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alekssr [168]
3 years ago
12

The study by economists Cox and Alm found that the 2006 pre-tax income of the richest fifth of U.S. households is a. 5 times the

pre-tax income of the poorest fifth. b. 10 times the pre-tax income of the poorest fifth. c. 15 times the pre-tax income of the poorest fifth. d. 20 times the pre-tax income of the poorest fifth.
Business
1 answer:
umka2103 [35]3 years ago
6 0
I honest have know idea what I’m doing
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All of the following are material resources for Toyota Motor Company except a. money. b. paint. c. steel. d. tires. e. factory.
Elodia [21]

Answer:

correct option is a. money

Explanation:

solution

we know that Toyota Motor Corporation is a Japanese automotive manufacturer company

so they material resource are paint and steel and tire and factory etc

but not money because money is a financial resource not a material resource

and all resource is depend on money

so here correct option is a. money

5 0
3 years ago
Read 2 more answers
You are paying an effective annual rate of 18.974 percent on your credit card. The interest is compounded monthly. What is the a
Kipish [7]

Answer:

17.5%

Explanation:

Effective annual rate is a yearly rate of return which includes the compounding effect. APR is the simple rate of return which is being paid on the principal amount that is being invested.

Formula for Effective Interest rate

EAR = ( 1 + APR/n )^n -1

0.18974 = ( 1 + APR/12 )^12 -1

0.18974 + 1 = ( 1 + APR/12 )^12

1.18974 = ( 1 + APR/12 )^12

(1.18974)1/12 = (( 1 + APR/12 )^12 )1/12

1.0146 = 1 + APR/12

1.0146 - 1 = APR / 12

0.0146 = APR / 12

APR = 0.0146 x 12

APR = 0.175 = 17.5%

3 0
3 years ago
Which of the following is NOT an example of economic GOODS?
trasher [3.6K]

Answer:

I nk first one d,.............

3 0
3 years ago
Tasty Subs acquired a delivery truck on October 1, 2018, for $19,500. The company estimates a residual value of $2,100 and a six
dem82 [27]

Answer:

The question is calculating the depreciation expense using straight-line method for 2018 and 2019?

Depreciation expenses for 2018: $725;

Depreciation expenses for 2019: $2,900.

Explanation:

We have yearly depreciation expenses is calculated as:

Yearly Depreciation expense = (Original cost - Salvage value) / Useful life = (19,500 - 2,100) /6 = $2,900.

For 2019, depreciation expense is recorded for the full-year at $2,900.

For 2018, depreciation expense is recorded for only three months ( as delivery truck was bought on Oct 1st 2018), which is calculated as: Yearly Depreciation expense / 12 * 3 = $725.

So, the answer is:

Depreciation expenses for 2018: $725;

Depreciation expenses for 2019: $2,900.

3 0
3 years ago
Which of the following statements is FALSE?A. A stock split is an increase in a firm's shares outstanding without any change in
Stolb23 [73]

Answer:

The false statement is letter "C": A stock buyback refers to the purchase of the firm's shares of stock by the firm's debt holders.

Explanation:

A stock buyback refers to <em>publicly traded companies buying back their shares from shareholders</em> -not debt holders as in option "C". This reduces the number of outstanding shares in the market and typically in simple market dynamics raises the stock price. Companies fund their buybacks with excess cash. since they do not find any other better destination for that money.

8 0
3 years ago
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