Answer:
$79,097
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as
Assets = Liabilities + Equity
While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
Hence in current year,
Total equity = $255,213 - $151,328
= $103,885
If retained earnings is $47,588 then common stock
= $103,885 - $47,588
= $56,297
Change to equity next year
= $55,000
Change to retained earnings
= $44,200 - $12,000
= $32,200
Hence change in common stock
= $55,000 - $32,200
= $22,800
Common stock balance
= $56,297 + $22,800
= $79,097
Answer: a. 24.05 million
b. 66.99%
c. 4.62 million
d. 19.21%
Explanation:
a. Total Labor force is the sum total of people who are employed and those who are actively looking for work. The Bureau of Labor Statistics defines actively looking for work as looking for work int he past 4 weeks.
= Part-time workers + full time workers + those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks
= 4.9 million + 14.53 million + 2.90 million + 1.72 million
= 24.05 million
b. labor force participation rate is the percentage of a country's non-institutionalized working age population that are actively looking for work. Its formula =
X 100
Laborland's labor force participation rate (%) =
X 100
= 66.99%
c. Unemployed People by the standards of the Bureau of Labor Statistics are the people who have looked for work in the past 4 weeks and are still employed. That is those who looked for work in the past 2 weeks + those who looked for work in the past 2 - 4 weeks.
= 2.90 million + 1.72 million
= 4.62 million
d. Unemployment rate is the percentage of the labor force that are actively looking for work and are still out of work.
Unemployment rate =
x 100
=
x 100
=19.21%
The appropriate response is the norm of reciprocity. It can be comprehended as the desire that individuals will react positively to each other by returning advantages for advantages and reacting with either impassion or antagonistic vibe to hurts. The social standard of correspondence frequently takes diverse structures in various ranges of social life, or in various social orders.
Answer:
Debit effect Credit effect Normal balance
a. Bonds payable Decrease Increase Credit
b. Unearned service revenue Decrease Increase Credit
c. Depreciation expense Increase Decrease Debit
d. Common stock Decrease Increase Credit
e. Building Increase Decrease Debit
f. Rent revenue Decrease Increase Credit
All assets, expenses increase with debits and decreases with credit and have a debit normal balance. All liabilities, revenue accounts and equity accounts (except dividends) have credit.