Is value-added a measure for the wealth created in the economy?

Answers

Answer 1

Yes, the value-added is a measure for the wealth created in the economy.

Value-added refers to the net value that an organization contributes to a commodity or service. It is a measure of the wealth created by an organization during the production process. In financial terms, it is the difference between the cost of goods sold (COGS) and the final sale price.

Value-added is commonly used to assess the value generated by industries and businesses in a country's economy. It is used to gauge the effectiveness of a nation's manufacturing and production sectors. As a result, it is a crucial statistic in determining the gross domestic product (GDP).Therefore, value-added can be a measure for the wealth created in the economy.

With this method, countries can determine the level of wealth produced in their economy, enabling them to establish their level of prosperity and prioritize their efforts in specific sectors. However, value-added is just one of many measures used to assess the wealth created in an economy.

To summarize, value-added is an essential measure of wealth created in the economy, and it quantifies the contributions of organizations towards national wealth. However, it is not the only method of measurement. It is also essential to consider other measures to get a more comprehensive view of the economy.

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Answer 2

Yes, value-added is a measure of the wealth created in the economy. It represents the net contribution of a particular economic activity or industry to the overall value of goods and services produced.

Value-added is calculated by taking the difference between the total value of an industry's output and the value of intermediate inputs (such as raw materials, components, and services) used in the production process.

Value-added captures the additional value created at each stage of production and reflects the economic contribution of labor, capital, and technology. It provides a measure of the economic growth and productivity of a sector or the entire economy.

Therefore, value-added is an important indicator for assessing the performance and competitiveness of industries and understanding their contribution to GDP (Gross Domestic Product). It helps policymakers, businesses, and analysts evaluate the efficiency and effectiveness of various sectors in generating wealth and driving economic development.

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Related Questions

Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
a) short-term plans; short term; short term
b) short-term plans; long term; long term
c) long-term plans; short term; long term
d) long-term plans; long term; long term

Answers

Discussions on the ongoing corporate performance on a long-term value creation story and a long-term value creation strategy can be had during investor presentations of long-term plans.

We urge leaders to prioritize long-term value creation as a starting point when trade-offs need to be made because of the advantages it brings for resource allocation and economic health. Consider your staff members to be stakeholders.

Due to their managerial expertise in fields like planning, budgeting, purchasing, and human resource management, these companies bring value. enabling the business to concentrate its efforts on more desirable possibilities.

The main objective of a corporation is to maximize short-term gains for all of its stakeholders. When a business examines its stakeholders and its mission statement as well as competitors,

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most of the revenue that magazine companies generate comes from what?
A.subscriptions from readers
B.publishing content articles
C.selling space to advertisers
D.store and newsstand sales

Answers

Answer:

C.selling space to advertisers

Explanation:

Selling advertising space to advertisers is one of the oldest ways that magazines have been using to generate revenue. To date, advertising still accounts for a massive percentage of revenues for magazines.  Despite the emergence of other revenue streams for magazines, such as subscriptions, advertisers are still the biggest revenue source. Up to 59.5% of magazine revenue is through the sales of selling space to advertisers.

Answer:

C

Explanation:

Supply-side policies have proven that smaller government makes the economy more efficient. ​ Select one: True False

Answers

Answer:

The given statement is "False".

Explanation:

Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake. Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.

Dioxin emission that results from the production of paper is a good example of a negative externality because.

Answers

Dioxin emission that results from the production of paper is a good example of a negative externality because self-interested paper producers do not consider the full cost of the dioxin pollution they create.

Negative externality appears when the consumption or production of a good is having a harmful effect on a third party. These third parties include any individual, organization, property owner, or resource and all these are indirectly affected.

Different externalities are produced from production and consumption. Like from production carbon emissions from factories is a negative externality. Waste that arises from the consumption part is also a negative externality.

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Quality data gathering, analysis, and reporting $59,000 Testing and inspection of incoming materials $48,000 Final product testing and inspection $27,000 Depreciation of test equipment $30,000 Cost of field servicing and handling complaints $52,000 Disposal of defective products $13,000 Downtime caused by quality problems $52,000 Technical support provided to suppliers $18,000 Returns arising from quality problems $39,000 Eagle Company's quality cost report is to be based on the data shown. What would be the total appraisal cost appearing on the quality cost report? Question 17 options: A) $78,000 B) $75,000 C) $105,000 D) $100,000

Answers

Answer:

$75,000

Explanation:

Calculation for What would be the total appraisal cost appearing on the quality cost report

Total Appraisal cost= Addition of

Testing and inspection of incoming materials and Final product testing and inspection

Hence ,

Total Appraisal cost =Testing and inspection of incoming materials $48,000 + Final product testing and inspection $27,000

Total Appraisal cost =$75,000

Therefore the Total Appraisal cost appearing on the quality cost report will be $75,000

why is the revenue recognition principle needed? what does it demand?

Answers

The revenue recognition principle is needed to ensure accurate and consistent financial reporting. It demands that revenue be recognized when it is earned and realizable, regardless of when payment is received. This principle is essential for several reasons:

1. Provides a clear picture of a company's financial performance by reflecting the actual revenues generated during a specific period.
2. Enhances comparability among different businesses by standardizing the way revenues are recognized across various industries.
3. Assists in decision-making for investors, creditors, and other stakeholders by offering reliable and transparent financial information.
4. Facilitates compliance with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), ensuring that financial statements are prepared according to established rules and regulations.

In summary, the revenue recognition principle is vital for maintaining accurate, consistent, and transparent financial reporting. It demands that companies recognize revenue when earned and realizable, ultimately enabling informed decision-making and promoting comparability among different businesses.

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Part of maintaining a personal brand is making sure that it is credible. What does this mean and how can you accomplish it? Give at least three example of how to do that.

Answers

Maintaining authenticity and honesty in all of your interactions with your followers and clients can help you build trust through your personal brand.

What does having a trustworthy personal brand entail?

Personal credibility is primarily based on substance. Afterward, demonstrate to everyone in your vicinity what you can achieve and how you may help. It's about gaining confidence so you can perform more of the work you want to. Your social media posts may receive likes if your personal brand is powerful.

What factors determine a successful personal brand?

Your personal brand should convey your distinctive qualities, showcase your skills, inspire confidence, and generate a reputation in the field you are in now or want to enter. A person's story is their personal brand.

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Rule of law is defined as "the restriction of the arbitrary exercise of power by subordinating it to well-defined and established laws." And includes concepts such as: property rights, government integrity, and judicial effectiveness.
In two separate paragraphs, please explain how Rule of Law is relevant for
National economies (paragraph 1), and
Growth of businesses (paragraph 2)

Answers

The rule of law is relevant for national economies as it promotes transparency, accountability, and limits the possibility of corruption. It also ensures the protection of property rights, promotes fair competition, and encourages investors.

The rule of law limits the arbitrary use of power, promotes transparency, and accountability. This is significant for national economies as it makes a country a favorable destination for investment. The rule of law assures investors that their contractual agreements will be enforced, and their property rights will be protected.

In a stable legal system, businesses feel encouraged to invest more and expand, which leads to the growth of the economy and development. The legal system provides a framework that ensures economic growth by promoting fair competition, market-oriented strategies, and accountability. Thus, the rule of law plays a crucial role in national economies and creates a conducive environment for business growth and development. Its presence assures the enforcement of contracts, and minimizes risks and uncertainties that are associated with transactions.

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urgent please help!!!!! The Accounts Receivable balance for Company at December​ 31, 2023​ was 29000 . During ​,2024 the company earned revenue of 462000 on account and collected 324000 on account. the company wrote off 6000 receivables as uncollectible. Industry experience suggests that uncollectible accounts will amount to 2​% of accounts receivable.



A. Assume the company had an unadjusted 2600 credit balance in Allowance for Bad Debts at ​31, . Journalize ​'s the company's December ​31, 2024 ​, adjustment to record bad debts expense using the​ percent-of-receivables method.



B. Assume the company had an unadjusted 1900 debit balance in Allowance for Bad Debts at December 31, 2024 . Journalize ​'s the company's December ​31, 2024 ​, adjustment to record bad debts expense using the​ percent-of-receivables method.

Answers

A) The journal entry using the percent-of-receivables method is as follows:

Debit Bad Debts Expense $6,620

Credit Allowance for Uncollectible accounts $6,620

B) The journal entry using the percent-of-receivables method is as follows:

Debit Bad Debts Expense $11,120

Credit Allowance for Uncollectible accounts $11,120

What is the percent-of-receivable method?

The percent-of-receivable method is one of the methods for making allowances for uncollectible accounts.  Other methods include using an estimated percentage of the sales revenue and aging the accounts receivable

This method uses an estimated percentage of the receivables at the end of the financial period to compute the ending allowance for uncollectible accounts.

Data and Calculations:

December 31, 2023:

Accounts receivable

Beginning balance = $29,000

Revenue for 2024 =  462,000

Cash collected =      (324,000)

Accounts written off = (6,000)

Ending balance        $161,000

Allowance for uncollecdtible accounts = 2% or $3,220 ($161,000 x 2%)

A) Allowance for uncollectible accounts:

Beginning balance = $2,600 (credit)

Accounts written off   (6,000)

Ending balance           (3,220)

Bad debts expense = $6,620

Transaction analysis

Bad Debts Expense $6,620 Allowance for Uncollectible accounts $6,620

B) Allowance for uncollectible accounts:

Beginning balance = ($1,900)

Accounts written off   (6,000)

Ending balance           (3,220)

Bad debts expense = $11,120

Transaction Analysis

Bad Debts Expense $11,120 Allowance for Uncollectible accounts $11,120

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Question 2 of 10
Jeremy doesn't have a lot of money to spend on advertising, but he knows his
target audience are local outdoor enthusiasts. Which type of media format
should Jeremy use to advertise?
A. Local newspapers
B. Billboards on busy streets
C. National television commercials
D. Plane banners

Answers

Answer:

B. Billboards on busy streets

Explanation:

Billboard advertising involves making use of large-scale print advertisements to market a company's products and services.  Billboards are strategically mounted in high traffic areas to pass their message to as many people as possible. Busy highways and streets, strategically located buildings are ideal places to put billboards.

Jeremy should consider using billboards for the following reasons.

His clients are local outdoor enthusiasts;  he needs to find out their favorite destinations are put billboards along the way. This way, he will capture their attention.Billboards are less costly compared to other advertisement options, such as television or plane banners.Billboards will be effective in his case. Because his clients are local, and billboards remain in place for several days or weeks,  his target clients will not fail to spot them.

Answer:local news papers

Explanation:

True or false: promotion of a store's merchandise is known as product promotion.

Answers

Answertrue:

true

Explanation:

Answer:

true

Explanation:

promotion sales are needed for business to thrive

According to the 2019 jobvite survey of 1,500 americans, which is the most important motivating criteria to job seekers?.

Answers

According to the 2019 jobvite survey of 1,500 Americans, which is the most important motivating criteria to job seekers is career growth opportunities (61%) on the list of most important factors.

For the first time in decades this criteria has toppled the long-time kings compensation (57%) and healthcare / retirement benefits (58%).Career progression chances give employees the chance to demonstrate to their manager that they possess the proactive and forward-thinking attributes that employers seek in employees.

You have a better chance of finding employment in more competitive situations if you take advantage of every opportunity that is presented to you.

Given the rapid development of new technology, this is the moment to advance your skills and future-proof your profession.Thus Career growth opportunities have taken the centre stage in recent years.

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factorise the following3x^2-18 +24​

Answers

Answer:

it's 3(x^2-2) bcoz -18-24= -6 and 3 is divisible into 6 twice

Will you act immediately on the business opportunity \that you have identified?

Answers

Answer:

Yes because once one has found an opportunity one must seize it.

Explanation:

It is not advisable to act immediately on the business opportunity that is determined.  

A business opportunity includes the lease or sale of any specific product, equipment, or service that will help or make it possible for the purchaser-licensee to begin a business. It is important to consider certain other factors before immediately acting on the business opportunity that is determined. They are:

Size of the Market Relationships with potential investors or customers Capability to manage the Cash Flow Persistence and Passion Management skills  

Thus, we can conclude that one must not act immediately on the business opportunity that is determined before properly analyzing different factors associated with it.

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What will be the end result for the taxpayer who filed his federal income tax return.

Answers

If your federal gross income was $12,950 or more and you're under 65, you must submit a single status tax return. If your federal gross income was $14,700 or more and you are 65 years of age or older, you must file.

What is the status of federal filing?

Determines the tax rate applied to income. Head of household, married filing jointly, married filing separately, single, and qualified widow(er) with dependent child are the five filing statuses. A tax year is the 12-month period of time that a tax return covers. The tax year for people in the US is from January 1 to December 31 and includes taxes due on income earned during that time. The Where's My Return? feature is the easiest method to find out if you've received a tax refund. After receiving an e-filed return, taxpayers have 24 hours to start monitoring the status of their refund. After the return is processed and a refund is approved, the program also offers a customized refund date.

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first come first serve

Answers

Answer:

hiiii

thanks for the free points

Answer:

hi hello

Explanation:

:) :) :):) :) :) :)

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A command economy tends to exist under a
democratic government that provides little regulation.
socialist government that provides some regulation.
representative government that provides no regulation.
communist government that provides a lot of regulation.

Answers

The correct answer is D. Communist government that provides a lot of regulation.

Explanation:

In a command economy, the economy is not controlled by the relations of supply/demand or by individual decisions to produce/buy/sell products. Instead, these aspects of the economy are controlled by the government. Moreover, this type of economy is most common in communists or socialists governments because in these, individual freedoms tend to be limited and the government has a lot of control over most aspects of the society, including economy. Also, in a command economy, the government issues a lot of regulations and has a lot of control. According to this, the correct answer is D.

Answer:

(D)  communist government that provides a lot of regulation.

Explanation:

Your Welcome :D

"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D

Answers

Answer:

d. Cultural values

Explanation:

Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.

Answer:

D

Explanation:

I just took the assignment

In business writing, the main idea of a written work should be located
a. At the end of the first paragraph
b. In the body of the document
At the beginning of the first paragraph
d. In the salutation of the document
C.
Please select the best answer from the choices provided
Ο Α
B
С
OD

Answers

Answer:

c

Explanation:

cccccccccccccccccccccccccc

Answer:

well i blive its c

Explanation:

a tariff is a: limit on the quantity of a good that can be exported. tax on imported products. tax on exported products. limit on the quantity of a good that can be imported.

Answers

A tariff is a tax on imported products Option(b) is correct.  Tariffs are among the most broadly utilized instruments of protectionism, alongside import and commodity shares.

What is a Tariff?

A Tariff is a tax forced by the public authority of a nation or by a supranational association on imports or products of merchandise.

Other than being a wellspring of income for the public authority, import obligations can likewise be a type of guideline of unfamiliar exchange and strategy that taxes unfamiliar items to support or protect homegrown industry.

Tariffs can be fixed (a steady total for each unit of imported products or a level of the cost) or variable (the sum fluctuates as per the cost). Taxing imports implies individuals are less inclined to get them as they become more costly.

Therefore Option(b) is correct.

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.ytt5568ug and a few of

Answers

Answer:

what is the question fam

Select all that apply.
Select all reasons data mining is important to businesses.
It cuts costs.
It identifies long-term goals.
It solves problems.
It increases profits.

Answers

It cuts cost

I sole’s problems increase profits

Answer:

a,c,d

Explanation:

round 312,5 up to rand​

Answers

Answer:

313 rand

Explanation:

To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.

In this case ; 312. 5 will be rounded to 313 ;

Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3

Hence, 313 rand

What organizational report pattern is recommended when you need to redefine the audience's perception of the problem to solve it effectively?

Answers

The elimination of alternatives organizational  report pattern is recommended when you need to redefine the audience's perception of the problem to solve it effectively, option C.

Formal classification, informal categorization, comparison, partitioning, segmenting, cause/effect, and problem/solution are the seven common patterns used to organise documents. Depending on the type of document being created, a different organisational pattern may be employed; nevertheless, the purpose of efficient organising is to make the document easier to use, therefore many organisational patterns are frequently utilised in a single document.

When you need to arrange information about many different objects but find it difficult or unpleasant to categorise them based on the type of objective feature required for formal classification, formal classification can assist you develop a reader-centered message.

Although each fact should still only belong into one category, informal classification varies from formal classification in that the groups need not adhere to a consistent classification theory. A tiger, wolf, and zebra, for instance, may be categorised as canines or African animals.

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Complete question:

What organizational report pattern is recommended when you need to redefine the audience's perception of the problem to solve it effectively? Multiple Choice

general to particular/particular to general

problem-solution

elimination of alternatives

comparison/contrast

functional

What kind of time clause is referred to in the Raubex case (MEC Dept of Transport KZN v Raubex KZN (Pty) Ltd) ?

Answers

In the case, the time clause referred to was a peremptory time clause is a clause in a contract or agreement that strictly requires a specific action or obligation to be completed within a particular time frame, often with a specific date or deadline.

It's a non-negotiable deadline that must be adhered to otherwise, the contract may be terminated or become  significance of a peremptory time clause is that it may result in a penalty or the cancellation of the contract if the deadline is not met.

This is why it is also referred to as a time-is-of-the-essence clause because time is crucial and critical to the performance of the contract in question, the contract may be terminated or become  significance of a peremptory time clause is that it may result in a penalty or the cancellation of the contract if the  clause is a clause in a contract or agreement that strictly requires a specific action or obligation to be completed within a particular time frame, often with a specific date or deadline.

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Which of the following best defines goal?
a. aim or purpose
b. disregard or disrespect
c. freedom from doubt
d. influence

Answers

A. Aim or purpose

Because a goal is a target that your trying to accomplish

3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Describe a training time or an instructional time when you would need to be a teacher as well as a time when you would need to be a facilitator. Describe the necessary mental switch that would need to take place to be effective in each role. Create two lesson plans—one that requires teaching and one that requires facilitation. This can be a work-related training opportunity or a college classroom setting. The subject of the training will vary depending upon the work in which you are involved. If you choose the college classroom instructional activity, be sure to choose a subject from a course you have taken.

Answers

In instructional settings, there are times when the role of a teacher is required, emphasizing direct instruction and knowledge dissemination. On the other hand, there are also situations where a facilitator is needed, focusing on guiding discussions and enabling active learning.

When acting as a teacher, the emphasis is on delivering information and guiding students through a structured lesson. The teacher takes on a more authoritative role, providing explanations, demonstrations, and examples. The necessary mental switch involves careful planning of the lesson, organizing the content, and utilizing effective instructional strategies to engage learners and ensure understanding.

As a facilitator, the focus shifts to creating a learner-centered environment, promoting collaboration, critical thinking, and problem-solving skills. The facilitator encourages active participation, encourages discussion, and supports learners in discovering knowledge on their own. The mental switch involves stepping back from being the primary source of information and instead fostering a dynamic learning atmosphere where students take ownership of their learning.

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PLEASE HELPP:
Jones, Inc is trying to schedule a holiday party and would like to collect suggestions about the best date and location from their employees. The company has 200 employees on staff. What is the best form of communication to utilize and why?

Answers

Answer:

the best way is phone

Explanation:

becuase to get all of them in a group and tell them all

Select the correct answer.
George, the market analyst of his company, will be calculating the company's sales forecast for the next month (May). He has decided to use the moving averages method of sales forecasting to complete his task. The sales for the last four months are $30,000 (April). $35,000 (March), $25,000 (February), and $30,000 (January). If George uses the formula to calculate moving averages, what sales forecast figure will he arrive at?

a.25000
b.30000
c.20000
d.35000​

Answers

Answer:

b.30000

Explanation:

The moving average follows the trend of data to forecast the next value.

the formula applicable in moving average is  = (n1 + n2 + n3 + ...) / n

For George, the moving average will be

=$30,000 + $35,000 +$25,000 + $30,000/4

=$120,000/4

=$30,000

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THANK YOU True or False?Exposure to drugs during the teen years may affect the likelihood of someone becoming an addict in the future.TrueFalse Some people are terrified of flying. The ________ at the thought of getting on an airplane. rummageblanchgrislysmile which conversion factor would be used to convert grams of calcium oxide (cao) to moles, if the mass of a sample of cao was known? Geraldo got sick from eating vacuum-packed deli meat. The bacteria must have been _____. plz hely i needd this now or i fail What are the 3 basic meanings of the Establishment Clause?. Please help with this! which of the following are a result of a failure of the body's mechanisms and usually is usually caused by gram negative bacteria the nurse is educating unlicensed assistive personnel about recording output for a client. what fluids should the nurse include in the output for accuracy? select all that apply. The hiv virus attacks only a certain type of white blood cells, and not other cell types. Why?. Given h(x, y) = ln (4+ x + y), a) Find the directional derivative at (-1,2) in the direction of (2,1) b) Describe what part (a) tells us about the surface described by function h c) At (-1,2), what is the direction of fastest increase? d) Use Calcplot3D to form a contour plot for h. e) Describe what this contour plot tells you visually about the surface in relation to different domain values. You have read "Golden Glass" and "There is a Tree That Stands," about two boyswho are growing up. Using details from the passage and the poem, write anessay that compares and contrasts how Ted in Golden Glass" and the speaker in"There Is a Tree That Stands' experience growing up in your essay, be sure toexplain the relationships Ted and the speaker have with their mothers and Ted'sand the speaker's feelings about growing upning out, becomingold-man seriousness he'ddsate His humor, alwaysWrite a well-organized, text-dependent response. 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The algorithm for calculating a running average differs from the standard algorithm forcalculating an average, as described in part (a).A partial declaration of the RunningAverage class is shown below. You will write two methods of theRunningAverage class.public class RunningAverage{/** The number of ratings included in the running average. */private int count;/** The average of the ratings that have been entered. */private double average;// There are no other instance variables./** Creates a RunningAverage object.* Postcondition: count is initialized to 0 and average is* initialized to 0.0.*/public RunningAverage(){ /* implementation not shown */ }/** Updates the running average to reflect the entry of a new* rating, as described in part (a).*/public void updateAverage(double newVal){ /* to be implemented in part (a) */ }/** Processes num new ratings by considering them for inclusion* in the running average and updating the running average as* necessary. Returns an integer that represents the number of* invalid ratings, as described in part (b).* Precondition: num > 0*/public int processNewRatings(int num){ /* to be implemented in part (b) */ }/** Returns a single numeric rating. */public double getNewRating(){ /* implementation not shown */ }}Write the method updateAverage, which updates the RunningAverage object to include a new rating. To update a running average, add the new rating to a calculated total, which is the number of ratings times the current running average. Divide the new total by the incremented count to obtain the new running average.