If the Number of Unemployed Workers Is 20 Million, the Number

question 18

Multiple Choice

If the number of unemployed workers is 20 million, the number of employed workers is 30 million, and the working-age population is 80 million, what is the labour force participation rate?

• A)12.5%
• B)18%
• C)37.5%
• D)40%
• E)62.5%

Understand the accounting treatment for merchandise returns from customers.

Distinguish between different types of sales (cash sales, sales on account, sales with bank credit cards).

Recognize the accounting entries for purchases and sales under a perpetual inventory system.

Calculate sales discounts and understand their financial impact.

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Definitions:

Global Brands

Brands that are recognized and have a presence across multiple countries and cultures.

Coca-Cola

A multinational beverage corporation, known for its flagship product Coke, involved in the manufacturing, retailing, and marketing of nonalcoholic beverage concentrates and syrups.

Valuable

Having considerable worth, importance, or usefulness.

Global Brand

A brand that is recognized and has a consistent image and product availability across the world markets.