56.52% of the <span>total weeks of unemployment were attributable to the long-term unemployed
Explanation:
</span><span>There were 920 total weeks of unemployment
(52 week*10 people)+(4 weeks*100 people)
And 520 of those weeks were for long term unemployed
</span>520/920= <span>0.56521
or, rounded to be </span>56.52%
Answer:
Direct material used= $122,700
Explanation:
Giving the following information:
January 1 December 31
Inventories Raw materials inventory $6,700 $11,000
Activity during current year Materials purchased $127,000
<u>To calculate the direct material used, we need to use the following formula:</u>
Direct material used= beginning inventory + purchases - ending inventory
Direct material used= 6,700 + 127,000 - 11,000
Direct material used= $122,700
The rule of 72 says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72.
so in this equation we would use: 72/x=12 then you solve for X
X = 6%
So it would take approximately 6% ROI
Answer:
d. $76,920
Explanation:
Calculation to Determine the cost recovery deduction for 2019
Based on the information given we were told that they purchased a hotel building on May 2018 for the amount of $3,000,000 which means that to calculate the cost recovery deduction for 2019 we would be using 2.563 to multiply the cost of purchasing the hotel reason been that hotel building is a non residential property.
Hence,
Cost recovery deduction=2.563* $3,000,000
Cost recovery deduction=$76,920
Therefore the Cost recovery deduction will be $76,920