Business

Tipr

8 June, 08:21

In an economy, the value of inventories fell from $75 billion in 2006 to $63 billion in 2007. In calculating total investment for 2007, national income accountants would: A. Decrease it by $75 billionB. Increase it by $63 billionC. Decrease it by $12 billionD. Increase it by $138 billion

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “In an economy, the value of inventories fell from $75 billion in 2006 to $63 billion in 2007. In calculating total investment for 2007, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Youngstown Rubber reports the following data for its first year of operation. Direct materials used$710,000Cost of goods manufactured680,000Finished goods inventory, ending190,000Manufacturing overhead100,000Finished goods inventory, beginning0Work

A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs of $83,850 and the cost drivers for Product 1 is 322 and 240 for Product 2.

When a tenant in common dies, what happens to the tenant's interest in the estate?

Nielsen Auto Parts had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411. During the year, assets with a combined book value of $6,943 were sold. Depreciation for the year was $42,822.

1. True or False: If you stop using your credit card for purchases, you won't ever have to pay interest again.

New Questions in Business

Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $112,500 and $125,000, respectively. During the year, actual overhead was $107,400 and actual direct labor cost was $120,000.

On october 31, 2018, damon company's general ledger shows a checking account balance of $8,409. the company's cash receipts for the month total $74,400, of which $71,315 has been deposited in the bank.

In October 2010, the amount of money held by individuals and companies was $893.4 billion; checkable deposits owned by the same individuals and companies were $345.6 billion; money market funds were $1.9423 trillion; savings deposits were $989.

A monopolist that practices perfect price discrimination a. creates no deadweight loss. b. charges one group of buyers a higher price than another group, such as offering a student discount. c.

What is the best way to show a business you're interested in their job position