Answer: 15 million people were employed.
Explanation:
Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).
Mathematically speaking:
25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people
15 million people were employed.
Feel free to ask for more if needed or if you did not understand something.
Answer and Explanation:
As we know that the credit amount should be allowed a qualified deduction of 100% till $2,000 and the next 25% is $2,000
In the given situation, the credit amount would be
= $1,600 × 100%
= $1,600
As the AGI is $175,000 i.e. exceeded the prescribed amount i.e. $160,000 so it would be phased out till $180,000
So, after considering the phase out application limits, the credit is
= $1,600 × ($180,000 - $175,000) ÷ ($180,000 - $160,000)
= $400
So, the total credit is $400 out of which $160 is refundable and the remaining balance i.e. $240 would be non-refundable
Answer:
- A chart of accounts is a list of the numbers assigned to each general ledger account.
- A subsidiary ledger contains detailed data for any general ledger account with many individual subaccounts.
Explanation:
A chart of accounts contains a list of all the numbers assigned to balance sheet and income statement accounts. The account numbers allow transaction data to be coded, classified, and entered into the proper accounts.
Subsidiary ledger
s are used to record details information for a general ledger account that contains many subaccounts, like accounts receivable (at last 1 subaccount per client), inventory (at least 1 subaccount per product) and accounts payable (at least 1 subaccount per creditor).
Answer:
Explanation:
A career is a type of occupation that is done during a specific period of time. Careers offer a chance for progress. When choosing a career, one should consider the following factors;
1. Job requirements
One should consider the job requirements of that particular career since these requirements always determine how well one will perform in his/her career. The job requirements to be considered are; education level, level of expertise needed, and the experience.
2. Short-term goals
A short term goal is a set of predetermined achievements that one needs to attain usually in a short time frame. A career is an undertaking that is always long-term and therefor needs long-term goals rather than short-term goals.
3. Skills and interests
A skill is a particular set of capabilities that enables one to perform better at a certain job. Some careers need a specific set of skills that if one cannot develop or acquire, then the career undertaking might prove very difficult. An interest is something that you like. It is always advisable to choose a career that you are interested in, since this gives one the passion to pursue it.
4. Ease of job search
The career that you want to pursue should be one that is marketable. Getting a job for a marketable career is much easier than one that is not as marketable. This helps in avoidance of frustrations of failed job searches.
A: The four types of economic utility are form, time, place and possession. "Utility" in this context refers to the value, or usefulness, that a purchaser receives in return for exchanging his money for a company's goods or services.
