Answer:
2. 9 million
Explanation:
We know that
Unemployment rate = Number of unemployed workers ÷ Civilian labor force
6% = Number of unemployed workers ÷ 150 million
So, the number of unemployed workers would be
= 150 million × 6%
= 9 million
We simply applied the unemployed rate so that the number of unemployed workers could come
All other information given is of no significance. So, ignored it
Answer:
The correct answer is Option D.
Explanation:
Internal control comprises the whole system of financial and other controls established and operating within a business, including internal check, internal audit and all other forms of control.
Based on Committee of Sponsoring Organizations (COSO) framework, there are 5 interrelated components of internal control, which are: Control environment, Risk assessment, Control activities, Information and communication and Monitoring.
It is necessary to stress that internal control relates to all forms of controls within an organization and not necessarily limited to only accounting matters e.g., a security check on vehicles exiting business premises to be sure they are not carrying stolen items from the organization is an internal control but not an accounting-related.
Answer:
c. 0.25
Explanation:
Cross-price elasticity = [(Q2-Q1/)((Q1-Q2)/2) * 100] / [(P2-P1/)((P1-P2)/2) * 100]
Cross-price elasticity = [(65-55)/((65+55)/2)*100] / [(2-1)/((1+2)/2)*100]
Cross-price elasticity = 16.6667/66.6667
Cross-price elasticity = 0.25000037
Cross-price elasticity = 0.25
c. when the price of a good decreases, sellers produce less of the good.
According to the law of supply, an increase in price results in an increase in quantity supplied. This means that there is a direct relationship between price and quantity: Thus, when price of a good falls, sellers produce less
FCF is a measure of
how much cash a business generates from operations, net of capital expenditures,
which it can use for various purposes, such as reducing debt or paying out
dividends. When calculating FCF, we take Cash provided by operating activities
and subtract any capital expenditures. Grossman Lumber generated $102,000 in
cash from operations, and invested 4,000 in capital expenditures, so its FCF is
102,000-4,000= $98,000. We are not concerned with dividends because dividends
are not a capital expenditure.
