Answer:
$31,100
Explanation:
On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,250; Supplies, $650; Equipment, $12,000; Accounts Payable, $9,300.
Therefore the amount of stockholders’ equity as of May 31 of the current year can be derived by the formula : Capital = Assets - Liabilities
<u>Assets</u>
Cash $20,500;
Accounts Receivable, $7,250;
Supplies, $650;
Equipment, $12,000
TOTAL = 40,400
<u>Liabilities</u>
Accounts Payable, $9,300.
Therefore stockholders’ equity = 40,400 - 9,300 = $31,100
Answer:
<em>Labour rate variance = $260 favourable</em>
Explanation:
<em>The rate variance would be the difference between the standard labour cost of the 2,300 units sold and the actual labour cost</em>
Standard labour cost (3600/1200× 2300)<em> 6,900</em>
<em>Actual labour cost </em><u><em>6, 640</em></u>
<em>labour rate variance </em><u><em> $260</em></u><em> favourable</em>
The variance is favourable because the StuckinMyHouse book company saved $260 as a result of of his actual cost been less than the expected cost.
Explanation:
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Answer: Financial Intermediation.
Explanation:
Financial Intermediation is a method of wealth distribution common to Banks, where money deposited by it's customers is given out as loan to investors/individuals. The Banks are known as Financial Intermediaries as they are actively involved in wealth distribution.
Answer:
7,5%
Explanation:
natural rate of unemployment is generally comprised of 3 unemployment types: structural rate of unemployment, cyclical rate of unemployment and frictional unemployment. This state exists even in a healthy environment commercially viable as workers will always seek for new jobs. At the time they leave to seek for new jobs, that period relates to natural rate of unemployment of the country or state.
so we add, frictional rate plus structural rate plus cyclical rate to get the figure for natural rate of unemployment.