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schepotkina [342]
1 year ago
5

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.
Business
1 answer:
Semenov [28]1 year ago
5 0

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.

<h3>Which nation has the most income?</h3>

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?

  • Croatia
  • Nicaragua
  • Haiti
  • You cannot tell from the table

Find out more on income inequality at brainly.com/question/24554155.

#SPJ1

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Problems and Applications Q2 Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per
kari74 [83]

Answer:

$550,000

Explanation:

Based on the information given the OPPORTUNITY COST OF RUNNING THE HARDWARE STORE will be $550,000 ($500,000+$50,000), which include the amount of $500,000 which is the cost of renting the store as well as to the cost to buy the stock while the $50,000 is her salary as an Accountant, reason been that she would QUIT HER JOB as an accountant in order for her to run the store.

Therefore the OPPORTUNITY COST will be $550,000

3 0
2 years ago
Mary worked on the assembly line at an automobile assembly plant. People weren't buying as many cars, and she was laid off. How
ahrayia [7]

We will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.

Basically, the cyclical unemployment is the unemployment experience as a result of economic upturn and downturn.

The cyclical type of unemployment are mostly experienced during economic recessions.

It is obvious that people were not buying as many cars because of economic downturn.

Therefore, in conclusion, we will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.

Learn more about this here

<em>brainly.com/question/8865266</em>

7 0
3 years ago
James Grunig, professor emeritus of public relations at the University of Maryland, listed the following possible objectives for
madam [21]

Answer: See explanation

Explanation:

According to James Grunig, professor emeritus of public relations at the University of Maryland, the five possible objectives for a communicator are:

• Message Exposure - This refers to situation when the intended people get exposed to the message that is being shared. Here, materials are provided to the mass media by the PR personel.

• Accurate dissemination of message - Messages must be passed across and communicated as clearly as possible without giving out false information or witholding back some information which is vital for the accuracy of the information delivered.

• Acceptance of the message - The message passed must be accepted by the person that's being addressed.

• Attitude change - There must be an attitude change after the message has been delivered as these shows acceptance and products should be purchased.

• Change in overt behavior - Overt behavior is openly seen and hence, there will be change in overt behavior and the goods will be purchased.

3 0
3 years ago
A firm has a capital structure with $3 in equity and $3 of debt. The cost of equity capital is 0.17 and the pretax cost of debt
vampirchik [111]

Answer:10.06 %

Explanation:

WACC = (Cost of equity × weight of equity ) + (Cost of debt × weight of debt)

Cost of equity = 0.17

Cost of debt = pretax cost of debt × (1 - tax rate )

0.06 × 0.52 = 0.0312

Weight of debt and equity = $3 / $6 = $0.5

WACC = ( 0.17 × 0.5 ) + (0.52×0.06 × 0.5) = 0.085 + 0.0156 = 0.1006 = 10.06%

4 0
3 years ago
Culver Co. uses the gross method to record sales made on credit. On June 1, 2020, it made sales of $51,000 with terms 4/15, n/45
hodyreva [135]

Answer and Explanation:

                                               Culver Co.

                                           Journal Entries

                                                                             Debit             Credit

June 1, 2020      Accounts receivables              $51,000

                                  Sales                                                        $51,000

                           <em>Recording sale of goods on credit.</em>

June 12, 2020    Bank                                          $48,960

                           Sales discount (Working 1)       $2,040

                                  Accounts receivables                              $51,000

                           <em>Recording </em>c<em>ash received from customer.</em>

Working 1:

As per the terms of sale, the customer receives 4% cash discount if the payment is made within 15 days. The customer makes the payment on the 12th day, and thus, receives 4% cash discount.

Cash discount = 4% x $51,000 = $2,040

Amount received from customer = $51,000 - $2,040 = $48,960

5 0
3 years ago
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