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3 years ago

Generally, as the proportion of middle-income households in a country increases, the nation's purchasing power __________.

Business

1 answer:

erica [24]3 years ago

5 0

Answer:

Increases

Explanation:

Generally, as the proportion of middle-income households in a country increases, the greater (an increase) nation's purchasing power.

Actually, the purchasing capability increases in proportion to an increase in the income of households.

Purchasing power is known as the currency value which is usually seen in the amount of goods or services that a unit of money can buy.

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wilson corporation exchanged land and $4,500 cash for material handling equipment. the land had a book value of $45,000 and a fa

77julia77 [94]

Book Value Of Asset $58500000.$ Book Value of Assets is the asset's value in the books of records of a company or an institution at any given instance.

Assets Book Value Formula = Total Value of an Asset – Depreciation – Other Expenses

Book Value Of Asset is $$4,500(58,000 - 45,000)$ and the fair value of asset exchanged is $58500000.$ As there is a change in the value, this substance exists in the transaction.

Commercial substance exists in business transactions where the outcome is anticipated to change the company's cash flows in the future and is considered only when there is a significant alteration in the risk of cash inflow, the timing of cash inflow, and the amount paid as a result of the transaction.

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7 0

1 year ago

According to the GLOBE project, which of the following are most likely to view the terms "leader" and "manager" negatively? the

Genrish500 [490]

Answer:

Mexicans

Explanation:

According to the GLOBE project and Hofstede's cultural dimensions, Mexico falls under category of high power distance, whose culture is more based on collectivism. Leaders in these cultures who are successful are the ones who make decisions collectively, therefore any individual approach by these managers in an organization towards decision-making would be viewed negatively.

6 0

3 years ago

Seventy new jobs are opening up at an automobile manufacturing plant, and 1000 applicants show up for the 70 positions. To selec

777dan777 [17]

Answer:

As explained below, given that the score of the person is among the 0.03125 fraction of the best applicants, he can count on getting one of the jobs.

Explanation:

The hint is to use Chebyshev’s Theorem.

Chebyshev’s Theorem applies to any data set, even if it is not bell-shaped.

Chebyshev’s Theorem states that at least 1−1/k² of the data lie within k standard deviations of the mean.

For this sample you have:

mean: 60
standard deviation: 6
score: 84

The number of standard deviations that 84 is from the mean is:

k = (score - mean) / standar deviation
k = (84 - 60) / 6 = 24 / 6 = 4

Thus, the score of the person is 4 standard deviations above the mean.

How good is that?

Chebyshev’s Theorem states that at least 1−1/k² of the data lie within k standard deviations of the mean. For k = 4, that is:

1 - 1/4² = 1 - 1/16 = 0.9375

That means that half of 1 - 0.9375 are above k = 4: 0.03125

Then, 1 - 0.03125 are below k = 4: 0.96875

Since there are 70 positions and 1,000 aplicants, 70/1,000 = 0.07. The compnay should select the best 0.07 of the applicants.

Given that the score of the person is among the 0.03125 upper fraction of the applicants, this person can count of geting one of the jobs.

3 0

3 years ago

can produce two types of light fixtures, the indoors model and the outdoors model. if the total sales are expected to be 21,050

mars1129 [50]

Answer:

$1,000,000

Explanation:

The computation is shown below:

Particulars Indoors Model Outdoors Model Total

No of Units

(21,050 in ratio 2:3) 8,420 12,630 21,050

Sales 1,263,000 2,778,600 4,041,600

Less: Variable costs 168,400 505,200 673,600

Contribution margin 1,094,600 2,273,400 3,368,000

Less: Fixed costs

(2,160,000 + 208,000) 2,368,000

Operating Income 1,000,000

7 0

3 years ago

The management team at electronics galaxy is evaluating whether or not to have sales staff wear uniforms on the showroom floor.

Delicious77 [7]

Answer:

b. Uniforms can help customers identify members of the sales staff

Explanation:

When evaluating whether or not to have sales staff wear uniforms on the showroom floor. What the electronics galaxy should consider about wearing uniforms is that "Uniforms can help customers identify members of the sales staff."

As customers come in to buy their products, they can quickly know the sales staff, and approach them to describe the type of. the product they came for and eventually buy the product if satisfied.

6 0

3 years ago