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
tatyana61 [14]
3 years ago
8

PSI, a financial services consultant, estimates that over _____ million U.S. households have a net worth in excess of $1 million

.
Business
1 answer:
True [87]3 years ago
6 0
About 4 million households in US have a net worth in excess of 1 million. And from that 4 million, only about 1800 of them that excess $ 1 billion in net worth ( accordint to data in 2016)
You might be interested in
Assume that a consumer purchases a combination of products Y and Z and that the MUy/Py = 30/2 and MUz/Pz = 45/3. To maximize uti
IrinaVladis [17]

Answer:

Make no change in Y and Z.

Explanation:

It was assumed that consumer purchases the combination of two goods, Y and Z.

\frac{MU_{Y} }{P_{Y}}= \frac{30}{2} = 15

\frac{MU_{Z}}{P_{Z}}=\frac{45}{3}=15

For maximizing the utility of the consumer, the ratio of marginal utilities must be equal to the price ratio of the products.

We can see that the ratio of marginal utilities is equal to the price ratio of the products. Hence, the consumer should not make any changes to the combination of products.

7 0
3 years ago
A supervisory body, a source of public good, and a body responsible for reallocating income are examples of _____.
olchik [2.2K]

Answer:

roles of government

Explanation:

The government uses part of the taxes it collects to provide public goods such as goods as education, healthcare, and infrastructure. In mixed economies such as the US, the government's main role in the economy is to ensure fair competition among suppliers and protect consumers' and workers' rights.

The government has established several bodies and mandated them to carry out the regulatory functions. Different agencies regulate different trade sectors such as communication, drugs and medicines, weights and measures, employees' safety and health, etc.

5 0
3 years ago
Assume that Horicon Corp acquired 25% of the common stock of Sheboygan Corp. on January 1 for $300,000. During the year Sheboyga
Misha Larkins [42]

Answer:

Option C. Debit Cash and credit Stock Investments

Explanation:

The reason is that in the equity method of recording the dividends receipts, it is always deducted from the stock investment and the relevant share of reported net income of the associate is added to the stock investment.

So mathematically,

Stock Investment Under Equity Method = Opening Value for the year + Share of Net Income - Dividend received

Stock Investment Under Equity Method = $300,000 + $160,000 * 25% + $60,000 * 25% = $325,000

The above treatment shows that the recording of dividends include credit to stock investment and the cash receipt is always debited.

So the double entry would be:

Dr Cash $15,000

Cr Dividends $15,000

So the option C is correct.

3 0
3 years ago
Please it is pyscology questions please help me with this​
Anestetic [448]

Answer:

not even a little

Explanation:

Ido you know what is physics

6 0
2 years ago
Motivation is largely the result of external rewards and punishments. <br> a. True <br> b. False
SSSSS [86.1K]
False. Motivation is an internal and external factors that stimulate people's desire to action that drives people to be committed and interested continuously to attain role, targets, and goals. It also includes conscious and subconscious factors. Hopes this helps you. 
8 0
3 years ago
Other questions:
  • Create a short dialogue of selkirk and pirate jack calculating their opportunity costs to determine their comparative advantage.
    15·1 answer
  • Why might a rise in the price of electric razors result in an increase in demand for nonelectric razors?
    15·2 answers
  • The gains from trade are a. a result of more efficient resource allocation than would be observed in the absence of trade. b. ev
    12·1 answer
  • Is an integral part of business continuity planning, but bcp is much broader?
    13·1 answer
  • Best Lodging has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 5 years, and have a 6 per
    14·1 answer
  • Inventory reduction via JIT is an effective tool for identifying
    10·1 answer
  • The expected return and standard deviation of a portfolio that is 30 percent invested in 3 Doors, Inc., and 70 percent invested
    12·1 answer
  • Identify two employment laws which might affect<br> easyJet plc's business activities.
    14·1 answer
  • During 2011, Gum Co. introduced a new product carrying a two- year warranty against defects.
    6·1 answer
  • "is a practice concerned with increasing awareness, fostering learning, speeding collaboration and innovation, and exchanging in
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!