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Alik [6]
4 years ago
12

When marx argued that capitalism “reproduces the class structure,” he meant that?

Business
1 answer:
Lisa [10]4 years ago
6 0
If you are rich, you own the means to make more money. Your son will then take over from you, and the class structure will remain intact. Likewise, if you are poor, you can only afford to work in a factory, you cannot pay for a good education for your child, they'll end up working in a factory  to survive. The class structure remains the same, each generation of rich people will exploit every generation of poor people. That was also why Marx thought the workers must unite and take control of the means of production, so that they would not be exploited. 
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Use the following information to determine a company‘s cash flows from financing activities.a. Net income was 535.000.b. Issued
navik [9.2K]

Answer:

The company‘s cash flows from financing activities is ($12,600), or cash deficit of $12,600

Explanation:

The cash flow from financing activities = Cash inflows from issuing equity or debt – dividend paid out – repurchasing equity or debt

= Issued common stock for $64,000 cash - Paid cash dividend of $14,600 - Paid $50,000 cash to settle a bond payable - Paid $12,000 cash to acquire its treasury stock

= $64,000 - $14,600 - $50,000 - $12,000 = ($12,600)

7 0
3 years ago
Which of the following does not affect the reject rates at a company's production facilities
atroni [7]

Answer:

which of the following does not affect the reject rates at a company's production facilities

Spending for best practices training

Explanation:

Spending for best practices training does not affect the reject rates at a company's production facility because the amount does not equate to whether the staff members in production unit would assimilate best and put it into use during production

8 0
3 years ago
Consider the location game with nine possible regions at which vendors may locate. Suppose that, rather than the players moving
natulia [17]

Solution:

Given :

Location game with 9 possible \text{regions} and other than the players who are moving simultaneously and also independently, but they move in a sequential manner.

Vendor 1 selects a location.

After observing decision of vendor 1, vendor 2 chooses where to locate.

Using backward induction the game is solved as below :

--  \text{a retrogressive acceptance harmony of the division} will be a Nash equilibrium.

-- Presently \text{ if applicant 1} (vendor 1) picks first then he will likewise get the chance to pick last as this another move amusement.

-- In the end of the game, vendor 1 will have claimed five regions and candidate 2 (vendor 2) will have claimed four regions.

-- So vendor 2 will keep this in mind and apply backward induction and choose the best regions early on the game.

-- Vendor 2 will keep in mind that vendor 1 will choose last and will ensure that his choices take up the best locations first.

--- This will be his ideal technique for each activity of vendor 1.

Hence this is the Nash equilibrium.

6 0
3 years ago
The authoritative body designated to promulgate standards concerning an accountant’s association with unaudited financial stat
antoniya [11.8K]

The authoritative body designated to promulgate standards concerning an accountant's association with unaudited financial statements of an entity that is not required to file financial statements with an agency regulating the issuance of the entity's securities is the: <u>accounting and review services committee</u>.

<u>Explanation</u>:

The Accounting and Review Services Committee is a committee that engages in reviewing or compiling the unaudited financial statement.

An unaudited financial statement is a document that is not submitted by an individual for verification and review process. The financial statement is said to be unaudited until they are reviewed and approved by a certified external auditor.

The accounting and review services committee are responsible for promulgating standards regarding accountant association. The auditor helps in reviewing the financial statement of the individual.

6 0
3 years ago
Globus Autos sells a single product. 8 comma 3008,300 units were sold resulting in $ 84 comma 000$84,000 of sales​ revenue, $ 24
ryzh [129]

Answer:

$59,000

Explanation:

We will first determine the variable cost per unit

= $24,000/300

= $80

Contribution margin percentage =

$280 - ($80 - $1.10)/$280

= 0.72

= 72%

New break even point = $18,000/72%

= 25,000

Old break even point =

($280 - $80)/280

= 0.71

= 71%

= $18,000/71%

= $25,352

Margin of safety = $84,000 - $25,000

= $59,000

6 0
4 years ago
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