A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Answer:
Firewall.
Explanation:
Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.
A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.
Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.
Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.
Answer:
Firewall.
Explanation:
Hope this helps
If the marginal propensity to save is 0.5; taxes are increased by $500,000; and government spending is increased by $500,000, what is the change in income
The change in income as a result of the tax increase and government spending increase is $1,500,000.
Now, let's look at the scenario provided.
Taxes are increased by $500,000, which means that individuals and businesses will have $500,000 less to spend and save.
This will result in a decrease in overall spending and saving in the economy.
However, the government has also increased its spending by $500,000.
This means that there is an injection of $500,000 into the economy, which will increase overall spending and income.
To determine the overall change in income, we need to use the formula for the spending multiplier, which is 1/(1-MPC) where MPC is the marginal propensity to consume.
The MPC is simply 1 - MPS, which in this case is 0.5. So, the MPC is 0.5 and the spending multiplier is 1/(1-0.5) = 2.
Now, we can calculate the overall change in income as follows:
- The initial change in spending is $500,000 (from the government spending increase)
- This increase in spending will result in a total increase in spending of $500,000 x 2 (the spending multiplier) = $1,000,000
- However, the increase in taxes will decrease spending by $500,000 x 0.5 (the MPS) = $250,000
- Therefore, the overall change in spending is $1,000,000 - $250,000 = $750,000
- Since the spending multiplier tells us that a $1 increase in spending results in a $2 increase in income, we can calculate the overall change in income as $750,000 x 2 = $1,500,000
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How can reviewing your personality assessments, values, and other personal information help you create an academic or career plan?
A. it helps make the goal setting more fun
B. to help you avoid boring milestones
C. to help you align your career choices and goals with your interests and needs
D. it helps you make your academic and career plans more performance-based
Reviewing your personality ratings, values, and other personal information can help you build an academic (college) or career plan by:
Helping you align your career choices and goals with your interests and needs (Option C)
What is a Plan?A plan is a program or method prepared in advance, a project or goal, or a blueprint or design for something. Planning means thinking about how to achieve your goals. An orderly or progressive design or proposal to achieve a goal.
it can also mean a series of decisions about how to do something in the future; think and decide what to do or how to do something:
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5. The price of a laptop computer dropped from $1,800 to $1,200. What was the percent of
decrease?
a. 30%
b. 1/3
c. 33.33%
d. 333
Answer:
c. 33.33%
Explanation:
The original price was $1,800
The price dropped to $1,200
the drop in price was $1,800 - $1200 = $600
The percentage drop will be $600/$1800 x 100
=0.33333 x 100
=33.33%
9.3 From the following trial balance of G Still, draw up a trading and profit and loss account for the year ended 30 September 20X9, and a balance sheet as at that date. Stock 1 October 20X8 Carriage outwards Carriage inwards Returns inwards Returns outwards Purchases Sales Salaries and wages Warehouse rent Insurance Motor expenses Office expenses Lighting and heating expenses General expenses Premises Motor vehicles Fixtures and fittings Debtors Creditors Cash at bank Drawings Capital Stock at 30 September 20X9 was £44,780. Dr £ 41,600 2,100 3,700 1,540 188,430 61,400 3,700 1,356 1,910 412 894 245 92,000 13,400 1,900 42,560 5,106 22,000 484,253 Cr £ 3,410 380,400 31,600 68,843 484,253
The trading and profit and loss account shows a loss of £221,227 for the year ended 30 September 20X9. The balance sheet indicates that the company has net assets of £81,556, which is equal to the capital invested by the owner.
Trading and Profit and Loss Account for the year ended 30 September 20X9:
Revenue:
Sales: £61,400
Less: Cost of Goods Sold:
Opening Stock: £41,600
Purchases: £188,430
Carriage Inwards: £2,100
Less: Returns Outwards: £1,540
Carriage Outwards: £3,700
Closing Stock: £44,780
Cost of Goods Sold: (£41,600 + £188,430 + £2,100 - £1,540 - £3,700 - £44,780) = £182,110
Gross Profit: (Sales - Cost of Goods Sold) = (£61,400 - £182,110) = -£120,710 (Loss)
Operating Expenses:
Salaries and Wages: £3,700
Warehouse Rent: £1,356
Insurance: £1,910
Motor Expenses: £412
Office Expenses: £894
Lighting and Heating Expenses: £245
General Expenses: £92,000
Total Operating Expenses: (£3,700 + £1,356 + £1,910 + £412 + £894 + £245 + £92,000) = £100,517
Net Profit before Interest and Taxes: (Gross Profit - Total Operating Expenses) = (-£120,710 - £100,517) = -£221,227 (Loss)
Balance Sheet as at 30 September 20X9:
Assets:
Premises: £13,400
Motor Vehicles: £1,900
Fixtures and Fittings: £42,560
Debtors: £5,106
Cash at Bank: £22,000
Total Assets: (£13,400 + £1,900 + £42,560 + £5,106 + £22,000) = £84,966
Liabilities:
Creditors: £3,410
Net Assets: (Total Assets - Creditors) = (£84,966 - £3,410) = £81,556
Capital: £81,556
The trading and profit and loss account shows a loss of £221,227 for the year ended 30 September 20X9. The balance sheet indicates that the company has net assets of £81,556, which is equal to the capital invested by the owner.
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A 30-year maturity bond making annual coupon payments with a coupon rate of 12% has (Macauley) duration of 11.54 years and convexity of 192.4. The bond currently sells at a yield to maturity of 8%. a) Find the price of the bond if ytm falls to 7% (use financial calculator or spreadsheet).
The price of the bond if the yield to maturity falls to 7%, based on the period and amount will be $1,620.45.
What is the price of the bond at 7%?We shall assume that the bond has a face value of $1,000.
The coupon is:
= 12% x 1,000
= $120
The price is:
= (Coupon x Present value interest factor of annuity, 30 years, 7%) + Face value of bond / ( 1 + rate) ^ number of periods
= (120 x 12.409) + (1,000 / (1 + 7%)³⁰)
= $1,620.45
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
According to the video, which employer hires most career Firefighters?
city and country fire departments
chemical and manufacturing plants
airports
agencies that fight forest fires
The first choice, which refers to both city and rural fire departments, is correct.
What do firefighters contribute to society?A firefighter is a first officer on the scene and rescuer who has received extensive training in firefighting. Their main duty is to put out dangerous fires that endanger men's careers, their property, and the environment.They may also be required to protect the life of livestock in specific circumstances or jurisdictions.. A female firefighter is less commonly referred to as a firewoman than a male firefighter.
One of the three basic emergency responders is the fire service, typically known as the fire dept or fire department in multiple countries. There are now firefighters everywhere in the world, both on ships and in cities..
Throughout a firefighter's career, the skills necessary for safe operations are routinely practised throughout training evaluations. Introductory firefighting techniques are typically taught in fire academies or training programmes that have received municipal, regional, or state approval. Further knowledge and credentials in fields like technical rescue and pre-hospital medicine may also be obtained at this time, depending on the demands of a department.
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Answer:
city and country fire departments
"XYZZ ADR represents 10% of the value of an XYZZ ordinary share. The ordinary shares trade on the London Stock Exchange, where the current price is 400 British Pounds (BP). The current exchange rate for the British Pound against the U.S. Dollar is $1.40. The ordinary share pays an annualized dividend of 12 BP, with payment made semi-annually. The XYZZ ADR is listed on the NYSE. If a customer places an order to buy $560,000 of the ADR on the NYSE, how much will the customer receive in each dividend payment?"
Answer:
$8,400
Explanation:
XYZZ ADR = 10% XYZZ ordinary share
Current price of ordinary shares trade = 400 British pounds
Pounds rate against the dollar = $1.40
Annualized Dividend pay = 12 pounds paid semianually
Dividend to be received on the purchase of $560,000 worth of ADR
Therefore ;
To calculate worth of XYZZ ADR
Dollar value of £400
400 * 1.4 = $560
10% of $560 = 10* 560 = $56 per ADR
Therefore, semiannual Dividend payed :
£12 / 2 = £6 every 6 months ; which is equivalent to (£6 * 10%) = £0.6 per ADR
Equivalent dollar value :
0.6 * $1.4 = $0.84 per ADR
AMOUNT OF ORDER TO BE PLACED / price per ADR
$560,000 / $56 = 10,000 shares
Dollar value of Dividend payed per share = $0.84
Dividend customer will receive :
10,000 * $0.84 = $8,400
If an american-based firm opens and operates a new clothing factory in honduras, then it is engaging in:.
4. Determine the importance of environment conservation from the business viewpoint
Answer:
Economic expansion is not what is causing the climate crisis; rather, the lack of effective public policy meant to lower greenhouse gas emissions is to blame. As long as regulations are in place to limit the environmental effects of the goods and services we produce and use, there is no conflict between capitalism and environmental protection. With those regulations in place, consideration for environmental sustainability can and will be factored into every decision made by the private, nonprofit, and governmental organizations from which we all benefit.
The sustainability of the environment is not affected in the same way by all consumption patterns. The emergence of more sustainable lifestyles can be seen in consumption trends. Young Americans, for instance, don't seem as interested in buying cars as their parents and older siblings did. The advancement of the mobile phone has made ride-sharing, bike-sharing, and other transit options possible.
However, taking an Uber or driving your own car are both considered economic activities for the purposes of calculating GDP. These consumption patterns are typically not the subject of policymaking because they are quite influenced by shifting social norms than by governmental action. The only exceptions might be behavior that directly harms other people, like drinking and driving or smoking in public. New technologies can also lessen the impact of consumption on the environment.
Ironically, some environmentalists and some deniers of global warming share the view that environmental protection and economic growth must be compromised. Both can and must be done. Because most people in the developed world enjoy their way of life and won't give it up, we cannot stop investing in economic development. Environmental advocates will fail politically if they make such a request.
Explanation:
Political and business leaders may not care if economic growth harms the environment, and environmentalists may disagree, contending that neither economic growth nor environmental harm can coexist.
Even by itself, environmental protection promotes economic expansion. The air pollution control technologies we install on power plants and automobiles are made and sold by a third party. Additionally, environmental amenities are valuable.
the negative impact of the coronavirus as one of the socio- economic issues on businesses
Answer: reducuced workforce across all economic sectors and caused many jobs to be lost.
Explanation:
Explain the benefits and drawbacks of stock long-term and short-term investment strategies
A benefit of short term stock investment is that they are liquid.
A drawback of a short term stock investment is that the returns earned is lower.
A benefit of long term stock investment is that the return is higher
A drawback of a long term stock investment is that are illiquid.
What are short terms and long term stock investments?A stock investment is when an investor buys the stock of a public company. A shareholder is paid dividends. The dividends paid is not paid regularly. Dividends are paid when the net income is in excess and there are no positive investment options for the company.
A short term investment is an investment that is held by the investor for less than 3 years. Short term investments are usually very liquid. This makes the investment easy to sell. Due to the short term of the investments, the returns earned would be low.
A long term investment is an investment that is held for periods greater than 3 years. A long term investment is illiquid. This means that is cannot be easily be sold. Investors are compensated for this illiquidity and thus earn an illiquidity premium. The illiquidity premium increases the return of the long term investment.
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A couple is required by their lender to have a down payment of 20% of the purchase price of the home they want to buy. If the couple has saved $35,000, what is the most expensive home the couple can afford to buy? a. $63,000 b. $140,000 c. $175,000 d. $210,000 Please select the best answer from the choices provided A B C D.
The most expensive home the couple can afford to buy a home is $175,000 having a down payment of 20%.
The computation of the total amount of expenses for homeGiven,
The percentage of the down payment from the complete amount of purchase is 20%.
The total amount of saving by the couple is $35,000.
For calculating the maximum amount for buying the most expensive home the total amount of saving is assumed to be equal to the percentage of down payment.
Thus, if $35,000 is equal to 20% of the total amount then what will be the total amount?
This is computed as follows:
\(\begin{aligned}\text{Amount}&=\dfrac{\text{Total Savings}}{\text{\% of Down Payment}}\times100\\&=\dfrac{\$35,000}{20}\times100\\&=\$175,000\end{aligned}\)
Therefore, the maximum amount that can be afforded by the couple to buy the most expensive home is $175,000.
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Answer:
Answer is C $175,000 i believe could be wrong
Explanation:
An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
The job specification states "knowledge of Spanish is a plus." You are comfortable speaking Spanish but are not confident of your ability to read or write in the language. Which of the following would provide the best assessment of your abilities without being misleading?
a.Near-native fluency in Spanish
b.Understand some Spanish
c.Able to converse in Spanish
Option c. "Able to converse in Spanish" would provide the best assessment of your abilities without being misleading.
Why is it?
This statement accurately represents your ability to speak and hold a conversation in Spanish, without implying that you have proficiency in reading and writing.
The job specification mentions that knowledge of Spanish is a plus, which suggests that being able to speak the language would be beneficial but not necessarily a requirement.
Therefore, it is important to provide an honest and accurate assessment of your abilities, which can help the employer make an informed decision about your candidacy.
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pls help!!!!
answer the following questions using complete sentences. Each answer should contain 3–5 sentences.
What do you think is the most important event in the history of the internet? What event has had the biggest impact on your daily life?
What is your prediction for the future of the internet in the next 20 years?
the process of moving goods from the manufacturer into the hands of the consumers is generally referred to as
The process that entails how the goods from manufacturer get down to the consumer is distribution channel.
Distribution channel can be regarded as the methods that is been utilized by firm so that they can deliver their products or services to the end consumer. This method involves network of intermediary businesses.Theses intermediary are as follows, The manufacturers produce the goods moved to the wholesalers , then the wholesaler deliver to retailers.Therefore, Distribution channel is necessary in business for the goods to reach final consumer.
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Violet and Lilly are hosting a grand opening for their local bakery shop. What is the best research strategy for them to determine what baked goods to keep in stock the most?
A) Conduct a survey through a radio ad
B) Interview customers as they enter the shop
C) Post photos of the event on social media
D) Talk with grocery store managers
The best research strategy for Violet and Lilly to determine what baked goods to keep in stock the most is interview customers as they enter the shop. (Option B).
What is Research Strategy?A Research Strategy is a step-by-step action plan that directs your thoughts and efforts, allowing you to do research in a methodical and timely manner, resulting in good results and detailed reporting. The research strategy determines the overall direction of the inquiry.
The three most commonly used research methodologies are quantitative, qualitative, and mixed methods. The researcher anticipates the type of data needed to address the study question.
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Jorge's soccer team is having its annual fundraiser. The team hopes to earn at least three times as much as it did last year. Last year the team earned $87. What is the team's goal for this year?
Answer:
131usd is the aswer
Explanation:
87*3=131usd
Information:
GPI = $2,100,000 with a growth rate per year of 1.3%
V&C = 6.5% of GPI and Operating Expenses = 12% of GPI
Loan terms are: 3.6%, 25 years (monthly compounding), LTV=90%
Appreciation Rate = 1.3% per year and the holding-period is 2 years
IRR to the developer is 25%
(1) Calculate the WACC:
(2) Calculate the Present Value of NOI: N=2
(3) Calculate the Present Value of the Reversion n=2
(4) Appraised Value
The Weighted Average Cost of Capital (WACC) is calculated using the given information on loan terms, interest rates, and the developer's Internal Rate of Return (IRR). The Present Value of Net Operating Income (NOI) is determined by discounting the projected NOI for the holding period.
To calculate the WACC, we consider the cost of equity and the cost of debt. Given the developer's IRR of 25% and the loan terms of 3.6% with a Loan-to-Value (LTV) ratio of 90%, we can use the formula: WACC = (Equity / Total Value) * Cost of Equity + (Debt / Total Value) * Cost of Debt. The Cost of Equity is the developer's IRR of 25%, and the Cost of Debt is the loan interest rate of 3.6%. The Present Value of NOI is calculated by discounting the projected NOI for the holding period using the formula: PV(NOI) = NOI / (1 + WACC)^n, where NOI is the Net Operating Income and n is the number of years.
The Present Value of the Reversion is determined by discounting the expected future value of the property at the end of the holding period. This is calculated using the formula: PV(Reversion) = Reversion / (1 + WACC)^n, where Reversion is the projected future value of the property and n is the number of years. The Appraised Value of the property can be estimated by adding the Present Value of NOI and the Present Value of the Reversion. By performing these calculations, we can determine the WACC, the Present Value of NOI and the Present Value of the Reversion, and subsequently estimate the Appraised Value of the property.
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5. Paulie Mateja purchased a digital camera for $699.99. The store charged 4.65% sales tax. What was the camera's total pur- chase price? A $703.64 B $732.54 C $753.64 D $767.54
Answer:
B : 732.54
Explanation:
1. 4.65% over 100% times with 699.99 = 32.55
2. plus 32.55 with 699.99
Keeping in mind that either kate or hubert must take time off from work to shear the llamas, who has the lowest opportunity cost of completing the task?
Opportunity cost is the cost of forgoing the next best alternative when making a decision. In this scenario, the opportunity cost for each person would depend on their respective alternatives and the value they place on those alternatives.
Since we don't have information about the specific alternatives for Kate and Hubert, it's challenging to determine who has the lowest opportunity cost of shearing the llamas. The person with the lowest opportunity cost would be the one whose next best alternative is of lesser value compared to the other person's next best alternative.
For example, if Kate's next best alternative is taking a day off to go on vacation, and Hubert's next best alternative is just staying home, then Kate's opportunity cost of shearing the llamas would likely be higher, as she would be giving up a vacation. Conversely, if Kate's next best alternative is staying home to do house chores, and Hubert's next best alternative is attending an important business meeting, then Hubert's opportunity cost of shearing the llamas would likely be higher.
In summary, without additional information about their specific alternatives and preferences, it's not possible to determine who has the lowest opportunity cost of completing the task.
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Below is the production possibility schedule for an economy.
Max. Annual output options Quantity of potatoes (pounds) Quantity of fish (pounds)
A 1000 0
B 800 300
C 600 500
D 400 600
E 200 650
F 0 675
Is it possible to produce 500 lbs fish and 800 lbs potatoes? Why or why not? Explain. (2 marks) What is the opportunity cost of increasing the annual output of potatoes from 600 to 800 lbs? (1 mark) What is the opportunity cost of increasing the annual output of potatoes from 200 to 400 lbs? (1 mark) Suppose the economy is producing 800 lbs of potatoes & 300 lbs of fish. What is the opportunity cost of producing 350 lbs of more fish? (1 mark) Is the combination 600 lbs potatoes & 400 lbs fish efficient? Why or why not? Explain your answer. (2 marks)
Answer:
As per the production possibility schedule for an economy. The answers for the questions are as follows:
Explanation:
1) It is not possible to produce 500 lbs of fish and 800 lbs of potatoes. According to the production possibility schedule provided, the maximum annual output for fish at any given level of potato production is 675 lbs (option F). Therefore, it is not within the production possibilities of the economy to simultaneously produce 500 lbs of fish and 800 lbs of potatoes.
2) The opportunity cost of increasing the annual output of potatoes from 600 lbs to 800 lbs can be calculated by examining the change in fish production. Moving from option C (600 lbs of potatoes, 500 lbs of fish) to option B (800 lbs of potatoes, 300 lbs of fish), the opportunity cost is a reduction in fish production of 200 lbs.
3) The opportunity cost of increasing the annual output of potatoes from 200 lbs to 400 lbs can be determined by analyzing the change in fish production. Transitioning from option E (200 lbs of potatoes, 650 lbs of fish) to option D (400 lbs of potatoes, 600 lbs of fish), the opportunity cost is a decrease in fish production of 50 lbs.
4) If the economy is producing 800 lbs of potatoes and 300 lbs of fish, and there is an increase of 350 lbs in fish production, the opportunity cost can be calculated by examining the change in potato production. The transition from option B (800 lbs of potatoes, 300 lbs of fish) to option C (600 lbs of potatoes, 500 lbs of fish) results in a reduction of potato production by 200 lbs. Therefore, the opportunity cost of producing 350 lbs more fish is a decrease in potato production by 200 lbs.
5) The combination of 600 lbs of potatoes and 400 lbs of fish is not efficient. Efficiency in this context means utilizing resources in a way that maximizes output. Looking at the production possibility schedule, option B (800 lbs of potatoes, 300 lbs of fish) demonstrates a higher output for both potatoes and fish compared to the combination of 600 lbs of potatoes and 400 lbs of fish. Therefore, production possibility schedule for an economy.
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When is a business most likely to hire a specialist?
Responses
during the planning and opening phase
before it seeks out venture capital
just as it is planning for expansion
after it has grown to a considerable size
User experience is essential since it helps to satisfy user needs. It aims to provide pleasurable experiences that keep customers loyal to the product or service. A meaningful consumer experience also enables you to specify consumer journeys in your products that are beneficial to commercial achievement.
What do business specialists do?A business expert is a professional who offers businesses possibilities, methods, and strategies that are supported by research and data in order to assist them achieve their goals and objectives.
Who is the design industry's target market?The total market, which consists of all consumers, is segmented into groups with common characteristics in order to build a product which attracts to the majority of potential buyers. who is most likely to purchase The target demographic for your goods is sometimes referred to as the market.
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First-stage allocation of overhead costs to each cost pool is accomplished using all of the following except________.
a. employee interviews
b. grouping batch and unit level activities
c. percentages
First-stage allocation of overhead costs to each cost pool is accomplished using employee interviews and grouping batch and unit level activities, but not percentages. The correct answer to this question is option C: percentages.
First-stage allocation is the process of allocating overhead costs to cost pools based on the activities that cause those costs. This is done by identifying cost drivers, which are the activities that drive or cause costs.
Employee interviews and grouping batch and unit level activities are both methods used to identify cost drivers and allocate overhead costs to cost pools. However, percentages are not typically used in this process.
In conclusion, the correct answer to this question is option C: percentages.
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True/Falseaccording to the principle of comparative advantage, all countries can benefit from trading with one another because trade allows each country to specialize in doing what it does best.
The statement "The principle of comparative advantage suggests that all countries can benefit from trading with one another because trade allows each country to specialize in doing what it does best" is True.
What is the concept of comparative advantage?A country has a comparative advantage in the production of a product or service if it can produce it at a lower opportunity cost than another country. In other words, a country's comparative advantage exists when it can produce a good or service at a lower opportunity cost than its trading partner.
Opportunity cost is the value of what you had to forgo to acquire something. It's what you had to give up to get something else done. It might be a different project or task you were working on, or it might be some leisure time you were hoping to spend.
When we speak about a country's opportunity cost, we imply the country's potential to produce a good or service. The opportunity cost of a country is the product or service that the country must forego to produce another product or service.
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Which of these would be most likely to be included in CPI
Answer:
Frozen Pizzas
Explanation:
Info from the video:
"To calculate this index, the US Bureau of Labor Statistics uses a predetermined fixed basket of goods and services and averaging them together. The goods and services in this basket are developed from a survey of expenditures provided by individuals and families in a typical urban household."
Frozen pizza is an expenditure that could be bought by individuals and families in a household.
a country's real gdp in 2014 is $400,000 and increases by 2% in 2015. the population is 1,000 in 2014 and increases to 1,200 in 2015. the country's real gdp per capita in 2015 is $ .
The country's real GDP per capita in 2015 given its real GDP in 2014, percentage increase and the change in population is $340.
What is the country's real GDP per capita?Real GDP per capita is the ratio of a country's GDP to its population. Real GDP per capita gives an indication of the standard of living of a country's population. The higher real GDP per capita, the higher the standard of living. The real GDP per capita indicates how much of the real GDP each person in a country gets.
Real GDP is the gross domestic product of a country adjusted for inflation. Gross domestic product is the sum of all the goods and services that a country produces in a given year.
GDP per capita = real GDP / population
Real GDP in 2015 =(1 + percentage increase) x real GDP in 2014
(1.02) x $400,000 = $408,000
GDP per capita = $408,000 / 1,200 = $340
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What type of business is not a pass-through entity?
Pass-through entities do not include corporations or limited liability businesses that choose to be taxed as corporations.
What kind of company is a pass-through entity?Limited liability companies, partnerships, sole proprietorships, and S-corporations are examples of pass-through entities. Since at least the 1970s, pass-through entities have increased in proportion to total economic activity. S corporations: S corps are pass-through taxation entities. They submit a Form 1120S, a purely informative federal return, but there is no corporate income tax paid. Instead, "passed-through" to the business and reported on the owners' individual tax returns are the business's gains and losses.
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