CORRECT PENN FOSTER ANSWER ONLY PLEASE

Identify the type of unemployment for the following scenarios:

nirvana33 [79]

Answer:

1) b)Frictional

2) c) Cyclical

3) a) Structural

Explanation:

1) Caroline just graduated from college and is looking for a full-time position with an investment banking firm.

FRICTIONAL.

This is a situation of frictional unemployment, which occurs when there is mobility of labor and workers. It occurs in a natural situation, at the time when individuals are looking for a job.

2) Frances is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full-time job.

CICLYCAL.

This is a situation that occurs when the economy of a locality cannot sustain the condition of full employment, it can occur in a situation of slow economic growth or certain setbacks.

3) Antonio recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training.

STRUCTURAL.

Structural unemployment occurs when there is not a sufficient number of jobs in a given sector, which can result from several different variables, such as the incompatibility between the vacancies available and the skills of workers.

3 0

3 years ago

Crane Company

Afina-wow [57]

Answer:

statement of cash flows using the indirect method

Cash flow from Operating Activities

Cash Receipts from Customers $145,200

Cash Paid to Supplies and Employees ($108,900)

Net Cash from Operating Activities $36,300

Cash flow from Investing Activities

Proceeds from Sale of Equipment $5,100

Net Cash from Investing Activities $5,100

Cash flow from Financing Activities

Dividends Paid ($12,000)

Net Cash from Financing Activities ($12,000)

Movement during the period $29,400

Cash and Cash Equivalents at Beginning of the Period 0

Cash and Cash Equivalents at the End of the Period $29,400

Explanation:

Cash Receipts from Customers Calculation :

Sales revenue $ 145,200

Assuming Cash Sales

Cash Paid to Supplies and Employees Calculation :

Cost of goods sold $105,000

Add Selling Expenses $10,800

Add Administrative expenses $3,600

Less Depreciation ($10,500)

Cash Paid to Supplies and Employees $108,900

6 0

3 years ago

Firms with a(n) _________________ orientation spend little on marketing research and planning, target customers indiscriminately

cupoosta [38]

Answer: Sales Orientation

Explanation:

Sales-oriented firms are business firms that focus most of their efforts on developing a sales force to promote and sell their products or services. Sales oriented spend little on spend little on marketing research and planning, target customers indiscriminately. The approaches carried out by sales oriented companies, are usually done through door-to-door sales, phone calls, and other face-to-face interactions with potential clients or prospects. The sales force is usually the most important asset of the company and is the main driver of its success and profitability.

7 0

3 years ago

the following information pertains to Lightning Inc., at the end of December: Credit Sales $ 60,000 Accounts Payable 10,000 Acco

Airida [17]

Answer:the appropriate amount of Bad Debt Expense=$870

Explanation:

Given that for Lightning Inc., at the end of December:

Credit Sales $60,000

Accounts Payable 10.000

Accounts Receivable 7.000

Allowance for Uncollectible Accounts 400

creditCash Sales 20,000

Using the aging method and estimates it states that the following would be uncollectible

1. 2% of accounts receivable not yet due, $3500 which is

2 % x 3500= $70

2. 10% of receivables less than 30 days past due, $2000 which is

10% x 2000=$200

3. 40% of receivables greater than 30 days past due,$1500 which is

40% x$1500=$600

Appropriate amount of Bad Debt Expense= Allowance for Uncollectible Accounts =$70+$200+$600==$870

Therefore, Bad debt expense =$870

Allowance for Uncollectible Accounts=$870

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7 0

3 years ago

Kate is a florist. Kate can arrange 20 bouquets per day. She is considering hiring her husband William to work for her. William

Leokris [45]

Answer:

38 bouquets

Explanation:

Based on the scenario being described within the question it can be said that if Kate hired her husband the total daily output would be 38 bouquets. This is a simple addition problem, since Kate's output is 20 bouquets and she is adding her Husband's output by hiring him then we simply add both of their outputs together to calculate their total combined output.

20 + 18 = 38

8 0

4 years ago