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grandymaker [24]
3 years ago
15

Suppose a country using the United States' system of calculating official unemployment statistics has 100 million people, of who

m 50 million are working age. Of these 50 million, 20 million have jobs. Of the remainder: 10 million are actively searching for jobs; 10 million would like jobs but are not searching; and 10 million do not want jobs at all.
Q1: Refer to the information above. The labor force is
Q2: Refer to the information above. The labor force participation rate is
Q3: Refer to the information above. The official unemployment rate is
Business
1 answer:
allochka39001 [22]3 years ago
3 0

Answer:

a. 30 million

b. 60%

c. 33.33%

Explanation:

The computation is shown below:

a)  Labor force = employed + unemployed

= 20 million + 10 million

= 30 million

b)  Labor-force participation rate = Labor force ÷ Working age population

= 30 million ÷ 50 million

= 60%

c)   Official unemployment rate = unemployed ÷ labor force

= 10 million ÷ 30 million  

= 33.33%

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Harbour View Company common stock has a $30 par value and is currently selling for $65. Industry analysts are predicting dividen
madam [21]

Answer:

The expected rate of return on this stock is 10.31%

Explanation:

The constangt growth model of the DDM approach is used to calculate the price of a share based on the edxpected future dividends from a stock that are growing at a constant rate. The formula for price using constant growth model is,

P0 = D0 * (1+g) / (r - g)

Plugging in the values,

65 = 1.7 * (1+0.075) / (r - 0.075)

65 * (r - 0.075) = 1.8275

65r - 4.875 = 1.8275

65r = 1.8275 + 4.875

r= 6.7025 / 65

r = 10.31% or 0.1031

4 0
3 years ago
A product sells for $250 per unit, and its variable costs per unit are $181. The fixed costs are $430,000. If the firm wants to
brilliants [131]

Answer:

$6600

Explanation:

Given: Selling price= $250 per unit

          Variable cost= $181 per unit.

           Fixed cost= $430000.

           Expected Profit= $25400.

Let´s assume the number of units sold be "x".

Revenue (R) = 250\times x= \$250x

Cost of product (C)= \$ 181\times x+ \$ 430000

∴ Cost of product (C)= \$ 181x+ \$ 430000

Now, finding the number of unit sold.

Forming an equation for profit.

We know, Profit= Revenue-cost

⇒  \$ 25400= 250x- (181x+430000)

Opening parenthesis.

⇒ 25400= 250x- 181x- 430000

⇒ 25400= 69x- 430000

Adding both side by 430000

⇒ 455400= 69x

Dividing both side by 69

⇒ x= \frac{455400}{69}

∴ x= 6600 units

Hence, total number of units sold to earn $25400 is 6600 units.

     

           

6 0
3 years ago
Other financial data for the year ended December 31, 2019: Included in accounts receivable is $1,200,000 due from a customer and
Kipish [7]

Answer:

$5,055,000

Explanation:

Note: <em>The full question is attached below</em>

<em />

Particulars                                                                    Amount

Cash                                                                            $875,000

Accounts receivable                          $2,695,000  

Less: Installments not due in 2021   <u>($600,000)</u>      $2,095,000

[$1,200,000 - ($150,000 * 4)]  

Inventory                                                                      <u>$2,085,000</u>

Total of current assets                                               <u>$5,055,000</u>

5 0
2 years ago
Acme Inc. has 200 total employees, 150 of which are nonexcludable employees. Ten employees are highly compensated. Seven of the
Irina18 [472]

Answer:

b. 1 only.

  1. The Plan Passes the ratio percentage test.

Explanation:

the ratio percentage test = ratio of non-HCE / ratio of HCE ≥ 70%

ratio percentage test = (100/140) / (7/10) = 0.71/0.7 = 1.02 or 102% ≥ 70% ✓ passed

the average benefits test = 1.5% / 3% = 0.5 or 50% ≤ 70% X failed

This means that the highly compensated employees receive disproportionately high benefits from the plan.

8 0
3 years ago
In 1950, the population of a small suburb in los angeles, california, was 20,000. the birth rate was measured at 25 per 1000 pop
Snowcat [4.5K]
Total Population = Current Population + (Population * Birthrate) - (Population *Deathrate) + Immigration rate - emigration rate

Total Population = 20000 + 20000(25/1000) - 20000(7/1000) + 600 - 200

Total Population = 20400 + 500 - 140

Total Population = 20760
8 0
3 years ago
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