The Official Poverty Measure is used to estimate numbers of people unable to afford basic needs with little or no government assistance
- The Supplemental Poverty Measure is used to measure the economic deprivation, that is, people having insufficient financial resources to achieve a specified standard of living.
- The official poverty measure is based on cash resources while the Supplemental Poverty Measure is based on both cash and noncash benefits and subtracts necessary expenses.
The cost including food costs, housing costs, utilities costs and clothing costs are elements used in calculation of the Official poverty measure and Supplemental Poverty Measure.
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Answer:
The correct answer is letter "C": Henri Fayol's administrative management.
Explanation:
Turkish economist Henri Fayol (1841-1925) is considered the father of modern management. Fayol summarized his ideas on corporate management in 14 principles in which he emphasizes <em>organizational hierarchy, fair and kind employee treats, and corporate spirit.</em>
Answer:
deliverability, flexibility and accessibility
Explanation:
Advanta Pro has recognised the benefits of the internet because of its deliverability, flexibility and accessibility. From the past 2 decades, most of the companies are using internet as the main source of advertising their commodities. E-commerce after the globalisation emerged as an important tool of promotion and information sharing. Overall, the company will share the information by using the internet to contact and attract more potential customers.
Answer:
The gross margin is $24,200
Explanation:
The computation of the gross margin is shown below:
As we know that
Gross margin is
= Sales - cost of goods sold
= $57,000 - $32,800
= $24,200
We simply deduct the cost of goods sold from the sales so that the gross margin could come
hence, the gross margin is $24,200
We simply applied the above formula