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Yuki888 [10]
2 years ago
11

Here is a quote from the article: "instead, these nonemployed workers tend to be those who have been left behind by the economic

changes of the last generation. their jobs have been replaced by technology or have gone overseas, and they can no longer find work that pays as well." which type of unemployment does this quote describe
Business
1 answer:
AveGali [126]2 years ago
3 0
People that have lost their jobs because of unemployment is in a situation called technological unemployment. Usually, these are tasks are done repeatedly that can be replaced by machines. Companies see it as more efficient and low-cost than hiring people with benefits. 

On the other hand, brain drain happens when workers go abroad to work rather than work in their country because they are not well compensated. 
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Mayfair Co. allows select customers to make purchases on credit. Its other customers can use either of two credit cards: Zisa or
alexandr402 [8]

Answer:

June 4 Sold $650 of merchandise (that had cost $400) on credit to Natara Morris.

June 4

Dr Accounts receivable 650

    Cr Sales revenue 650

June 4

Dr Cost of goods sold 400

    Cr Inventory 400

5 Sold $6,900 of merchandise (that had cost $4,200) to customers who used their Zisa cards.

June 5

Dr Accounts receivable 6,693

Dr Credit card fees 207

    Cr Sales revenue 6,900

June 5

Dr Cost of goods sold 4,200

    Cr Inventory 4,200

June 5, after Zisa transfers the money

Dr Cash 6,693

    Cr Accounts receivable 6,693

6 Sold $5,850 of merchandise (that had cost $3,800) to customers who used their Access cards.

June 6

Dr Unbilled revenue 5,733

Dr Credit card fees 117

    Cr Sales revenue 5,850

June 6

Dr Cost of goods sold 3,800

    Cr Inventory 3,800

8 Sold $4,350 of merchandise (that had cost $2,900) to customers who used their Access cards.

June 8

Dr Unbilled revenue 4,263

Dr Credit card fees 187

    Cr Sales revenue 4,350

June 8

Dr Cost of goods sold 2,900

    Cr Inventory 2,900

10 Submitted Access card receipts accumulated since June 6 to the credit card company for payment.

June 10

Dr Accounts receivable 9,996

    Cr Unbilled revenue 9,996

13 Wrote off the account of Abigail McKee against the Allowance for Doubtful Accounts. The $429 balance in McKee’s account stemmed from a credit sale in October of last year.

June 13

Dr Bad debt expense 429

    Cr Allowance for doubtful accounts 429

17 Received the amount due from Access.

June 17

Dr Cash 9,996

    Cr Accounts receivable 9,996

18 Received Morris’s check in full payment for the purchase of June 4.

June 18

Dr Cash 650

    Cr Accounts payable 650

3 0
2 years ago
General Mills collects data on​ sales, customer​ information, preferences, and a host of other information related to the​ Go-gu
kvv77 [185]

General Mills is most likely using marketing information system in collecting and storing data. A market information system is being used in order to support the decision making of the market in which the data is composed of stored, analyzed and gathered data in which is being distributed to the managers.

4 0
2 years ago
Read 2 more answers
Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a u
Romashka [77]

Answer:

Kindly check the attached images below for the well arranged account entries

Explanation:

1    

Date General Journal Debit Credit  

Jul 01,2022 Equipment 25550  =15800+6800+2950

Prepaid Insurance 2750  

     Cash  28300  

2    

Date General Journal Debit Credit  

Dec 31,2022 Depreciation expense 1915  =(25550-6400)/5*6/12

     Accumulated Depreciation-Equipment  1915  

3    

Year Depreciation expense Accumulated

Depreciation Book value  

2022 1915 1915 23635  

2023 3830 5745 19805  

2024 3830 9575 15975  

2025 3830 13405 12145  

2026 3830 17235 8315  

2027 1915 19150 6400  

Total 19150    

4    

Date General Journal Debit Credit  

Dec 31,2022 Insurance expense 1375  =2750*6/12

    Prepaid insurance  1375

4 0
2 years ago
Domino Foods, Inc., manufactures a sugar product by a continuous process involving three production departments—Refining, Siftin
Artist 52 [7]

Answer:

Domino Foods, Inc Journal enties

Sept 30

Dr Refining work in processs 400,000

Cr Material 400,000

Sept 30

Dr Refining work in processs 150,000

Cr Labour 150,000

Sept 30

Dr Refining work in processs 100,000

Cr FOH control account 100,000

Sept 30

Dr Stiffing work in processs 575,000

Cr Refining work in processs575,000

Explanation:

Domino Foods, Inc Journal enties

Sept 30

Dr Refining work in processs 400,000

Cr Material 400,000

Sept 30

Dr Refining work in processs 150,000

Cr Labour 150,000

Sept 30

Dr Refining work in processs 100,000

Cr FOH control account 100,000

Sept 30

Dr Stiffing work in processs 575,000

Cr Refining work in processs575,000

(400,000+150,000+100,000-40,000-35,000)

3 0
2 years ago
Read 2 more answers
Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $25,300
Svetradugi [14.3K]

Answer:

$24,635,865

Explanation:

total cash inflows = ($25,300 x 1,700) + ($23,700 x 1,720) = $83,774,000

variable costs = $83,774,000 x 57% = $47,751,180

fixed costs = $3,400,000

depreciation expense = $675,000

tax rate = 25%

operating cash flow = [($83,774,000 - $47,751,180 - $3,400,000 - $675,000) x (1 - 25%)] + $675,000 = $23,960,865 + $675,000 = $24,635,865

5 0
2 years ago
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