All categories

1 year ago

Economist Thomas Piketty criticized executive compensation levels and thought CEOs should be satisfied with:

1 answer:

7 0

Economist Thomas Piketty criticized executive compensation levels and thought CEOs should be satisfied with: reduced pay.

<h3>What does Piketty saw about the high wage of CEOs?</h3>

According to this bestselling economist, he attributed the high rate of wage that CEOs receive to be a reason for the inequality experienced in the society.

According to him, a nation cannot be said to be growing when individual wealth is higher than the GDP of the nation.

Read more on Thomas Piketty here: brainly.com/question/17126906

SPJ1

You might be interested in

After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger

Delicious77 [7]

Answer:

April 30

Dr Fees earned 356,500

Cr Income summary356,500

April 30

Dr Income summary 363,600

Cr Wages expense 283,100

Cr Rent expense 56,000

Cr Supplies expense 11,500

Cr Miscellaneous expense 13,000

April 30

Dr Felix Goodwin, capital 7,100

Cr Income summary 7,100

April 3.0

Dr Felix Goodwin, capital 10,500

Cr Felix Goodwin, drawing 10,500

Explanation:

Preparation of the journal entry for the two entries required to close the accounts.

April 30

Dr Fees earned 356,500

Cr Income summary356,500

April 30

Dr Income summary 363,600

(283,100+56,000+11,500+13,000)

Cr Wages expense 283,100

Cr Rent expense 56,000

Cr Supplies expense 11,500

Cr Miscellaneous expense 13,000

April 30

Dr Felix Goodwin, capital 7,100

Cr Income summary 7,100

(363,600-356,500)

April 3.0

Dr Felix Goodwin, capital 10,500

Cr Felix Goodwin, drawing 10,500

5 0

3 years ago

Vertical analysis is a technique that expresses each item in a financial statement A. as a percent of the item in the previous y

LenaWriter [7]

Answer:

Explanation:

The vertical analisys shows the different components of a finalcial statement related to a total figure in the statement.

Expresses each financial statement item as a percent of a base amount.

Commonly applied to the balance sheet and the income statement. On the balance sheet, set total assets to 100. On the income statement, set net sales to 100. The resulting statement, expressed entirely in percentages is called a common-size statement.

The total figure in the statement set to equal to 100. Each component´s percentage of that total is computed.

Usefull for comparing. The important of specific components in the operation of a business. Changes in the components from one year to the next.

8 0

3 years ago

Recent WTO estimates show that all countries combined exported ________ valued at $19.4 trillion and ________ valued at $5.2 tri

Musya8 [376]

Answer:

hello hello hello hello hello

7 0

2 years ago

Rockville Enterprises manufactures woodworking equipment and is incorporated and based in Evansville, Indiana. All of itsreal pr

mario62 [17]

Answer:

In the modern situation of Rockville Enterprises, it is producing wood functioning tools and situated in Evansville, following are the description whether Rockville Enterprise is a defensive commotion in non-ordinary conditions or not.

A) - Yes. All form of marketing is deliberated as secure action. As these marketing is revealed in all country.

B) - No. Inspection credit value of consumers is not secure action underneath the public regulation 86-272

C) - Yes. Sustaining a stand at a business exhibition in Arizona for 14 days is measured as secure action under the public regulation 86-272

D) - Yes. Inspection record is secure action underneath the public regulation 86-272

E) - No. Organizing administration meeting is not a secure action. Conversely. Organizing individual meeting is measured as secure action.

3 0

3 years ago

Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls,

Lelechka [254]

Answer:

1.33 walls

1 wall

Explanation:

Tradeoff is the opportunity cost of taking a particular decision

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

My doing he outlet, the opportunity to paint is forgone

Amy = 8/6 = 1.33

Bill = 5/5

3 0

3 years ago