Answer:
7.5%
Explanation:
The formula to compute the unemployment rate is shown below:
Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100
where,
Number of people employed is 185 million
And, the labor force is 200 million
So in order to find out the unemployment rate, we subtract it by 1
= 1 - ($185 million ÷ $200 million)
= 1 - 0.925 million
= 7.5%
All of these are correct. Each can be deducted to determine net pay.
As the head of an individual firm, the feature would be the least beneficial would be: <span>The adverse effect of economic integration on specific sectors and communities within the national economy
integration of specific sectors will dramatically increase the competition from another country which will dramatically diminish one's market share.</span>
Answer: See explanation
Explanation:
The year-end adjusting entry to record the cost side of sales returns and allowances will be:
Dr Inventory Return estimated $3200
Cr Cost of goods sold $3200
(To record expected coat of returns)
Note that the above calculation was done as:
= $64,000 × 5%
= $64,000 × 0.05
= $3200
Answer: True
Explanation: The retained earnings are recorded after closing the accounts of the income statement, the surplus called profit or the missing called loss is transferred to equity through the non-distributed profit item.
This undistributed profit account also closes during the accounting period, to clarify how much was generated in a period, they are not like the balance sheet accounts that are cumulative.
