Answer: Option (E) is correct.
Explanation:
Given that,
U.S. population = 300 million
Individuals classified as unable to work = 70 million
Individuals classified as unwilling to work = 80 million
Unemployed = 14 million
Labor force = U.S. population - Individuals classified as unable to work - Individuals classified as unwilling to work
= 300 million - 70 million - 80 million
= 150 million
Unemployment rate = 
= 
= 9.3%
Answer:
$ 2,209,797.96
Explanation:
Given:
Salary = $100,000
Salary investment rate = 13%
Salary increase rate(g) = 5%
number of year = 25
Annual rate of return(i) = 11%
Calculation:
Salary invested = $100,000*13% = $13,000
calculation of present worth
![P=A[\frac{1-(1+g)^n(1+i)^{-n}}{i-g}] \\P=13000[\frac{1-(1+0.05)^{25}(1+0.11)^{-25}}{0.11-0.05}] \\P=13000[\frac{1-(1.05)^{25}(1.11)^{-25}}{0.06}] \\P=13000[\frac{1-(3.386354)(0.073608086)}{0.06}]\\\\P=13000[\frac{1-0.249263}{0.06}]\\\\ P=13000[12.5122827]\\\\\\P= 162,659.675](https://tex.z-dn.net/?f=P%3DA%5B%5Cfrac%7B1-%281%2Bg%29%5En%281%2Bi%29%5E%7B-n%7D%7D%7Bi-g%7D%5D%20%5C%5CP%3D13000%5B%5Cfrac%7B1-%281%2B0.05%29%5E%7B25%7D%281%2B0.11%29%5E%7B-25%7D%7D%7B0.11-0.05%7D%5D%20%5C%5CP%3D13000%5B%5Cfrac%7B1-%281.05%29%5E%7B25%7D%281.11%29%5E%7B-25%7D%7D%7B0.06%7D%5D%20%5C%5CP%3D13000%5B%5Cfrac%7B1-%283.386354%29%280.073608086%29%7D%7B0.06%7D%5D%5C%5C%5C%5CP%3D13000%5B%5Cfrac%7B1-0.249263%7D%7B0.06%7D%5D%5C%5C%5C%5C%20P%3D13000%5B12.5122827%5D%5C%5C%5C%5C%5C%5CP%3D%20162%2C659.675)
Answer:
$2891
Explanation:
If chine reduces his federal income deductions from 12% to 11%, the new federal income tax will be as below.
11% of $3500
= 11/100 x 3500
=0.11 x 3500
=$385.
Total deductions after this change will be
=$385 + $95 + $89 + $40
=$609
Net pay
=$3500- $609
=$2,891
<u>Full question:</u>
Margie opened a used bookstore and is both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts?
A. sole proprietorship
B. limited partnership
C. corporation
D. joint stock company
E. general partnership
<u>Answer:</u>
sole proprietorship type of business entity Margie own if she is personally liable for all the store's debts.
<u>Explanation:</u>
The sole proprietorship is not a lawful thing. It solely applies to a character who holds the firm and is individually answerable for its shares. They can operate subsequently the title of its master or it can run the company under a counterfeit name.
They are the most obvious design of business to build or practice alone, due to a lack of management law. As such, these kinds of businesses are extremely familiar among individual masters of companies, personal self-contractors, and counselors.
Here she is going to be owner and manager so she can choose sole proprietorship where no government formalities are there and she can be answerable to her is sufficient.
Answer:
$3,400 Increase
Explanation:
Computation to determine what will be the effect on net income
Using this formula
Effect on net income = Units ordered * (Special price - Variable cost)
Let plug in the formula
Effect on net income = 1700 * [$15- ($12+$1)]
Effect on net income = 1700 * ($15 -$13)
Effect on net income = 1700 *$2
Effect on net income = $3,400 Increase
Therefore If the special order is accepted, what will be the effect on net income will be $3,400 Increase
