Trina will bring 4,500 for the transaction.
A financial transaction is one wherein one institutional unit makes a payment (gets a payment) or incurs a legal responsibility (receives an asset) stated in gadgets of foreign money. source booklet: SNA 3.16. cross References: Non-monetary transactions.
A financial institution transaction is any cash that acts in or out of your financial institution account. Varieties of financial institution transactions include cash withdrawals or deposits, tests, online bills, debit card prices, wire transfers, and loan bills.
Transactions have the following traits: Nested block shape is viable. Variables of the range of the native kind, waft, boolean, and string, and arrays of easy types (array of range, array of waft, array of boolean, array of string) can be used.
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given that jacob's chocolates had owner investments of $4,000; net income during the period of $10,000; and owner withdrawals of $300 calculate the ending balance in the owner's capital account. multiple choice question. $6,300 $14,300 $13,700
Based on the owner investments, the net income and the owner withdrawals, the ending balance in the owner's capital account is $13,700
What is the ending balance in owner's capital?The ending balance in the owner's capital can be found as:
= Beginning owner investments + Net income during the period - Owner withdrawals
Solving for the ending balance gives:
= 4,000 + 10,000 - 300
= 14,000 - 300
= $13,700
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which approach to standard setting emphasizes the use of professional judgment when choosing how to account for a transaction?
The approach to standard setting emphasizes the use of professional judgment when choosing how to account for a transaction is Principles-Based or Objective-oriented.
What does it mean to be principles-based?A principles-based method is known to be one that tends to look into the group of principles that tend to specify the zeal of regulation, instead of the group of rules detailing requirements of any kind of financial institution.
Note that the Principles-based Accounting Standards is one that is often regarded as those kind of rules set as well as the guidelines that organizations as well as firms need to follow if they are said to be making financial reports.
Hence, The approach to standard setting emphasizes the use of professional judgment when choosing how to account for a transaction is Principles-Based or Objective-oriented.
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Theresa spends 2 hours working instead of watching tv with her friends. The opportunity cost to her of working is.
Theresa spends 2 hours running rather than watching tv with her friends. The opportunity cost to her of running is: the profits earned running per hour
The definition of an opportunity is a positive state of affairs for an effective outcome. An instance of an opportunity is a lunch meeting with a probable organization.
This opportunity will let you observe positive paths which lead toward reaching your desires and goals. If we want what is first-rate for our careers then taking an opportunity is important. possibilities assists individuals to expand work-associated capabilities allowing them to achieve efficient paintings inside our community. each community-based totally and facility-based totally talent improvement, employment, and schooling options are available. Possibilities are first-rate motivators because they promote innovation, dedication, and power. Even in industries with which an entrepreneur is surprised, particular opportunities for fulfillment are what makes enterprise exciting. entrepreneurs and commercial enterprise-owners alike ought to look for extra possibilities.
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1.
50% of college students are spending up to $20 everytime they dine out.
Based on this number, do you think it's good for your budget to dine out
3x a week? Explain your reasoning.
|
I
Answer:
yes but also no because $60 a week is kinda alot of money for a college student who might not have a job but it is their choice and it depends if they make money
jeremy has focused on developing his listening skills and using his firm's new intranet technology to better convey information. on which of the employability skills is jeremy focusing?
Jeremy has focused on developing his listening skills and using his firm's new intranet technology to better convey information. Jeremy is focusing on the employability skills of communication.
Communication is an essential employability trait in today’s fast-paced and interconnected world. It consists in the capacity to exchange information with other people through various mediums, ranging from direct conversations, to the written form, to even televised form such as the TV ads.
Open and genuine communication in the workplace is key to fostering a healthy work culture. It is a top trait of the team player. Managers need to be effective communicators to ensure employees are committed to the organization’s values and understand their specific responsibilities. Communication is essential to concluding beneficial partnerships and expanding one’s consumer bases.
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what type of decision is the following: which employee should we let go home since business is slow?
Operational decisions are which employee should we let go home since business is slow.
What is the difference between operational and strategic?Strategic management places an emphasis on the company's future and extends a three- to the five-year business plan. However, operational management emphasizes short-term strategies and implementation techniques. Operational management allows leaders to make plans that look up to a year into the future of the organization.
Specific business decisions are made daily within any business which are referred to as operational decisions. There are millions of these taken, and there are countless varieties. Operational decisions are used in everyday business to manage daily operations by many employees.
The planning, analysis, and execution of a company's operations are all guided by its operations strategy.
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revenues should not be recognized in the accounting records when earned, but rather when cash is received.
The given statement is "Generally speaking, revenues should not be recognized in the accounting records when earned, but rather when cash is received." False:
What are accounting documents why is it crucial?Accounting records are crucial because they provide important data and supporting documentation for the preparation, validation, and audit of financial statements. They serve as evidence for both monetary and non-monetary transactions and serve to indicate ownership of assets for the purpose of creating liabilities.
What three different types of accounting records are there?Three types of accounting records are:
Income statement.Balance sheet.Statement of cash flows.What are the records of business accounting?records for accounting. Your accounting records contain all of the transactions for your company. All of the details about ones income, equity, and expenses are included in the accounting records that are required for business.
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I understand that the question you are looking for is:
T or F: As a general rule, revenues should not be recognized in the accounting records when earned, but rather when cash is received
joan evans has rented a storage locker at storage 'r' us for the past two years. she has discovered another storage locker facility nearby that is climate-controlled and only costs a few dollars more per month to rent. joan has decided to end her lease at storage 'r' us and move her things to the climate-controlled facility. the management at storage 'r' us has refused to refund joan's $35 security deposit. joan's contract provides that if she sweeps out her locker, and no damage is done, the deposit will be returned. joan has swept the locker and there is no damage in her unit. what suggestions can you give joan for resolving the dispute? a. joan should file suit in a small claims court. b. joan should file suit in a federal district court. c. joan should file suit in an appellate court.
From the case that has been presented here the advise that would be offered to Joan Evans would be for her to file suit in a small claims court.
What is meant by the term small claims court?This is the term that has to do with the type of court that all small claims about money that may just be very little sums can be made without the need for any forms of legal representation in the United States. This is the type of court that would have the person that is involved going to make all claims that would help them to get back their money from the whatever party seems to be having it.
This is what Joan would have to use based on the sum of money that she is fighting to have refunded.
Hence we can say that the From the case that has been presented here the advise that would be offered to Joan Evans would be for her to file suit in a small claims court.
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on november 7, mura company borrows $160,000 cash by signing a 90-day, 8%, $160,000 note payable. 1. compute the accrued interest payable on december 31. 2.
The accrued interest that will be payable will be $1893. Amount of note payable $160,000, interest on note payable 8%. The number of days of note payable is 90 days.
Accrued interest will be the Principal amount × Interest Rate × Time period.
Accrued interest will be 160,000 × 8/100×54/365
Accrued interest will be $1893.
Mura Company issued the note payable as it wanted cash of $160,000. the accrued interest will be calculated for the period for which the interest was due. The period will be from November 7 to December. So that will be 31 days of December and (30-7) 23 days of November.
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imagine that the nation has just entered an unexpected recession. place the following items in the order in which we would expect them to occur according to a textbook approach to monetary policy.
The order of the monetary policy are:
The Federal Reserve are the reduces the federal funds. Consumer interest are the lower or down. The company are the taking the loans. Economic system are the wealth higher.The Federal Reserve the increases the federal funds rate.What is policy?
In a government or other entity in terms of a “policy” meaning be a framework, agreement, declaration, rule, practice, direction, or administrative decision.
The word monetary policy refers to the primary task of controlling the amount of money that is accessible in the economy.
The order was the arranged are:
The Federal Reserve reduces the federal funds rate objective.Consumer interest rates are falling or down. The number of loans taken out by firms and individuals is growing. Economic development is resuming. The Federal Reserve raises its objective for the federal funds rate.Learn more about on policy, here:
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Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. True or false?.
Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. This statement is false.
What is Quantitative management?It should be noted that quantitative management is the use of mathematical techniques to select stocks.
Professionals may arrange and comprehend statistics using quantitative procedures, which are research approaches used to examine quantitative data. This enables them to make wise decisions. It assists managers in creating information systems that convey information about activities taking place both inside and outside the firm.
In this case, Quantitative management emphasizes the use of mathematical and computer simulation.
Therefore, the information regarding accounting is false.
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What is the difference between marginal cost and marginal revenue?
Marginal cost is the money earned from selling one more unit of a good. Marginal revenue is the money paid for producing one more unit of a good
Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good.
Marginal cost is the money a producer might make from one more unit. Marginal revenue is the money a producer actually makes from one more unit.
Marginal cost is the money a producer actually makes from one more unit. Marginal revenue is the money a producer might make from one more unit.
The difference between marginal cost from marginal revenue is B. Marginal cost is the money paid for ... Marginal revenue is the money earned from ...
What is the Marginal cost?The marginal cost arises when a producer or seller incurs additional costs for producing or selling one more unit.
For instance, if a seller sells ten units today, the marginal cost is the additional cost for producing or selling the 10th unit.
What is the Marginal Revenue?The marginal revenue arises when a seller earns additional income for selling another unit of a product or service.
For example, when a seller sells ten units today, the marginal revenue is the additional income earned for selling the 10th unit.
Thus, Option B explains the difference between the marginal cost and the marginal revenue.
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the december 31, 2021, balance sheet of justin’s golf shop, incorporated, showed current assets of $1,125 and current liabilities of $925. the december 31, 2022, balance sheet showed current assets of $1,340 and current liabilities of $1,015. what was the company's 2022 change in net working capital, or nwc?
The company's 2022 change in net working capital or nwc is $125
What is net working capital?
The net working capital of the company in each year is the current assets minus the current liabilities, however, the requirement, in this case, is to determine the net working capital in each year so as to determine the change over the two years, which means that we would compute the net working capital in years 2021 and 2022 first and foremost, then we proceed to determine the change in net working capital, the excess of 2022 net working capital over that of 2021 as shown below:
net working capital in 2021=$1,125-$925
net working capital in 2021=$200
net working capital in 2022=$1,340-$1015
net working capital in 2022=$325
change in net working capital=$325-$200
change in net working capital=$125
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members can pay their monthly premium at the register of cvs retail locations. select one: true false
Yes , as a ACA individual member , you can make cash , Credit and debit card premium , payments at any CVS pharmacy retail location no extra cost to you
It is absolutely correct to mention that members have an option that they can pay their monthly premium at the register of CVS retail locations. Therefore, the statement given above holds true.
What is the significance of a CVS retail?A CVS retail center can be referred to or considered as a public facility center that allows small utility for customers. This facility is of great utility for the people who cannot afford to got to distant locations for small tasks. These centers are located across the wide network in the United States.
The utility behind a CVS retail store is that it can be used to make bill checks, order pharmacies, and also pay the monthly premium of different insurances or categories notified under the regulations without incurring any extra costs in the form of agent commissions for the customers.
Therefore, the statement aforementioned regarding the significance of a CVS retail holds true.
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when compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions
When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions requires business managers to have more knowledge of the laws of other countries.
What is the significance of country of origin principle?The country of origin principle is an important feature of leading parts of Union law. It is also known as home country control, country of origin rule, and country of origin principle.
The country of origin principle mainly aims to ensure the effective protection of the public interest in the country of origin.
Basically, the country of origin principle has the main purpose to vest exclusive jurisdiction to regulate in one Member State only.
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a firm's current profits are $900,000. these profits are expected to grow indefinitely at a constant annual rate of 2 percent. if the firm's opportunity cost of funds is 4 percent, determine the value of the firm:
The value of firm is $45,000,000
PV = $900,000 / (0.04 - 0.02) = $45,000,000
The PV after paying out current profits is
$45,000,000 - $900,000 = $44,100,000.
What is annual rate?
In the form of an annual percentage rate, the cost of borrowing money each year, including fees, is disclosed (APR).Due to the fact that it accounts for both interest rates and application fees, the annual percentage rate (APR) provides a more complete reflection of the cost of borrowing money to you.
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a court issued a section 213 warrant in connection with the search of an envelope that had been mailed to a target of an investigation. the search confirmed that the target was operating a hawala money exchange that was used to funnel money to the middle east,
Sec. 213: Permits "sneak and peek" search warrants, which provide authorities the right to examine a residence or place of business without first informing the subject of the investigation.
What do you mean by the warrant?A warrant is typically an order that acts as a particular kind of authorization; it is a writ issued by a competent officer, typically a judge or magistrate, that permits an otherwise unlawful act that would violate one's rights while also providing the person executing the writ with protection from harm should the act be carried out. A court will typically issue a warrant to a police officer, sheriff, or constable. Search warrants, arrest warrants, and execution warrants are some of the common types of warrants that courts issue.
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karen just bought and closed on a new home that cost $195,000. her mortgage amount is $165,500. how much is the intangible recording tax on karen’s property?
$496.50 is the intangible recording tax on Karen's property.
$496.50 $165,500 ÷ $500 = $331
$331 x $1.50 = $496.50
Karen just bought and closed on a new home that cost $195,000. her mortgage amount is $165,500. $496.50 is the intangible recording tax on Karen's property.
What is the Tax?A government typically levies taxes on its citizens, including individuals and corporations, to help pay for public goods and services as well as to develop and maintain the nation's infrastructure. All those who live in the economy benefit from the tax revenue that is collected.
Income taxes are levied on money that a taxpayer receives in one form or another in the US and many other nations around the world. The funding may come from a salary, capital gains from rising investments, dividends or interest received as additional income, purchases of products and services, and so forth.
A tax demands that a portion of the taxpayer's income or funds be withheld and given to the government. Tax evasion, or the willful refusal to pay one's full tax obligations, is against the law and is punished by fines and imprisonment. Payment of taxes at rates set by the government is required. On the other hand, it is quite permissible to employ tax avoidance measures in order to reduce your tax liability and increase your after-tax income.
Thus, $496.50 is the intangible recording tax on Karen's property.
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situation: bartholomew's luxury furniture produces handcrafted home goods with lifetime warranties. bartholomew invests heavily in educating and training his team to help them avoid mistakes that could lead to defective products. according to the cost of poor quality, what category does this cost belong to?
Bartholomew's luxury furniture produces handcrafted home goods with lifetime warranties. Bartholomew invests heavily in educating and training his team to help them avoid mistakes that could lead to defective products. according to the cost of poor quality, what category does this cost belong to Prevention.
What is handicraft?
Generally speaking, when a business, brand, or individual uses the terms handmade or handcrafted, they suggest that the item was manufactured by hand rather than by a machine.
However, these two expressions are not equivalent in a technical sense. The degree to which the maker or craftsman participates in the production process determines the distinction between "handmade" and "handcrafted" goods.
Both methods do require using your hands to create them. But when anything is described as being handmade, it usually means that although machine manufacture may have helped produce some of the raw materials or pieces, the assembly was done by hand.
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What is one pitfall of instant messaging? question 20 options: it's easy to get a quick response. it's easy to hit send before really thinking about what you wrote. it takes too long to send. it takes too long to get a response to your message.
Answer:
a
Explanation:
when a researcher does not have much knowledge about a market or needs newer or more recent information, the more likely he or she will conduct .
When a researcher does not have much knowledge about a market or needs newer or more recent information, the more likely he or she will conduct exploratory research.
Who is a researcher?A researcher can be defined as someone that collect data or information from a group of population so as to draw or reach a conclusion after evaluating and analyzing the data collected.
Exploratory research on the other hand has to do conducting a research so as to examine or investigate a problem that is yet to be solved.
Therefore when a researcher does not have much knowledge about a market or needs newer or more recent information, the more likely he or she will conduct exploratory research.
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What is a service economy? (1 point)
A service economy is an economy with lax governmental intervention in any service jobs, allowing
the service market to develop rapidly.
O A service economy is an economy with greater economic output in goods than in services.
A service economy is an economy with heavy governmental intervention in any service jobs, which
does not allow the service market to develop.
A service economy is an economy with greater economic output in services than in goods.
A service economy is an economy with greater economic output in services than in goods. The correct option is D.
What are the characteristics of a service economy?The tertiary sector dominates the service-based economy, there are many services available, there are few manufacturers, and most service-based economies are found in first-world nations.
A service economy is one where the provision of services, as opposed to the production of goods, is the main economic activity. Since services account for the majority of the country's economic growth, the United States essentially has a service-based economy.
Thus, the ideal selection is option D.
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if the average price of gasoline is $3.25 per gallon in your town, and gasoline is a perfectly competitive market, explain what might happen and why in your town if the price of gas dropped to $0.50 overnight? what if it jumped to $10 per gallon overnight?
Law of Demand
Demand is inversely proportional to the price of the product if all other constraint remains constant.
a ) The price of the product will decrease and also by the law of demand when the demand will increase which cause the quantity of gasoline bought and also sold increase.
b ) It it cause in price increase, which will decrease the quantity of gasoline bought and also sold.
What is demand?
In economics, demand is the quantity of an item that customers are willing and able to purchase at various prices at a certain time and place. The link above relative price demand is sometimes referred to as the demand curve.
Therefore,
If the average price of gasoline is $3.25 per gallon in your town, and gasoline is a perfectly competitive market, explain what might happen and why in your town if the price of gas dropped to $0.50 overnight? what if it jumped to $10 per gallon overnight?
Law of Demand
Demand is inversely proportional to the price of the product if all other constraint remains constant.
a ) The price of the product will decrease and also by the law of demand when the demand will increase which cause the quantity of gasoline bought and also sold increase.
b ) It it cause in price increase, which will decrease the quantity of gasoline bought and also sold.
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stakeholders can be classified as internal to, or external to the organization. examples of external stakeholders include government agencies and professional groups. group of answer choices true false
The correct answer of external stakeholders is true.
What is External Stakeholders?
Customers, shareholders, suppliers, government organizations, and the general public are examples of external stakeholders. There are several reasons why they want the business to succeed. Customers desire to get the greatest product or service available. Additionally, they might want to see the company improving society and lessening its negative effects on the environment. Suppliers want to see a rise in the company's demand for the goods and services it offers so that they will have more customers who need its goods and services. In order to promote the economy, governments and regulatory authorities want the corporation to abide by the law, hire more people, and maintain sound financial practices.
Stakeholders can be classified as internal to, or external to the organization. Examples of external stakeholders include government agencies and professional groups.
Hence the given statement is true.
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according to the bureau of labor statistics, indicated there will be a shortage of engineers by 2026 by 1.2 million
The Bureau of Labor records shows that by way of 2026, the shortage of engineers within the US will exceed 1.2M. As machine learning technologies unexpectedly grow, and 92% of companies boom their cloud workloads, the IT skills shortage maintains increasing.
The Bureau of labor information is a unit of the USA branch of hard work. it's miles the primary reality-finding organization for the U.S. government in the huge discipline of hard work economics and data and serves as a main agency of the U.S. Federal Statistical System.
The Bureau of labor statistics measures hard work market interest, working conditions, rate adjustments, and productivity in the U.S. financial system to guide public and personal decision-making.
The statistical reliability of the BLS salary statistics is ok for maximum metropolitan and non-metropolitan regions (as a minimum of 90 percent of areas). For a small percentage of regions, the BLS information is not as reliable.
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control procedures such as counterbalancing are designed to maximize internal validity by eliminating: extraneous variables
An extraneous variable is any variable that you're no longer investigating that may potentially have an effect on the based variable of your research study. A confounding variable is a type of extraneous variable that not only affects the dependent variable but is likewise associated with the independent variable.
Essentially, an extraneous variable is any aspect that can affect a test's based variables, which might be the managed situations. in view that unexpected variables can trade a test's interpretation and consequences, it's essential to discover ways to control them.
Extraneous variables must be managed if possible. One way to govern extraneous variables is with random sampling. Random sampling does not take away any extraneous variable, it only ensures it's miles identical among all organizations.
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if the skills required by a project cannot be met by the available project team, which would probably not be a reasonable solution?
The skills required by a project cannot be met by the available project team, which would probably not be a reasonable solution Modify the project to use skills inherent in the project team.
Either systems prototyping or throwaway prototyping is normally an excellent technique choice when the undertaking has doubtful consumer necessities. A crucial achievement aspect for venture management is initially a sensible evaluation of the work that desires to be achieved.
In maximum IT departments, the demand for IT tasks is typically approximately similar to the branch's ability to supply them. Phased development is a layout technique that divides the general device into a series of variations that are advanced sequentially. The margin of error in cost and time estimates may be an as great deal as 20% in the planning section for the system inspiration deliverable.
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risk means different things to different people, depending on the context and on how they feel about taking chances. while certainly acknowledging these different kinds of risk, we limit our attention to the risk inherent in an investment. in this context, risk is the potential variability in future cash flows.
Risk in finance refers to the degree of uncertainty and/or possible financial loss present in an investment decision.
What is risk and how it is different from return?Risk considers the possibility of a loss on your investment, whereas return is the amount of money you can earn over and above your initial outlay. In a competitive market, investments with higher risks will need to provide bigger returns in order to balance the possibility of losing money.
When you invest, you decide how to use your financial resources. Any investment-related uncertainty that has the potential to harm your financial well-being is referred to as a risk. For instance, market conditions could influence the value of your investment to increase or decrease (market risk). Investors typically seek bigger returns when investment hazards increase to make up for the increased risk.
In this context, the risk is the potential variability in future cash flows.
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The 5 Well-Being domains are Physical, Intellectual, Social, Emotional, and Financial
These are the 5 well-being domains of life Physical, Intellectual, Social, Emotional, and Financial.
What is Intellectual?Intellectual is a quality of human, this is the quality that represents the goods and healthy mind of a person. This helps the individual greatly in life.
Physical is also a quality of a person that represents the physical fitness of a person.
Social quality or domain refers to the influencing power and the interpersonal skills that the individual possess.
Emotional is the the domain that is developed through the birth of a child, the emotional bonds that are created and shared by the loved ones is the emotional domain.
Financial domain is the skill of being good with numbers, this financial domain leads an individual to secure a job in the finance department.
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In the early 1890s, the average employee in the united states worked about how many hours per week?.
In the early 1890s, the average employee in the United States worked approximately 100 hours per week.
Workers are part of the workforce. While the labor force is everyone who is involved or trying to be involved in productive activities that produce goods and services. Meanwhile, workers or working residents are people who work in any field for a salary or pay.
Based on the type of activity, workers can be divided into two types, including:
Spiritual Worker (Non-physical) Spiritual or non-physical workers are workers who in their work activities use more thought processes, ideas, ideas, and so on. For example, managers, secretaries, directors, and consultants.Physical Worker (Physical) Physical or physical workers are workers who in carrying out their work activities use physical or physical energy. For example, construction workers and public transport drivers.You can learn more about Workers here brainly.com/question/13715326
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