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.
Answer:new; unique
Explanation:
Pioneering new entry is when a firm brings a new product into the market which in turn, changes the way in which businesses will be conducted.
In situations whereby the product is unique, then the pioneering firm may end up having little direct competition. Pioneering new entry is somehow risky as the product or service may not be accepted.
Answer:
A) deduction from net income of $24,000 and a $222,000 cash inflow from investing activities
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
When an asset is sold, the gain on disposals is a non cash items that will be deducted (or added where a loss was made on disposal) to the net income. The amount received from the disposal is recognized as an inflow in the investing section of the cash flow statement.
The gain/(loss) from disposal
= $222,000 - ($426,000 - $228,000)
= $24,000
Answer:
<u>comparing their options without having to physically visit several retail stores.</u>
Explanation:
Cross-channel shoppers are consumers that research products online but then they buy them personally from a brick-and-mortar retail store. According to some researches, in the US, up to 51% of online consumer are cross-channel shoppers. The main reason for this is because they don't want to wait for the products to be delivered to them.
Answer:
Poe's Year 2 Basic Earnings per share = $0.9
Explanation:
Provided Year 2 Net income = $330,000
Cash dividend paid to preference shares = $60,000
Net earnings available for equity = $330,000 - $60,000 = $270,000
Now outstanding common equity = 300,000 shares
Earnings per share = $270,000/300,000 = $0.9 per share
Note: Dividend paid to common stock is also earnings of common stock, that is dividend is part of common stock.
Therefore dividend paid to common stock will not be deducted and preference shares are paid in priority to equity, therefore dividend to preference is deducted to get the value of earnings available for equity.
Final Answer
Poe's Year 2 Basic Earnings per share = $0.9
