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8090 [49]
3 years ago
14

The American Community Survey (ACS) is an ongoing nationwide survey conducted by the United States Census Bureau. The ACS provid

es data on income levels classified by race, gender, educational attainment, employment status and housing characteristics, among other categories. This data is used by many organizations, both public and private, to allocate funds and assess the changing conditions in local communities. - for part-time workers than they are for According to the ACS, poverty rates in the United States are full-time workers. According to the ACS, poverty rates in the United States are for black individuals than they are for white individuals Suppose that the least expensive plan with which a family of four can provide itself a nutritionally balanced meal plan in 1963 is $932. Given this information, what is the poverty threshold in 1963 for a family of four? poverty threshold: $
Business
1 answer:
riadik2000 [5.3K]3 years ago
6 0

Answer:

<em>According to the ACS, poverty rates in the United States are</em><em><u> </u></em><em><u>higher </u></em><em>for part-time workers than they are for full-time workers. </em>

Full-time workers earn more money than part-time workers and the stability of their jobs allows them better chances at getting credit which further reduces their poverty rates as opposed to part-time workers.

<em>According to the ACS, poverty rates in the United States are </em><u><em>higher</em></u><em> for black individuals than they are for white individuals.</em>

Data shows that Black Americans suffer higher poverty rates than White Americans due to various sociodemographic factors chief amongst them, the decades of disenfranchisement imposed on them.

<em>Poverty threshold for a family of four in 1963: </em><em><u>$932.</u></em>

Poverty threshold is defined as the minimum amount that is adequate for living on by people in a certain country.

If the least expensive plan a family of four can use costs $932, then that is the poverty threshold.

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Sally is planning to sell her company and she prefers to obtain immediate liquidity, and the value of consideration to be fixed.
ella [17]

Answer: A cash sale

                                           

Explanation: In simple words, liquidity refers to the ability of an organisation to bear its short term expenses. For that a company must have cash or some assets that can be readily converted into cash in case of need.

Hence Sally should sell her company in cash sale as it will result in inflow of cash which will create liquidity and also the consideration will be certain with short timely payments.

Other option such as IPO or  stock for stock might result in increase in value but certainly won't give her liquidity.  

6 0
3 years ago
The following data relate to the Torrence Company for May and August:
Zinaida [17]

Answer:

Total cost= $1,193,000

Explanation:

Giving the following information:

May August

Maintenance hours 25,000 29,000

Maintenance cost $1,175,000 $1,247,000

<u>First, we need to calculate the variable and fixed costs using the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (1,247,000 - 1,175,000) / (29,000 - 25,000)

Variable cost per unit= $18

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 1,247,000 - (18*29,000)

Fixed costs= $725,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,175,000 - (18*25,000)

Fixed costs= $725,000

<u>Now, the total cost for 26,000 hours:</u>

Total cost= 725,000 + 18*26,000

Total cost= $1,193,000

7 0
3 years ago
im was a crook. He embezzled $450,000 from his employer. When his employer found out about his misdeeds, before even conducting
Masja [62]

Answer:

Unless the company is 100% certain that it can prove Jim's misdeeds and has all the evidence to support their accusation, they should have waited for the police to act first before going to the newspaper. If their is the minimum chance that they cannot prove their accusations, Jim might be able to sue them for libel.

5 0
3 years ago
Epsilon Co. can produce a unit of product for the following costs:Direct material $7.70Direct labor 23.70Overhead 38.50Total cos
Lesechka [4]

Answer:

Make since the relevant cost to make it is $58.35

Explanation:

\left[\begin{array}{cccc}&$produce&$buy&$Differential\\$Purchase&-&-62.35&-62.35\\$Manufacturing Cost&-58.35&-&58.35\\$Allocate Cost&-11.55&-11.55&-\\$Total Cost&-69.9&-73.9&-4\\\end{array}\right]

<u></u>

<u>The manufacturing cost will be:</u>

direct material 7.70

direct labor    23.70

Overhead 38.5 x 70% = 26.95

Total manufacturing cost 58.35

Allocated cost 11.55

The purchase cost is higher than our manufacturing cost of 58.35

It is better to make the unit.

The purchase option generates a differential loss for $4

7 0
4 years ago
Which of the following is NOT included when calculating gross income?
jekas [21]

Financial incomes other than scholarships can be included in the calculation of gross income.

<u>Explanation: </u>

The gross revenue, cost of sold goods marks the gross income for a business which is also known as gross margin. It does not include all the other costs in running the business.

For an individual, gross income is the total financial income that he/she receives before paying tax or other deductions is known as gross income or gross pay. It not only includes wages and salary but also the other incomes namely alimony, pension, tips, rental income, investment income, capital gains and dividends.

7 0
3 years ago
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