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3 years ago

Of the people described below, who would be counted as unemployed? (multiple select)

Business

1 answer:

Radda [10]3 years ago

5 0

Answer: Who would be counted as unemployed are:

A student who quit college to look for a modeling job in New York.

A 17 year old single parent who has just been laid off and is looking for a new job.

Explanation:

Unemployment in the labor market, refers to the situation of the citizen who lacks employment and, therefore, salary.To exist, the unemployed person wish to work and accept the current wages that are being paid at any given time.The causes of this situation are multiple, resulting in different types of unemployment.

Societies also have an inactive population made up of those members of the population who are not willing to work, whether by studies, age, illness or any other legally established cause.

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Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike

ANEK [815]

Quick ratio is 1.47.

Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The quick ratio is an indicator of a company’s short-term liquidity position and measures a company’s ability to meet its short-term obligations with its most liquid assets.

Gross Profit 72000 67000

Operating expenses and interest expense 56000 53000,

Pretax Income 2200014000

Income Tax 3000 4000

Net Income 14000 10000

Balance sheet Year? Year

cash 4000 7000

Accounts Receive ab 114000 18000

Taventory 40000 34000,

Property & Equipment 45000 36000

Total Assets 302000 97000

Current Liabilities ‘i6000 4.7000

Long term Liabilities 5000 45000

Common stock 30000 30000

Retained Earnings 1120005000

Total Liabilities & Stock holders equity 10300037000,

L. Current Ratio = Current Assets / Current Liabilities

Year? Year

Current Ratio 36347

2.Quick Ratio

‘Current Assets - Inventory / Current Liabilities

Year? Year

Quick Ratio is 1.47

2.Profit Margin = Net profit /Sales

Year? Year

Profit Margin 737% 5.99%

Learn more about quick Ratio here

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4 0

2 years ago

For all of the following questions, refer to the following table, which gives financial information for Apple for fiscal year 20

taurus [48]

Answer:

a. 27.9%

Explanation:

The formula and the computation of the gross profit are shown below:

Gross profit = (Gross profit) ÷ (Sales) × 100

where,

Gross profit = $1,604

And, the sales revenue is $5,742

So, the gross profit is

= ($1,604) ÷ ($5,742) × 100

= 27.9%

By dividing the gross profit by the sales we can get the gross profit

3 0

3 years ago

Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 790,000 units are expecte

Mazyrski [523]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

790,000 units are expected to be produced taking 0.75 machine hours each.

We weren't provided with enough information to solve the requirement. But, I will give the formulas necessary to guide an answer and a small example.

First, we need to calculate the total amount of machine-hours required:

Total machine hours= 790,000*0.75= 592,500 hours.

Let us suppose that the estimated manufacturing overhead is $850,000.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 850,000/592,500= $1.44 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.44*0.75 hours= $1.08 per unit

5 0

4 years ago

"a ________ is an order to buy or sell a set number of securities immediately at the best price available."

inessss [21]

market order~~~~~~~~~~~~

5 0

3 years ago

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In Mesopotamia, the ownership of property and the specialization of trades and crafts made visual identification necessary. Imag

marin [14]

Answer:

Cylinder seals

Explanation:

The human species originated in Africa around 300,000 years ago, but the first civilization that modern archaeologists have discovered was located in Sumer, Mesopotamia, around 10,000 BC.

Mesopotamians invented agriculture, writing, art, culture and trade. One of the ways to control goods produced and traded was to trademark them with cylinder seals specially to mark items on clay. They used clay a lot, for writing, pottery and construction.

5 0

3 years ago

Read 2 more answers