The statement which accurately describes intergenerational mobility patterns among industrial countries is the positions of parents in stratification is transmitted.
Intergenerational social mobility refers to the relationship between the socioeconomic status of parents and the status children achieve as adults. In other words, mobility reflects the extent to which individuals move up and down the social ladder relative to their parents.
Intergenerational mobility occurs when social status changes from generation to generation. The change can be upward or downward. For example, his father worked in a factory while his son was being trained to become a lawyer or a doctor.
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all plans must cover at least the standard part d coverage or its actual equivalent which of the following
Payment of an annual deductible, 25% cost sharing up to the coverage gap, a share of the cost of both generic and name-brand pharmaceuticals during the gap and co-pays or coinsurance after the coverage gap are all necessary for Part D coverage.
What does standard Part D coverage include?Every plan must provide the actuarial equivalent of the minimum Part D coverage. When the beneficiary reaches the catastrophic coverage threshold, they are required to pay either co-pays for generic and brand-name medications or coinsurance of 5%, whichever is higher, as part of the standard Part D coverage.
Payment of an annual deductible, 25% cost sharing up to the coverage gap, a share of the cost of both generic and name-brand pharmaceuticals during the gap. and co-pays or coinsurance after the coverage gap are all necessary for Part D coverage.
Carline can continue receiving Original Medicare while simultaneously signing up for a Medicare prescription drug plan through a private business that has an agreement with the government to exclusively offer such medication coverage to qualified Medicare beneficiaries. All plans must offer the actuarially equivalent of the minimum required Part D coverage.The basic benefit comprises a yearly deductible and a coverage gap, formerly known as the "Donut Hole". Sponsors may also provide plans that are different from the standard benefit but actuarially similar to it.Learn more about Part D coverage here:
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Larry's Kite Shack operates on the Florida beaches during the tourist season. Last year, Larry sold $25,000 worth of kites. His cost of goods was $7,000, and he paid himself a salary of $20,000. On an income statement, Larry's business would have a(n): Group of answer choices net loss gross expense negative revenue net profit negative retained earning
Negative net profit $2,000 to be reported in the profit or loss statement. also this will be reported as current years retained earnings this negative figure will lower the previous retained earnings balance.
What is Revenue?Revenue is the amount that an organization receives for the goods sold or services provided, the revenue is the core reason for the company to exist, revenue is generated and paid by the customers of the organization.
It is highly followed that the expenses of a company is lower than the revenue it generates. However in the given question Larry seems to be the sole trader and that is why he is paying the salary to himself.
The loss is calculated as
Gross profit is calculated first as
revenue - Cost of goods sold i.e $25000 - $7000 = $18000
then net loss = Gross profit - Administrative expenses i.e $18000 - $20000 = -$2000.
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For which classification of consumer goods would consumers expend the most effort as they attempt to make just the right choice?
The consumer goods for which the consumer expand the most effort according to convenience ,their shopping preferences which can be either services or the non durable ,durable goods to make correct choice.
Consumer goods are also known as final or the end product. Producer goods are the one used in production processes and are not sold directly to consumers. Whereas, convenience or consumer goods are classified as durable and non durable goods that are consumed on a daily basis available for immediate purchase .
It is, very simply said, the public-facing promotion of your items. Marketing emphasizes focusing on the individual customer, as opposed to organizations that sell your goods on your behalf.
Therefore, the consumer goods for which the consumer expand the most effort according to convenience ,their shopping preferences which can be either services or the non durable ,durable goods to make correct choice.
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A flier outside a community center states that an organization is accepting charitable donations of clothing for families whose homes are damaged by weather. Which action is likely one role of this organization
The action that is likely one role of this charity organization is providing jackets during snowstorms.
Charity organizations can be regarded as those organizations that are devoted to providing help to humanity without expecting any reward from the government.
Therefore, in the case above where people donated clothing for families whose homes are damaged by weather, it is the function of that organization to make the clothes to get to the victims.
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If the market is efficient and securities are priced fairly, all securities will have the same:______
Reward to risk ratio for all the securities will be constant, if the market is efficient and securities are priced fairly. According to the efficient market hypothesis (EMH) or theory, share prices accurately reflect all available information. Equities, according to the EMH, trade on exchanges at their fair market value.
Investors, according to EMH proponents, benefit from investing in a low-cost, passive portfolio. EMH detractors argue that securities can deviate from fair market values and that outperformance of market is possible. In theory, neither technical nor fundamental analysis can consistently provide risk-adjusted excess returns, and inside information is only source of outsized risk-adjusted returns.
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Suppose that you know that the price elasticity of demand is 1.3. If we increase the price of this product, then the total revenue will
The way to calculate price elasticity is to divide the change in demand (or supply) by the change in price
PRICE ELASTICITY - If the cost of "World's Greatest Boss" mugs decreases by 10% while the supply decreases by 5%, the PES is.5, and the market is said to be inelastic. The price elasticity of supply (PES) for bobbleheads is 1.3 if the price increases by 15% and the supply increase by 20%.
If the value is one, your product is unit elastic, meaning that changes in price correspond to changes in either supply or demand.
A score larger than one indicates that your product is elastic and that changes in price will result in changes in supply or demand that are not proportional to those changes.
A number of 1 indicates that your product is inelastic, meaning that changes in price will only cause a modest change in either supply or demand.
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Which of the following is an element of economic forces? a) New production forces b) Health, food, stress c) Competitors and supply chain d) Ethics e) Taxation
Competitors and supply chain is an element of economic forces.
What are economic forces?Economic forces are those factors that assist a firm in terms of its competitiveness in the environment it operates.
Here, economic forces have a direct impact on business and are essential factors that can help an organization in accomplishing its targets.
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What is the name for the practice whereby a married woman loses all of her political and economic rights to her husband?.
Coverture is the name for the practice whereby a married woman loses all of her political and economic rights to her husband. Hence, the correct answer is coverture. Read below about coverture.
What is coverture?Coverture was a legal doctrine in the English common law in which a married woman's legal existence was considered to be merged with that of her husband, so that she had no independent legal existence of her own.
Therefore, the correct answer is as given above
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What is the term for the point where your business earns more money than it spends, and begins to become profitable
The term "bottom line" is commonly used in connection with actions that can increase or decrease a company's net or overall profit. Companies that increase profits and reduce costs are looking to improve profitability.
Profit is the money the company makes after deducting all costs. Whether it's a lemonade stand or a publicly traded multinational company, the main purpose of any business is to make money. Therefore, business performance is based on profitability in many ways.
Revenue, commonly referred to as net income or net income, is the amount of income remaining after considering all expenses, liabilities, additional sources of income, and operating expenses.
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Patterson’s patties is a fast-food hamburger chain with over 1,000 locations worldwide. Recently, the company has been dealing with an e. Coli outbreak in its ground beef causing dozens of diners to get sick. As a result, the chain’s sales are taking a hit. The company is organizing its response to the situation from its small 20-person home office, where morale has also gone down. What medium of communication should the ceo of patterson’s use to communicate with customers and home office employees? select one medium for each of the two stakeholders and explain why it is the best choice for the particular situation.
The communication medium that will be used in this scenario is the use of SMS to pass the information to them.
What is communication?It should be noted that communication is the process by which information is exchanged between individuals through a common system of symbols, or behavior.
Communication is the act of giving, receiving, and sharing information and good communicators listen carefully, speak or write clearly, and respect different opinions.
For communicating with customers, I would use a medium of SMS to the customer's registered mobile numbers and social media to inform them regarding the problem.
This would help to reach out to customers far and wide and this communication can be executed within a short span of time, as is the requirement of the situation.
To communicate with the home office employees, who are 20 in number, I would suggest using voice calling them to take necessary measures and ensure the safety and health of consumers.
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Everything else being equal, the higher the interest rate, the higher the future value. Question 27 options: True False
Everything else being equal, the higher the interest rate, the higher the future value (true).
What is the relationship between interest rate and future value?Interest rate and future value have a positive relationship. The higher interest rate is, the higher the future value. The lower interest rate is, the lower the future value.
For example, if a person invests 1000 for a year at an interest rate of 20% and his sister invests 1000 for a year at 10%. Their future values are:
(1000 x 1.20) = 1200
(1000 x 1.10) = 1100
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Aggregation to qualify for a breakpoint is not available to: a a group of family members in the same household that aggregates investment funds b a single individual who has an accumulated position in a fund and who is making an additional purchase c an investment club that purchases different mutual funds within the same fund family d an individual who purchases funds with different investment objectives in the same fund family review
Aggregation to qualify for a breakpoint is not available to an investment club that purchases different mutual funds within the same fund family. This is further explained below.
What is the investment?Generally, an item purchased or invested in with the purpose of increasing one's wealth and preserving one's financial resources from the hard-earned income or appreciation
In conclusion, An investing club that acquires mutual funds from the same fund family is not eligible for aggregation to qualify for a breakpoint.
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Bond P is a premium bond with a coupon rate of 8.2 percent. Bond D is a discount bond with a coupon rate of 4.2 percent. Both bonds make annual payments, have a YTM of 6.2 percent, and have seven years to maturity. Requirement 1: What is the current yield for bond P
The current yield for bond P is 5.38%.
Current value of bond = Face value/(1+ YTM)^n
Assuming the face value of the bond is $1,000 and substituting the values in the formula we get,
Current value of bond =$1,000/((1+6.2%)^7)
=$1,523.60
Annual coupon payment of Bond P = par value x coupon rate
Substituting the values in the formula we get,
Annual coupon payment of Bond P = $1,000 x 8.2% = $82
The current yield of bond = annual coupon payment/ current value of bond
Substituting the values in the formula we get,
Current yield of bond = $82/ $1,523.60
= 5.38%
Hence, the current yield for bond P is 5.38%.
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If business planning predicts that your gross margins will be small, you would be best advised to:______
If a business predicts that its gross margins are going to be low they can try to increase sales and alternatively they can cut the other costs to have a positive net profit margin.
What is Gross Profit Margin?Gross Profit Margin is the percentage of the Gross Profit as compared to Revenue, Gross profit is calculated as the revenue deduct cost of goods sold.
The sales can be increased by excessive marketing of the product and the cost of admin, finance cost and other irrelevant costs can be cut down to have a positive net profit margin.
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The freedom for people to buy, sell, and use land, buildings, machinery, and inventions are basic capitalist rights under?
The freedom for people to buy, sell, and use land, buildings, machinery, and inventions are basic capitalist rights under the right to own private property.
Capitalism: What Is It?
In a capitalist economy, private people or companies own the capital assets. The labor force, which does not own the means of production but merely uses them on behalf of the capital owners, is employed by business owners (capitalists).
Why Private Property Rights Are Important for Capitalism?
A framework that safeguards people's legal right to own or transfer private property is necessary if people or enterprises are to utilize their capital assets with confidence. Contracts, honest dealing, and tort law will all be used in a capitalist society to support and uphold these private property rights.
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What is the total amount of property, plant, and equipment assuming the accounts above reflect normal activity?
The total amount of property, plant, and equipment assuming the accounts above reflect normal activity is: $98,000.
How did we arrive at the above number?All things equal, PPE or Property Plant and Equipment is simply all the items that fit the above description.
From the accounting information given, these would be:
Land - $90,000
Equipment - $ 8,000
Total = $98,000
What is normal activity in accounting?Normal activity is the average production volume over a long period of time, taking into account seasonal variations.
The standard factory overhead rate is computed based on this activity level and then applied to the number of units produced.
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Full Question:
The following financial information is from Cook Company:
Accounts Payable $55,000
Land $90,000
Inventory $10,500
Accounts Receivable $7,500
Equipment $8,000
Deferred Revenue $58,500
Short-term Investments $20,000
Notes Receivable (due in 8 months) $45,500
Interest Payable $2,000
Patents $75,000
What is the total amount of property, plant, and equipment assuming the accounts above reflect normal activity?
After Hurricane Sandy, FEMA (the Federal Emergency Management Agency) advertised in a New Jersey radio station how people affected by the hurricane could file for assistance. In the political marketplace, the decision makers in FEMA are best characterized as:
After Hurricane Sandy, FEMA (the Federal Emergency Management Agency) advertised on a New Jersey radio station how people affected by the hurricane could file for assistance. In the political marketplace, the decision-makers in FEMA are best characterized as bureaucrats. This is further explained below.
What are bureaucrats?Generally, Officials who operate in a huge administrative system are called bureaucrats.
In conclusion, Federal Emergency Management Agency (FEMA) advertised on a New Jersey radio station how residents impacted by Hurricane Sandy may apply for aid after the storm. FEMA's decision-makers are best described as bureaucrats in the political marketplace.
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The following table shows the approximate income distribution for Croatia, Nicaragua, and Haiti in 2016. In particular, it shows the income shares of each fifth of the income distribution.
Based on the income shares of Croatia, Nicaragua, and Haiti, when it come to which nation has the most income, the answer is you cannot tell from this table.
Which nation has the most income?The table simple shows the various percentages of the country's population that are earning a certain amount.
From this table alone, we cannot tell which nation has the most income.
We can infer however, that Croatia has the least income inequality based on the even spread of total income. Haiti then has the most income inequality.
Question is:
Which nation has the most income?
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The ________ takes into account such costs as deteriorated customer relations and lost sales
The Full cost view of maintenance takes into account such costs as deteriorated customer relations and lost sales.
a cost that an employer has when they employ someone, in addition to the cost of paying the person's salary or wages. cost is the amount or equivalent paid or charged for something .
Examples of costs are rent and lease costs, salaries, utility bills, insurance, and loan repayments.
Direct, indirect, fixed, and variable are the 4 main kinds of cost.
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Limited professional courtesies are an exception allowed under Stark. The amount allowed for professional courtesies is determined and published annually by .
Limited professional courtesies are an exception allowed under Stark. The amount allowed for professional courtesies is determined and published annually by the Centers for Medicare and Medicaid Services (CMS).
What is the Centers for Medicare and Medicaid Services CMS program?
More than 100 million people are provided with health insurance through the Centers for Medicare and Medicaid Services (CMS) through Medicare, Medicaid, the Children's Health Insurance Program, and the Health Insurance Marketplace.
What is the role of the Centers for Medicare and Medicaid Services in health care?
The United States federal organization known as the Centers for Medicare and Medicaid Services (CMS) collaborates with state governments to run the Medicare program, as well as Medicaid and the Children's Health Insurance Program. Researchers looking for health data have access to a variety of excellent resources through CMS.
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A government may be able to reduce structural unemployment by
Select one:
O increasing imports
O increasing the money supply
O lowering tax rates
O offering job training programs
Answer:
offering job training programs
Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms.
Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms: TRUE
Who are Fannie Mae and Freddie Mac?Congress established Fannie Mae and Freddie Mac. They play a vital role in the nation's home finance system, supplying the mortgage market with liquidity, stability, and affordability. They provide liquidity (quick access to cash on acceptable conditions) to thousands of banks, savings and loans, and mortgage businesses that make home loans.Fannie Mae and Freddie Mac can also help stabilize mortgage markets and protect housing during times of extreme stress or volatility in the broader financial system. The Enterprises' assistance with mortgage loans to finance affordable housing lowers the cost of such borrowing.The majority of the regularly used home appraisal report types were developed by Fannie Mae and Freddie Mac.As the description itself says, the majority of the regularly used home appraisal report types were developed by Fannie Mae and Freddie Mac.
Therefore the statement "Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms" is TRUE.
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Complete question:
Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms. True or False
In the case where a broker was found guilty of license law violations and the Recovery Fund was required to pay a judgment of $8,000 from the fund, what could the FREC do to the broker
When a broker was found guilty of license law violations and the recovery fund was required to pay a judgment of $8,000 from the fund, the FREC must revoke the broker's license for being found guilty.
The Florida Real Estate Commission (FREC) is what, exactly?The Florida Real Estate Commission (FREC) was established to supervise and instruct real estate licensees. The governor appoints and the Senate confirms the seven members of the commission.
Its breakdown is as follows:
Real estate brokers who have been actively licensed for five years prior to joining the commission are required to make up four of the FREC members.One member must be a licensed broker or sales associate who has held an active license for the two years prior to appointment.Two of the members must be individuals who are not now and have never been brokers or sales representatives.Members of the FREC are appointed to four-year terms, and at least one member must be 60 or older.Learn more about the Florida Real Estate Commission (FREC) with the help of the given link:
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A method of community organization that is used to address a problem through the applicatio of pressure is________.
A method of a community organization that is used to address a problem through the application of pressure is social advocacy.
Community organizing is the method of building power by involving a constituency in identifying problems they share and the solutions to those problems that they prefer; identifying the people and structures that could make those solutions possible; enlisting the targets in the effort through negotiation and using confrontation and pressure when needed.
Social advocacy is the act of helping a concept, need, person, or group. It is the concept of empowering a group or institution of individuals to support marketing strategy via sharing content and connecting with a larger target audience.
Social advocacy is what helps corporations and brands build their credibility. It is approximately getting other human beings to recognize and speak about your brand so that it will assist you to develop your audience, as well as improve your popularity.
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Suppose you have invested in 2 assets whose annual returns are shown in the following table. If you invest $1000 in each asset
Based on the amount invested and the interest rates, the value of both assets in 5 years is:
Asset A = $1,710.66Asset B = $1,483.27What are the value of the assets after 5 years?Value of Asset A:
= 1,000 x 1.18 x 1.13 x 1.07 x 1.09 x 1.1
= $1,710.66
Value of Asset B:
= 1,000 x 1.25 x (1 - 10%) x 1.12 x 1.09 x 1.08
= $1,483.27
Full question is:
What will be the value of each asset at the end of year 5?
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Suppose a firm estimates its overall cost of capital for the coming year to be 10%. What might be reasonable costs of capital for average-risk, high-risk, and low-risk projects
The reasonable costs of capital for average-risk, high-risk, and low-risk projects could be found by generating risk-adjusted costs of capital for each category of risk based on the idea of divisional WACC.
What is Weighted Average Cost of Capital (WACC)?The Weighted Average Cost of Capital (WACC) of a company is a measure of its total capital cost, which includes debt, common shares, and preferred shares.
Estimation of the reasonable costs of capital or average-risk, high-risk, and low-risk projects could be done in following way-
If a company anticipates that its cost of capital for the upcoming year will be 10%, it should use 10% as the basis for its average risk projects because it will be required to generate returns of at least 10% on each of those projects. A high-risk project often has a higher potential return, while a low-risk project typically has a lower potential return. As a result, the company might decide to set its capital costs for high-risk initiatives at 12 percent and for low-risk ones at 8 percent. The entire risk of the firm's projects will be equal to the 10 percent cost of capital because the average risk project has a 10 percent cost of capital.Similar to this, the company's high-risk initiatives may be placed at a 15 percent cost of capital while the low-risk projects are reduced to a 5 percent cost of capital, depending on how hazardous they are. The ultimate objective is for the firm's portfolio of projects to generate a return of at least 10%, covering the cost of capital used to fund the projects. Although the risk assignment is somewhat arbitrary, it is still preferable to making no adjustments at all.To know more about the weighted average cost of capital and it's purpose, here
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According to research, which of the following is true about the relationship between diversity in managers and innovation
The statement that is true is : A. At companies with diverse management teams, openness to contributions from lower-level workers and an environment in which employees feel free to speak their minds are crucial for fostering innovation.
What is research?Research can be defined as the process of collecting data or information so as to reach or draw a conclusion.
Hence, based on research, the relationship between diversity in managers and innovation is option A which stated that that companies with diverse management teams, openness to contributions from lower-level workers and an environment in which employees feel free to speak their minds are crucial for fostering innovation.
The missing options are:
A. At companies with diverse management teams, openness to contributions from lower-level workers and an environment in which employees feel free to speak their minds are crucial for fostering innovation.
B. the innovation boost is limited to a single type of diversity, gender based.
C. The positive relationship between management diversity and innovation is statistically not significant.
D. To reach its potential, gender diversity needs to stay as tokenism.
E. Management diversity seems to have a particularly negative effect on innovation at complex companies.
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Splitting up a natural monopoly held by a public utility that produces and provides electricity would:____.
The public utility that produces and provides electricity would raise the total cost of production for all and force their profits to zero. A company that functions as a public-service corporation and offers basic services to the general public, such as electricity, telephone service, natural gas, water, or postal services, is referred to as a public utility.
The phrase "public utility" may also refer to the actual service or good, such as water, gas, sewage, etc., that these companies offer to the general public. A natural monopoly generally includes a public utility. A natural monopoly is one that develops when economies of scale make serving customers.
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Geraldine Fadsi's job in the entertainment industry is to bring together entertainers and organizations looking to hire entertainers. Fadsi is paid a commission, usually by the entertainer. Fadsi is acting as a: Group of answer choices marketer distribution captain distributor merchant wholesaler agent
Geraldine Fadsi's job in the entertainment industry is to bring together entertainers and organizations looking to hire entertainers. Fadsi is paid a commission, usually by the entertainer. Fadsi is acting as an agent
Who is called an agent?
In the language of the law, someone who has been given the authority to act on behalf of another person or entity is referred to as an agent. To represent a client in discussions and other interactions with third parties, an agent may be hired.
What is the duty of agent?
The agent owes the principal a responsibility to act in the principal's best interests while acting within the scope of the agent's authority whenever the agent is designated to arrange or negotiate a transaction on the principal's behalf.
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Your first morning in your new office, you reflect on what type of manager and leader you hope to be. Which of the following best reflects what you believe about employees and how they can best be led
Employees are more loyal and productive if they feel that their leader is admirable, caring, and ethical.
Here, leadership refers to the manager's behavior toward the staff. The best leaders are those who inspire and drive their subordinates to perform at their highest level. Employee respect and productivity in the workplace will increase if the manager is able to inspire trust in them through effective communication and possesses qualities like being admirable and ethical.
The quantity of goods and services that a group of employees generate in a specific period of time is known as workforce productivity. It is one of a number of productivity metrics used by economists.
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