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
siniylev [52]
3 years ago
7

A(n) ________ is a system based on a dominant ideology involving the widely shared belief that all people have an equal chance o

f succeeding economically based on their hard work and skills.
Business
1 answer:
sammy [17]3 years ago
5 0

Meritocracy is a system based on a dominant ideology involving the widely shared belief that all people have an equal chance of succeeding economically or a political philosophy stating that power should be vested in individuals based on their hard work and skills.

 





You might be interested in
Chillco Corporation produces containers of frozen food. During April, Chillco produced 790 cases of food and incurred the follow
Zepler [3.9K]

Answer:I'm figuring this out for you!

Explanation:

5 0
4 years ago
Banks channel money from savers to borrowers to _____. investors scarce resources the government
cluponka [151]

Answer:

Investors

Explanation:

Investor is the term which is defined as the person or an individual who allocated the capital or the fund with the expectation for gaining an advantage or the financial return in future.

The investor is someone who provides the business with the capital or funds and someone who bought the stock. Under this situation, the banks are those who channels the money from the savers to borrowers to the investors.

8 0
3 years ago
The aftertax cost of debt:
sveticcg [70]

Answer:

The full options for this answer are:

A. varies inversely to changes in market interest rates.

B. will generally exceed the cost of equity if the relevant tax rate is zero.

C. will generally equal the cost of preferred if the tax rate is zero.

D. is unaffected by changes in the market rate of interest.

E. has a greater effect on a firm's cost of capital when the debt-equity ratio increases.

The correct answer is E. has a greater effect on a firm's cost of capital when the debt-equity ratio increases.

Explanation:

The cost of debt refers to the effective rate that a company pays for its current debt. In most cases, this phrase refers to the after-tax cost of debt, but it also refers to the cost of a company's debt before taxes are taken into account. The difference in the cost of debt before and after taxes lies in the fact that interest expenses are deductible.

The cost of debt is a part of a company's capital structure, which also includes the cost of capital. A company can use various bonds, loans and other forms of debt, so this measure is useful to give an idea of the overall rate the company pays for its debt. The measure can also give investors an idea of the company's risk compared to others, because riskier companies generally have a higher cost of debt.

7 0
4 years ago
In the North, if the price goes down by $0.40 per pound, then the quantity supplied in the North goes down by 600 pounds per yea
Mumz [18]

Answer:

If the price of peaches goes down by $0.40 in the South, the quantity will decrease by 600 pounds per year.

Explanation:

  • As given that the decrease in price by $0.40 per pound then the quantity in the North goes down by 600 pounds per years so from here we have understand that if the same prices goes down in the South, then the same decrease in pounds per year will occur i.e decrease in price by $0.40 per pound will result in the decrease in the quantity by 600 pounds per year.

6 0
4 years ago
revorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a
nlexa [21]

Answer:

$9,906 F

Explanation:

Calculation as follows:

Budget Income Statement

<u>Particular</u>                                                       $

Revenue (28.4 x 7,000)                          198,800

Direct Labor (2.8 x 7,000)                       (19,600)

Direct Material (10.7 x 7,000)                  (74,900)

Manufacturing Overheads

(38,000 + [1.5 x 7,000] )                           (48,500)

Selling and administrative Expenses

(23,600 + [0.3 x 7,000] )                           (25,700)

Net Operating Income                               30,100

Actual Income Statement

<u>Particular</u>                                                       $

Revenue                                                   205,320

Direct Labor                                             (18,974)

Direct Material                                         (72,252)

Manufacturing Overheads                      (48,320)

Selling and administrative Expenses      (25,768)

Net Operating Income                             40,006

Activity variance for net operating income = Net operating income actual - Net operating income budgeted

Activity variance for net operating income = 40,006 - 30,100

 Activity variance for net operating income = $9,906 F

8 0
3 years ago
Other questions:
  • True or false: in restaurants, tipping is not customary because it violates the tradition of tahitian hospitality.
    6·2 answers
  • A company's normal selling price for its product is $20 per unit. however, due to market competition, the selling price has fall
    14·1 answer
  • Tayler Company reported the following data.
    10·1 answer
  • A monopolistically competitive firm is currently charging a price of $10 and producing 12,000 units/month. It faces monthly fixe
    15·1 answer
  • Casey is opening up his own personal training facility. what is one of the advantages he has?
    9·2 answers
  • One advantage of nonfinancial measures is that managers directly involved in operations are likely to understand them.-true or f
    10·1 answer
  • The assumption of continuity says that:
    14·2 answers
  • Beerbo purchased a patent from Mitter Lite Co. for $1,000,000 on January 1, 2018. At that time, the patent's useful life was 10
    7·1 answer
  • Unemployment is studied as a part of​
    11·1 answer
  • In open economies, A. countries can save only by acquiring foreign wealth. B. investment always refers to the domestic stock mar
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!