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Oksanka [162]
2 years ago
13

Which of the following individuals would NOT be considered part of the labor force? a. Aileen, who is a full-time student workin

g part-time b. Lisa, who is working part-time but wants to be working full-time c. Kimberly, who has retired from the military and now works at the post office d. Charles, who is in the Marines and is currently deployed to Iraq e. Thomas, who is unemployed but has given up searching for a job
Business
1 answer:
GrogVix [38]2 years ago
3 0

Answer:

e. Thomas, who is unemployed but has given up searching for a job

Explanation:

The term "labor force" refers to people in an economy that are either employed or unemployed and searching for employment.

From the options provided, Thomas is the only one who is not employed and not looking for a job hence, he should not be considered as part of the labor force.

You might be interested in
According to the "Marketing and Selling Travel: The customer," people travel for business, for meetings, conventions, and semina
kenny6666 [7]

Answer:

MICE; GIT; FIT

Explanation:

Meetings, Incentives, Conferencing & Exhibitions.

The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, which is a big moneymaker in the travel industry.

Group Inclusive Tour

It is a travel program with a special fare and specific requirements usually a minimum number of persons often more than 5 persons traveling as a group throughout the tour.

Foreign Independent Tour

Though somewhat of a misnomer, an FIT is any customized independent tour arranged by a travel agent.

3 0
3 years ago
Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 –$ 343,000 –$ 50,000 1 52,000 24,700
AURORKA [14]

Answer:

The payback period for each of the project is - project A = 3.33 and project B = 2.13

Explanation:

First of all the payback period means the amount of time it would take for  a company to recover its initial cost or investment which it has invested in the project .

<u>Calculating the payback period for project A</u>

Year   Cash flow      Cumulative    Discounting     Present    Discounted

                                 cash flow        factor              value        cumulative flow

( NOTE - Formula used for discounting factor = 1 / (1 + i)^n, where i = 16% which is the rate of return on the investment and n is the number of years.)

0   -$343,000       -$343,000          1                  -$343,000         -$343,000

1     $52,000         -$291,000          .86206         $44,828           -$298,172

2    $72,000          -$219,000         .74314            $53,508         -$244,665

3    $72,000          -$147,000         .64063            $46,127         -$198,537

4    $447,000         $300,000        .55226           $2,46,874        $48,337

Now we will in which year the cash flow was last negative and then in that we will add ( cumulative cash flow of the year it was last negative / cash flow of the next period ).

= 3 + $147,000 / $447,000

= 3.33 ( payback period for project A )

<u>Calculating the payback period for project B</u>

Year   Cash flow      Cumulative    Discounting     Present    Discounted                                                              

                                   cash flow       factor              value         cash flow

0        -$50,000         -$50,000         1                   -$50,000    -$50,000

1          $24,700          -$25,300         .86206        $21,293       -$28,707

2         $22,700          -$2600            .74314          $16,869      - $11,838

3         $20,200          $17,600           . 64063        $12,941        $1013

4         $15,300           $32,900          .55226         $8,450        $9463

Now we will in which year the cash flow was last negative and then in that we will add ( cumulative cash flow of the year it was last negative / cash flow of the next period ).

= 2 + 2600 / 20,200

= 2.13 ( payback period for project B)

3 0
3 years ago
Tried and True’s accountant suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Zigmanuir [339]

Answer:

a. Blacksburg

b. Blacksburg

Explanation:

a. Productivity is measured by how much output is derived per input.

= Output/Input

= Sales Volume/Labor Hours

Annandele = 40,000/250

= $160 per hour

Blacksburg = 12,000/60

= $200 per hour

Charlottesville = 60,000/500

= $120

Danville = 25,000/250

= $100

<em>Blacksburg</em><em> is most productive at $200 per labor hour. </em>

<em />

b. Multifactor productivity would incorporate the other costs such as labor rate and rent.

= Sales volume / ( Rent + Labor cost)

Annandale = 4,0000/ (2,800 + 250 * 10)

= $7.5

Blacksburg = 12,000 / (1,200 + 60 * 7.25)

= $7

Charlottesville = 60,000/ ( 2,000 + 500 * 8)

= $10

Danville = 25,000 / ( 800 + 200 * 7.50)

= $10.86

<em>Blacksberg</em><em> is least productive using Multifactor so should be closed down. </em>

7 0
3 years ago
Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of $77,000. Purchases of inven
SVETLANKA909090 [29]

Answer:

Refer explanation

Explanation:

1. Purchase of Inventory ($302000)

This transaction has occurred on account which means that payment was not made immediately but would be made at a future date, thus a creditor to the business.

Debit : Purchases account : $302000

Credit : Accounts Payables account : $302000

2. Sale of inventory ($504000)

The sale of inventory requires two separate transactions. The sale is accounted and along with this, the amount of inventory sold would also have to be accounted as an asset reduction.

A. To reduce inventory:

Debit : Cost of Sales account : $327000

Credit : Inventory account : $327000

B. Record the sale:

Debit : Accounts Receivables account : $504000

Credit : Sales account : $504000

This too is a sale on account which means that a debtor has been incurred who will pay for the sale at a later date.

3 0
3 years ago
The Waltham System
erastovalidia [21]

Answer:

Option A                

Explanation:

The Waltham-Lowell method was a labor and manufacturing paradigm implemented in the U.s during the growth of the textile industry, especially in New England, in the broader context of the initial 19th century rapid growth of the Industrialisation.

The program utilized regional labor, sometimes linked to as mill girls, who went from small towns to the fresh textile facilities to make more money than they might at home to live an educated life in "the town." Their lives were very structured-they lived in boarding houses for the corporation and were carried to stringent hours and a value system.

8 0
3 years ago
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