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3. There were 2 681 000 unemployed persons. By educational attainment, 22.2% of the unemployed were college graduates, 12.6% were college undergraduates, and 33.39 were

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3. There were 2 681 000 unemployed persons. By educational attainment, 22.2% of the unemployed were college graduates, 12.6% were college undergraduates, and 33.39 were high school graduates (Source: http://www.tradingeconomics.com/philippines unemployment-rate). How many high school graduates were unemployed? Wh realization in life was brought to you by these statistics?2. As the financial manager of your firm, you are interested in the financial statement analysis made by your financial assistant. What was the current ratio calculated by your financial assistant if the value of the firm's current assets is P525 000 and the value of its current liabilities at year-end is P150 000? 3. A franchisee wants to know his business labor cost ratio. If his estimated labor cost for next month is P45 000 and the estimated net sales is P135 000, what is his labor cost ratio? 4. You wanted to compare the sales of your two store outlets. You asked your accountant to submit the sales reports from the two outlets. Based on the report, the net sales of outlet A is P135 000, while the net sales of outlet B is P225 000. What is the ratio of the net sales of outlet A to the net sales of outlet B? 5. You were hired as the operations manager of a store. You took the initiative to do an analysis of the store's financial statements. The financial statements reflect material cost of P36 000 and labor cost of P45 000. What is the ratio of the store's material cost to labor cost

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