Answer:
9.09% and 5.263%
Explanation:
The computation is shown below:
a. The current rate of unemployment is
= Number of Unemployed people ÷ labor force
= 10 ÷ 110
= 9.09%
b. The natural rate of unemployment is
= Separation rate ÷ Separation rate + finding rate
= 0.01 ÷ 0.01 + 0.18
= 0.01 ÷ 0.19
= 5.263%
These both should be expressed in a percentage forms
Answer:
$52,000,000
Explanation:
The computation of the dividend paid to the shareholders during the year is shown below:
As we know that
Ending retained earnings balance = Opening retained earning balance + net profit of the year - dividend paid
$950 million = $937 million + $65 million - dividend paid
$950 million = $1,002 million - dividend paid
So, the dividend paid is
= $1,002 million - $950 million
= $52,000,000
Answer: They are personal consumption, business investment, government spending, and net exports.
Explanation:
Answer:
Option (D) is the right answer.
Explanation:
According to the scenario, the most appropriate answer is option ( D) because Stanley smith is a customer of the bank as he has a checking account in the bank.
While the other options are wrong because of the following reasons:
- Option (A) is incorrect because the company lucky licks Inc. is the customer of the bank, not any person.
- Option (B) is incorrect because Cara is not the customer of the bank as she only uses the bank's ATM.
- Option (C) is incorrect because Herman is not the customer of the bank as he only cashes his checks in the bank.
Answer and Explanation:
1. The Journal entry is shown below:-
Notes receivable Dr, $33,000
To Sales revenue $33,000
(Being sales is recorded)
2. The computation of interest is shown below:-
Interest = $33,000 × 4% × 6 ÷ 12
= $660
3. The Journal entry is shown below:-
Cash Dr, $33,660
To Interest income $660
To Notes receivable $33,000
(Being collection of notes receivable is recorded)
