The Labour Force Participation Rate Is Calculated as the

question 109

Multiple Choice

The labour force participation rate is calculated as the

• A)labour force divided by the number of persons employed then multiplied by 100.
• B)labour force divided by the working- age population then multiplied by 100.
• C)number of persons unemployed divided by the labour force then multiplied by 100.
• D)labour force divided by the unemployment rate then multiplied by 100.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, which is recognized in the period in which the interest is accrued.

Times Interest Earned Ratio

A financial ratio that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes to its total interest charges.

Estimated Liabilities

Obligations or debts that a company expects to incur but has not yet quantified with certainty.

Note Payable

A written agreement where one party promises to pay another party a definite sum of money at a certain date or on demand.