<u>Answer:</u>
The given statement is TRUE
<u>Explanation:</u>
It has always been seen that a worker always prefer to work in an organization in which he gets highly paid whereas if it is seen from the company point of view, then the company always prefers to hire such an employee whose cost is compartively lesser. In order to lower the expense or the cost, multinational companies always prefers to give or allocate thier work to other countries where the labor cost is low.
Answer:
a. Structurally unemployed.
b. Cyclically unemployed.
c. Frictionally unemployed.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Natural Rate of Unemployment (NU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Cyclical unemployment rate (CU).
a. Structurally unemployed: Lorenzo recently lost his job as a dishwasher. Minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.
b. Cyclically unemployed: Teresa is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full time job. A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
c. Frictionally unemployed: Neha just graduated from college and is looking for a full- time position with an investment banking firm.
Answer:
$ 70,000
Explanation:
Beginning plan assets = $ 325,000
Contribution to the plan = $ 130,000
Thus, the total assets available = $ 325,000 + $ 130,000 = $ 455,000.
Now,
The assets distributed = $150,000
Therefore,
the balance left after distribution = total assets available - assets distributed
or
the balance left after distribution = $ 455,000 - $ 150,000 = $ 305,000
Also,
the actual ending balance = $ 375,000
Hence, the difference of the balance left after distribution and the actual ending balance represents the return on plan assets.
therefore,
The return on plan assets = $ 375,000 - $ 305,000 = $ 70,000
Answer:
$ 0.61 per unit
Explanation:
The unit-of-activity method is one of the asset depreciation methods. Under this method, the depreciable cost of the asset is spread over the units produced. The formula is a more accurate measure of wear and tear.
In this case:
Depreciable cost=(purchase price -salvage value)
=$52000.00 -$3200.00
=$48,800.00
Depreciation per unit= Depricable cost / expected production
=$48,800/80000
=$ 0.61per unit
