Answer: $90,000
Explanation:
If sales in 2008 and 2009 were steady at $30 million, but the gross margin increased from 2.9% to 3.2% between those years, the amount by which the cost of sales would be reduced would be:
= $30 million × (3.2% - 2.9%)
= $30 nillioy× 0.3%
= $30 million × 0.003
= $90,000
Answer:
Unemployment rate = 3.6%
Explanation:
Unemployment is the number of people who are willing to work and are actively seeking work but are unable to find it. The unemployment rate is the unemployed / total number of people in the labor force x 100.
In the above scenario, the unemployed is 3 million people. The others are either already employed, unavailable, unwilling or not seeking work.
The labour force comprises of those who are employed and unemployed, that is 80million + 3million = 83 million.
Hence, unemployment rate = (3/83) x 100 = 3.6%
Answer:
d) increases, and the labor -force participation rate decreases
You are reviewing your checking account balance of $800 after you've just sent in your rent check of $500. The money that is available for you is $1300.
<h3>
What we can do if we don't have sufficent balance?</h3>
If you had a check that you don't have sufficient funds for that has been run through the bank the bank will usually charge you an overdraft fee.
This means that you have arranged an overdraft loan/agreement with the bank. The bank will go ahead and pay the fund to the person or company you wrote the check to.
You will have a certain amount of time to put the money back into your account and pay the overdraft fee.
Learn more about Checking account, refer to the link:
brainly.com/question/9683236
#SPJ1
Answer:
FV= $339,962.18
Explanation:
Giving the following information:
Annual investment (A)= $11,000
Number of periods (n)= 18 years
Interest rate (i)= 6%
<u>To calculate the future value (FV) after 18 years, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {11,000*[(1.06^18) - 1]} / 0.06
FV= $339,962.18
