Solution: 201
Working:
GDP | 200 |
Minus: Depreciation | -6 |
Net Domestic Product ( NDP) | 194 |
Less: Income earned by rest of the world | -5 |
Less: Indirect tax | -10 |
Add: Income earned from rest of the world | 9 |
National income | 188 |
Add: Transfer payments | 55 |
Less: Corporate income taxes | -12 |
Social insurance | -30 |
Personal income | 201 |
Table 23-1 Question z Not yet answered Marked out of 1.00 The table below contains data...
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Question 28 Not yet answered Marked out of 3.00 Flag question Question text Selected data from Kamal Company's financial statements is as follows: In $000's 2017 2016 Current liabilities $ 5,130 $ 5,202 Long-term debt 1,419 1,322 Stockholders' equity 12,632 11,166 Interest and principal payments 300 400 Net income 2,430 2,280 Interest expense 196 172 Income taxes 1,837 1,524 Dividends paid 750 750 Kamal Company's debt-to-equity ratio for 2017 is Select one: A. increasing slightly from 2016 to 2017. B....
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