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icang [17]
3 years ago
5

A country has a noninstitutionalized population of 243 million people. out of that number, 38 million are under the age of 16 70

million are full-time students and retirees 8 million are unemployed workers 31 million are underemployed 96 million are employed full-time what is the labor force participation rate? round to the nearest whole percentage.
Business
1 answer:
rosijanka [135]3 years ago
3 0

Answer:

The answer is 60%

Explanation:

Labor force is the total number of people that have job(employed) and the number of people who are willing, able and actively searching for job(unemployed) in a population.

Labor force participation rate is calculated by dividing the labor force by the noninstitutionalized population.

Labor force = employed + underemployed + unemployed

= 96 + 31 + 8

=135 million

So we have:

(135 ÷ 243) x 100 percent.

60% (the nearest whole percentage)

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Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days
Softa [21]

Answer:

He should reorder when he is left with 200 hammers.

Explanation:

Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.

Reorder point =  Safety Stock + (Average daily usage of units * Average lead time in days )

Reorder Point = 0 + (100 hammers * 2 days)

Reorder Point = 200

8 0
2 years ago
The ratio of an insurance company's net profit to policyholders' surplus is called
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I don't know the answer. I just want you to know that. Good day mate.
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3 years ago
"A forklift will last for only 2 more years. It costs $5,000 a year to maintain. For $20,000 you can buy a new lift that can las
BabaBlast [244]

Answer:

a. $2,465.82

b. $3,539.68

c. Yes, we should

Explanation:

Annual cost to maintain old forklift is $5,000

Equivalent Annual Cost (EAC) of new forklift = (Asset price x discount rate)/(1-(1+discount rate)-n), in which n is the number of year for usage of this forklift?

If discount rate is 4% per year, the EAC of new forklift is $2,465.82  

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If discount rate is 12% per year, the EAC of new forklift is $3,539.68  

= ($20,000x12%)/(1-(1+12%)-10)

We should replace because with such above discount rate, the old forklift is more costly than the new one

5 0
3 years ago
The two dimensions of the competing values framework are
Wewaii [24]

Answer: The two dimensions of the competing values framework are the internal focus and imagination and the flexibility and discretion.

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4 0
3 years ago
The CEO would like to see higher sales and a forecasted net income of $2,500,000. Assume that operating costs (excluding depreci
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Answer:

The answer is  $11.904.762  

There an assumption about Depreciation, Amortization and Interest, it says increase by 10% over which there is no data to calculate,so It's used 10% of sales.

Explanation:

Income Statement  

Sales  $11.904.762  

Cost of goods sold -$6.547.619  

Gross Profit  $5.357.143  

depreciation, amortization and Interest -$1.190.476  

Net Income BEFORE Taxes $4.166.667  

Tax RATE 40%  -$1.666.667  

Net Income after Taxes  $2.500.000  

7 0
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