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2 years ago

Which of the following individuals would be considered unemployed when calculating the unemployment rate?

1 answer:

5 0

The unemployment rate is a statistics which shows the percentage of the labor force that are with a job in an economy in a given period of time

The individuals which would be considered as unemployed when calculating the unemployment rate includes:

People who are jobless.
Individuals looking for a job.
Individuals who available for work but are unemployed.

The unemployment rate are used government to make important economic decision.

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Barbara owes arturo $2,000. on july 1, arturo assigns the debt to charles. thereafter on july 15, arturo assigns the same right

Alecsey [184]

Answer:

c.under the english rule, dennis has priority.

Explanation:

English rule is define as a an assessment related to a lawyer's fees when a litigation takes place.

The party that loses a case is obligated to.pay the legal fees of the other party.

On the other hand the American rule requires each party to pay it's own legal fees.

Beneficial ownership of a debt can be assigned, even though legal ownership cannot be assigned. An equitable assignment takes precedence over legal assignment.

In this scenario Dennis receives assignment of a debt from Charles, and is not aware of the first assignment (Arturo to Charles), so he is given priority

7 0

3 years ago

Would you consider Unions successful? Why or why not?

tatyana61 [14]

Answer:

yes because have been enormously successful at getting their members excellent wages, benefits and working conditions.

hope this helps

have a good day :)

Explanation:

8 0

3 years ago

A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be reported on the statement of

Oxana [17]

Answer:

A. a separate schedule.

Explanation:

This is explained to be cash flow schedule or also cash flow statement. It is explained to be on out of the three financial statement which used generally to report for cash which been generated and how this money has been totally been spent within a period or interval which could be a week, month, quarter or even probably a year.

In the statement of cash flows, the cash flows are known to be generated from investing activities section while inclusion of receipts from the sale of investments. This is why in the stated 20 year payable bond, it is known to have been recorded in statement of cash flows in a separate schedule.

4 0

4 years ago

The EU began as a common market for Multiple Choice the coal and steel industries. the transportation industries. the textile an

stepladder [879]

Answer:

The answer is "The coal and steel industries".

Explanation:

In compliance with the terms of the 1975 Constitutional Act, on 5 June 1975, the UK promised a Vote on Inclusion in the European Union, often alluded to as the Vote on the European Union, the Single Market Vote as the EEC Participation referendum to measure support.

This Group established its Council of Europe Coal and Steel Community, that consolidated free flow of coal and steel as well as the freedom of access to sources of production in 6 countries.

5 0

3 years ago

Harwell Company manufactures automobile tires. On July 15, 2021, the company sold 2,100 tires to the Nixon Car Company for $90 e

Elenna [48]

Answer:

Harwell Company

1. Journal entries:

July 15:

Debit Accounts Receivable (Nixon Car Company) $183,330

Credit Sales Revenue $183,330

To record the sale of goods on account, terms 3/10, n/30.

July 23, 2021:

Debit Cash Account $183,330

Credit Accounts Receivable (Nixon Car Company) $183,330

To record receipt of cash from Nixon Car Company.

2. July 15:

Debit Accounts Receivable (Nixon Car Company) $183,330

Credit Sales Revenue $183,330

To record the sale of goods on account, terms 3/10, n/30.

August 15, 2021:

Debit Accounts Receivable (Nixon Car Company) $5,670

Credit Sales Revenue $5,670

To reverse the cash discounts lost due to late payment.

Debit Cash Account $189,000

Credit Accounts Receivable (Nixon Car Company) $189,000

To record receipt of cash from Nixon Car Company.

Explanation:

a) Data and Calculations:

July 15, 2021 Sales of tires to Nixon Car Company = 2,100 at $90 each

Sales revenue = $189,000

Terms = 3/10, n/30

Method = net method for cash discounts

Cash discounts = $5,670 ($189,000 * 3%)

Net sales revenue = $183,330 ($189,000 - $5,670)

b) When payment was delayed over 10 days by Nixon Car Company, it lost the cash discounts of 3%, equivalent to $5,670. This implies that it will pay the full amount of $189,000. The Accounts Receivable will, therefore, be debited to include the unreceived cash discounts of $5,670, while the Sales Revenue will be increased by $5,670.

6 0

3 years ago