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Answer:
(a)
Common pace of joblessness is a mix of auxiliary and frictional joblessness.
Basic Unemployment: Occurs contribution to modern rearrangement or innovative change.
Frictional Unemployment: When individuals are in the middle of occupations for example the way toward moving from one occupation to other.
On the off chance that an enactment making it progressively hard for the organizations to terminate laborers is presented, at that point despite the fact that the activity discovering rate will stay consistent, the consistent state joblessness will stay steady. Less individuals will stay jobless at a specific time.
(b)
The activity discovering rate will change provided that prerequisite of a severance bundle will build the expense of work. This implies the business will most likely decrease the pace of contracting which will along these lines increment the pace of joblessness. Subsequently, the enactment would diminish the activity discovering rate.
(c)
The expense of contracting will increment if an enactment like this is passed. The enactment presents the idea of severance bundle for terminated laborers. This expands the expense of employing for the firm. Along these lines, the business will diminish the employing to decrease the expenses. This will diminish the business rate in a nation which will make a higher regular pace of joblessness.
Answer:
No of units manufactured = No. of units sold + Closing units - Opening units
= 24000 + 21600 - 18000= 27600
Total selling expenses for february:
1. Sales commission = $ 700000 * 5% = $ 35000
Sales manager salary = $ 96000
Advertisement = $ 90000
Shipping charges = $ 14000
Misc selling expenses = $ 2500 + $ 3500 = $ 6000
Total selling expenses = $ 6000 +$ 14000 $ 90000 + $ 96000 + $ 35000 = $ 241000
Explanation:
Answer: The correct answer is choice d.
Explanation: The main source of profits for financial institutions is the interest that it receives on money that it loans out. More specifically, the difference between interest paid on deposits and interest received on loans. The other choices do represent revenue streams for financial institutions, but they are not the primary ones.
Answer:
The journal entries are shown below:
Explanation:
The journal entries are as follows
On June 12
Cash $300,000
To Paid-In Capital in Excess of Par- Common Stock $220,000
To Common Stock $80,000 (80,000 shares × $1)
(Being the issuance of the common stock is issued and the remaining balance is credited to the paid in capital)
On July 11
Cash $318,000 (3,000 shares × $106)
To Preferred Stock $300,000 (3,000 shares × $100)
To Paid-In Capital in Excess of Par - Preferred Stock $18,000
(Being the issuance of the preferred stock is issued and the remaining balance is credited to the paid in capital)
On Nov 28
Treasury Stock $9,000
To Cash $9,000
(Being the treasury stock is purchased)
