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3 years ago

Although not a goal of the unemployment insurance system, one effect is that the system reduces _________.

Business

1 answer:

serious [3.7K]3 years ago

7 0

Answer:

a. the rate of job finding.

Explanation:

The unemployment insurance system is a program managed by the federal and state governments to provide unemployment benefits to individuals who are unemployed and meet certain eligibility criteria.

Although not a goal of the unemployment insurance system, one effect is that the system reduces the rate of job finding.

However, the main goal of the unemployment insurance system is to reduce workers' uncertainty about their incomes.

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A-Rod Fishing Supplies had sales of $2,160,000 and cost of goods sold of $1,550,000. Selling and administrative expenses represe

lubasha [3.4K]

Answer:

The firm’s operating profit is $127,000

Explanation:

The operating profit i an element in the income statement obtained after the deduction of the operating expenses from the gross income. The gross income is the difference between the sales and cost of sales.

As such

Given;

sales = $2,160,000

Cost of goods sold = $1,550,000

Gross income = $2,160,000 - $1,550,000

= $610,000

Selling and administrative expenses = 10% × $2,160,000 = $216,000

Depreciation = 6% × $4,450,000 = $267,000

Operating profit = $610,000 - $216,000 - $267,000

= $127,000

6 0

3 years ago

Unidad de medida de la Frecuencia

Sunny_sXe [5.5K]

Answer:

no french speak

Explanation:

3 0

3 years ago

The village of Hempstead has been taking a look at the issue of responding to 911 calls. It is a small community and geographica

yuradex [85]

Answer:

$\bar X = \frac{17+12+9+16+14}{5}= 13.6min$

So then the best answer for this case would be:

a. 13.6 minutes

Explanation:

For this case we have the following data for the response rates:

17,12,9,16,14

And we want to calculate the mean response time for 911 calls in this village.

And for this case we use we can use the definition of sample mean given by:

$\bar X = \frac{\sum_{i=1}^n X_i}{n}$

Where n = 5 represent the sample size for this case. If we replace we got:

$\bar X = \frac{17+12+9+16+14}{5}= 13.6min$

So then the best answer for this case would be:

a. 13.6 minutes

The sample mean is an estimator unbiased of the population mean because:

$E(\bar X) = E(\frac{\sum_{i=1}^n X_i}{n}) = \frac{1}{n} \sum_{i=1}^n E(X_i) = \frac{n\mu}{n}= \mu$

For this reason is a good statistic if we want to see central tendency in a group of values.

8 0

3 years ago

Our company makes and sells a single product at the selling price of $97 per unit. In January, we upgraded our manufacturing fac

algol13

Answer:

d. We should accept the offer because it would increase our net operating income

Explanation:

A differential analysis only includes relevant costs. This means that only costs that are affected by the special order are considered. In this case, variable costs are the only relevant costs, since fixed costs will occur regardless of the acceptance or rejection of the special order. This special order will increase the company's operating profits by ($65 - $15) x 100 = $5,000

8 0

3 years ago

Myriad Solutions, Inc. issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2021, for $283,294,72

otez555 [7]

Answer:

The net amount of the liability Myriad would report in its balance sheet at December 31, 2021 is $287,524,896

Explanation:

First, we need to determine the amount of discount on the bond at the time of issuance

Discount on Bond = Face value - Issuance value = $320,000,000 - $283,294,720 = $36,705,280

June 30, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $283,294,720 x 12% ) - ( $320,000,000 x 10% ) = $33,995,366.4 - $32,000,000 = $1,995,366.4 = $1,995,366

Carrying value = $283,294,720 + $1,995,366 = $285,290,086

December 31, 2021

Now we will use the effective interest method to calculate the amortization of discount on the bond.

Amortization of Discount = ( Carrying Value x Market yield ) - ( Face value x Coupon rate ) = ( $285,290,086 x 12% ) - ( $320,000,000 x 10% ) = $34,234,810.32 - $32,000,000 = $2,234,810.32 = $2,234,810

Carrying value = $285,290,086 + $2,234,810 = $287,524,896

5 0

3 years ago