Event by event so you know the schedule
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.
Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
Answer:
False.
Explanation:
When the investor does not have decision- making power in the business, his dividend payment process is not different from any other shareholder.
When profits are declared the company debits Retained Earnings (profits) for the divedend amount, and credited to Dividends Payable.
Dividend Payable is then debitted and Cash will be credited to show money has gone out.
Answer:
D. Sole proprietor's wages.
Explanation:
The owner of the business is the sole proprietor on the other hand sole proprietor is not an employee. Therefore he receives no salaries as he is the person who is an owner of any company or an organization. Any sum he takes from the company is considered to be withdrawn amount.
Hence, Sole Proprietor's wages are not listed in the ledger of the sole proprietor. So, the correct answer is D.
<h3>In the given scenario unemployment rate is 10%
</h3>
Explanation:
In the given problem,
Number of People who are working is 90,000
Number of People who are not working but looking and available is 10,000
Unemployment rate = Percentage of the total labor force that is unemployed but actively looking for employment and ready to work.
Unemployment rate = ((Unemployed people * 100) / (Total people in an economy (Working + Available for work)))
Unemployment rate = ((10000 * 100) / (90000+10000))
Unemployment rate = (1000000 / 100000)
Hence, Unemployment rate = 10%
