Answer:
230 million
Explanation:
The labour force of a country is made up of those that are employed and those that are willing to work (that is looking for employment).
It indicates the total number of people that's willing and able to work in an economy.
In the given scenario total population is 500 million. The people under 16 or institutionalised are not considered part of labour force as legal working age is 18 years.
The number of people not in labour for is 150 million. This is also deducted from total population.
Labour force = 500 - 150 - 120 = 230 million
The primary purpose of the Statement of Cash Flows is d) to provide information about a firm's cash inflows (receipts) and outflows (payments).
Social capital is goodwill (positive feelings/friendly or helpful attitudes you develop over time) stemming from your relationships.
Answer:
$20 debit to long-term debt, $20 credit to interest expense
Explanation:
Based on the information given the eliminating entry that will affect the long-term debt and interest expense is to DEBIT LONG-TERM DEBT with the amount of $20 and CREDIT INTEREST EXPENSE with the amount of $20
Debit long-term debt $20
Credit Interest expense $20
Calculated as:
Fair value of S Company's long-term debt/Remaining life at the date of acquisition
=$100/5years
=$20
Answer:
No
Explanation:
Fair market value of Mary's property = $16,900,000. Six months after Mary's death in 2018, the fair market value is = $16,900,000. Fair value has increased on alternate valuation date. The executor of Mary's estate cannot elect the alternate valuation date and amount as the election does not result in reduction in fair value of gross estate.
