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aleksklad [387]
3 years ago
6

In an economy with a population of 100 million persons, 40 million hold civilian jobs and 9 million are not working but are look

ing for a job. The number of persons in the civilian labor force is_____________.
Business
1 answer:
worty [1.4K]3 years ago
8 0

Answer:

49 million

Explanation:

Data given in the question

Population = 100 million persons

Civilian jobs = 40 million

Not working but looking for a job =  9 million

So the number of persons in the civilian labor force is

= Civilian jobs + not working but looking for a job

= 40 million + 9 million

= 49 million

The civilian labor force includes both the employed as well as unemployed person

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Answer:

<u>Date                                      Purchases                    Sales        </u>

May 1                                1,550 units at $44

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TOTAL COGS FOR MAY 12 SALE                       = $53,520

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May 31                                                                    1,000 units

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Under LIFO (last in, first out), the cost of goods sold is determined using the price of the last units purchased, which means that the most recent (or updated) price is used to calculate COGS.

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