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3 years ago

Which is an example of someone who is cyclically unemployed?

Business

1 answer:

Korolek [52]3 years ago

7 0

Answer:

A. autoworker who is temporarily laid off from an automobile company because of a decline in sales. 

Explanation:

Cyclical unemployment is unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.

This takes place during times of decreased economic growth or times of economic slowdown.

Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.

Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.

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Manuel works for a very large company that sells stocks to shareholders. This is an advantage for which type of business structu

Rom4ik [11]

Answer:

Corporation

Explanation:

A corporation is a business ownership structure where the business is considered a legal entity separate from the owners. A corporation is subdivided into small units known as shares. Owning a share implies owning part of the corporation. Shareholders own the shares and the corporation.

The shares of a public corporation can be acquired by purchasing them at the security exchange market. Anyone can purchase shares and become a shareholder.

3 0

3 years ago

In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larg

never [62]

The statement is true.

In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records because the excess amount would be reduced from the bank balance in the company's records, So the company books are not correct. To make them correct the excess amount should be added back to the balance as per the company's records.

For example, if the check amount was 500 but the company recorded it as $550. Then means that the company records show $50 less compared to the bank statement. Therefore, that $50 is added back and then it comes equal to the bank statement balance.

When a note is written to settle open account an entry that converts the accounts receivable account to a note receivable account is required. This entry is required because when the note is written to settle accounts the company has to receive notes in the future and the amount of the account.

Your question is incomplete. Please read below to find the missing content.

In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records.

TRUE

FALSE

Learn more about balance here: brainly.com/question/1115815

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6 0

1 year ago

Cayahuga Hardwood produces handcrafted jewelry boxes. A standard-sized box requires 8 feet of hardwood in the finished product.

Serjik [45]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

4 0

3 years ago

Cox Corporation had 1,200,000 shares of common stock outstanding on January 1 and December 31, year 2. In connection with the ac

AleksandrR [38]

Answer:

$2.56 per share

Explanation:

The formula to compute the diluted earning per share is shown below:

= (Net income reported - preferred stock dividend) ÷ (Outstanding number of shares + additional shares issued)

= ($3,400,000 - $200,000) ÷ (1,200,000 + 50,000)

= ($3,200,000) ÷ (1,200,000 shares)

= $2.56 per share

We simply divided the net income after deducting the preferred stock dividend and then divided it by the total number of shares

4 0

3 years ago

D. Shahi and K. Vaughn organize a partnership. Their partnership agreement states that Shahi will receive 40% of the partnership

Softa [21]

Answer:

$8,000 by Shahi and $12,000 by Vaughn.

Explanation:

Given that,

Investment of Shahi = $80,000 with 40% share

Investment of Vaughn = $90,000 with 60% share

Investment of Williams = $80,000 with 40% interest

Total capital after admission of Paul Williams:

= Investment of Williams + Investment of Shahi + Investment of Vaughn

= $80,000 + $80,000 + $90,000

= $250,000

Williams's share in new capital:

= Total capital after admission of Paul Williams × Interest

= $250,000 × 40%

= $100,000

Bonus paid to Williams:

= Williams's share in new capital - Investment of Williams

= $100,000 - $80,000

= $20,000

Therefore, the bonus paid to Williams will be contributed by old partners:

D. Shahi Contributed = $20,000 × 40%

= $8,000

K. Vaughn contributed = $20,000 × 60%

= $12,000

6 0

3 years ago