Answer:
49.6 days
Explanation:
The average inventory days outstanding is an example of an activity ratio. Activity ratios measures the efficiency with which comapnies carry out their daily tasks
The average inventory days outstanding = number of days in a period / inventory turnover
inventory turnover = cost of goods sold / average inventory
Average inventory = (6,852 + 7,036 ) / 2 = 6944
$51,098/ 6944 = 7.365
365/ 7.365= 49.6 days
Answer:
The correct answer is letter "C": both frictional unemployment and the natural rate of unemployment.
Explanation:
Natural unemployment is defined as the lowest rate of unemployment an economy will reach. It is called natural because its causes are other than an adverse economy. Natural unemployment is a combination of <em>frictional unemployment</em> -employment transitions, <em>structural unemployment</em> -mismatch between abilities and current position, and <em>labor surplus</em>.
Unions are groups of individuals who join to set minimum standards at work in regards to wages, compensations, and conditions. <em>Union members are, by default, always available to join the workforce even if there is work to be done or not. Sometimes, union members are assigned duties their abilities outperform just to avoid having the member unemployed. These are the reasons why unions are said to contribute to natural unemployment.</em>
Answer:
True
Explanation:
The statement is true.
Suppose a consumer purchases a bundle of goods, say 40 units with his given money income of $1000.
Now, if there is a fall in the price level of the goods then this will increase the purchasing power of the consumer and hence he will be able to buy more quantity of goods, say 60 units with the same level of money income i.e $1,000.
This illustrates that as the price level falls, the purchasing power of the consumer increases or we can say that holders of money become richer.
It is said that respect is reciprocal. Which means that when you show others some respect, they as well will show you some respect. In that sence, when you do not respect someone, they will not respect you<span>. Therefore, it is good to show people respect so that they can respect you as well.</span>
The way that the error should be handled in a bank reconciliation is that $900 should be subtracted from the cash balance in the accounting records.
<h3>What is a
bank reconciliation?</h3>
A bank reconciliation statement simply summarizes banking and business activity, reconciling an entity's bank account with its financial records. ·
Since Melon Corp. noticed that a check written by the company for $2,100 was incorrectly recorded in the accounting records as $1,200, $900 should be subtracted from the cash balance in the accounting records.
Learn more about bank reconciliation on:
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