The unemployment rate equals 5.10 percent
What is unemployment rate?
Unemployment rate is the portion of the labor force in an economy who are unable to find jobs for living.
The unemployment rate is determined as the number of unemployed divided by the labor force, in other words, the unemployment rate is computed thus:
unemployment rate=unemployed/labor force
unemployed=7.8 million
labor force=153 million
unemployment rate=7.8 million/153 million
unemployment rate=5.10%
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Answer:
net cash provided by operating activities 60,000
Explanation:
net income 70,000
Change in working Capital
Increase Inventory (40,000)
Increase Account payable 30,000
Net change in working capital (10,000)
net cash provided by operating activities 60,000
The working capital is the current asset and current liabilities.
the dividend, bonds and mortgare are not operating activities.
the securities are considered cash.
Answer:
B
Explanation:
Money has several functions, one of its principal function is using it as unit of account. By comparing the amount in dollars spent on running a car yearly to annual earnings instead of keeping track in terms of gasoline cost and quarts of oil shows that money has been used as a unit of account.
This means that the amount of gasoline gallons bought and quarts of oil has been essentially replaced by the cost of these purchases and hence avail is the power to use money as a unit of account
Answer:
Jason's accountant should consider a single plantwide rate to correct the problem.
Explanation:
If a company manufactures products that consume factory overhead costs in different ways, a single plantwide rate may not accurately allocate factory overhead costs to the products and cause cost distortions. Cost distortions can cause companies to lose sales and make incorrect decisions on expanding production.
Answer:
It will take 2.73 years to cover the initial investment.
Explanation:
<u>The payback period is the time required to cover the initial investment:</u>
Year 1= 0 - 2,400= -2,400
Year 2= 1,600 - 2,400= -800
Year 3= 1,100 - 800= $300
<u>To be more accurate:</u>
(800/1,100)= 0.73
It will take 2.73 years to cover the initial investment.