![United States GDP per person was approximately $59,500 in 2017 [CIA World Factbook 2018]. Measured in imilar dollars, Canadas GDP per person was approximately S48,300 in 2017 . Measured in a] In percentage terms, how much greater w as US GDP per person than Canadian GDP per person in 2017? Hint: employ the following formula: Percentage difference-((US value-Canadian valueycanadian value) x 100% b] Assume US GDP per person grows 2 percent per year over the subsequent 100 years, while Canadian GDP grows 1 per cent per year over the subsequent 100 years. Calculate the size of US GDP per person in 2117.](http://img.homeworklib.com/questions/960cba80-6fa4-11ea-95c7-01bd02372bc4.png?x-oss-process=image/resize,w_560)
Homework Answers
a) Percentage difference = (59500 - 48300)/48300 x 100 = 23.19%
b) Size of US GDP per person in 2117 = 59500 x (1 + 2%)100 = $ 431056.4
Size of Canadian GDP per person in 2117 = 48300 x (1 + 1%)100 = $ 130642.5
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United States GDP per person was approximately $59,500 in 2017 [CIA World Factbook 2018]. Measured in...
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1. What is the amount of Apple’s accounts
receivable as of September 30, 2017?
2. Compute Apple’s accounts receivable turnover as
of September 30, 2017.
3. How long does it take, on average, for
the company to collect receivables for fiscal year ended September
30, 2017?
4. Apple’s most liquid assets include (a)
cash and cash equivalents, (b) short-term marketable
securities, (c) accounts receivable, and (d)
inventory. Compute the percentage that these liquid assets (in
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