Assume 3 companies have the financial information given below and that all costs are given. Revenues...
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Assume 3 companies have the financial information given below and that all costs are given. Revenues Employee Compensation Rents Intermediate Good Costs Profits The BBQ Hut The Teriyaki Hut The Veggie Hut $5 million $3 million $500,000 $1 million $500,000 $6 million $4 million $800,000 $900,000 $300,000 $40,000 $30,000 $4,000 $15,000 $ - 9,000 Using the resource cost-income approach, what is the contribution of these 3 companies toward GDP? Show your work. Assume 3 companies have the financial information given below and that all costs are given. Revenues Employee Compensation Rents Intermediate Good Costs Profits The BBQ Hut The Teriyaki Hut The Veggie Hut $5 million $3 million $500,000 $1 million $500,000 $6 million $4 million $800,000 $900,000 $300,000 $40,000 $30,000 $4,000 $15,000 $ - 9,000 Using the resource cost-income approach, what is the contribution of these 3 companies toward GDP? Show your work.
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To calculate the contribution of these 3 companies toward GDP we need to use the valueadded a... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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