Which of the Following Would Be Included in Canada's GDP

question 114

Multiple Choice

Which of the following would be included in Canada's GDP?

• A) Bombardier builds a plane in Montreal that is sold to American Airlines.
• B) Daimler-Chrysler produces a car in Germany that is sold in Toronto.
• C) Nestlé produces a candy bar in Switzerland that is sold in Calgary.
• D) Royal Bank of Canada operates a branch in Nassau,Bahamas.
• E) Canada's Wonderland provides entertainment services in an amusement park in Japan.

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Definitions:

Straight-line Depreciation

A method of allocating the cost of a tangible asset over its useful life evenly.

Total Asset Turnover

An efficiency ratio indicating how well a company's assets are used to generate revenue from sales.

Average Total Assets

The average value of all the assets a company owns over a specific time period, calculated by adding the beginning and ending assets and dividing by two.

Net Sales

The amount of revenue generated by a company after deducting returns, allowances for damaged goods, and discounts.