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kiruha [24]
3 years ago
13

Suppose that the # of Employed = 160 million, # of Unemployed = 10 million, and the Adult Civilian Population = 250 million. In

this case the labor force participation rate equals ______(# in %) and the Employment to Adult Civilian Population ratio equals _______ (# in %).
Business
1 answer:
PIT_PIT [208]3 years ago
8 0

Answer:

labor force participation rate = 68%

employment to adult civilian population ratio = 64%

Explanation:

total number of employed people = 160 million

total number of unemployed people = 10 million

total adult population = 250 million

total labor force = 170 million

labor force participation rate = total labor force / total adult population = 170 million / 250 million = 68%

employment to adult civilian population ratio = total number of employed people / total adult population = 160 million / 250 million = 64%

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Branch Corporation issued $12 million of commercial paper on March 1 on a nine-month note. Interest was discounted at issuance a
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Answer:

1                   Cash                                                     11,190,000

                      Discount on Note Payable                810,000

                       Note Payable                                          12,000,000

2-                 Interest Expense                                   810,000

                          Discount on Note Payable                    810,000

3-                  Note Payable                                       12,000,000

                           Cash                                                     12,000,000

Explanation:

In order to pass the Journal entry for issuance of Note Payable. First we need to calculate the Discount on issue of Bond Payable. The discount on note payable is calculated using the 12,000,000 x 9% x 9/12 = 810,000. In case of note payable is discount is interest expense for issuer hence on due corporation will pay full value of note to purchaser of note.

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