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Reika [66]
3 years ago
8

How unemployment is impacting on the south africa economy?

Business
1 answer:
Evgesh-ka [11]3 years ago
7 0
Unemployment continues to rise to unacceptable level. As David Lipton said if the government are to navigate this dangerous period. Government must respond concretely to all of these challenges. Despite of political obstacles.  This is important to all countries specially South Africa.
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Bank Reconciliation
Karo-lina-s [1.5K]

Answer:

Cash balance according to the bank $23,557.98

+ deposits in transit $12,125.25

- outstanding check N⁰ 124 ($62)

- outstanding check N⁰ 125 ($42)

- outstanding check N⁰ 129 ($1,250)

adjusted bank balance = $34,329.23

Cash account balance $51,596.88

+ note collected by bank $15,250.75

- NSF check ($23,475.40)

- Bank fees ($250)

- Error in recording check N⁰ 125 ($9,000)

adjusted cash account balance = $34,122.23

two errors were detected:

  1. outstanding check N⁰ 125 correct amount is ($24)
  2. bank fees are $25

so the readjusted balances are:

adjusted bank balance = $34,329.23 + ($42 - $24) = $34,347.23

adjusted cash account balance = $34,122.23 + ($250 - $25) = $34,347.23

now both accounts are equal.

5 0
3 years ago
Sarasota Company purchased a machine at a price of $103,200 by signing a note payable, which requires a single payment of $130,0
nlexa [21]

Answer:

-7.407%

Explanation:

Let interest rate be x%

Present value of payment = $130,002 * PV of discounting factor (rate%, time period)

$103,200 = $130,002 * 1.0x^3

1.0x^3 = $103,200 / $130,002

1.0x = ($103,200 / $130,002)^(1/3)

1.0x = 0.793834^(1/3)

1.0x = 0.92592660981

x = (0.92592660981 - 1) * 100

x = -0.07407*100

x = -7.407%

3 0
3 years ago
Question 18 :Project managers must balance three elements that compose the project triangle. You are a project manager who is ha
denpristay [2]

Answer: The project scope will increase

Explanation:

From the question, we are informed that there is a project manager who is halfway through a project and then his customer contacts him to say that he has been authorized to provide additional funds for the project.

This will most likely increase the project scope. The project scope simply means the work that is needed to be done in order for a particular project to be accomplished. Due to the increase in funds, it means that more work will be expected.

4 0
3 years ago
High-demand sporting or concert events have encountered an expensive, often illegal, form of pricing where tickets are resold at
jasenka [17]

Answer:

True

Explanation:

Ticket scalping is an act where an entity or individual sells already bought tickets, at a higher or lower price than the original one, taking into consideration the demand.

Nowadays, ticket scalping is associated with selling at a higher price. This practice is common with limited edition goods also. It is illegal when it is in correlation with automated bots that perform attack on the ticket seller's website, in order to gain early bird access.

3 0
3 years ago
Bridge bonds series a dated 7-15-2005 4.375% due 7-15-2055 @100.00 what is the coupon interest rate of this bond?
kotegsom [21]

Answer:

The answer is: 4.375%

Explanation:

The issue date of this bond is 7/15/2005 and the maturity date is 7/15/2055.

The coupon interest rate is 4.375%. The coupon interest rate is how much interest the bond will yield. The coupon interest is calculated using the face value of the bond.

5 0
3 years ago
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