Answer:
c
Explanation:
Full employment is when available labour in an economy are efficiently used. When there is full employment, cyclical unemployment is zero. There would still be frictional unemployment.
Frictional unemployment is unemployment that exists between the time a person leaves their current unemployment and get another job.
Answer:
The correct answer is b. In the indirect method statement, the period's depreciation is added to net income because it is a source of cash
Explanation:
Indirect method make adjustment to reconcile the net income to cash. It depends on the account if it is added or subtracted to net income.
We are going to analyze the options
a. The operating section of the indirect method starts with the net income of the period TRUE
b. In the indirect method statement, the period's depreciation is added to net income because it is a source of cash
FALSE, depreciation is not a source of cash
c. Interest payments are included in the operating section of the direct method statement
TRUE
d. The investing section of the direct method statement for a period is identical to the investing section of the indirect method statement for the same period TRUE
Answer:
Are ups and downs in the level of economic activity
Explanation:
Business cycles is defined as the various ups and downs in the economic activities of a particular nations. These ups and downs are generally measured by the fluctuations in the macro economic variables. These macro economic variables includes:
(i) Gross domestic product (GDP)
(ii) Employment
(iii) Rate of consumption
There are four major phases in the process of business cycle are as follows:
(i) Expansion
(ii) Peak
(iii) Contraction
(iv) Trough
Answer:
Purchases= 408,000 pounds
Explanation:
Giving the following information:
Production:
2nd Q= 99,000 units
3rd= 109,000 units
Four pounds of material A are required for each unit produced.
Desired ending inventory= 30% of the next quarter's production
<u>To calculate the purchases for the second quarter, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= (99,000*4) + (109,000*4)*0.3 - (99,000*4)*0.3
Purchases= 396,000 + 130,800 - 118,800
Purchases= 408,000 pounds