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marshall27 [118]
3 years ago
13

Connor was born into a poor family, but he worked hard during high school and went on to receive his master's degree in business

. Today, he is considered "upper middle class" and enjoys a comfortable lifestyle. Connor's journey is an example of Multiple Choice a. a rigid class system. b. social mobility. c. a caste system. d. class consciousness. e. reciprocal beliefs.
Business
2 answers:
Diano4ka-milaya [45]3 years ago
8 0

Answer:

Explanation:thank you this really helped me

iris [78.8K]3 years ago
3 0

Answer:

B. Social mobility

Explanation:

In every societies, status tend to bed  determined how much resources you can own or how much influence you have over people.

Social mobility occurs when a person or a group experienced a change in their social status. Whether it's for the better or worse.

This happened to Connor.

He was born in a poor family. This means that he was born as a person with low social status. He will most grew up without any resources or ability to influence people.

After working hard and getting a business degree , he managed to get a big enough salary that made him move to the upper middle class status. Now, he obtained enough resources (salary)  to live comfortable and probably have a couple of people working under him (more influence) .

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Which of the following outcomes of providing accounting information is an attempt to identify individual securities that are mis
velikii [3]

Answer:

The correct answer is: b. Fundamental analysis.

Explanation:

Fundamental analysis can be understood as a commonly used method that aid to evaluate and analyze the intrinsic value of a specific asset and the evaluation of its evolution and modification of said value across time.

<u>It is a thorough review of all the available financial information while being aware of the effects that external events and influences have on particular asset value. </u>

In conclusion, to the question Which of the following outcomes of providing accounting information is an attempt to identify individual securities that are mispriced by reviewing all available financial information? The correct answer is: b. Fundamental Analysis.

5 0
4 years ago
Your mother just received a ​$340,461 inheritance. If she invests her money in a diversified equity portfolio returning 8 percen
Effectus [21]

Answer:

14 years

Explanation:

The future value of an investment is given by the following equation:

F = P*(1+r)^t

If your mother is investing an amount of P=$340,461 at a rate r=0.08 and the desired future value is F=$1,000,000, the required time of investment 'n', in years, is:

1,000,000 = 340,461*(1+0.08)^n\\log(\frac{1,000,000}{340,461})=n*log(1.08)\\ n=14\ years

It will take her 14 years to become a millionaire.

5 0
4 years ago
Assets are debts or money you owe to others. answer true false
ollegr [7]
False.
Asset are things you own, Debts are things you owe.
Hope that Helps :3
8 0
3 years ago
John F. Kennedy belleved that a leader should be
Marysya12 [62]

Answer:

c

Explanation:

8 0
3 years ago
A company enters into a long futures contract to buy 1,000 units of a commodity for $60 per unit. The initial margin is $6,000 a
bearhunter [10]

Answer:

$62

Explanation:

Given that

Units = 1000

Price per unit = 60

Future price drawn/loss = 2000

Thus

1000 (x - 60 ) = 2000

Where x = future price

x - 60 = 2000/1000

x - 60 = 2

x = 60 + 2

x = $62

Thus, future price that will allow the withdrawal of 2000 is $62.

Note, each $1 increase in future prices leads to $1000 gain. When future price therefore increases by $2, gain gotten will be therefore $2000 and this can be withdrawn. Intial price was $60, thus, future for 2000 withdraw = 60 + 2 = $62.

7 0
3 years ago
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