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3 years ago

Identify each person in the table as structurally, frictionally, or cyclically unemployed.

Business

1 answer:

Soloha48 [4]3 years ago

6 0

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.

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As the product manager for the eatery division of Whole Foods, Jerry is responsible for analyzing sales data to thelp him manage

olganol [36]

Answer:

c. Drill Down

Explanation:

Drill Down -

It is method of organising the data or information in the tabular , multidimensional and relational form , is referred to as drill down.

It is also known as data drilling .

The method is adapted in many fields to arrange the data in a convenient manner .

Hence , from the given scenario of the question ,

Jerry is using Drill Down .

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3 years ago

Journalize the following transactions:

Jet001 [13]

Answer:

The Journal entries are as follows:

(i) On January 3,

Salaries expenses A/c Dr. $110,000

To salaries payable $110,000

(To record the salaries expenses)

(ii) On January 3,

Merchandise inventory A/c Dr. $55,692

Raw material inventory A/c Dr. $37,128

To accounts payable A/c $92,820

(To record the merchandise and raw material)

Shipping cost A/c Dr. $550

To bank A/c $550

(To record the shipping cost)

(iii) On January 3,

Accounts receivables A/c Dr. $22,000

To sales $22,000

(To record the sales on account)

cost of goods sold A/c Dr. $15,180

To Merchandise inventory $15,180

(To record the cost of goods sold)

(iv) Cash A/c Dr. $16,850

To accounts receivables $16,850

(To record the cash received)

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4 years ago

Kingbird, Inc. developed the following reconciling information in preparing its December bank reconciliation: Cash balance per b

hodyreva [135]

Answer:

$38,230

Explanation:

To determine the cash balance per books for Kingbird, Inc., we can use the following formula:

cash balance per books = cash balance per bank + notes receivable collected by bank - bank service charge - NSF check

cash balance per books = $27,400 + $13,700 - $170 - $2,700 = $38,230

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3 years ago

A typical company has many types of shareholders, from individuals holding a few shares, to large institutions that hold very

pshichka [43]

Answer:

The correct option here is A) .

Explanation:

It is widely accepted that the main objective of a company is to maximize the value of company by maximizing the wealth of shareholders, which is represented through market price of company's shares ( stocks ) . Company's all around the world have made this their primary objective because if a company is not able to increase its value then its shareholders would think that the risk associated with the company has increased and it will lead them to take their investment out of company, so it is very important that a company's management ( or manager ) works in such way that shareholders wealth is maximized.

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3 years ago

Salary is typically discussed at the _____ interview.

Vikentia [17]

Answer:

follow-up

Explanation:

A follow-up employment interview has fewer candidates as compared to the initial interview. The employer invites the best candidate from the first interview for further evaluation.

A follow-up interview is conducted after the employer has identified several potential candidates. Salaries and other benefits are discussed in the follow-up interview.

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3 years ago