Use the following data to answer questions 35-41:

The country of Fabrica produces and consumes textile goods. The following information tells you their production levels and prices for the only three goods they produce and consume:

• 2009:
• Towels -- Price = $12; Quantity = 120
• Shirts -- Price = $10; Quantity = 240
• Bottles of Fabric Softener -- Price = $1; Quantity = 50

• 2010:
• Towels -- Price = $20; Quantity = 150
• Shirts -- Price = $12; Quantity = 325
• Bottles of Fabric Softener -- Price = $5; Quantity = 90

What is the nominal GDP for each year?

Using 2009 as your base year, what would the real GDP be for each year?

Using 2009 as your base year, what would the GDP deflator be for each year?

Using a GDP deflator method, what would the inflation rate be?

Use the following basket for a CPI method: 12 towels, 24 shirts, and 5 bottles of fabric softener.

What is the cost of the basket for each year?

Using 2009 as your base year, what would the CPI be for each year?

Using a CPI method, what would the inflation rate be?

Prepare the journal entries to record the December 2020 transactions found down below. Remember to skip a line between each journal entry and use J1, J2, J3, etc, instead of the date.

1. On December 1, Rocky Ram, Inc. received $17,000 from Kanga Roo Inc. for partial payment of account.(First entry journalized and posted for you.)

2. On December 1, Rocky Ram, Inc. received $6,000 in advance for renting office space to Bullwinkle, Inc. for the December 1, 2020 through February 28, 2021.

3. On December 6, Rocky Ram, Inc. issued checks to Acne Corporation for $12,000, Bow & Arrow, Inc. for $8,000, and Boa Construction Inc. for $15,000 in payment on accounts.

4. On December 10, the company purchased supplies in the amount of $4,000 on account from Boa Construction Inc.(FOB Shipping Point, terms n/10, n/30), order shipped in December.

5. On December 10, Rocky Ram, Inc. received a check in the amount of $30,000 from Poodle & Co. in payment of account.

6. On December 13, Rocky Ram, Inc. made a sale in the amount of $77,000 to Poodle & Co (terms 2/10, n/30). The cost of the inventory sold was $36,000.

7. On December 17, Board of Directors declared $8,200 in dividends to be paid in January.

8. On December 20, the company paid employees $31,000 for wages earned during the period from December 1 through December 15, 2020.

9. On December 23, received full payment from Poodle & Co. for sale made December 13(J6), within the discount period.

10. On December 23, Rocky Ram, Inc. made a sale in the amount of $90,000 to Bulldog Inc. (terms 2/10, n/30). The cost of the inventory sold was $28,000.

11. On December 28, Bulldog Inc. returned goods purchased on December 25, in the amount of $14,000. The cost of inventory was $9,000.

12. On December 28, Rocky Ram, Inc. ordered inventory from Bow & Arrow, Inc. in the amount of $50,000 (FOB Destination, terms 2/10, n/30), inventory is expected to arrive sometime in January.

13. On December 31, the company purchased office equipment costing $60,000. They paid $15,000 down on the equipment and signed a promissory note for the remaining balance. The note is due March 31, 2021.

14. On December 31, Rocky Ram, Inc. paid utility bills totaling $2,020 for utilities used during the month of December.

1. In March 2020, Ana buys a house worth $440,000 in Florida. She puts 5% down and takes out a mortgage loan for the rest of the balance. In May 2020, Ana decides to add John to the deed of the house as joint owner. John gives Ana $18,000 to help her recoup some of the costs of the purchase and agrees to pay half of the mortgage, but, is not placed on the mortgage loan.

For this question, assume that both John and Ana live in and are residents of Florida, and are not married. In addition, John and Ana have no relation to each other except that they are boyfriend and girlfriend and have not lived together before, nor do they have any children together. After the transaction is effected, they plan to live together in the house purchased by Ana. However, there are no immediate plans to get married.

Explain the tax implications of this transaction.

Please provide as much information as possible to help me determine the reason behind your answer and so that I may give you partial credit. Some questions to consider:

1. Is there a gift tax associated with this transaction?
2. Who pays the gift tax?
3. What other tax consequences are there to consider (deed transfer tax, title transfer exemptions, shared property tax responsibilities, etc.)?
4. Does the mortgage impact the amount of the gift?
5. If there are tax implications, when are they required to pay them (i.e., deed transfer tax, gift tax, real property taxes, etc.)?

2. Same as above, except John was not providing Ana $18,000. However, he did agree to pay half the mortgage with her. Does this change anything?

1. In March 2020, Ana buys a house worth $440,000 in Florida. She puts 5% down and takes out a mortgage loan for the rest of the balance. In May 2020, Ana decides to add John to the deed of the house as joint owner. John gives Ana $18,000 to help her recoup some of the costs of the purchase and agrees to pay half of the mortgage, but, is not placed on the mortgage loan.

For this question, assume that both John and Ana live in and are residents of Florida, and are not married. In addition, John and Ana have no relation to each other except that they are boyfriend and girlfriend and have not lived together before, nor do they have any children together. After the transaction is effected, they plan to live together in the house purchased by Ana. However, there are no immediate plans to get married.

Explain the tax implications of this transaction.

Please provide as much information as possible to help me determine the reason behind your answer and so that I may give you partial credit. Some questions to consider:

1. Is there a gift tax associated with this transaction?
2. Who pays the gift tax?
3. What other tax consequences are there to consider (deed transfer tax, title transfer exemptions, shared property tax responsibilities, etc.)?
4. Does the mortgage impact the amount of the gift?
5. If there are tax implications, when are they required to pay them (i.e., deed transfer tax, gift tax, real property taxes, etc.)?
6. Same as above, except John was not providing Ana $18,000. However, he did agree to pay half the mortgage with her. Does this change anything?

Geometric Dimensionig and Tolerancing

1. Professions (desiner, manufacturing engineer, machinist, machine programmer, inspector, tool designer) and trades, that how affected by dimentions?

2. How to reduces cost? by design through teamwork (inspector, machinist, engineer)

A closed-end fund starts the year with a NAV of $12.55. By year-end, NAV equals $11.36. At the beginning of the year, the fund was selling at a 5% discount to NAV. By the end of the year, the fund is selling at a 1% premium to NAV. The fund paid year-end distributions of income and capital gains of $1.21. What is the rate of return to an investor in the fund during the year?

Round your answer to 4 decimal places. For example, if your answer is 3.205%, then please write down 0.0321.

Each question must be accompanied by a graph, labeled properly. Each answer (up, down, no change) should be accompanied by a one line explanation.

For a small open economy where the world interest rate is below the rate that would prevail if it were closed (equilibrium) predict the effect of an increase in G on the following variables:

a) Real Interest rate b) Desired Saving c) Desired Investment d) NX e) Does the country start out with a trade deficit or surplus? (before any shift)

Each question must be accompanied by a graph, labeled properly. Each answer (up, down, no change) should be accompanied by a one line explanation.

For a small open economy where the world interest rate is above the rate that would prevail if it were closed (equilibrium) predict the effect of an increase in G on the following variables:

1. a) Real Interest rate

2. b) Desired Saving

3. c) Desired Investment

4. d) NX

5. e) Does the country start out with a trade deficit or surplus? (before any shift)

1) Calculate the value of the ending inventory

2) Calculate and show the schedule for cost of goods sold

3) Calculate and show the schedule for gross profit

4) Calculate and show the gross profit percentage

USE    FIFO / LIFO / WEIGHTED AVERAGE FOR ALL:

Beginning Inv: 10,000 @ $20/unit

Purchased: 30,000 @ $25/unit

Purchased: 15,000 @ $30/unit

Sold: 44,000 @ $50/unit

just looking to get started! student center at school closed down