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3 years ago

The social strata evident in a society is primarily derived from__________.a. government policy.

Business

1 answer:

damaskus [11]3 years ago

6 0

Answer:

The correct answer is the option B: socioeconomic characteristics.

Explanation:

To begin with, the concept of social stratification refers to the society's organization of its people into groups according to particular characteristics regarding socioeconomic factors like wealth, income, race, education, derived power and more. Furthermore, the categorization of people by social strata occurs most in complex state-based society that categorize the individuals of their communities in groups according with socioeconomic differences and therefore that nowadays in the Western societies, social stratification is normally defined by three main social classes: the upper class, the middle class and the lower class.

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Buzz’s Florida Division is currently purchasing a part from an outside supplier. The company's Georgia Division, which has exces

Kobotan [32]

Answer:

Georgia will establish a transfer price of $18, that is, $22 - $4 = $18.

Explanation:

Since the company has excess capacity, the transfer price should be variable cost. Georgia has a plan to reduce variable cost on internal transfers by $4. Thus, the appropriate transfer price is $22 - $4 = $18.

3 0

3 years ago

Although china has a strong appreciation for tradition and its rich history of culture, it highly values enduring relationships

HACTEHA [7]

The answer is: d. long-term orientation

"Guanxi" means "connection" or "networking" and is a long business tradition in the Chinese culture. It involves trust. Because personal and mutual trust is built in time, this demonstrates that China has a long-term orientation.

3 0

4 years ago

Read 2 more answers

Waste includes any misuse of resources, such as the overuse of services or other practices that directly or indirectly result in

tekilochka [14]

Answer:

True

Explanation:

5 0

3 years ago

On March 1, 20Y8, Eric Keene and Renee Wallace form a partnership. Keene agrees to invest $21,060 in cash and merchandise invent

tester [92]

Answer:

Explanation:

a. The journal entries are shown below:

Cash $21,060

Merchandise inventory $56,290

To Eric Keene's Capital $77,350

(To record investment made)

Accounts receivable $17,770

Equipment $54,190

Cash (Liabilities - Assets) $40,820

To Allowance for doubtful accounts $1,950

To Accounts payable $14,910

To Notes payable (current) $35,970

To Reene Wallace's capital $59,950

(Being capital contribution by Reene wallace is recorded)

KEENE AND WALLACE

Balance Sheet

March 1, 20Y8

Assets

Current Assets

Cash (21,060 + 40,820) $61,880

Accounts Receivable Less Allowance $15,820

Merchandise inventory $56,290

Total current assets $133,990

Property, plant and Equipment

Equipment $54,190 54,190

Total Assets $188,180

Liabilities

Current Liabilities

Accounts Payable $14,910

Notes Payable $35,970

Total liabilities $50,880

Partner's Equity

Eric Keene's capital $77,350

Renee Wallace's capital $59,950

Total partner's equity $137,300

Total liabilities and partner's equity $188,180

7 0

3 years ago

Excerpts from Huckabee Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receiv

ICE Princess25 [194]

Answer:

The Huckabee's 2018 average collection period (rounded) is 5 times

Explanation:

To find out the average collection period for Huckabee's 2018, we have to use the formula of the average collection period which is presented below:

Average collection period = Net credit sales ÷ Average accounts receivable

where,

Net credit sale is $400,000

And, the average accounts receivable is calculated by applying the equation which is shown below:

= (2017 accounts receivable + 2018 accounts receivable) ÷ 2

= ( $72,000 + $80,000 ) ÷ 2

= $76,000

Now apply the above values to the formula

So, the answer would be equal to

= $400,000 ÷ $76,000

= 5.26 times

The other things like opening balance of merchandise inventory and cost of goods and the ending balance of merchandise inventory and cost of goods is irrelevant. Thus, it is not to be considered.

Hence, Huckabee's 2018 average collection period (rounded) is 5 times

5 0

3 years ago