A. The percentage of the labor force that is unemployed
Answer:
c) $30,600
Explanation:
Bank statement balance = $36,000
Outstanding checks = ($10,000)
Deposit in transit as at month end = $4,000
Erroneous check charged = $600
Correct balance in the bank account = $36,000 - $10,000 + $4,000 + $600
= $30,600
The right option is c) $30,600
Answer:
Explanation:
a. "not in the labor force" since she is neither working or looking for a job and instead is studying
b. "employed", currently works as a tennis coach
c. "unemployed", she does not have a paying job yet but is looking for one
d. "not in the labor force", does not have a job and is not looking for one at the current moment in his life.
Answer:
Spotlighter, Inc.
Cash
Account Titles Debit Credit
Beginning balance $0
Notes Payable $4,740
Common stock $5,430
Equipment $1,000
Supplies $1,100
Ending balance $8,070
Notes Payable
Account Titles Debit Credit
Beginning balance $0
Cash $4,740
Equipment 1,600
Ending balance $6,340
Common stock
Account Titles Debit Credit
Beginning balance $0
Cash $5,430
Equipment
Account Titles Debit Credit
Beginning balance $0
Cash $1,000
Notes Payable $1,600
Ending balance $2,600
Supplies
Account Titles Debit Credit
Beginning balance $0
Cash $1,100
Accounts Payable $1,500
Ending balance $2,600
Accounts Payable
Account Titles Debit Credit
Beginning balance $0
Supplies $1,500
Ending Balance $1,500
Explanation:
1) Data and Transaction Analysis:
a. Cash $4,740 Notes Payable $4,740
b. Cash $5,430 Common stock $5,430
c. Equipment $2,600 Cash $1,000 Notes Payable $1,600
d. Supplies $1,100 Cash $1,100
e. Supplies $1,500 Accounts Payable $1,500
Answer:
Explanation:
Last year the equilibrium price and the quantity of good X were $10 and 5 million pounds, respectively.
The producer surplus is the difference between the minimum price that a producer is willing to accept and the price it actually gets. It can be found by calculating the area between the supply curve and the market price.
The producer surplus
= 
= 
= 
= $25
Because of strong demand this year, the equilibrium price and the quantity of good X are $12 and 7 million pounds, respectively.
The producer surplus
=
=
= 
= $42
