1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AnnZ [28]
3 years ago
14

The impact of Inequality on businesses​

Business
1 answer:
ivanzaharov [21]3 years ago
3 0

Answer: Plainly put, extreme income inequality, such as the kind found in Sub-Saharan Africa and South Asia, cause economic inefficiency. The relatively wealthy tend to save a much higher proportion of their income than the poor. In order to grow economically, a society must have robust rates of consumption. However, if most of the wealth of a country is owned by a very small percentage of its population, that wealth is saved, not spent. These savings are then invested by individuals and financial institutions.

Explanation:

You might be interested in
A registered representative sells 1,000 shares of ABC for a customer at $30 per share, the current market price, with instructio
den301095 [7]

Answer:

is right and the registered representative must reimburse the total proceeds from the transaction.

Explanation:

The customer's 1,000 shares "multiplied" to 1,500 shares since ABC split its stock. For every 2 ABC stocks, the stockholders received 3, and the customer should receive (1,000 / 2) x 3 = 1,500. The total value of the customer's stock didn't change since each stock instead of selling at $30, is now worth $20. The problem is that the RR paid the customer only for the original 1,000 stocks, not the 1,500.

4 0
2 years ago
Salah’s net income for the year ended December 31, Year 2 was $191,000. Information from Salah’s comparative balance sheets is g
krok68 [10]

Answer:

Cash Dividends - Year 2 =  $84400

Explanation:

The net income of the business is usually appropriated or used for two purposes at the end of the year. It is either used to pay dividends or is retained in the business and is added to the retained earnings or both.

Thus, to calculate the dividends paid by the business in a particular year, we can calculate the change in retained earnings and deduct it from the net income.

Change in retained earnings = Ending balance of retained earnings - Beginning balance of retained earnings

Change in retained earnings = 694000 - 587400

Change in retained earnings = $106600

Thus, out of the net income of $191000, $106600 were transferred to retained earnings. So, the amount of dividends paid for the year is,

Cash Dividends - Year 2 = 191000 - 106600  = $84400

7 0
3 years ago
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth
user100 [1]

Answer:

The  current share price is $71.05

Explanation:

P3 = D3(1 + g)/(R – g)

    = D0[(1 + g1)^3](1 + g2)/(R – g)

    = [$1.45*(1.20)^3(1.08)]/(0.11 – 0.08)  

    = $90.20

The price of the stock today is the PV of the first three dividends, plus the PV of the Year 3 stock price given by:  

P0 = $1.45(1.20)/1.11 + $1.45[(1.20)^2]/1.112 + $1.45[(1.20)^3]/1.113 + $90.20/1.113

    = 1.568 + 1.695 + 1.832 + 65.958

    = $71.05

Therefore, The  current share price is $71.05

7 0
3 years ago
One of the claims of ______ is that prejudice stems from people's desire to maintain dominance and social hierarchies.
wariber [46]
A) face negotiation theory
6 0
3 years ago
What type of MSD causes inflammation of the tendons that conmect bones to muscle?
alukav5142 [94]
 Watch where you post, because this is not business!

Tendinitis leads to the inflammation of tendons, it's painful and not exactly fun!
6 0
3 years ago
Other questions:
  • On October 1, 2021, a company sells $800 of gift cards to customers. The gift cards expire one year from the date of sale. By Oc
    10·1 answer
  • Recent financial statements of General Mills, Inc. report net sales of $12,442,000,000. Accounts receivable are $912,000,000 at
    8·1 answer
  • Keyser Materials has 8 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and curr
    5·1 answer
  • When Hurricane Katrina shut down many oil refineries, the supply curve for oil
    12·2 answers
  • On July 10, Boogie Footware agrees to a contract to sell 800 pair of flapper shoes for $16,000 to Twenties, Inc. On September 1,
    7·1 answer
  • Explain two reasons why accurate market research information is important
    14·1 answer
  • The Fama-French 3 factor model contains... Group of answer choices market, momentum, and liquidity risk factors none of the answ
    13·1 answer
  • The following data were gathered to use in reconciling the bank account of Photo Op. Company: Balance per bank $ 14,400 Balance
    12·1 answer
  • Windsor Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $145,600 Allowance f
    12·1 answer
  • The regional Federal Reserve Banks A. regulate banks in their regions. B. are not allowed to make loans to banks in their region
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!