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malfutka [58]
3 years ago
6

Violette is the CEO of Lafarge Advertising, based in Paris. Many distinctions exist between the different classes of people in h

er society. Most of the top managers in her organization, for example, come from the upper classes. This implies that French society has a high degree of
Business
1 answer:
wariber [46]3 years ago
7 0

Answer:

social stratification

Explanation:

Social stratification is the way by which communities classify their citizens into socioeconomic tiers. These classifications are as a result of race, education, power, wealth, and education.

People that are at the top of the strata have more resources at their disposal and are fewer in number.

Those with less resources are at the bottom and are many.

In the give scenario many distinctions exist between the different classes of people in the society, and most of the top managers in her organization come from the upper classes.

This is an example of social stratification

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Chang industries has bonds outstanding with a par value of $200,000 and a carrying value of $203,000. If the company calls these
Fynjy0 [20]

If the company calls these bonds at a price of $201,000, the gain or loss on the retirement would be $2,000.

Here,  $203,000 is the net carrying value of the liability - $201,000 is the price the bonds were called at and the price that Chang industries paid to retire the bonds and the associated liability.

Therefore,   $203,000 - $201,000 =  $2,000

The gain or loss on the retirement would be $2,000.

A bond retirement occurs when an organization repurchases bonds that it had previously issued to investors. Thus, the issuer retires the bonds at the scheduled maturity date of the instruments.

Hence, bond retirement involves the cashing out of a bond that has been invested in.

To learn more about bond retirement here:

brainly.com/question/13960495

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4 0
2 years ago
Factory Overhead Costs During August, Jernigan Company incurred factory overhead costs as follows: indirect materials, $3,040; i
liq [111]

Answer:

Dr Factory Overhead 15,030

Cr Materials 3,040

Cr Wages Payable 5,340

Cr Utilities Payable 1,490

Cr Accumulated Depreciation—Factory 5,160

Explanation:

Preparation of Journal entry to record the factory overhead incurred during August.

Dr Factory Overhead 15,030

(3,040+5,340+1,490+5,160)

Cr Materials 3,040

Cr Wages Payable 5,340

Cr Utilities Payable 1,490

Cr Accumulated Depreciation—Factory 5,160

3 0
3 years ago
The fed increases the quantity of money. in the short run, the quantity of money demanded ______ and the nominal interest rate _
Nimfa-mama [501]

The quantity of money demanded <u>increases</u> and the nominal interest rate <u>falls.</u>

In the short run, if the Fed(Federal Reserve) increases the quantity of money, the quantity of money demanded will increase and the nominal interest rate falls.  

The quantity of the money supplied and the nominal interest rates has an inverse relation. That is, when there is a huge supply of money in a short-term, it will cause an increase in the nominal interest rate.

The nominal interest rate refers to the interest rate before adjusting to inflation or price-hike. It balances the supply and demand of money.

So when there is an increase in the supply of money ,there will be the resulting increase in the demand of money too. The total money that the population wants to hold is referred as the money demanded.

Learn more about Fed( US Federal Reserve) at brainly.com/question/25843620

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8 0
2 years ago
Cedar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales
Gre4nikov [31]

Answer:

$47,000

Explanation:

Cedar Grove Industries CVP Income Statement for Month Ending May, 2017

Total Per Unit

Sales ($49×7,600) $372,400 49

Less Variable Cost

($28×7,300) $204,400 28

Contribution Margin $168,000 21

Less Fixed Cost$121,000

Net Income (loss)$47,000

5 0
3 years ago
Ratios that measure the income or operating success of a company for a given period of time are.
RideAnS [48]
A solvency ratio. It measures the income or operates success of an enterprise for a given period of time.
8 0
2 years ago
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