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Inessa [10]
4 years ago
8

Many poverty scholars call for a modification of the poverty measure to reflect changing housing costs or to reflect the fact th

at indoor plumbing was not common for rural families in the middle of the twentieth century. These recommendations point out the fact that________.
Business
1 answer:
vovikov84 [41]4 years ago
3 0

Answer:

that there's a need for an improved poverty measure.

Explanation:

It is interesting to note that poverty has a defined measurement which helps Governments understand how taxes and government programs affect those who are poor.

However, due to changing housing costs and the fact that indoor plumbing was not common for rural families in the middle of the twentieth century it was necessary to modify the measures that defines a poor person.

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In its income statement for the year ended June 30, 2009, The Clorox Company reported the following condensed data (dollars in m
Kruka [31]

Answer:

Clorox Company

multiple-step income statement.

Net sales                                                                       $5,450

Less Cost of goods sold                                             ($3,104)

Gross Profit                                                                   $2346

Less Operating Expenses :

Selling and administrative expenses          $ 715

Research and development expense          $ 114

Advertising expense                                    $499     ($1,328)

Operating Income                                                        $1018

Less Non Operating Expenses :

Income tax expense                                     $276

Interest expense                                            $161

Other expense                                                $46      ($483)

Net income                                                                   $535

Explanation:

The multiple-step income statement shows separately the income derived from primary activities (operating income) and secondary activities (net income)

8 0
3 years ago
Companies support the adoption of international financial reporting standards because
I am Lyosha [343]
<h2>IFRS brings transparency, accountability and efficiency to finanacial market across the globe.</h2>

Explanation:

IFRS - International Financial Reporting Standards

Transparency:

  • Done by enhancing the

            a) international comparability

             b) quality of financial information,

  • enabling investors to make "economic decisions"

Accountability:

  • It strengthens this aspect by reducing the information gaps

Efficiency:

  • Helps investors to identify market opportunities
  • Alert about the risks across the world
  • lowers the Capital cost
3 0
3 years ago
Suppose adding cameras to cell phones caused the demand for cell phones to increase. As a result of this investment, cell phone
marin [14]
It will reduced the opportunities in digital camera industry

If the cell phone producers produced more phone that already have camera in it, the consumers will be less likely to buy another digital camera,

and this will lower the revenue of Digital Camera's producers and reduced their opportunities
6 0
4 years ago
Read 2 more answers
An appraiser has been hired to prepare an appraisal on a property that includes an elegant old mansion that is now used as an in
padilas [110]

Answer:

<em>c. gross rent multiplier approach </em>

Explanation:

Gross Rent Multiplier (GRM) is the cost ratio of an investment in immovable property to its annual rental income before paying for costs such as property taxes, insurance and utilities. It is the number of years that the estate will take to pay itself in gross rent.

<em>Simply multiply the Gross Rent Multiplier (GRM) by the gross rents of the property to calculate the value of a commercial property using the Gross Rent Multiplier valuation approach.</em>

Divide the selling price or value of an estate by the gross rents of the land of the subject to determine the Gross Rent Multiplier.

6 0
3 years ago
Blue Spruce Corp. took a physical inventory on December 31 and determined that goods costing $229,500 were on hand. Not included
Irina18 [472]

Answer:

Blue Spruce report as its December 31 inventory is $285,000

Explanation:

Correct inventory

= 229,500 + goods purchased FOB shipping point 30,000 + goods sold FOB destination 25,500

= 229,500 + 30,000 + 25,500

= 285,000

3 0
3 years ago
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