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3 years ago

When individuals are unemployed because they lack the qualifications to fill available jobs. True or False

Business

2 answers:

valina [46]3 years ago

6 0

Answer:FALSE

Explanation: UNEMPLOYMENT is a term used to describe the inability of persons to secure jobs due to the reduced number of jobs available. People can be unemployed due to various reasons which includes Lack of qualification, lack of available jobs etc.

Unemployment is not only as a result of lack of qualification,it can also be caused by other prevailing conditions which makes the number of available jobs to be lower.

allsm [11]3 years ago

6 0

It’s is not true ....................

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With the annual demand of 2,400 units, daily demand of 10 units, and daily production rate of 40 units, a company has determined

Inga [223]

Answer:

C. 30

Explanation:

given that:

Daily demand = 10 units

Starting Inventory Level = 40 units

Inventory Level at the end of the day if production starts = 0

The number of units that would actually be there in the warehouse at the end of first day of production = 40 units - 10 units

= 30 units

Therefore, There will be 30units in the warehouse at the end of the first day of production.

3 0

3 years ago

Assume a firm faces these costs: total cost of capital $4,000; price paid for labor = $20 per labor unit; and price paid for raw

insens350 [35]

Answer:

A) total cost = (200 labor hours x $20) + (500 units of raw materials x $8) + $4,000 cost of capital = $12,000

average total cost per unit = $12,000 / 2,000 units = $6 per unit

B) new total cost = (100 labor hours x $20) + (500 units of raw materials x $8) + $4,000 cost of capital = $2,000 + $4,000 + $4,000 = $10,000

average total cost per unit = $10,000 / 3,000 units = $3.33 per unit

C) When process innovation occurs, total productivity and efficiency increase, decreasing the average cost per unit. In this case the total cos decrease, but even if total costs do not decrease, higher efficiency and productivity can be achieved by production more units at the same total costs. Process innovations, usually related to new technologies, are responsible for the greatest increases in productivity and efficiency which result in higher economic output and growth.

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4 years ago

Consists of people, equipment, and procedures to gather, sort, analyze and distribut needed, timely and accurate information to

Alisiya [41]

This structure is called the Marketing Information System, or MIS for short.

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3 years ago

Find the present value of $600 due in the future under each of these conditions: 6% nominal rate, semiannual compounding, discou

MA_775_DIABLO [31]

Answer and Explanation:

For computing the present value we need to apply the present value formula i.e to be shown in the attachment

For the first case i.e semi annual compounding

Given that,

Future value = $600

Rate of interest = 6% ÷ 2 = 3%

NPER = 9 years × 2 = 18 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $352.44

For the second case i.e quarterly compounding

Given that,

Future value = $600

Rate of interest = 6% ÷ 4 = 1.5%

NPER = 9 years × 4 = 36 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $351.05

For the third case i.e monthly compounding

Given that,

Future value = $600

Rate of interest = 6% ÷ 12 = 0.5%

NPER = 1 years × 12 = 12 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $565.14

Based on the various compounding i.e semi annual, quarterly and yearly the present value would be different in each case

8 0

3 years ago

At the end of its 2020 fiscal year, Pastel, Inc., received an order from a customer for $40,000. The merchandise will ship early

exis [7]

Answer:

The answer is:

Disagree

The matching principle is violated

Explanation:

The order of a customer worth $40, 000 was received at year end. However, the merchandise will only ship in the year following the fiscal year. When goods are shipped, revenue is recognised on shipping the goods or receipt of the goods by the customer. According to the information provided, merchandise will only be shipped in 2021, therefore the customer will only receive the goods in 2021. Given this information, recognising revenue in the current period would be an incorrect treatment of the transaction and contravene the matching principle. This principle indicates that revenue and the costs associated with the revenue should be recognised in the same period.

The sale should not be recognised in 2020 because the goods' delivery and the costs incurred in delivering those goods will only be incurred in 2021. No indicated payment, cash or otherwise, was received in lieu of this transaction. Recognising this sale in the income statement and the associated asset in the statement of financial position could be misconstrued as an attempted enhancement of Pastel Inc.'s financial position for the 2020 fiscal year end.

7 0

3 years ago

Read 2 more answers