According to the functionalist theory, stratification is essential and unavoidable because it is required to persuade those who possess the requisite knowledge and abilities to choose jobs that are crucial to society.
According to the conflict theory, society is a dynamic system that is always undergoing change as a result of struggle for limited resources.
Max Weber, a German sociologist, devised the three-component theory of stratification, also referred to as Weberian stratification or the three class system, which used class, position, and party as different ideal types.
What is the pariah group? Meaning of Max Weber
19 (3): 313–318 History and Theory (1980) Abstract. In the scientific study of Judaism, the term "pariah" was first used by Max Weber, who described it as the voluntary separation of a people's religion and morals from their host society.
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Answer: B. Operating income will increase by $ 45,000
Explanation:
Total fixed cost = $833,000
Sale price per unit = 60
Variable cost per unit = 30
Advertising = $30,000
Increase in sales volume = 2500
The contribution margin is the difference between the sales price per unit and the variable cost per unit.
= 60 - 30
= 30
Therefore, Hence the increase in the contribution margin will be:
= ($30 × 2500)=$75000
We then subtract the additional cost of $30,000 from $75,000. This will be:
= $75,000 - $30,000
= $45,000
Therefore, operating income will increase by $45,000
Answer:
D) $165,000
Explanation:
Partner Capital Balance Income Share
Nunes $250,000 20%
Orta $180,000 30%
Paulo $150,000 50%
Totals $580,000 100%
Orta's balance - capital balance = $180,000 - $159,000 = $21,000 which will increase the partnership's total capital balance
partnership's capital balance = $421,000
the extra $21,000 will be divided according to each remaining partner's income distribution:
- Paulo = (50%/70%) x $21,000 = $15,000
- Nunes = (20%/70%) x $21,000 = $6,000
Paulo's capital balance = $150,000 + $15,000 = $165,000
Answer: leverage ratio
Explanation: In simple words, leverage ratio refers to the those financial ratios that evaluates hope much of total capital of the firm comes in the firm of debt from outside and how capable a company is to meet its financial obligation both long term and short term.
Leverage ratios are very important from investors perspective as they depict the position of capital structure of a firm. If a leverage ratio is too high it means the company has too much debt , thus, high fixed obligation which is dangerous.
However, lower leverage ratios means company is using too much equity which means high cost of capital. Generally, gargle ratios are compared with industry averages.
