Answer:
Unemployment rate of Batesburg-Leesville, SC. =8.71%
Explanation:
Total population= 5,377
Total unemployed=245
Total employed=2,572
Total labour force=employed people + unemployed people
Total labour force=2,572+245
=2,817
Unemployment rate= Total unemployed people/Total labour force ×100
Unemployment rate= 245/2,817 × 100
=0.0871×100 (approximately)
=8.71%
Answer: Option B
Explanation: An incidental recipient is an individual or legal entity who's not a participant to an agreement and becomes an accidental recipient of a trust or agreement.
In comparison, some advantages in a contract are explicitly claimed to a planned recipient, although they are not yet party to the agreement themselves. Within certain situations, unintentional beneficiaries are not actually promised any such advantages but could gain from the deal.
Answer:
2018: No pretax income or loss
2019: Income of $2,000.
Explanation:
Given that,
On December 27, 2018
Purchased Coca-Cola bonds at par = $700,000
sold the bonds on January 3, 2019 = $702,000
On December 31, the bonds had a fair value = $699,000
In 2018:
Fair value is less than the purchase value of bonds on 31st December. Therefore, the loss has to be reported under the other comprehensive income.
Hence, there is no income or loss in the year 2018.
In 2019:
Gain/loss on the sale of bonds:
= Sale value - Purchase value
= $702,000 - $700,000
= $2,000
Therefore, the amount of pretax earnings in the year 2019 is $2,000.
Answer:
(a)service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.
Explanation:
Major difference between service life and physical life of an asset is about the tenure it will be used as the service life is the total duration the asset will be operative and useful, whereas the physical life is the entire duration along with the time it was not put to use of an asset.
The more useful component is the service life, as during the entire tenure of physical life the asset cannot be used, and viable period is service life.
Therefore, correct statement is
(a)service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.
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