Answer:
Frictional unemployment cannot by itself explain the fact that the late 2010s saw more job openings than unemployed workers.
Instead, frictional unemployment points to the fact that some people are unemployed because they are just entering the labor market for the first time after a long period of absence.
Explanation:
As a part of natural unemployment, frictional unemployment arises when workers search for new jobs or transition from one job to another. During economic recession, there is no increase in frictional unemployment. Typical examples of frictional unemployment are caused by graduating students who join the labor force and are unemployed until they find work and parents who rejoin the workforce after taking sometime to stay at home and raise their children.
Answer:
Explanation:
A bank examiner is highly trained professional who has the mandate of making sure that financial transactions in a bank, such as issuance of loans and savings are carried out legally and in accordance to the laws and regulations of the government. He/she has a duty of checking whether the bank has complied with consumer protection laws to ensure the welfare of their customers. With these responsibilities, the examiner needs to be proficient with these laws , procedures and regulations
Answer:
19.07%
Explanation:
The computation of the total compound return over the 3 years is shown below:
= (1 + investment percentage earned in first year) × (1 + investment percentage earned in second year) × (1 + investment percentage loss in second year)
= (1 + 0.35) × (1 + 0.40) × (1 - 0.37)
= 1.35 × 1.40 × 0.63
= 1.1907
= 19.07%
Answer:
1a. Payback period = <u>Initial outlay</u>
Annual cost saving
= <u>$484,500</u>
$85,000
= 5.7 years
b. The equipment should not be purchased because it has a longer payback period than the company's required payback period.
2a. $
Annual cost saving 85,000
Less: Depreciation <u>40,375</u>
Annual profit <u>44,625</u>
Simple rate of return = <u>Annual profit</u> x 100
Initial outlay
<u>$44,625</u> x 100
$484,500
= 9.21%
Depreciation = <u>Cost - Residual value</u>
estimated useful life
= <u>$484,500 - 0</u>
12 years
= $40,375 per annum
2b, The equipment should not be purchased because the simple rate of return is lower than the company's required rate of return.
Explanation:
Payback period is the ratio of initial outlay to annual cost saving. It is the period in which the initial outlay is recouped.
Simple rate of return is the ratio of annual profit to initial outlay. It measures the rate of return on capital invested.
The following statements is correct a) Brenda and John would claim Ben as a qualifying child unless they both choose not to claim their son as a qualifying child.
<h3>What is a qualifying child?</h3>
A Qualifying Child is a child who satisfies the IRS requirements to be your dependent for tax objectives. Though it does not have to be your youth, the Qualifying Youth must be related to you. If someone is your Qualifying Child, then you can proclaim them as a dependent on your tax retrieval.
<h3>What age qualifies as qualifying child?</h3>
To meet the qualifying child test, your child must be more youthful than you and either younger than 19 years old or be a "learner" younger than 24 years old as of the end of the calendar year. There's no age limit if your child is "always and totally disabled" or meets the qualifying comparative test.
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