Kevin decided that he wanted to buy a $32,000 new car. He paid $1,000 for a down payment

In an economy with a population of 100 million persons, 42 million hold civilian jobs and 6 million are not working but are look

BlackZzzverrR [31]

Answer:

The unemployment rate is 12.5%

Explanation:

The formular for solving unemployment rate is:

Number of unemployed persons/ Total number of civilian force × 100

The number of unemployed persons is 6 million

The total number of civilian force is 6milllion + 42 million = 48 million

Therefore unemployment rate is

6/48 ×100 = 12.5%

Thus, the unemployment rate is 12.5%

6 0

3 years ago

The resource-based view of global business differs from the institution-based view of global business in that the resource-based

erastova [34]

Answer:

Focuses on the internal strenghts of the firm

Explanation:

To understand difference, it is better to start with definicions of each of the concepts.

So, Resource based view focuses on firms's internal resources and capabilities and Institution based view suggests that the success and failure of firms are affected by institutions, such as regulations, laws, ethics, cultures and norms

4 0

3 years ago

Simpson Sign Company based in Frostbite Falls, Minnesota has a 6-month C$100,000 contract to complete sign work in Winnipeg, Man

seraphim [82]

Answer:

A) $102,000

Explanation:

The computation of the amount used today for preparing the operating budget is shown below:

= Contract value × forward rate

= $100,000 × $1.02

= $102,000

For computing this, we consider the forward rate and the same is multiplied with the contract value so that the correct amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0

3 years ago

On November 1, 2021, Jamison Inc. adopted a plan to discontinue its barge division, which qualifies as a separate component of t

skad [1K]

Answer:

d. $67 million.

Explanation:

The asset is not impaired because the fair value is higher than the book value. Therefore, the only operating loss of $67,000,000 can be reported.

Particulars Amount

Operating Loss(Jan 1 to 31 Dec 2021 $67,000,000

Before Tax loss on discontinued operation $67,000,000

Hence, Jamison would report a before-tax loss on discontinued operations of $67,000,000.

7 0

3 years ago

1. Define business. Explain the functions of business.

kotegsom [21]

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↦ Business is an economic activity that is directed towards acquiring and earning profit and wealth through customer's satisfaction. It plays an important role for the economic development of the country and uplift living standard of the people. Some of the functions of business are described below :

Creation of utilities : For the fulfillment of needs of customers , business creates various types of utilities. A business has many components and each component is involved in the creation of the certain utility. For instance : manufacturers create from utility , transportation system created place utility , warehousing time utility and insurance companies risk utility.

Generation of employment : Business is a source of employment. Various types of employees are required to a business. In industries , both skilled and unskilled manpower are required for production , distribution and auxiliaries functions. Hence , the development of industry and commerce helps to solve the unemployment problem of a nation.

Earning Foreign Currency : Business is the main source of earning Foreign Currency. Foreign currency can be earned by exporting surplus products and services to foreign countries. The development of export trade brings favourable balance in payment.

Provides investment opportunities : Business provides investment opportunities to the investors in production and distribution activities. Depending on the nature of investment ; investors receive dividend , interest or other financial benefits. The persons of organizations having sufficient capital can invest their money in production and commercial activities according to their interest , capability and knowledge.

$\large{ \tt{✺ \: STUDY \: TIP}} :$

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3 0

3 years ago