20,000 to the GDP of 2019Q1 and $10,000 to the GDP of 2019Q2.

Reference no: EM132310825

Questions Cloud

What is the loss in consumer surplus : If the government enacts floor of $50 per unit, what is the loss in consumer surplus?
Absolute value of the price elasticity of demand : What is the absolute value of the price elasticity of demand.
Us bureau of labor statistics : According to the U.S. Bureau of Labor Statistics (BLS), U.S. firms added 242,000 jobs to their payroll in February 2016.
Derive the marginal revenue function for a typical firm : ECON1056 Price Theory RMIT Australia-The Minister for Finance has instructed you to determine the likely impact of the proposed merger on the market.
Inventory activity of company bh : In 2019Q2, the company sold the inventoried helmets at $30 each. The inventory activity of Company BH
Create a detailed PESTLE analysis based on the case study : BUS0001 The Structure of Business Assignment, Arden University, UK. Create a detailed PESTLE analysis based on the case study
What are the expected winnings of game : In the game of heads or tails, if two coins are tossed, you win $0.72 if you throw two heads, win $0.36 if you throw a head and a tail
Implementation of enterprise systems : Demonstrate communication skills to present a coordinated, coherent and independent exposition of knowledge and ideas in dealing with Enterprise Systems
Reduction in gasoline supply would shift the curve : If I have a demand shifting factor that impacts the equilibrium price and quantity what happens to the industry?

Reviews

Write a Review

Business Economics Questions & Answers

  Determining the prescription medications

Critically analyze the pros and cons of putting a price ceiling on prescription medicine. Make sure to use concepts from the chapter in this unit such as government intervention, inefficiencies, price elasticity, etc. in your answer.

  Explain and discuss key macro-finance ratios

Explain and discuss view that at beginning of 21st century in US, key macro-finance ratios were such that a decade of negligible real returns to stocks was in prospect. Are key financial ratios useful for forecasting returns to major asset classes..

  Understand why positive unexpected inflation is associated

What is the Phillips curve? Understand why positive unexpected inflation is associated with a negative output gap and vice-versa. Understand why combining the Phillips Curve with adaptive expectations of inflation means that Y above Y* will mean ever..

  Shape of the demand curve for the services

What is the shape of the demand curve for the services you provide? (e.g. elastic, inelastic) Explain why.

  Diminishing marginal product of the variable inputs

If all production process eventually exhibit diminishing marginal product of the variable inputs, could it be true that your friend hired a helper (doubled the labor) and more than doubled his production? Why or why not? By the way, in the long run, ..

  Series of equal semiannual cash flows

The first of a series of equal semiannual cash flows occurs on July 1, 2011, and the last occurs on January 1, 2024. Each cash flow is equal to $128,000.

  Was the contract a bilateral or a unilateral contract

Does a contract to convey real property exist between Heikkila and McLaughlin - Was the contract a bilateral or a unilateral contract

  What is amount of each payment-use the appropriate formula

If you borrowed $24,000 today and you have to pay them back in five equal payments over 10 years (one payment every 2 years). With 8% interest rate compounded annually, what is the amount of each payment? (C=?). Please do not use the chart method. Us..

  Suppose the government cuts income taxes

Suppose the government cuts income taxes. Show the IS/LM model the impact of the tax cut under two assumptions. (1) Government keeps interest rates constant through an accommodating monetary policy. (2) The money stock remains unchanged. Explain the ..

  Determine the impact of the proposed govt policy on business

Suppose you are the manager of a home-building company and the government is considering eliminating the deduct-ability of mortgage interest payments. A Typical consumer's marginal tax rate is 25% and the elasticity of demand for new homes is -1.5..

  Why might moore law come to an end soon

a. Why might Moore's Law come to an end soon? Explain based on currently technologies.

  Slow down the rate of expansion

Let's say the economy is growing too fast and the Treasury want to slow down the rate of expansion. How might it use fiscal policy to slow expansion?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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