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gtnhenbr [62]
1 year ago
15

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

Business
1 answer:
Darya [45]1 year ago
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

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The Flapjack Corporation had 8,200 actual direct labor hours at an actual rate of $12.40 per hour. Original
mariarad [96]

Answer:

Option (C) is correct.

Explanation:

Given that,

Actual direct labor hours = 8,200

Actual rate = $12.40 per hour

Original  production = 1,100 units

Actual units produced = 1,000

Labor  standards = 7.6 hours per completed unit

standard rate = $13.00 per hour

Labor time variance:

= (Standard hours - Actual hours) × Standard rate

= (1,000 × 7.6 - 8,200) × $13

= 7,800 Unfavorable

3 0
3 years ago
Advertising revenues support the majority of the content we see in the media today. What professions and businesses does adverti
AveGali [126]

Answer: Mass communication, and Journalism are the professions that advertising supports.

Advertising helps all forms of businesses

Explanation: Advertisement involves sending out information about a product/services an organization provides to it's target market. Advertisement has several forms such as the use of radio broadcast, televised adverts, posters, billboards, social media adverts etc.

Advertising has created a career for individuals in the area of Mass communication and journalism.

8 0
3 years ago
All transactional documentation for listings, purchase and sale agreements, property management activities, exchanges, and trust
sdas [7]

All transactional documentation for listings, purchase and sale agreements, property management activities, exchanges, and trust account records must be retained for a period of three years.

Management is the management of an organization, such as a corporation, non-profit organization, or government agency. This is the art and science of managing company resources.

Management is the dynamic process of getting things done by others with the goal of achieving a common goal effectively and efficiently. All functions, from planning to organization, personnel allocation, management, and generalization, are essential for the smooth execution of management in an organization.

Management is a self-contained process of planning, organizing, managing and controlling.

Learn more about management here:brainly.com/question/1276995

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3 0
2 years ago
LeMay Department Store uses the retail inventory method to estimate ending inventory for its monthly financial statements. The f
Nutka1998 [239]

Answer:

Cost to retail ratio = 57.05%

Explanation:

Particulars                                                               Cost       Retail

Beginning Inventory                                            $46,000    $66,000

Add: Purchases                                                    $213,000   $406,000

Less: Purchases Return                                       $7,000       $9,000

Freight In                                                               $15,558          -

Net Markups                                                               -             $6,400

Good Avail. for Sales (Without markdowns)   $267,558   $469,000

Cost to retail ratio = $267,558/$469,000

Cost to retail ratio = 0.570486

Cost to retail ratio = 57.05%

6 0
3 years ago
John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reser
IRINA_888 [86]

Answer:

John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reserves, the money supply <u>WILL NOT CHANGE</u>, but if the bank lends out some of the $100, the money supply <u>WILL INCREASE</u>.

Explanation:

Any monetary injection to the banking system will increase the money supply only if the banking system (the whole set of banks) lends the money. The total effect is calculated by the increase in money x the money multiplier. The money multiplier = 1 / required reserves.

If the bank does not lend the money, then the money supply will not change.

3 0
3 years ago
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