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aleksandrvk [35]
2 years ago
6

According to the Bureau of Labor Statistics, you are considered to be unemployed if you have no job. True or false? True or fals

e?
Business
2 answers:
solmaris [256]2 years ago
5 0

Answer:

False.

Explanation:

You have to be without a job, but looking for employment.

Anestetic [448]2 years ago
4 0

Answer:

True

Explanation:

People who are jobless, looking for a job, or available for work are unemployed.

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Of the types of U.S. compliance laws, there are a number of laws that are designed to provide confidence in the markets. _______
Gala2k [10]

Answer:

The correct word for the blank space is: Shareholders.

Explanation:

A Shareholder is a person company or other entity that owns at least one share of company stock. Another word for <em>shareholder </em>is <em>stockholder</em>. When a shareholder buys a company stock provide them with funds to run and grow a business. The government is in charge of providing regulations to promote a safe environment in the market to promote investments from stockholders.

5 0
2 years ago
Which of the following is not an appropriate member of an audit committee?
Naya [18.7K]
It’s B, have a good day☀️
7 0
3 years ago
Which of the following correctly defines a​ product?
Alisiya [41]

Answer: Option C            

                           

Explanation: In simple words, a product refers to an entity that that could be tangible or intangible and is produced by the manufacturer for satisfying the wants of its customers.

Hence anything that is offered to the market and has the ability to satisfy the needs of specified individuals will be classified as a product.

Thus, the correct option is C.

7 0
2 years ago
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
Karo-lina-s [1.5K]

Answer:

Halifax Manufacturing

a. Record the actual sales return of merchandise sold prior to 2021.

Debit Refund Liability $328,000

Credit Accounts Receivable $328,000

To record actual returns for sales prior to 2021.

1b. Record the cost of merchandise returned for goods sold prior to 2021.

Debit Inventory $229,600

Credit Estimated Inventory Returns $229,600

To record the cost of merchandise returned for goods sold prior to 2021.

1c. Record the actual sales return of merchandise sold during 2021.

Debit Sales Returns $266,000

Credit Accounts Receivable $266,000

To record actual returns for the current year.

1d. Record the cost of merchandise returned for goods sold during 2021.

Debit Inventory $186,200

Credit Cost of Goods sold $186,200

To record the cost of goods returned for sales during the year.

1e. Record the year-end adjusting entry for estimated returns.

Debit  Sales Returns $591,700

Credit Refund Liability $591,700

To record sales returns adjusting entry for the current year.

1f. Record the adjusting entry for the estimated return of merchandise to inventory.

Debit Estimated Inventory Returns $414,190

Credit Cost of goods sold $414,190

To record the adjusting entry for the estimated inventory returns.

3. What is the amount of the year-end refund liability after the adjusting entry is recorded?

=  $623,700

Explanation:

a) Data and Calculations:

Refund liability (beginning balance) = $360,000

Sales = $12,100,000

Cost of merchandise = $8,470,000 (70% * $12,100,000)

Actual returns during the year = $594,000

Returns for prior years =               328,000

Returns for current year =            266,000

Estimated sales returns allowance = 5% for year-end adjusting entry.

Refund liability (beginning balance) = $360,000

Actual return for prior years =              (328,000)

Allowance for current year =                  591,700

Refund liability (ending balance)  =     $623,700

6 0
3 years ago
Hokey​ Min's Kleen Karpet cleaned 75 rugs in​ October, consuming the following​ resources: ​Labor: 520 hours at ​$17 per hour ​S
Lorico [155]

Answer:

(a) 0.0085 rugs per dollar.

(b) 0.0069 rugs per dollar.

Explanation:

We have been given that Hokey​ Min's Kleen Karpet cleaned 75 rugs in​ October, consuming the following​ resources: ​Labor: 520 hours at ​$17 per hour.

(a) To find the labor productivity per dollar, we will divide number of rugs by amount spent on labor.

\text{Amount spent on labor}=\text{520 hours}\times \frac{\$17}{\text{Hour}}=\$8,840

\text{Labor productivity per dollar}=\frac{75\text{ rugs}}{\$8,840}

\text{Labor productivity per dollar}=\frac{0.0084841628959\text{ rugs}}{\$}

\text{Labor productivity per dollar}\approx \frac{0.0085\text{ rugs}}{\$}

Therefore, the labor productivity is 0.0085 rugs per dollar.

(b) To find the multi-factor productivity, we will divide number of rugs by total cost or expenses.

\text{Cost of solvent}=100\text{ gallons}\times \frac{\$5}{\text{ gallons}}=\$500

\text{Machine rental}=20\text{ days}\times \frac{\$75}{\text{day}}=\$1500

\text{Total expenses}=\text{Labor cost+Solvent cost+Machine rental}

\text{Total expenses}=\$8,840+\$500+\$1500

\text{Total expenses}=\$10,840

\text{Multi-factor productivity per dollar}=\frac{75\text{ rugs}}{\$10,840}

\text{Multi-factor productivity per dollar}=\frac{0.006918819\text{ rugs}}{\$}

\text{Multi-factor productivity per dollar}\approx \frac{0.0069\text{ rugs}}{\$}

Therefore, the multi-factor productivity is 0.0069 rugs per dollar.

7 0
3 years ago
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