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SSSSS [86.1K]
3 years ago
15

A typical American worker covered by unemployment insurance receives _____ percent of his former wages for up to ________ weeks.

Business
1 answer:
erica [24]3 years ago
5 0

Answer:

correct answer is 50% and 26 weeks

Explanation:

solution

American worker wage replacement rate for the minimum wage worker is 50 percent of former wage

and weekly benefit  for the full time and full year worker earn minimum wage they not replace 50 percent of lost income

and worker  run out of benefit  prior to  standard that is 26 weeks

so correct answer is 50% and 26 weeks

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g Suppose Marcia's Manioc Farm is a non-price discriminating monopolist producing manioc and is producing its profit-maximizing
KatRina [158]

Answer: ambiguous

Explanation:

The profit will be calculated by subtracting the total cost from the total revenue. i.e. Profit = Total revenue - Total cost.

To know the value of the economic profit, the price is required but based on the information given in the question, the price was not given as we were given only the cost. There, in this case, the answer will be "ambiguous" as we do not have all the information required to solve the question.

7 0
3 years ago
Aldo has just been audited by the IRS. He does not agree with the agent's findings but believes that he has only two choices: pa
vivado [14]

Answer is given below :

Explanation:

  • In many audit disagreements that remain unresolved at the agent level, the taxpayer should consider the appeal to the Appeals Division.
  • Although it is part of the IRS, it has the power to resolve audit disputes. It has more settlement power than the agent.
  • In many cases, an agreement is reached in the appeals section, which can avoid an expensive and time consuming trial.
8 0
2 years ago
BrewCo sells coffeemakers for $120 each. The firm currently has variable costs per unit of $65. If BrewCo is able to reduce its
PolarNik [594]

Answer:

C. increase by about 6 percent.

Explanation:

Since,

\text{Contribution margin ratio}=\frac{\text{Sales-Variable expenses}}{\text{Sales}}

Sales = $ 120,

Original expenses = $ 65

Thus, contribution margin ratio = \frac{120-65}{120}=\frac{55}{120}=0.4583\approx 0.46

New expenses = $ 58,

Thus, contribution margin ratio = \frac{120-58}{120} = \frac{62}{120}=0.5166\approx 0.52

∵ 52 - 46 = 6,

Hence, the CMR is increased by 6%.

OPTION C is correct.

5 0
3 years ago
Adjusting Entries and Adjusted Trial Balances
Artist 52 [7]

Answer:

Emerson Company

1. Adjusting Journal Entries

Debit Insurance expense $2,190

Credit Prepaid Insurance $2,190

To record expired insurance expense for the year.

Debit Supplies expense $1,270

Credit Supplies $1,270

To record supplies expense for the year.

Debit Depreciation expense of building $2,950

Credit Accumulated depreciation - building $2,950

To record depreciation expense for the year.

Debit Depreciation expense of equipment $2,550

Credit Accumulated depreciation - equipment $2,550

To record depreciation expense for the year.

Debit Unearned rent $4,690

Credit Rent Revenue $4,690

To record rent earned for the year.

Debit Salaries and wages Expense $2,880

Credit Salaries and wages payable $2,880

To record accrued salaries and wages.

Debit Accounts receivable $16,910

Credit Fees earned $16,910

To record fees earned but unbilled.

2. Adjusted Trial Balance as of October 31, 20Y6

Emerson Company

Adjusted Trial Balance  as of October 31, 20Y6

                                                   Debit           Credit  

Cash                                         $3,930

Accounts Receivable              52,550

Prepaid Insurance                     4,450

Supplies                                        540

Land                                       104,800

Building                                269,090

Accumulated Depreciation—Building             $131,010

Equipment                            125,950

Accumulated Depreciation—Equipment          93,760

Accounts Payable                                                11,180

Salaries and Wages Payable                              2,880

Unearned Rent                                                    1,650

Suzanne Emerson, Capital                            285,400

Suzanne Emerson, Drawing 13,890

Fees Earned                                                    318,940

Rent Revenue                                                    4,690

Salaries & Wages Expense 182,890

Utilities Expense                  39,570

Advertising Expense             21,140

Repairs Expense                   16,010

Miscellaneous Expense        5,740

Insurance Expense                2,190

Supplies Expense                  1,270

Depreciation Exp. Building  2,950

Depreciation Exp. Equip.     2,550

Totals                              $849,510            $849,510

Explanation:

a) Data and Calculations:

Emerson Company

Unadjusted Trial Balance  as of October 31, 20Y6

                                                   Debit           Credit  

Cash                                         $3,930

Accounts Receivable              35,640

Prepaid Insurance                     6,640

Supplies                                       1,810

Land                                       104,800

Building                                269,090

Accumulated Depreciation—Building           $128,060

Equipment                            125,950

Accumulated Depreciation—Equipment           91,210

Accounts Payable                                                11,180

Unearned Rent                                                   6,340

Suzanne Emerson, Capital                           285,400

Suzanne Emerson, Drawing 13,890

Fees Earned                                                 302,030

Salaries & Wages Expense 180,010

Utilities Expense                  39,570

Advertising Expense             21,140

Repairs Expense                   16,010

Miscellaneous Expense        5,740

Totals                              $824,220          $824,220

Adjustments:

Prepaid Insurance balance = $4,450

Insurance expense = $2,190 (6,640 -4,450)

Supplies balance = $540

Supplies expense = $1,270 (1,810 - 540)

Depreciation expense of building = $2,950

Accumulated depreciation - building = $131,010 (128,060 + 2,950)

Depreciation expense of equipment = $2,550

Accumulated depreciation - equipment = $93,760 (91,210 + 2,550)

Unearned rent = $1,650

Rent Revenue = $4,690 (6,340 - 1,650)

Salaries and wages payable = $2,880

Salaries and wages = $182,890 (180,010 + 2,880)

Accounts receivable = $52,550 (35,640 + 16,910)

Fees earned = $318,940 (302,030 + 16,910)

3 0
3 years ago
After saving money in his piggy bank for three years, Omar decided to deposit $2,500 of the money in the local bank. If the bank
NeTakaya

Answer:

The money supply will increase by 12,500 dollars

Explanation:

when the money is deposited the loan will make the required reveneus and start loans for the remained over and over

The multiplier effect will be 1/required reserve ratio: 1/0.2 = 5

we multiply 2,500 dollars times the money multiplier of 5

total icnrease inthe money supply: 2,500 x 5 = 12,500

5 0
3 years ago
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