Answer:
1.97 times
Explanation:
The formula to compute the current ratio is shown below:
Current ratio = Total Current assets ÷ total current liabilities
Current ratio before any adjustment is shown below:
So, current ratio = $343,980 ÷ 196,600 = 1.75 times
Current ratio after adjustments are shown below:
Current assets = Before adjustment balance + goods purchased costing - physical count of inventory + freight-in charges
= $343,980 + $20,440 - 11,890 + 3,040
= $355,570
Current liabilities = Before adjustment balance - goods not received
= $196,600 - $15,950
= $180,650
So, the current ratio would be
= $355,570 ÷ $180,650
= 1.97 times
Answer:
20,000,000= unemployed people
Explanation:
Giving the following information:
Suppose the current unemployment rate is 5%, the labor force is 400 million people, the labor force participation rate is 80% and the working-age population is 500 million people.
The unemployment rate is the number of people of working age, disposed to work and looking for a job.
Labor force rate= unemployed people/ labor force
0.05= unemployed people/ 400,000,000
400,000,000*0.05= unemployed people
20,000,000= unemployed people
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