When a person does a job that is highly mechanized and requires basic literacy, that person is considered by the Weberian model to be part of the Working Class.
The Weberian model divides American society into several classes such as:
- Upper class - includes wealthy people, some of whom have had money for generations
- Middle class - educated and have a higher income
- Working class - engage in jobs that do not require much literacy
Kevin is engaged in a job that did not offer much training and requires basic literacy. This means that he is likely part of the working class which includes people in jobs like his.
In conclusion, Kevin is part of the working class.
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Answer:
The correct answer is (A)
Explanation:
Customer driven, otherwise called customer-centric, is a way to deal with working together that spotlights on making a positive encounter for the client by amplifying administration as well as item contributions and building connections. A customer-centric method for working together is a way that gives a positive client experience when the deal so as to drive rehash business, upgrade client commitment and improve business development.
Answer:
Cost of equity = 10.7%
Explanation:
<em>We will work out the required rate of return using the the dividend valuation model. The model states that the value of a stock is the present value of the future divided discounted at the cost of equity.
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The model is given below:
P = D× (1+g)/(r-g)
P- price of stock, D- dividend payable now, g- growth rate in dividend, r- cost of equity
So we substitute
130 = 5.50× (1+r)/(r-0.06)
cross multiplying
(r-0.06)× 130 = 5.50 × (1+r)
130 r- 7.8 = 5.50 + 5.50r
collecting like terms
130 r - 5.50r=5.50 + 7.8
124.5 r= 13.3
Divide both sides by 124.5
r =13.3 /124.5= 0.1068
r=0.1068 × 100= 10.7%
Cost of equity = 10.7%
Answer:
The transaction price for the land and related royalty payment is $2,950,000
Explanation:
Transaction cost is a fixed and certain cost where an exchange is made. Here the specific cost is $2,950,000 only, since this is the undefined selling cost. 1% commission ought not be considered here, on the grounds that it depends on deals and the deal figure may change in future. In this manner, the measure of commission isn't sure. Therefore, the transaction cost is $2,950,000
Answer:
$34,000
Explanation:
To determine the year-end retained earnings balance we can use the following formula:
current retained earnings balance = last year's retained earnings balance + current net income - distributed dividends - adjustments (depreciation expense)
current retained earnings balance = $32,000 + $12,000 - $7,000 - $3,000
current retained earnings balance = $34,000