Answer:
The middle class created a high and sustained demand for consumer goods
Explanation:
Before the advent of the industrial revolution, the social stratification of society is such that either you are in the lower class of the poor or you are part of the rich in the upper class. The industrial revolution of late 18th and early 19th centuries saw the springing up from the lower class a new set of wealthy and educated individuals which were later termed the middle class
This reach men and women are able to buy goods needed to satisfy their newly found social status which boost demand for new and quality goods produced as a result of industrial revolution.
Answer:
b. They are treated differently because the loss in value of Carol's stock is the result of a sale, while the loss in value of Dave's stock is simply a decline in value.
Explanation:
Although the stock owned by Carol and by Dave declines in value by $2,000, however Carol only has a realized and recognized loss of $2,000. The main factor in determining whether a disposition has taken place often whether an identifiable event has occurred. In the current scenario, Carol’s stock sale qualifies as a disposition and the Dave’s stock value decline does not qualify as a disposition and is simply a decline in value.
Answer:
Neither project should be chosen
Explanation:
Given that
Each project cost of capital is 12%
The IRR of project A is 11.4%
And, the IRR of project B is 11.1%
As we can see that the cost of capital of each project with their internal rate of return so no project should be selected
Therefore the above statement represent an answer
The same should be relevant
Answer:
A. 11 %
Explanation:
Given that TopCo owns 40% of Botco, in order to gain control botco, it must either directly or/and indirectly have more than 50% of botco voting stock. Meaning it must acquire more than 10% extra in order to gain control. Thus, if Midco that topco have 60% of is able to acquire 11% of Botco, then topco will be able to have 51% control over botco with 40% coming directly and 11% coming indirectly through it 60% control over Midco.
Answer:
B. The service can be transported
Explanation:
Service relates to providing an intangible form of work which is performed for others to yield a benefit or satisfy a want. An important aspect of a service being, it is intangible or something which cannot be touched or felt.
For example, service provided by a doctor or services provided by a waiter at a hotel. Services are consumed, the moment they are produced. For instance, services of a waiter arise when a customer enters the hotel and a want for the service is created.
Services cannot be resold as for instance the receiver performs the same service to another, the provider would change.
As services are intangible, they cannot be stored since they arise only when a want arises and are consumed immediately.
Thus, the correct option is B. The service can be transported.
