Reference no: EM133377416
Questions
1. The balance sheet of a domestic gelato ice cream maker shows the following: sales of gelato ice cream to households $200M, wages $100 M, intermediate milk expenses $50M. intermediate strawberry purchases $5M, and taxes $25M. Using the income approach, what is the labor income associated with the gelato ice cream maker
A) $100M
B) $125M
C) $145M
D) $180M
E) $200M
2. The balance sheet of a domestic gelato ice cream maker shows the following: sales of gelato ice cream to households $200M, wages $100 M, intermediate milk expenses $50M. intermediate strawberry purchases $5M, and taxes $25M. Using the income approach, what is the total revenue associated with the gelato ice cream maker
A) $100M
B) $125M
C) $145M
D) $180M
E) $200M
3. The balance sheet of a domestic gelato ice cream maker shows the following: sales of gelato ice cream to households $200M, wages $100 M, intermediate milk expenses $50M. intermediate strawberry purchases $5M, and taxes $25M. Using the income approach, what is the total cost associated with the gelato ice cream maker
A) $100M
B) $125M
C) $145M
D) $180M
E) $200M
4. The balance sheet of a domestic gelato ice cream maker shows the following: sales of gelato ice cream to households $200M, wages $100 M, intermediate milk expenses $50M. intermediate strawberry purchases $5M, and taxes $25M. Using the income approach, what is the profit associated with the gelato ice cream maker
A) $20M
B) $55M
C) $75M
D) $80M
5. The balance sheet of a domestic gelato ice cream maker shows the following: sales of gelato ice cream to households $200M, wages $100 M, intermediate milk expenses $50M. intermediate strawberry purchases $5M, and taxes $25M. Using the income approach, what is the government income associated with the gelato ice cream maker
A) $20M
B) $25M
C) $50M
D) $80M
6. The balance sheet of a domestic gelato ice cream maker shows the following: sales of gelato ice cream to households $200M, wages $100 M, intermediate milk expenses $50M. intermediate strawberry purchases $5M, and taxes $25M. Using the value-added approach, what is the value- added associated with the gelato ice cream maker
A) $100M
B) $125M
C) $145M
D) $180M
E) $200M