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Cloud [144]
2 years ago
9

An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a s

alary of $50,000 per year represent the presence of social ______ within society.
Business
1 answer:
Ivenika [448]2 years ago
5 0

An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social <u>inequality </u>within society.

<h3>What is inequality?</h3>

Inequality can be defined as the way in which  income or wealth are not distributed equally  in a society as some people earn more than others.

Hence, their is the presence of social inequality within a society if a  investment banker earn $1 million a year, a food service worker makes minimum wage, and a teacher earn $50,000 per year.

Learn more about inequality here:brainly.com/question/24143597

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Norton, Inc. has the following information available for September 2020.
bulgar [2K]

Answer: See explanation

Explanation:

a. Prepare a CVP income statement that shows both total and per unit amounts.

CVP INCOME STATEMENT

Per unit. Total

Sales (500 units). 400. 200,000

Variable expense 280 140,000

Contribution margin. 120 60,000

Fixed expense. 48,000

Net operating Income. 12,000

b. Compute Norton's breakeven in units.

Breakeven point = 48000 / 120 = 400

c. Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.

CVP income statement for the break-even point

Per unit. Total

Sales (400 units). 400. 160,000

Variable expense 280 112,000

Contribution margin. 120 48000

Fixed expense. 48,000

Net operating Income. 0

3 0
3 years ago
Which of the following situations is the demand most likely to be reduced
Kay [80]

Answer:

The higher the price, the higher the producer's profits. Your needs and wants are unlimited. If heavy competition for a product keeps its price low, businesses will be very motivated to offer the product for sale.

3 0
3 years ago
Telephone companies and electric utilities were among the last businesses to start actively using public relations.
melomori [17]

Answer:

your answer would be false

hope this helps

:)

6 0
3 years ago
Read 2 more answers
Which of the following are possible amounts for the third check and the cash that cindy deposited
Neko [114]

$122.04 in cash and a $206.64 check will be the possible amounts for the third check and the cash that cindy deposited.

Any household member who possesses an SSN is eligible to receive a payment under the third check. This is distinct from the first and second stimulus payments, which required at least one tax filer to have an SSN in order for the household to be eligible to receive the checks. Your third stimulus check, like the first two, is basically merely an advance payment of the Recovery Rebate tax credit for the 2021 tax year. Therefore, it won't be counted toward your taxable income. Similar to the first and second stimulus checks, there are income requirements in order to get the entire payout. No minimum income is required to be eligible for the payment.

the complete question is:

Which of the following are possible amounts for the third check and the cash that Cindy deposited?

a. no cash and a $303.68 check

b. $140.50 in cash and a $267.14 check

c. $99.32 in cash and a $155.55 check

d. $122.04 in cash and a $205.64 check

learn more about Rebate tax credit here

brainly.com/question/20374653

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6 0
1 year ago
term in 2013, bodily corporation reported $300,000 pretax accounting income. the income tax rate for that year was 30%. bodily h
Neporo4naja [7]

The Bodily corporation's income tax payable for the year 2013 will be $54,000 at 30% tax rate.

Given,

Pretax accounting Income: $300,000

Unused net operating loss =$120,000

Income tax rate = 30%

Bodily's income tax payable for 2013 would be =

(300000 -120000) *30% = $54000

A tax levied against people or organizations (taxpayers) in proportion to their income or profits is known as an income tax.  Tax rates multiplied by taxable income are typically used to calculate personal income taxes. Tax rates might change depending on the taxpayer's attributes and source of earnings.

As taxable income goes up, the tax rate might also (referred to as graduated or progressive tax rates). Corporation tax, which is often imposed at a fixed rate, is the name given to the tax charged on businesses.

The complete question is here:

In 2016, Bodily Corporation reported $300,000 pretax accounting income. The income tax rate for that year was 30%. Bodily had an unused $120,000 net operating loss carryforward from 2011 when the tax rate was 40%.

Bodily's income tax payable for 2013 would be:

a) $90,000

b) $72,000

c) $54,000

d) $42,000

Learn more about income tax here:

brainly.com/question/17075354

#SPJ4

5 0
1 year ago
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