Suppose a nation has a labor force of 45.5 million workers and an unemployment rate of 6.15%. Instructions: Round your answers to two decimal places. a. How many workers in this nation are unemployed? million b. How many workers in this nation are employed? million

Answers

Answer 1
Answer:

 When The number of workers unemployed in this nation is 2.8 million

Unemployed workers

When The number of workers employed is 42.70 million

 Although when 45.5 million accounts for the nation's labor force of 100% since the unemployment rate is 6.15%, then hence proof that the percentage of workforce gainfully employed is 93.85% .(100%-6.15%)

Then Accordingly, the portion of the population is employed is 42.70 million(93.85%*45.5 million) while the balance of 2.8 million is for the unemployed(45.5 million minus 42.70 million)

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Answer 2
Answer:

Answer:

The number of workers unemployed in this nation is 2.8 million

The number of workers employed is 42.70 million

Explanation:

45.5 million accounts for the nation's labor force of 100%,since the unemployment rate is 6.15%,hence the percentage of workforce gainfully employed is 93.85%.(100%-6.15%)

Accordingly, the portion of the population employed is 42.70 million(93.85%*45.5 million) while the balance of 2.8 million is for the unemployed(45.5 million minus 42.70 million)


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The projected cash flow for the next year for Minesuah Inc. is $100,000, and FCF is expected to grow at a constant rate of 6%. If the company's weighted average cost of capital is 11%, what is the value of its operations?

Answers

Answer:

$2,000,000

Explanation:

Menesuah incorporation has a projected cash flow of $100,000

FCF is expected to grow at a constant rate of 6%

The weighted average cost of capital is 11%

Therefore the value of its operation can be calculated as follows

= 100,000/(11/100-6/100)

= 100,000/0.11-0.06

= 100,000/0.05

= $2,000,000

Hence the value of its operation is $2,000,000

Insurance.Susan,a trained nurse,was recently elected to the U.S.Senate.Susan is very concerned about the lack of insurance for many children and also working adults who cannot afford the insurance premiums.She proposes legislation that states are taxed sufficiently to provide health insurance coverage to children and that federal funds for state highways are denied to any state that does not also provide insurance coverage for uninsured adults.She also proposed that states with citizens earning higher than average incomes be taxed at a higher rate than other states.Bill,a senator,tells Susan that Congress lacks the authority to tax in this manner because the U.S.Constitution expressly reserves that right to the states.Ellen,another senator,tells Susan that Congress has no authority to link highway funds or any other funds with social welfare objectives.Sam,an administrative assistant,tells Susan that Congress is prohibited from taxing residents of one state at a higher rate than citizens of another state.Which of the following is true regarding Ellen's statement? A) Ellen is correct.
B) Ellen is correct only if the state is making efforts to put social programs into effect and is not acting unreasonably in refusing to provide needed services.
C) Ellen is partially correct in that Congress has no authority to link highway funds with social services,but any other funds may be linked to social services by executive order.
D) Ellen is partially correct in that Congress has no authority to link highway funds with social services,but other funds may be linked to social services by an act of Congress.
E) Ellen is incorrect.

Answers

Answer: E. Ellen is incorrect.

Explanation:

From the information provided, we can deduce that Bill is incorrect. This is because the statement made by Bill that "Congress lacks the authority to tax in this manner because the U.S.Constitution expressly reserves that right to the states" is incorrect. It should be noted that the constitution of the United States contains no such reservation.

Also, Ellen is incorrect. This is because the Congress has the authority to link highway funds or any other funds with social welfare objectives.

When small describes how his customers choose to purchase his clothes (by evaluating that his brand is environmentally conscientious, whereas most other brands are not), which condition of exchange is being met?

Answers

The condition of exchange that is being met when Small describes how his customers choose to purchase his clothes (by evaluating that his brand is environmentally conscientious, whereas most other brands are not) is that each party believes it is appropriate or desirable to deal with the other party.

Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a percentage of credit sales. For 2013, net credit sales totaled $4,500,000, and the estimated bad debt percentage is 1.5%. The allowance for uncollectible accounts had a credit balance of $42,000 at the beginning of 2013 and $40,000, after adjusting entries, at the end of 2013.Required:1. What is bad debt expense for 2013?2. Determine the amount of accounts receivable written off during 2013.3. If the company uses the direct write-off method, what would bad debt expense be for 2013?

Answers

Answer:

1. $67,500

2. $69,500

3. $69,500

Explanation:

1. The computation of bad debt expense is shown below:-

Bad debt expense = Credit sales × Debt percentage

= $4,500,000 × 1.5%

= $67,500

2. The computation of receivable written off is shown below:-

receivable written off = Allowance Beginning balance + bad debt expense - Allowance ending balance

= $42,000 + $67,500 - $40,000

= $69,500

3. The computation of bad debt expense be for 2013 is shown below:-

= receivable written off

= $69,500

Calculate the current account balance if a small country exports $200 million in goods and services and imports $160 million, it receives $80 million in foreign aid and private charity (net), it pays $15 million to foreign citizens working locally, and its own citizens earn $36 million abroad.

Answers

Answer:

$141 million.

Explanation:

Given: Export= $200 million.

           Import= $160 million.

           Foreign aid received= $80 million

           Payment to foreign citizen= $15 million

           Earning from abroad= $36.

Now, computing current account balance.

Total current account= (X-M)+NI+NT

X- export

M-Import

NI-Net income

NT-Net current transfer.

Net income= (\textrm{ earning of own citizen working abroad - Payment to foreign citizen})

⇒ Net Income= \$ 36-\$ 15= \$ 21\ million

Net Income (NI)= $21 million.

Net Transfer (NT)= $80 million.

Current account= (200-160)+21+80= \$ 141\ million.

Current account balance is $141 million.

Medicaplus, a pharmaceutical company, is finding it difficult to track and locate slow moving medicines. pharmaceutical distributors have been complaining about the time it takes for their orders to arrive. one technology that can be used effectively to shorten this waiting period, locate, and track items easily is:

Answers

One technology that can be used effectively to shorten this waiting period, locate, and track items easily is RFID. RFID stands for the radio-frequency identification. This system uses an electromagnetic field to identify and track tags that are attached to different objects. They are transmitted over radio waves from sender to receiver. 
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