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mario62 [17]
4 years ago
10

In the United States the degree of individual income mobility (that is, the degree to which people move from higher to lower or

lower to higher income groupings) is___________.
a. rigid in both directions.
b. flexible in both directions.
c. flexible upward but rigid downward since high income perpetuates itself from generation to generation.
d. flexible downward but rigid upward since most low-income people never rise significantly above the poverty level.
Business
1 answer:
IgorLugansk [536]4 years ago
7 0

Answer:

The correct answer is letter "B": flexible in both directions.

Explanation:

The ability that an individual, family or group of people develop to improve or worsen their economic condition is called economic mobility. It is measured in income terms and particularly, in the U.S. is flexible in both directions since, according to studies, Americans have proved to be able to get better living conditions but some of them have gone from good economic situations to poverty.

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Jones Company issued $500,000 of 5%, 10-year bonds payable at a price of 92. The market interest rate on the date of issuance wa
Daniel [21]

Answer:

Date                     Account Title                                       Debit              Credit

XX-XX-XXXX       Interest expense                               $13,800

                            Discount on bond payable                                        $1,300

                            Cash                                                                           $12,500

Working      

The bonds were issued at a price of 92 which means they were issued at:

= 500,000 * 96/100

= $460,000

Interest expense

= Issue price * interest rate * 6/12 months

= 460,000 * 6% * 6/12

= $13,800

Cash:

= Bond price * coupon rate * 6/12

= 500,000 * 5% * 6/12

= $12,500

5 0
3 years ago
Large projects that involve purchasing land from many landowners may not succeed due to the expenses (attorney fees, bank fees,
Andrews [41]

Answer:

The correct option is A

Explanation:

Transaction costs are the costs or the expenses which is incurred or made when it involves buying as well as selling of good or a service. And in the terms of financial nature, it is that cost or expense which comprise of  the commission of broker, that is the differences among the dealer price paid for the security and the price which the buyer pays.

So, in this case, the large projects involve the land purchasing from landowners will not succeed because of expense like bank fees, attorney fees for negotiating the different deals. These fees examples are of transaction costs.

5 0
4 years ago
taggart inc. is considering a project that has the following cash flow data. what is the project's payback?
Kipish [7]

The project that taggart inc. is thinking about has the following cash flow information. the project's return on investment 1.30 years

The Scottish detective drama Taggart, which STV Studios produced for the ITV network, was the brainchild of Glenn Chandler. Numerous the episodes were written by Chandler as well. The miniseries "Killer" was first broadcast from September 6 to September 20, 1983, before being picked up for a full season that ran from 2 July 1985 to 7 November 2010. However, other locales in Greater Glasgow and other regions of Scotland were occasionally utilised. The detectives at the Strathclyde Police's Maryhill CID served as the center of the early storylines. The team worked in the fictitious John Street police station. Jim Taggart's on-screen counterpart, Mark McManus, died in 1994. But the same-named series continued indefinitely.

Learn more about Taggart here

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4 0
2 years ago
In a compensatory stock option plan for which the grant and exercise dates are different, the stock options outstanding account
NeTakaya

Answer:

The correct answer is D

Explanation:

The compensatory stock option is the option which is given or provided to the employee, providing the ability for purchasing the certain number of the shares of the company at the price which is the pre- determined one along with the pre- determined range of the date.

And the stock options which have the outstanding account that should be decreased or reduced at the date of exercise.

3 0
3 years ago
In 2013, how much money did Tesla raise via common stock offerings, net of fees and expenses?a) $515.6 millionb) $410.1 millionc
DaniilM [7]

Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

<h3>What was the finance for?</h3>

As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.

Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

Therefore, the Option B is correct.

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4 0
2 years ago
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