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Otrada [13]
3 years ago
7

This question explores the calculation of the unemployment rate. You will be provided some imperfect employment data for four di

fferent countries and asked to identify the unemployment rate. Task 1: The population of Asartaland is 95. Of these 95 individuals, 75 are in the labor force and 65 are employed. What is the unemployment rate in Asartaland
Business
1 answer:
Alik [6]3 years ago
7 0

Answer:

Unemployment rate= 0.13= 13%

Explanation:

Giving the following information:

Of these 95 individuals, 75 are in the labor force and 65 are employed.

<u>To calculate the unemployment rate, we need to use the following formula:</u>

<u></u>

Unemployment rate= unmeployed population / labor force

Unemployment rate= 10/75

Unemployment rate= 0.13

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What was the result on appeal in the Case Opener involving the claim that Michael Jordan owed $5 million based on his agreement
Stolb23 [73]

Answer:

Sometimes our justice system can really surprise us. How can a person sue another individual based on arguments that are known to be false? Shouldn't the courts just say no to this kind of lawsuits?

It's plain common sense that the court would dictate that the agreement should be annulled or rescinded based on the mother's fraud attempt or maybe mutual mistake between Michael Jordan and her. Even if they were both convinced that he was the father, after it was proven that he wasn't, the court shouldn't have even wasted its time (and taxpayers money) with this case.

6 0
3 years ago
In the early 2000’s, there were a series of well publicized events that effected the credibility of the accounting profession.Th
kolezko [41]

Answer:

The correct answer is Public Company Accounting Oversight Board.

Explanation:

The Sarbanes Oxley Law was enacted in the United States with the purpose of monitoring companies that are listed on the stock exchange, preventing the valuation of their shares from being altered doubtfully, while their value is lower. Its purpose is to avoid fraud and bankruptcy risk, protecting the investor.

This law, beyond the local level, also involves all companies listed on the NYSE (New York Stock Exchange), as well as its subsidiaries.

This law arose in response to the financial scandals of large corporations, such as: Enron, Tyco International, WorldCom and Peregrine Systems, as these diminished the public's confidence in the accounting systems and, above all, in the audit.

4 0
3 years ago
Flow of Accounts into Financial StatementsThe balances for the accounts that follow appear in the Adjusted Trial Balance columns
Drupady [299]

Answer:

Explanation:

The income statement records only revenues and the expenses during a given period of time

The balance sheet records the assets, liabilities and the stockholder equity

Where

The current assets comprise cash, stock, account receivable, etc

Fixed assets involve plant & machinery, land, building, equipment, furniture & fittings, etc.

And, the intangible assets include patents, copyrights, trademark, and other intellectual properties.  

The current liabilities include the wage payable, account payable, unearned rent, etc

The stockholder equity represents the capital account

So, the categorization is shown below:

1. Accounts Payable = Balance sheet in a current liabilities side  

2. Depreciation Expense = Income statement in the debit side  

3. Nat Hager, Capital (beginning of period) = statement of owner's equity

4. Office Equipment = Fixed assets in the balance sheet

5. Rent Revenue = Income statement on the credit side

6. Supplies Expense =  Income statement in the debit side  

7. Unearned Rent = Balance sheet in a current liabilities side  

8. Wages Payable = Balance sheet in a current liabilities side  

4 0
3 years ago
At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing tha
KatRina [158]

Answer: $12

Explanation:

In selling the obsolete goods, the company will incur Variable Marketing costs and the alternative will be to throw the goods away.

The relevant costs they will incur are therefore the Variable Marketing costs alone.

The lowest amount that a company should accept for a good is the price that equals it's cost so that they may at least Break-Even.

Seeing as the Variable Marketing Costs are the only relevant cost then the lowest they should accept is the Variable Marketing Costs of $12.

7 0
2 years ago
True or false: The many legal barriers in place around the world makes it difficult to buy securities from foreign companies.
Margarita [4]

Answer:

false

Explanation:

thanks to expanded communications and the relaxation of many legal barriers, investors can buy securities from companies anywhere in the world.

6 0
1 year ago
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