Answer:
VIGELAND COMPANY
Journal Entries
Date Description DR CR
Jan 15 Merchandising Inventory 14,400
Cash 14,400
Being record of inventory purchase
April 1 Cash 708,000
14% Note payable 708,000
Being the record of note payable issued
June 14 Bank 26,000
Unearned Income 26,000
Being the record of deposit received
July 15 Unearned Income 2,850
Service Revenue 2,850
Being the payment for the services rendered
Dec 12 Electricity bill payable 26,760
Electricity bill expenses 26,760
Being the unsetled bill for the year
Dec 31 Wages payable 29,000
Wages Expenses 29,000
Explanation:
Given:
Total population = 200 million
Labor force = 100 million
Employed workers = 92 million
To be considered unemployed, the person should be
(a) over 16 years of age,
(b) not working,
(c) was available for work within 4 weeks,
(d) made an effort to find work within 4 weeks.
Unemployed = 200 - 100 - 92 = 8 million
By definition,
Unemployment rate = Unemployed / (Employed + Unemployed)
= 8/(100 + 8)
= 0.074
= 7.4%
Answer: 7.4%
Answer:
a) 46.7, 80 b) 20, 60 c) yes
Explanation:
a) % utilization= utilization/design capacity × 100
= 7/15 × 100
= 46.7%
% efficiency= efficiency/design capacity × 100
= 12/15 × 100
=80%
b) Utilization= 2/10 × 100 = 20%
Efficiency= 6/10 × 100= 60%
c) A system with higher efficiency ratios will always have higher utilization as these systems will have lesses number of failures
Answer:
Generally, when a currency depreciates, that results in higher foreign direct investment. I.e. if the currency of any country depreciates, investing in that country becomes cheaper for foreign companies, e.g. land, equipment or existing facilities are worth less if the investors brings an appreciated foreign currency.
In this specific case, if the yen depreciates, US foreign direct investment in Japan should increase.
