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Sonbull [250]
2 years ago
11

At base, the mainstream concept of poverty translates to a. sufficient hard currency but insufficient purchasing power. b. an al

most Calvinist self-betterment. c. unfulfilled material needs. d. an abundance of liquidity.
Business
1 answer:
nataly862011 [7]2 years ago
7 0

At base, the mainstream concept of poverty translates to c. unfulfilled material needs.

<h3>What is Poverty?</h3>

This refers to the financial state of not being able to afford the basic needs of a person.

Hence, at the base level, the mainstream concept of poverty translates to "not enough money in the pocket" which has to do with low or insufficient purchasing power and this leads to a list of c. unfulfilled material needs.

Read more about poverty here:
brainly.com/question/9640781

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g The lower risk nature of longminusterm debt in a​ firm's capital structure is due to the fact that​ ________. A. the debt hold
IRINA_888 [86]

Answer:

The correct option is C states that creditors have a higher position in the priority of claims.

8 0
3 years ago
A company's prime costs total $3,800,000 and its conversion costs total $7,800,000. If direct materials are $1,400,000 and facto
bonufazy [111]

Explanation:

Conversion costs = Direct labor + Factory overhead

7,800,000 = Direct labor + 5,400,000

Direct labor = $2,400,000

First option is the correct option.

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6 0
3 years ago
Harmony Company sells hand-knit scarves. Each scarf sells for $40. The company pays $60 to rent vending space for one day. The v
Nataly_w [17]

Answer:

B) 3 scarves

Explanation:

total fixed costs per day = $60 (rent)

selling price per scarf = $40

variable cost per scarf = $15

contribution margin = selling price per unit - variable cost per unit = $40 - $15 = $25

break even formula in units = total fixed costs / contribution margin = $60 / $25 = 2.4 units, since you can only sell complete units, the break even amount is 3 scarves.

8 0
3 years ago
_____ exists because people's wants for goods and services are greater than the number of products that can be made from availab
seropon [69]
Scarcity exists because people's wants for goods and services are greater than the number of products that can be made from available resources
3 0
3 years ago
West Corp. issued 25-year bonds two years ago at a coupon rate of 5.3 percent. The bonds make semiannual payments. If these bond
Nataliya [291]

Answer:

YTM is 4.94%

Explanation:

The  yield  to maturity is the return on the bond throughout the bond's tenure and can be computed using rate function in excel as shown below.

=rate(nper,pmt,-pv,fv)

nper is the number of coupons the bond has left to pay(23 years*2)

pmt is the semiannual coupon of the bond=$1000*5.3%*6/12=26.5

pv is the curren price=$1000*105%=$1050

fv is the face value of the bond

=rate(46,26.5,-1050,1000)=2.47%

2.47% is the semiannual yield

annual yield=2.47% *2=4.94%

7 0
3 years ago
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