Marx would maintain that Sally has experienced <u>false class consciousness</u>.
<u>Explanation</u>:
False class consciousness is the term used to describe the behavior of the employees who identify themselves as investors by mistake when they own few shares of stock or work as managers in large corporations. This term false class consciousness was used by famous sociologist Karl Marx.
In the above scenario, Sally was working for Ellis Corporation as a computer programmer. But she thinks herself as a stockholder as she holds few shares of Ellis stock and had $15,000 in her savings account.
<u>Solution and Explanation:</u>
The budgeted cost of the direct labor for the month is calcuated as follows:
the given data:
Budgeted production is = 8000 units, time required of direct labor work in order to complete the production is = 40 minutes, the direct labor rate as given in the question is = $100 per hour.
Budgeted cost = time multply with rate of labor multiply with budgeted production
(40/60 multiply with 100) multiply with 8000 = 533,333.33
therefore, the budgeted cost = $533333.33 ( rounded of to 2 places).
Answer:
a. The value of shareholder's equity account for this firm is $16,600.
b. The net working capital for Wims Inc. is $1,500.
a. We start off by looking at the Accounting Identity:
Since
and
We can rewrite this accounting identity as follows:
----- (1)
Plugging in the values from the question in (1) above we get,
b. The formula for Net Working Capital is:
Answer:
Explanation:
Residual income=Net operating income-(Average operating assets*minimum required rate)
=$112300-(760,000*10%)=$36,300
ROI=Net operating income/Average operating assets
=(112300/760,000)=14.78%
ROI was greater than 10%
Over the past century, real GDP per person in u. s. has grown about <u>2</u> percent per year, which means it doubles about every <u>35</u> years.
GDP measures the monetary value of final goods and services—that is, the ones that might be sold with the aid of the final consumer—produced in a country in a given time frame (say 1 / 4 or 12 months). It counts all the output generated inside the borders of a country.
Gross home product is the economic degree of the marketplace price of all the final items and services produced in a selected term by using nations. because of its complicated and subjective nature, this degree is regularly revised before being taken into consideration as a dependable indicator.
GDP may be calculated by using adding up all of the cash spent by using purchasers, businesses, and the authorities in a given length. it could additionally be calculated by including up all of the money obtained by way of all the contributors inside the financial system. In either case, the range is an estimate of "nominal GDP."
Learn more about GDP here brainly.com/question/8342414
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