1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NARA [144]
2 years ago
7

The richest 1% of the world's population owns more wealth than the rest of the 99% combined. True or False

Business
1 answer:
zimovet [89]2 years ago
5 0

The distribution of wealth on Earth is such that the richest 1% are wealthier than the rest of the 99% combined so this is <u>True</u>.

<h3>How is income distributed?</h3>

The top 1% of the human population are so wealthier that they own more than the combined assets of the other 99%.

This was confirmed in 2016 by Oxfam, and the scary part is that this trend is set to continue.

Find out more on income distribution at brainly.com/question/4993794

#SPJ1

You might be interested in
The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the pri
sp2606 [1]
The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principal idea of B.) ADAM SMITH.

Invisible hand is said to be the metaphor Adam Smith used in referring to unintended social benefits that resulted from individual's actions.
3 0
3 years ago
Read 2 more answers
An indicator of project success within an organization is the strength of the ______ to support the project management structure
Elan Coil [88]

An indicator of project success within an organization is the strength of the Organization Culture to support the project management structure.

<h3>The value of culture to your business</h3>

All facets of your company are impacted by organizational culture, from contract terms and employee perks to timeliness and tone. Your employees are more likely to feel at ease, supported, and valued when your workplace culture matches their preferences. Companies that place a great emphasis on culture are better able to withstand challenging times and changes in the business environment.

When it comes to luring people and exceeding the competition, culture is a crucial edge. Nearly half of workers would quit their current position for a lower-paying position at a business with a superior culture, and 77 percent of job seekers think about a company's culture before applying.

To know more about ' Organization Culture', visit :brainly.com/question/26965722

#SPJ4

5 0
1 year ago
Which of these factors can impact your pay?
Natasha_Volkova [10]

Answer:

The answer will no D .All of the above .

7 0
3 years ago
Read 2 more answers
Indigo Company exchanged equipment used in its manufacturing operations plus $3,960 in cash for similar equipment used in the op
svetoff [14.1K]

Answer:

A. Indigo Co

Dr Accumulated depreciation 25,080

Dr Equipment 15,840

Dr Equipment $36,960

Cr Cash 3,960

Sweet Co.

Dr Equipment 16,500

Dr Accumulated depreciation 13,200

Dr Cash 3960

Dr Loss on disposal of equipment 3,300

Cr Equipment $36,960

B. Indigo Complete

Dr Accumulated department 25,080

Dr Equiipment 20,460

Cr Equiipment $36,960

Cr Gain on disposal of equipment 78,540

Cr Cash 3,960

Sweet Co.

Dr Equiipment 16500

Dr Accumulated department 13200

Dr Cash 3960

Dr Loss on disposal of equipment 5660

Cr Equiipment 28,000

Explanation:

a. Preparation of the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance.

Indigo Co

Dr Accumulated depreciation 25,080

Dr Equipment 15,840

[$36,960+3,960-25,080]

Dr Equipment $36,960

Cr Cash 3,960

Sweet Co.

Dr Equipment 16,500

Dr Accumulated depreciation 13,200

Dr Cash 3960

Dr Loss on disposal of equipment 3,300

[$36,960-(16,500+13,200+3960)

Cr Equipment $36,960

b. Preparation of the journal entries to record the exchange on the books of both companies. Assume that the exchange has commercial substance.

Indigo Complete

Dr Accumulated department 25,080

Dr Equiipment 20,460

Cr Equiipment $36,960

Cr Gain on disposal of equipment 78,540

[(25,080+20,460+$36,960)-3,960]

Cr Cash 3,960

Sweet Co.

Dr Equiipment 16500

Dr Accumulated department 13200

Dr Cash 3960

Dr Loss on disposal of equipment 5660

(16500+13200+3960-28,000)

Cr Equiipment 28,000

6 0
3 years ago
Karl has been hired to paint a house blue, but he mixes the color wrong, and it turns out purple instead of blue. under which wa
kirza4 [7]
Karl would be responsible for paying for new paint under the <span>piecework and payment in kind wage systems.</span>
4 0
3 years ago
Other questions:
  • the main reason suppliers can offer quantity discounts is that,shipping and handling costs per unit are reduced when customers b
    5·1 answer
  • At Jacobson Company, indirect labor is a variable cost that varies with direct labor-hours. Last month's performance report show
    11·1 answer
  • One of the three economic questions deals with deciding what goods and services should be produced. what the costs of production
    13·1 answer
  • An agingminusofminusaccountsminusreceivable indicates that the amount of uncollectible accounts is​ $3,910. The Allowance for Un
    11·2 answers
  • You own a franchise of rental car agencies in Florida. You recently read a report indicating that about 80 percent of all touris
    9·1 answer
  • Meyer &amp; Smith is a full-service technology company. They provide equipment, installation services as well as training. Custo
    9·1 answer
  • ABC Tax Planning Service started business in January 2018. The company rented an office for $5,400 per month starting from Janua
    8·1 answer
  • Describe the term marginal cost?​
    14·2 answers
  • During the elaboration stage of an organization: Group of answer choices change management is the most important skill that huma
    6·1 answer
  • After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by ___
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!