Answer:
Explanation:
It means that there must be a huge number of people that have little or nothing.
The most recent estimate of America's population is 331,000,000 roughly
1% of the population is 331,000,000 * 1/100 = 3,310,000
So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.
1 trillion has 12 zeros behind it
so 14 trillion has 12 zeros behind it.
3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.
That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.
3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.
<u>Answer:</u> The amounts have to be determined using fair value for plant and equipment and for long term debt.
<u>Explanation:</u>
Fair value method is based on the market price of the asset. The historical value of the assets is not used to consider the sale price of the asset. Fair value is where Company J and Company K both the parties have to accept the price based on the known facts of the assets.
Company J and Company K should both accept the price out of free will and should not be out of compulsion. Company J can report based on the financial statement fair value of the assets and long term debt.
Answer:
Total Current assets = $622,000
Explanation:
<u>Balance sheet (For the year ending)</u>
<u>Current asses Amount </u>
Accounts receivable $220,000
Cash $83,000
Stock $275,000
Finished goods $89,000
Raw materials $94,000
W.I.P $92,000
<u>Prepaid expenses $44,000 </u>
<u>Total Current assets $622,000 </u>
Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.
<h3>What is motivation ?</h3>
Motivation is the reason why humans and other animals begin, continue, or discontinue an activity at any particular time. Motivational states are typically viewed as internal forces that induce a desire to engage in goal-directed conduct.
The Three Kinds of Motivation
Extrinsic. Performing an action in order to achieve or prevent a specific result. Many of the things you perform every day are probably extrinsically driven. ...
Intrinsic. Internal motivation for success or a sense of purpose... Family. Motivated by a desire to provide for your family.
Motivation will assist him in achieving his personal objectives. Individuals who are motivated will be satisfied with their jobs. Individual self-development will benefit from motivation. Working with a dynamic would always benefit an individual.
To know more about motivation follow the link:
brainly.com/question/6853726
#SPJ4
Answer:
Total direct labor hours= 77,250
Direct labor cost= $911,550
Explanation:
Giving the following information:
Production= 51,500 units
Standard hours= 1.5 per unit
Standard rate= $11.8 per hour
<u>First, we need to calculate the direct labor hours required:</u>
Total direct labor hours= 1.5*51,500= 77,250
<u>Now, the direct labor cost:</u>
Direct labor cost= 77,250*11.8
Direct labor cost= $911,550
