Planning goals is a large part of self management t or f

The size and cut of a diamond allows people looking at a ring to roughly estimate its cost and make a judgment about the wearer'

Sholpan [36]

The answer is the Status symbol.

A status symbol is typically an object meant to symbolize the high social and financial position of its owner.

Status symbols frequently vary as a culture and its ideals evolve.

Different status symbols may also be dictated by one's line of work, and some uniform designs may be interpreted as status symbols.

Status symbols in capitalist society are frequently connected to material prosperity. Status symbols might alter depending on where they are used.

For instance, a physical scar may signify honor or bravery in cultures where warriors are revered, becoming a status symbol.

Hence, in the given scenario where the size and cut of a diamond allow people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a status symbol.

Learn more about capitalist society:

brainly.com/question/10441842

#SPJ4

5 0

2 years ago

A job was budgeted to require 3 hours of labor per unit at $8.00 per hour. the job consisted of 8,000 units and was completed in

kiruha [24]

The total labor cost of variance is the difference of the two presented costs. The actual cost of production is presented below,
actual cost of production = $198,000
The other cost can be calculated through the equation,
cost of production = (3 hours/labor u)(($8/unit)(8,000) = $192,000
Thus, the total labor cost variance is approximately $6,000.

5 0

3 years ago

Read 2 more answers

The fiscal 2016 balance sheet for Whole Foods Market reports the following data (in millions). Cash and Cash Equivalents Marketa

Lilit [14]

Answer:

Option C 0.72 is correct

Explanation:

Cash and cash equivalents 351

Marketable securities 379

Accounts receivable 242

Total quick assets 972

Divide by Current liabilities 1341

Quick ratio 0.72

3 0

3 years ago

Read 2 more answers

Barry, a solvent individual but a recovering alcoholic, embezzled $6,000 from his employer. In the same year that he embezzled t

skad [1K]

Answer: Barry must include $6,000 in gross income from discharge of indebtedness

Explanation:

Feom the question above, we are told that Barry embezzled $6,000 from his employer and that even though his employer discovered the theft, the employ did not fire him and told him that he did not have to repay the $6,000 if he attend Alcoholics Anonymous. Barry met the conditions and the employer canceled the debt.

In this case, Barry will have to include the $6,000 he stole in gross income from discharge of indebtedness. The gross income has to do with the sum of the wages, profits, salaries, rents, interest payments, and every other earnings, before the deductions of taxes or other deductions. Since Barry stole the money and.he.has been forgiven, the $6,000 has to be included in the gross income from discharge of indebtedness.

7 0

3 years ago

Widden Company, which sells electric razors, had $320,000 of cost of goods sold during the month of June. The company projects a

butalik [34]

Answer:

Part A. The amount of purchases budgeted for July is calculated below:

Amount of purchases = Cost of goods sold + Closing inventory - Opening inventory

Amount of purchases = ($320,000 x 1.09) + $34,000 - $33,000

Amount of purchases = $348,800 + $34,000 — $33,000

Amount of purchases = $349,800

Therefore, the amount of purchases budgeted for July is $349,800.

Part B. The amount of cash payments budgeted for inventory purchases in July is calculated below:

Amount of cash paid in July = Opening accounts receivable + 75% of purchases in July

Amount of cash paid in July = $37,000 + ($349,800 × 0.75)

Amount of cash paid in July = $37,000 + $262,350

Amount of cash paid in July = $299,350

Therefore, the amount of cash paid in July is $299,350.

8 0

3 years ago