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4 years ago

According to noted economist Thomas Piketty:

Business

1 answer:

klasskru [66]4 years ago

7 0

Answer:

b. CEOs should not earn much more than 10-20 times the earnings of the company's average salary.

Explanation:

Thomas Piketty was a French economist born on the 7th of May, 1971 in Clichy, France.

In 2013, Thomas Piketty published a book "Capital in the Twenty-first Century." The book focused on the wealth and income inequality from the 18th century in United States of America and Europe.

According to the notable economist Thomas Piketty, the Chief Executive Officers (CEOs) of an organization shouldn't earn much more than 10-20 times the earnings of the company's average salary.

He argues that this would help to spread wealth among the citizens (employees) rather than a minority of the larger population.

Thomas Piketty's argument was based on the formula that relates rate of return on capital (r) to economic growth (g).

Rate of return on capital (r) are dividends, profits, interests and rent from capital while economic growth (g) is measured by the nation's income.

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Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided in

MrRissso [65]

Answer and Explanation:

The Preparation of service revenue is prepared below:-

For Quarter 1

Billable Hours Billable rate Total

Auditing 2,450 84 205,800

Tax 3,130 94 294,220

Consulting 1,640 105 172,200

Total 672,220

For Quarter 2

Billable Hours Billable rate Total

Auditing 1,840 84 154,560

Tax 2,650 94 249,100

Consulting 1,640 105 172,200

Total 575,860

For Quarter 3

Billable Hours Billable rate Total

Auditing 2,330 84 195,720

Tax 2,300 94 216,200

Consulting 1,640 105 172,200

Total 584,120

For Quarter 4

Billable Hours Billable rate Total

Auditing 2,710 84 227,640

Tax 2,800 94 263,200

Consulting 1,640 105 172,200

Total 663,040

Now the total revenue is

= $575,860 + $584,120 + $663,040

= $1,823,020

5 0

4 years ago

Which type of marketing channel includes a retailer or other intermediaries in the delivery of goods and services to consumers?.

babunello [35]

A distribution channel is a type of marketing channel that includes a retailer or other intermediaries in the delivery of goods and services to consumers.

A distribution channel is a network of companies or middlemen (such as suppliers, distributors, shipping hubs, retailers, and the internet) that products and services go through before they are delivered to the final customer. A distribution channel is a series of establishments or middlemen where the ultimate consumer makes their purchase of a product or service.

Retailers, distributors, wholesalers, and the Internet are examples of distribution channels. Manufacturers sell to consumers directly through a direct distribution channel. Before the product reaches the customer through an indirect channel, several middlemen are involved. All products and services must follow a distribution route in order to reach their target clients. On the other hand, it also depicts the payment route taken by funds from the final customer to the initial seller.

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3 0

1 year ago

You happen to be checking the newspaper and notice an arbitrage opportunity. The current stock price of Intrawest is $20 per sha

Vinil7 [7]

Answer:

Using the Put-Call parity principle where the following relationship holds:

Covered Call = Protective Put

Using the above, find the call price:

Call + Strike price / (1 + risk free rate) = Stock price + Put

Call + 18 / (1.08) = 20 + 3.33

Call + 16.67 = 20 + 3.33

Call = 23.33 - 16.67

Call = $6.66

The call option is overvalued at $7 so sell the Call option and buy the Put option and the Stock and borrow $16.67 which is the present value of the Put.

The net gain will be:

= 7 - 6.66

= $0.34

6 0

3 years ago

I need Short Term, Med Term, and Long Term goals for a sports cleat business

alisha [4.7K]

Answer:

Short term: Try and sell the one pair of cleats that are used.

Med term: Try and sell Two pairs for a lower price like two pairs for $40

Long term: Try and sell all the cleats before you have to leave the store.

Explanation:

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3 0

3 years ago

If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, it

SCORPION-xisa [38]

If the real output of a DVC increases from $200 billion to $260 billion and its population increases from 100 to 110 million, its real per capita output will have increased by about $167. This is further explained below.

<h3>What is real per capita output?</h3>

Generally, The real gross domestic product per capita is a figure that is calculated by dividing the entire economic output of a nation by the total population of that country after adjusting for inflation.

In conclusion, If the actual production of a DVC goes from $200 billion to $260 billion and at the same time its population goes from 100 million to 110 million, then the real output per capita will have climbed by around $167.

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2 years ago