population of the United States was 254.6 million. The working-age population is divided into those in the labor force (160.2 million) and those not in the labor force (94.4 million). The labor force is divided into the employed (153.2 million) and the unemployed (7.1 million). Those not in the labor force are divided into those not available for work (88.7 million) and those available for work (5.7 million). Finally, those available for work but not in the labor force are divided into discouraged workers (0.5 million) and those currently not working for other reasons (5.2 million).
Use this data to help determine which one of the following statements is true:
The unemployment rate is
7.1 million / 160.2 million×100=4.4%.
The labor force participation rate is
160.2 million /
254.6 million×100=62.9%.
N.B
Check the attachment for full question
Answer:
D. Both A and B are correct
Explanation:
The unemployment rate is 4.4%
That is unemployed/labour force = (7.1million/160.2 million ) * 100 = 4.4%
Labour force participation rate is 62.9%
That is: total labour force /total population = (160.2million/254.6million) * 100 = 62.9%
Answer:
$2.51 per unit
Explanation:
The computation of the cost per equivalent unit is shown below:
But before that the equivalent units is to be computed
Equivalent units = units completed + equivalents units in ending inventory
= 8,400 units + (13,200 units × 42%)
= 13,944 units
Now
Cost per equivalent unit = cost incurred ÷ equivalent units
= $34,980 ÷ 13,944 units
= $2.51 per unit
As an office manager there are ratios and reports that need to be monitored on a monthly basis while others are part of the year-end report and review. The ratios that are being chosen are Current Ratio, Operating Margin and Working Capital. The one of the practice management ratios that is the most important is the Current Ratio or also known as Solvency Ratio. Current in a financial report indicates that it can either exchange the asset to cash within a one-year period or the liability is due within one year. Current assets are assets that can be changed to cash within one year. Current assets are cash, cash equivalents, accounts receivable, bad debt allowance, and any inventory that is on hand. Current liabilities are notices that must be funded within one year. Current liabilities are all notes and accounts payable due within one year, interest payable, wages payable, and income taxes payable. It is an signal of the business ability to pay back its short term accountability. To obtain this, the business should take all the current assets and distribute to current accountability. If the current ratio is less than one, this specifies the company has more debt due within one year than it has assets it can use to pay those debts.
Answer:
e. It is a behavioral objective
Explanation:
The statement is said to every role player in the theme park therefore it is not specific to their individual roles and on how to maximize performance on their roles. The statement is more based on how they should conduct themselves around the park's attendants.
