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Delvig [45]
3 years ago
6

Adam and Bob are identical twins who attended grammar school through high school together. Adam got a job after high school, and

Bob got a job after graduating from college. Adam earns $36,000 a year, and Bob earns $69,000 a year. Select the best explanation for this wage difference.a. Adam has less human capital than Bob.b. Bob has less human capital than Adam.c. Adam has received a compensating differentiald. Adam is a member of a union.
Business
1 answer:
Alexxandr [17]3 years ago
7 0

Answer: Option A

                                         

Explanation: In simple words, human capital refers to the economic value of an individual employee to the organisation in which he or she works as based on the skill sets and experience that he she possess.

    The economic value can be created using various tools like education, training, good health or loyalty etc. Human capital is considered as an intangible asset but is not recorded in the balance sheet of the company as it cannot be quantified.

However, it is considered as the most important asset because the effective use of other resources depends on the human capital of an organisation.

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The correct answer to this open question is the following.

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jeka57 [31]

Answer:

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Payment of dividend to preferred stock holders is fixed because preferred stocks are fixed income securities. Dividend in this case does not depend on the financial fortune of a company. In case of cummulative preferred stocks, arrears of dividend in a given year can be carried forward to another year.

Franklin Inc is under a legal obligation to pay interest to debenture holders because the company is under bond to pay principal and interest as and when due. Bonds are also fixed income securities in which interest is fixed regardless of whether the company makes profit or not.

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In the first case, explanations were made on the obligation of the company to pay dividend or interest.

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