Answer:
a. Structurally unemployed.
b. Cyclically unemployed.
c. Frictionally unemployed.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Natural Rate of Unemployment (NU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Cyclical unemployment rate (CU).
a. Structurally unemployed: Lorenzo recently lost his job as a dishwasher. Minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.
b. Cyclically unemployed: Teresa is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full time job. A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
c. Frictionally unemployed: Neha just graduated from college and is looking for a full- time position with an investment banking firm.
Answer:
B) $15,000
Explanation:
Even though the leasehold improvements have an estimated useful life of 10 years, Ames should amortize them in 8 years since they are not certain about renewing the lease contract.
amortization per year = $120,000 / 8 = $15,000
Since Ames has only leased the office for one year, then the accumulated amortization should be $15,000
Answer:
C. Government-owned health care organizations do not report depreciation expense
Explanation:
C. Government-owned entities do not provide for depreciation of assets, they are written off immediately they are acquired
As a shareholder in Titanic Shipping, Inc., James Blue is one of the many actual owners. In case of the bankruptcy of the corporation, his liability would be limited to the amount of his investment.
<h3>What shareholder means?</h3>
- Any individual, business, or organization that has stock in a corporation is a shareholder.
- A shareholder of a firm may own just one share. As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.
<h3>What is shareholder and example?</h3>
- The definition of a shareholder is a person who owns shares in a company.
- Someone who owns stock in Apple is an example of a shareholder noun.
- A person who owns one or more shares of stock in a joint-stock company or a corporation.
<h3>What is the purpose of a shareholder?</h3>
- The shareholders are the company's owners and give financial support in exchange for prospective dividends paid out over the course of the business.
- There are three ways for an individual or business to become a shareholder in a company by adhering to the company's memorandum at the time of incorporation.
Learn more about shareholders here:
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