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Westkost [7]
3 years ago
15

Of the people described below, who would be counted as unemployed? Choose one or more: A. a 55-year-old steel worker who was lai

d off 18 months ago and has given up trying to find a job B. an able-bodied 53-year-old who took an early retirement package from her employer C. a full-time college student who plans to look for a job after graduation D. a student who quit college to look for a modeling job in New York E. a 17-year-old single parent who has just been laid off and is looking for a new job F. a newly graduated Ph.D. who could not find a teaching job and is driving a taxi G. a second lieutenant in the U.S. Army
Business
1 answer:
SCORPION-xisa [38]3 years ago
3 0

Answer:

E. a 17-year-old single parent who has just been laid off and is looking for a new job

D. a student who quit college to look for a modeling job in New York

Explanation:

who <u>would </u>be counted as unemployed?

The unemployed rate only considers unemploye people in the labor force who is actively looking for a job  currently.

<u>A and C:</u> As this lady cease to looking for a job it will not be considered part of the labor force same case for the student. Is not part of the labor force as it not looking for a job right now,

<u>F and G: </u>these people are employeed so count as employees.

B. an able-bodied 53-year-old who took an <u>early retirement</u> package from her employer  Is retired and we aren't given with the information is looking for a job. So, it will not count as unemployeed

D and E are both willing to work and are looking actively for a job.

Thus, they count as unemployed.

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Retained earnings $52,000 Accounts Payable $15,000 Supplies 37,000 Common stock 25,000 Equipment 72,000 Note payable (due in 18
Naddika [18.5K]

Answer:

$22,000

Explanation:

Current liabilities are debts that a company must pay within a twelve month period.

This company's current liabilities are:

  • Accounts payable  $15,000
  • Interest payable  $7,000

Total current liabilities = $15,000 + $7,000 = $22,000

Since the note payable is due in 18 months, it is not considered a current liability.  

8 0
3 years ago
Mannarelli Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the mon
Serjik [45]

Answer:

$ 5.34

Explanation:

Calculation for cost per equivalent unit for conversion costs for September

First step is to find the Equivalent units of production

To complete beginning work-in-process:

Conversion 12,000

[15,000 units × (100%-20% )]

Units started and completed 65,000

(89,000-24,000)

Ending work-in-process

Conversion 21,600

(24,000 units × 90%)

Equivalent units of production 98,600

Second step is to calculate the Cost per equivalent unit using this formula

Cost per equivalent unit =Cost added during the period ÷Equivalent units of production

Let plug in the formula

Cost per equivalent unit = $526,524÷98,600

Cost per equivalent unit = $5.34

Therefore The cost per equivalent unit for conversion costs for September is closest to $ 5.34

7 0
3 years ago
"Makers Corp. had additions to retained earnings for the year just ended of $213,000. The firm paid out $183,000 in cash dividen
yuradex [85]

Answer:

Dividends per share is $1.66

Book value per share is $44.36

Market-to-book ratio is 1.42

Price-earnings ratio is 32.54

Price-sales ratio is 1.97

Explanation:

1 ) What are dividends per share?

Dividends per share = cash dividends/ number of shares = $183,000/ 110,000 = $1.66

2) What is the book value per share?

Book value per share = total equity/ number of shares = $4,880,000 / 110,000 = $44.36

3) If the stock currently sells for $63 per share, what is the market-to-book ratio?

Market-to-book ratio = $63/ $44.36 = 1.42

4) What is the price-earnings ratio?

The price of Makers Corp. = market price * number of shares = $63* 110,000 = $6,930,000

Price-earnings ratio = $693,000/ $213,000 = 32.54

5) If the company had sales of $3.52 million, what is the price-sales ratio?

Price-sales ratio = market price/ sales = $6,930,000/ $3,520,000 = 1.97

6 0
3 years ago
the accompanying diagram depict's alex's demand for shoes. a. if shoes cost $50 a pair, how many pairs of shoes will alex buy?
luda_lava [24]

If shoes cost $50 a pair, the number of shoes she would buy is 5.

<h3>How many shoes will she buy?</h3>

The image shown is a demand curve. A demand curve shows the relationship between price and quantity demanded. Price is on the y-axis and quantity demanded is on the x-axis.

In order to determine the quantity demanded, trace $50 to the curve and trace it down to the x axis.

Please find attached the diagram used in answering this question. To learn more about the demand curve, please check: brainly.com/question/25140811

#SPJ11

6 0
2 years ago
The distinction between a current asset and other assets: A. is based on the ability to determine the current fair value of the
Scorpion4ik [409]

Answer: is based on when the asset is expected to be converted to cash, or used to benefit the entity.

Explanation:

Also known as a Short-Term asset, a current asset is an item of value that a company can either use or sale within a period to gain cash to clear current liabilities. Current assets can easily be converted to cash by sales or use.

3 0
3 years ago
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