Answer:
A. (a, the area between the diagonal line and the lorenz curve divided by the total area below the diagonal line)
B. (a, a perfectly unequal income distribution will have a Gini ration of 1.)
C. (a, more equal)
Explanation:
A. Gini ratio can be defined as the statistical determination of the wealth and income distribution among a country's populace.
It can also be called Gini coefficient or Gini index, and it is a measure of the inequality in income and wealth distribution.
The Gini ration is calculated by finding the difference between the Lorenz curve and the uniform distribution line, then divided by the total area under the uniform distribution line. A Gini ration of <0.2 is the perfect income equality.
B. Gini ratio cannot exceed 1 because a perfectly unequal income distribution will have a Gini ratio of 1. This means that the line of equality does not move irrespective of whether or not the Lorenz curve changes.
C. If the Gini ratio declines from 0.42 to 0.35, then that means that income has become more equal. Note that a Gini ratio of <0.2 signifies a perfect income distribution, slightly greater than 0.2 to ).35 signifies that income distribution is close to equality.
Cheers.
Answer:
the required return on the preferred stock is 3.33%
Explanation:
The computation of the required return on the preferred stock is shown below:
= Dividend ÷ Selling price per share
= $2.50 ÷ $75
= 3.33%
Hence, the required return on the preferred stock is 3.33%
We simply applied the above formula
Have less information than used car sellers
The purpose of the Digital Millennium Copyright Act is to improve protection of copyrighted digital products.
<h3>What is the Digital Millennium Copyright Act?</h3>
It is an Act by the U.S. Congress that aims to make it harder to engage in using copyrighted materials without authorization.
It does this by making it illegal to produce technology or devices that help people use copyrighted materials without permission.
In conclusion, option D is correct.
Find out more on copyrights at brainly.com/question/357686.
Answer and explanation:
<em>check the attached file for a well formatted answer</em>
The purchase budget for the month of Mar 2012 is asked. Also there are no changes in beginning and closing inventories. The data given is summarised as below,
Brand 1 Brand 2
Bottle size 2 lit 2 lit
Number of bottles 106000 81000
Concentrate cost $85 per pound
Concentrate used 0.15 lb per 100 lit 0.2 lb per 100 lit
Carbonated water used 2 lit 2 lit
Bottle cost $0.1 per bottle
Carbonated water cost $0.08 per litre
Based on this the budget is filled as below,
CONCENTRATE 2-LITRE BOTTLES CARBONATED WATER
Brand 1 (A)
318 lbs
[=106000*2/100*0.15 lbs]
106000 bottles
212000 litres
[106000 bottles * 2 litres]
Brand 2 (B)
324 lbs
[=81000*2/100*0.2 lbs]
81000 bottles
162000
[81000 bottles * 2 litres]
Total Materials (C=A+B) 642 lbs 187000 bottles 374000 litres
Direct materials unit price (D) $ 85 $ 0.1 $ 0.08
Total direct materials to be purchased (E=C*D) $54570 $18700 $29920
