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Sholpan [36]
2 years ago
11

Income is one factor used in determining whether or not a job is middle class, and the other is?

Business
1 answer:
torisob [31]2 years ago
5 0

Income is one factor used in determining whether or not a job is middle class, and the other is the nature of the work.

In the United States, 50% of people live in the middle class, according to the most recent Pew Research Center survey from 2021. This is a reflection of the middle class's longer-term downward trend over the previous five decades.

According to a recent Pew research, the majority of Americans were not middle class for the first time since at least the 1960s.

Just 50% of adult Americans in America lived in middle-class households in 2021, compared to 54% in 2001, 59% in 1981, and 61% in 1971.

Both the middle class's demographic share and its part of the income pie have been declining.

To learn more about Pew Research Center here

brainly.com/question/11363612

#SPJ4

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Following are transactions for Valdez Services, a company owned by Brina Valdez.
Alexus [3.1K]

Answer:

Transaction b and c

Explanation:

Revenue is the term of accounting which is defined as the income or money which is generated from the operations of the normal business and it involve the deductions for the returned merchandise and discounts.

It is created when the business offer some service to the clients and in return the money for the services provided by the company.

So, the transaction which generate the revenue are:

The company offered the service to customer and against it received the cash which amounts to $875.

The company offered the services to the customer on credit worth $2,300.

Therefore, these two transactions are the one which generate the revenue to the company.

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3 years ago
Reggie is now in his mid-50s, so he can expect to experience a:
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4 0
3 years ago
Eric's Used Book Store prepares its financial statements in accordance with IFRS. Inventory was purchased for €6 million and lat
andrew-mc [135]

Answer:

€6 million

Explanation:

As we know that

According to the International Financial Reporting Standards, if the net realizable value of the inventory increases then the written down of reversal value is required

And according to the GAAP, the inventory should be valued at lower of cost or net realizable value

So in the given case, the inventory is purchased at €6 million and now it is estimated value is  €7 million so the lower value i.e €6 million should be reported on the balance sheet.

4 0
3 years ago
Bluestone? Metals, Inc., is a metal fabrication firm that manufactures prefabricated metal parts for customers in a variety of i
Ilya [14]

Answer:

yes

Explanation:

I do not know just need points help

4 0
3 years ago
During the month of March, Sunland Company’s employees earned wages of $79,000. Withholdings related to these wages were $6,044
Brilliant_brown [7]

Answer:

The Journal entry is as follows:

On March 31st,

Salaries and Wages Expense A/c Dr. $79,000

To Wages Payable                                              $59,377

To Federal Withholding Payable                        $9,258

To FICA Payable                                                  $6,044

To State Withholding Payable                            $3,827

To Union Dues Payable                                      $494

(To record the salaries and wages expense and salaries and wages payable)

6 0
3 years ago
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