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4 years ago

Social mobility in the u.s. does not depend on where one starts in the class system anthropolgy

1 answer:

6 0

The statement above is TRUE.
Social mobility refers to the movement of individuals or families within or between social strata in a particular society. It means a change in social status relative to one's present location with a given society. Social mobility in US does not depend on where one start in the class system; one can come from the lowest class strata and become one of the richest individual and an individual from a very rich family can also end up as a p.auper. A lot of factors come to play in these situations.

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Most new workers in the labor force are men true or false?

Aliun [14]

False, now that women can get a job, many new workers are women.

7 0

3 years ago

On January 22, Zentric Corporation issued for cash 342,000 shares of no-par common stock at $20. On February 14, Zentric issued

Iteru [2.4K]

Answer:

Journal Entries

January 22

Dr. Cash $6,840,000

Cr. Common stock $6,840,000

February 14

Dr. Cash $720,000

Cr. Preferred stock $720,000

August 30

Dr. Cash $2,635,000

Cr. Preferred stock $2,480,000

Cr. Paid in capital excess of par-Preferred stock $155,000

Explanation:

January 22

Common Stock = Numbers of shares issued x Issue price per share

Common Stock = 342,000 shares x $20

Common Stock = $6,840,000

February 14

Preferred stock = Numbers of preferred shares x Price per preferred share

Preferred stock = 9,000 shares x $80 per share

Preferred stock = $720,000

August 30

Cash Received = Numbers of shares x issuance price = 31,000 x $85 = $2,635,000

Cash Received = Numbers of shares x par value = 31,000 x $80 = $2,480,000

Paid in capital excess of par = $2,635,000 - $2,480,000 = $155,000

7 0

3 years ago

1) You are indecisive about which stock to buy Microsoft, which is selling for $173 a share; or Apple, which is selling for $285

almond37 [142]

Answer:

I would buy the APPLE stock

Explanation:

Microsoft stock price = $173

dividends earned = $4, $5 and $5.5

value after 3 years = $190

Apple stock price = $285

Dividends earned = $5.5, $8.5 and $10.5

value after 3 years = $330

Applying the dividend discount model

IVO = present value of dividend + present value of terminal price

for Microsoft

IVO = ( 4/1.1 + (5/(1.1/2)) + ( 5.5/(1.1/3)) + ( 190/(1.1/3))

= $154.65

for Apple

IVO = ( 5.5/1.1 + ( 8.5/( 1.1/2)) + (10.5/(1.1/3)) + ( 330/(1.1/3))

= $267.8

Note: the IVO's are less than the current price of the stocks ( IVO = the intrinsic value of the shares ) but Microsoft shares are overpriced compared to apple

5 0

3 years ago

Read 2 more answers

A manufacturing company has a beginning finished goods inventory of $16,500, raw material purchases of $19,900, cost of goods ma

egoroff_w [7]

Answer:

Cost of goods sold=$33,100

Explanation:

Given data:

Beginning finished goods inventory=$16,500

Raw material purchases=$19,900

Cost of goods manufactured=$36,300

Ending finished goods inventory=$19,700

Required:

Cost of goods sold for this company=?

Solution:

Cost of goods sold= Beginning Inventory+Cost of f goods manufactured- Ending Inventory

Cost of goods sold=$16,500+$36,300-$19,700

Cost of goods sold=$33,100

8 0

3 years ago

As use of the Internet took off, car manufacturers were tempted to sell directly to consumers, but decided instead to continue t

Nat2105 [25]

Answer:

The correct answer is letter "C": B2B; B2C.

Explanation:

A Business-to-Business (B2B) approach implies companies dealing between them. Goods are provided from manufacturers to retailers for the commercialization of the product. The Business-to-Customers (B2C) approach, instead, takes place when companies directly offer the product to the final user involving an investment of the firm in customer service.

7 0

3 years ago