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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

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For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to
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The answer is $230,000. For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to $230,000
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In general, how long does it take to accomplish a long-term goal?
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Answer:

The answer is D.more than a year

Explanation:

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Diversity in work groups can create conflict, so managers should try to minimize diversity when assigning people to teams.T/F
Ostrovityanka [42]

The given statement is False.

Diversity in work groups can create conflicts, so managers should try to minimize diversity when assigning new people to teams, is a False Statement.

Explanation:

Diversity means a whole range of diverse or different things. Diversity can be defined as the state of being diverse. Diversity is a concept which emphasizes that concept that every person is different and unique in his or her own way and we all should respect the differences between people.

People can be considered diverse on the basis of

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  • Physical Abilities
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So when people with diversity come together to work with each other, they may share different opinions on the basis of their different backgrounds and the final result will be a sure success. So managers rather prefer to make teams of people with diversities.

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7 0
3 years ago
Accrued Vacation Pay A business provides its employees with varying amounts of vacation per year, depending on the length of emp
Elena L [17]

Answer:

On Jan 31

Vacation pay expense Dr $8,900

        To vacation payable $8,900

(Being the vacation expense is recorded)

Explanation:

The journal entry is as follows

On Jan 31

Vacation pay expense Dr $8,900

        To vacation payable $8,900

(Being the vacation expense is recorded)

The computation is shown below:

= Estimated amount of the current year's vacation pay ÷ total number of months in a year

= $106,800 ÷ 12 months

= $8,900

For recording this transaction we debited the vacation expense as it increased the expenses while at the same time it also increased the liabilities so the vacation payable is credited

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A company just starting business made the following four inventory purchases in June:June 1 150 units $ 390 June 10 200 units 58
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2 years ago
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