The simplest way to calculate GDP is to sum the total sales of all business firms. is it true or false?
459344
False. If this was how GDP was calculated, 2 firms could infinitely trade products, spending the money they make to buy their products back, and be increasing the GDP. Doesn't matter if you don't understand that, but just remember, FALSE
235399
GDP stands for Gross Domestic Product, which is the total value of all the goods and services of a country.  GDP per capita is simply the GDP of a country divided by its population.  Generally, the higher the GDP, the "richer" the country.  However, a country with a large population may simply be able to produce more than a smaller country and large outliers can skew the per capita measures, meaning you need more information to really understand what these numbers mean.
219577
If you mean a sales plan as in a sales budget plan, then you estimate the amounts you will sell, the ending inventory you want to have add those and multiply that number by the variable cost and that is the sales budget, note this needs to be done for every item that has a diffrent variable cost and or selling price.  By doing this you can estimate total sales revenue from any product, and cost of goods sold.\n\nExample\nItem: 40 inch TV\nExpected sales: 100\nSales price: $850\nCost of 40 inch TV: $700\nGross revenue from 40 inch TV: $15,000 (100*850 - 100*700)\n\nOR\n\nIf you mean sales plan as in the section in a business plan, you simply list all of your products or services, with their selling prices you give or assign them. \n\nExample \n40 inch tv:                $ 850\n40 inch HDTV:              $1250\n60 inch HDTV wide screen:  $2900
966947
Calculating money, age, time, products that are manufactured, statistics, etc.
779975
based on volume of sales...
245816
Suppose you're selling a product.  How much you make depends on how much you sell and what price you put on your product.  Let your price be P and the amount you sell N.  Your income is PN.  I=PN.  Very likely if you drop your price a little you'll sell more, and your income will rise.  In very simple form, I=(P-x)(N+x).  That's a quadratic equation; its graph is a parabola that opens downward and crosses the x-axis twice.  Those points are significant.  The one on the right is the point where your price has dropped to zero; you're giving it away and your income is zero.  The one on the left is the point where your price is so high your sales have dropped to zero; no one's buying and again your income is zero.  HALF WAY IN BETWEEN those points, at the vertex of the parabola, income is at maximum.  It would be nice to know where that is, eh?\n\nOur government argues over this same issue: will decreasing taxes increase economic activity enough to generate income for the government in other ways, or should taxes be raised.  If you don't understand these things, you have no business voting.
1124702
no not at all.  First of all national deficit is the sum of all deficits including your credit card and national spending.  Secondly national income is the income that comes in not only from tax, tariffs, savings, etc but also from buying and selling of goods abroad in the name of the US government.  \n\nI could go on and on but the key here is that national income is not easy to calculate.  There are hidden / undisclosed accountants that are not publicized and despite what people say, it is still a part of the national income.   When you add all that up, the income is actually a debt. LOL and you owe the government thousands of dollars.   \n\nSorry for the complicated and bad news. LOL
235727
This ratio will give you a quick snapshot of how quickly your sales are covering the cost of sales or operating expense. It is by no means an indication of profitability but can be used over time to track the increase or decrease in the cost of operation compared to amount of sales.
757194
gross domestic product   \n\nhere it is measured in US$\n\nhttp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
235097
Thenameishte.. is not fully correct!\nAccounting income is the income after taking into account all the incomes and expenditures of the current year 'actually' incurred by u, i.e. the amounts paid or payable to the external parties or third parties(like suppliers of materials,labourers,management personnel etc.)which will actually reduce the cash available with u. also, it consists of only revenue expenses and incomes.\nBut Economic income,in a wider sense, takes into account the costs that have not explicitly been incurred..the costs for which payment has not been made 'actually'..like the rent of the building u own and u use in ur business(for which u r not paying urself), we call these costs as imputed costs. They take into account the income that u could have earned had u not used ur own resources in ur own business..this estimated income is the imputed cost of ur resources which shpuld also be deducted from the actual profit. Also, economic income takes into account the social costs in some cases like pollution etc. although most prefer not to estimate these coz of lack of quantifiable data!\nI hope now u understand the difference!
719921
According to the Bureau of Economic Analysis, based on the first quarter numbers for 2006, this year's GDP is projected to be $13,020 billion for 2006.\n\nhttp://www.bea.gov/bea/newsrel/gdpnewsrelease.htm
919821
by total GDP:\n\n1  United States  \n2  Japan  \n3  Germany  \n4  People's Republic of China   1\n5  United Kingdom  \n\nHowever, if you  use GDP per capita, it's:\n1Luxembourg$ 55,100\n2Norway$ 37,800\n3United States$ 37,800\n4San Marino$ 34,600\n5Switzerland$ 32,700
1095836
Probably not the exact answer, but I would guess that GDP would increase slightly.  One method of calculation is spending, which would appear to go up, but these additional transactions would decline because some of the advantages (no taxes) would disappear so the demand for these types of transactions would go down.  But the industry as a whole would survive to a certain extent as a regulated industry.
122389
the full form of g.d.p is gross domestic product
772567
This is the sum of the prices of the 100 largest companies' stocks. It is often used to measure the U.S. economy.
881584
For a small business you could either simply use an excel sheet, where u divide up the columns you need and use the calculation symbols for ease of any calculations. You can sum up, subtract etc easily. Just use the help/office assistant in Microsoft excel.\n\nAlternatively use SQL database system, you can get a person trained in software to create an sql system for you which will be quite easy to use and help in costs and all other functions for your data.
208823
Gross Domestic Product refers to the price of all goods and services produced in the country.  Nominal GDP is expressed in dollars.  Real GDP is an adjusted figure, taking into account inflation.