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skad [1K]
3 years ago
5

The Davis-Moore Thesis states: Group of answer choices That economic hardship and skyrocketing inflation is the cause for all so

cial stratification in the United States. That Karl Marx was correct and that stratification can only be solved by converting to a socialist government. That the more society values a particular profession, the more the people in that profession will make. That people constantly move up and down the social ladder, and this creates an unstable economy which will eventually collapse on itself.
Business
1 answer:
Novosadov [1.4K]3 years ago
5 0

Answer:

<h2>C. The more society values a particular profession, the more the people in that will make.  </h2>

Explanation:

It was an early attempt to explain stratification in society, it stated that social stratification is necessary to promote efficiency, productivity and excellence, it gives people something to strive for.  

The sociologists Wilbert Moore and  and Kingsley Davis published it in 1945 and argued that the importance of a social role decides its award, they said that the most difficult jobs in the society are necessary ones and they require highest compensation to motivate individuals to do those jobs. And once the posts are filled, division of labour functions properly.

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Last year Lowell Inc. had a total assets turnover of 1.40 and an equity multiplier of 1.75. Its sales were $295,000 and its net
katrin [286]

Answer:

ROE would have changed by 8.52%

Explanation:

First we calculate the current ROE using Dupont Equation which gives ROE as,

ROE = Net Income/Sales * Sales/Total Assets * Total Assets/Equity

or

ROE = Net Profit Margin * Total Assets Turnover * Equity Multiplier

  • Current ROE = 10600/295000 * 1.4 * 1.75 = 0.0880 or 8.8%

The condition says that the net income could have increased to 20850 but other factors will remain constant. Thus, to calculate new ROE, we will calculate the new Net Profit margin but the total assets turnover and the equity multiplier will remain constant as sales assets and capital structure is not changing.

  • New ROE = 20850/295000 * 1.4 * 1.75 = 0.17316 or 17.32%
  • The ROE would have changed by 17.32 - 8.80 = 8.52%
7 0
3 years ago
Select the correct answer.
djverab [1.8K]

Answer:

c is the answer to the question

Explanation:

If my answer is incorrect, pls correct me!

If you like my answer and explanation, mark me as brainliest!

3 0
2 years ago
The skills, abilities and other characteristics needed to perform a job are detailed in a select one:
anzhelika [568]
The skills and abilities is called A. Job description
8 0
3 years ago
Assume the real rate of return is 3.37% and the inflation rate is 1.47%. Find the nominal rate of return using the exact formula
Citrus2011 [14]

Answer:

4.89%

Explanation:

Real rate of return = 3.37%

Inflation rate = 1.47%

The nominal rate of return is computed as shown below:

= [ (1 + real rate of return) x (1 + inflation rate) ] - 1

= [ (1 + 0.0337) x (1 + 0.0147) ] - 1

= (1.0337 * 1.0147) - 1

= 1.04889539 - 1

= 0.04889539

= 4.889539%

= 4.89% approx.

7 0
3 years ago
Give two characteristics of a perfectly competitive market.
sergey [27]
1. a large number of buyers and sellers
2. an identical or a homogeneous product
7 0
3 years ago
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