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3 years ago

Which of the following reasons does not contribute to a higher level of unemployment?

1 answer:

7 0

Hi there!

The answer is A) A lack of labor mobility as people choose to remain in their hometown.

Unemployment is a complex issue, here are the reasons why the other options increase unemployment:

-Reduction in Union bargaining activities would increase unemployment because employers wouldn't have as many restrictions to reduce their workforce.

-Reduction in economic activity due to a recession would increase unemployment as the demand for products, and for workers too, will decrease.

-The existence of efficiency wages causes unemployment because the demand for labor will decrease, as employees get more and more efficient.

<span>A lack of labor mobility as people choose to remain in their hometown will not contribute to a higher level of unemployment. Instead, labor mobility can increase unemployment because there would be an oversupply of labor in a specific region. </span>

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Ottawa, Inc. provides the following data: 2019 2018 Cash $23,000 $22,000 Accounts Receivable, Net 37,000 37,000 Merchandise Inve

Kaylis [27]

Answer:

The days' sales in inventory for 2019 is 85.88 days

Explanation:

For computing the days' sales in inventory first we have to compute the inventory turnover ratio.

Inventory turnover ratio = Cost of goods sold ÷ average inventory

where,

Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2

= ($25,000+ $ 55,000 ) ÷ 2

= $40,000

And, the cost of good sold is $170,000

Now put these values to the above formula

So, the answer would be equal to

= $170,000 ÷ $40,000

= 4.25 times

Now days sales inventory = Total number of days in a year ÷ inventory turnover ratio

= 365 days ÷ 4.25 times

= 85.88 days

4 0

3 years ago

The management of Kawneer North America is considering investing in a new facility and the following cash flows are expected to

Over [174]

Answer:

6.34 years

Explanation:

Year Cash outflow Cash inflow Net cash flow Cumulative cash flow

1 ($1,900,000) $95,000 ($1,805,000) ($1,805,000)

2 ($550,000) $205,000 ($345,000) ($2,150,000)

3 $360,000 $360,000 ($1,790,000)

4 $485,000 $485,000 ($1,305,000)

5 $510,000 $510,000 ($795,000)

7 $595,000 $595,000 $395,000

8 $305,000 $305,000 $700,000

9 $255,000 $255,000 $955,000

10 $250,000 $250,000 $1,205,000

Payback period = 6 + 200,000/ 595,000

Payback period = 6 + 0.3361345

Payback period = 6.336134

Payback period = 6.34 years

So, the payback period of this uneven cash flow is 6.34 years.

3 0

3 years ago

A perfectly competitive firm facing a price of $10 decides to produce 100 widgets. If its marginal cost of producing the last wi

IrinaK [193]

Answer:

To maximize the profit the firm should produce fewer widgets because, as the number of widget production increases the marginal cost of producing widgets increases.

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3 years ago

you have 20 cookies with the ratio is 2 chocolate chip for every 3 sugar. how many cans will be in each group?

Semmy [17]

8 choc chip and 12 sugar

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3 years ago

The adjusted trial balance of Blossom Company at December 31, 2019, includes the following accounts: Common Stock $17,200, Divid

kap26 [50]

Answer:

Explanation:

Before preparing the retained earning statement, first we have to compute the closing balance of retained earning which is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $7,900 + $13,500 - $7,000

= $14,400

The statement of retained earnings is presented in the spreadsheet. Kindly find the attachment below:

4 0

3 years ago