The following items describe the responses of four individuals to a bureau of labor statistics (bls) survey of employment. mollie just graduated from college and is now looking for work. she has had three job interviews in the past month but still has not gotten a job offer. george used to work in an automotive assembly plant. he was laid off six months ago as the economy weakened. he expects to return to work in a few months when national economic conditions improve. jeanette worked as an aircraft design engineer for a company that produces military aircraft until she lost her job last year when the federal government cut defense spending. she has been looking for similar work for a year but no company seems interested in her aircraft design skills. ricardo lost his job last year when his company downsized and laid off middle-level managers. he tried to find another job for a year but was unsuccessful and quit looking for work. which individual(s) would be included in the calculation of the natural unemployment rate?

For each of the following situations, indicate whether you agree or disagree with the financial reporting practice employed and state the basic assumption, component, or accounting principle that is applied (if you agree) or violated (if you disagree).wagner corporation adjusted the valuation of all assets and liabilities to reflect changes in the purchasing power of the dollar.spooner oil company changed its method of accounting for oil and gas exploration costs from successful efforts to full cost. no mention of the change was included in the financial statements. the change had a material effect on spooner's financial statements.cypress manufacturing company purchased machinery having a five-year life. the cost of the machinery is being expensed over the life of the machinery.rudeen corporation purchased equipment for $180,000 at a liquidation sale of a competitor. because the equipment was worth $230,000, rudeen valued the equipment in its subsequent balance sheet at $230,000.davis bicycle company received a large order for the sale of 1,000 bicycles at $100 each. the customer paid davis the entire amount of $100,000 on march 15. however, davis did not record any revenue until april 17, the date the bicycles were delivered to the customer.gigantic corporation purchased two small calculators at a cost of $32.00. the cost of the calculators was expensed even though they had a three-year estimated useful life.esquire company provides financial statements to external users every three years.