Answer:
Income inequality ratio
Explanation:
The income inequality ratio is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in income.
Income inequality refers to the uneven distribution of income among the population of a particular place. It is the difference in the allocation of income in a particular country.
Income inequality occurs across different segments of the population such as gender(male and female), ethnic group, occupation, geographical location etc.
The Gini index is widely used to compare disparities in income.
Answer:
Binomial nomenclature.
Explanation:
What is Binomial nomenclature?
a system for giving each organism a two-word latin name that consists of the genus name followed by the specifies name taxonomy.
The 4-year term instrument's nominal rate is higher than the 2-year term instrument's nominal rate.
What is nominal rate?
The increase in payment you make to the lender for using the borrowed funds is known as the nominal interest rate.
The rate of compounding is higher for 2-year investments than for 4-year investments, which are compounded semi-annually.
As a result, option (b) is correct.
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The appropriate journal entry for each of these transactions,
Date Journal entry Debit credit
Nov 20 Cash a/c 441
credit card discount 9
To sales revenue 450
Nov 25 Accounts receivable 2800
To sales receivable 2800
Nov 28 Accounts receivable 7200
To sales receivable 7200
Nov 30 Sales return 600
To account for receivable 600
Dec 06 Cash 6468
sales discount 132
To accounts receivable 6600
Dec 30 Cash 2800
To accounts receivable 2800
Net sales:450+2800+7200-600-132
= 9718
Examples of transactions are as follows: Paying a provider for offerings rendered or goods introduced. Paying a vendor with cash and a note so one can obtain ownership of assets formerly owned by the seller. Paying an employee for hours worked.
A transaction is a finished settlement between a client and a seller to exchange items, offerings, or monetary property in going back for cash. The term is also commonly utilized in company accounting. In business bookkeeping, this simple definition can get complex.
A cash transaction is the immediate charge of coins for the acquisition of an asset. some market stock transactions are considered cash transactions although the exchange might not settle for some days. A futures agreement isn't always considered a cash transaction.
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