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4 years ago

The labor-force participation rate tells us the fraction of the population that has chosen to participate in the labor market.

1 answer:

7 0

The statistic of the labor-force participation rate shows the number of people participating in the work force as either actively employed or looking for work, as opposed to those who are not employed and are not seeking work. Another way of thinking about it is that it shows us how many people are available in the work force.

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On January 1, James Industries leased equipment to a customer for a five-year period, at which time possession of the leased ass

nexus9112 [7]

Answer:

James Industries

The amount of the annual lease payments is:

= $207,878.86.

Explanation:

a) Data and Calculations:

Cost of equipment = $830,000

Normal sales price = $830,000

Residual value after 5 years = $200,000

Interest rate = 8%

Lease period = 5 years

From an online financial calculator:

Loan Amount 830000

Loan Term 5 years

Interest Rate 8

Results:

Payment Every Year $207,878.86

Total of 5 Payments $1,039,394.29

Total Interest $209,394.29

Lease Payment Schedule:

Period PV PMT Interest FV

1 $830,000.00 $-207,878.86 $66,400.00 $-688,521.14

2 $688,521.14 $-207,878.86 $55,081.69 $-535,723.98

3 $535,723.98 $-207,878.86 $42,857.92 $-370,703.04

4 $370,703.04 $-207,878.86 $29,656.24 $-192,480.42

5 $192,480.42 $-207,878.86 $15,398.43 $0.00

6 0

3 years ago

A target income refers to: ?a. income at the break-even point.?b. income from the most recent period.?c. income planned for a fu

Shkiper50 [21]

The target income refers to the income planned for the future. The answer is letter C. This type of income is expected by the management at a given specified accounting period. This now would direct the key functions of the management in relation to the action that it will do to achieve the certain income.

5 0

4 years ago

The departmental patriarch spent his last years at the university developing and promoting a Student Portfolio Project that requ

valentinak56 [21]

Answer:

D, starvation

Explanation:

Starvation can be defined as the deprivation of a certain thing till it leads to death. More often than not, starvation has majorly been synonymous with suffering as a result of lack of food.

In the above question, as soon as the patriach died, the Student portfolio project started to starve. It lacked continuos push and effort like the patriach did.

Cheers.

3 0

3 years ago

Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $ 5,870,000

Elenna [48]

Answer:

$2.80 per chair

$2.25 per table

Explanation:

If cost is assigned at a rate based on direct labor hours, the total disposal cost for chairs and tables is, respectively:

$D_c=\frac{254,000}{16,400+254,000}*\$630,000=\$591,789.94\\D_t=\frac{16,400}{16,400+254,000}*\$630,000=\$38,210.06\\$

The respective disposal cost per unit is:

$C = \frac{\$591,789.94}{211,000}=\$2.80/chair\\ T=\frac{\$38,210.06}{17,000}=\$2.25/ table$

5 0

3 years ago

Read 2 more answers

The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $17,750. The bank statement indicated a balance of $

omeli [17]

Answer:

The bank reconciliation statement is as shown below:

Amount in $

Balance per bank statement 33,650.00

Deposit in transit 9,150.00

Outstanding check (17,865.00)

Bank charges 80.00

Note collected (6,095.00)

Returned check (540.00)

Check drawn (630.00)

Book balance  17,750.00

Explanation:

Deposit in transit has been recorded in the books, thus the addition to the bank balance. Bank charges have been deducted from the bank balance but not in the cash book hence it is added back. Note collected is yet to be recognized in the books hence the deduction from the bank balance.

Amount recorded from the check returned is more than the actual by $540 hence the deduction. The check drawn has been over charged by the bank to the tune of $630 hence the deduction.

5 0

4 years ago