Answer:
The unemployment rate is 42.85.
Explanation:
The formula to calculate the unemployment rate is:
Unemployment Rate = (Unemployed People / Total Labor) x 100 -- (1)
where total labor is the sum of the unemployed people and employed people.
Unemployed People = 10 Retired persons + 5 stay-at home parents + 10 persons with no job + 5 persons who wanted job
Unemployed People = 30
Labor Force = Employed people + Unemployed people
Labor Force = 40 + 30
Labor Force = 70
Putting the values in equation 1,
Unemployment Rate = ( 30/ 70) x 100
Unemployment Rate = 42.85
When goods are produced at the lowest possible cost an economy is said to have achieved?
Answer: production efficiency
Answer: 1 E, 2 C, 3 A, 4 F, 5 D, 6 B
Explanation:
Purchase requisition - A document used by department managers to inform the purchasing department to place an order with a vendor.
Purchase order - A document used to place an order with a vendor that authorizes the vendor to ship ordered merchandise at the stated price and terms.
Invoice - An itemized statement of goods prepared by the vendor listing the customer's name, items sold, sales prices, and terms of sale.
Receiving report - A document used to notify the appropriate persons that ordered goods have arrived, including a description of the quantities and condition of the goods.
Invoice approval - A checklist of steps necessary for the approval of an invoice for recording and payment; also known as a check authorization.
Voucher - An internal file used to store documents and information to control cash disbursements and to ensure that a transaction is properly authorized and recorded.
Faith bought 6 apples at $.78 each. She paid $4.68 for the apples.
Given : $.78 price for each apple
$4.68 the amount Faith spent for the apples.
$4.68 / $.78 = 6
