1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
a_sh-v [17]
3 years ago
7

Matt observes that "there is a high correlation between educational attainment and the level of income." Jean concurs and adds t

hat "high school graduates should all proceed to college":_________.a. Both Matt's and Jean's statements are normative b. Matt's statement is normative while Jean's statement is positive c. Both Matt's and Jean's statements are positive d. Matt's statement is positive while Jean's statement is normative
Business
1 answer:
lianna [129]3 years ago
7 0

Answer:

d. Matt's statement is positive while Jean's statement is normative

Explanation:

A positive statement can be defined as any statement that is typically based on empirical evidence and as such can be tested, proven and verified. Also, a positive statement can be amended or rejected based on evidences that are available.

On the other hand, a normative statement can be defined as any statement that can't be tested, proven or verified because it is judgmental and based on opinions.

In this scenario, Matt observes that "there is a high correlation between educational attainment and the level of income." Jean concurs and adds that "high school graduates should all proceed to college"

Hence, Matt's statement is positive because it is an observation based on empirical evidence while Jean's statement is normative because it's simply his opinion or a value judgment.

You might be interested in
U.S. appliance manufacturers find that different customs about shopping must be used to determine product design. For instance,
kvv77 [185]

Answer:

U.S. appliance manufacturers would be more likely successful if they used a <u>Transnational</u> marketing strategy

Explanation:

Transnational marketing strategy is a more personalized approach to selling and marketing with target customers need, shopping preferences and specifications put into consideration in the designing of the goods and services.

This strategy applies to the U.S. appliance manufacturers selling to different countries.

Therefore, people in Northern Europe who shop only once a week will be presented with bigger refrigerators while Southern Europeans who shop daily can opt for smaller ones.

7 0
3 years ago
Prepare the journal entry to record the accrual of interest and the premium amortization on December 31, 2022. (Credit account t
vesna_86 [32]

The journal entry to record the accrual of interest includes:

  • Dr. Interest Expense $5,000
  • Cr. Interest Payable $5,000

<h3>What is an accrual of interest?</h3>

This mean the interest which has been incurred for specific date on a loan but has not yet been paid out.

Here, the Accrued interest expense on 12/31/15 is paid on 1/1/16.

Based on the calculation, the  journal entry to record the accrual of interest includes a Debit to Interest Expense for $5,000 and a Credit to Interest Payable for $5,000.

Missing words "On January 1, 2015, Candlestick, Inc. issues $100,000, five-year, 10% bonds at 100 (100% of face value). Assume that interest is payable semiannually on January 1 and July 1."

Read more about accrual of interest

<em>brainly.com/question/1542335</em>

#SPJ1

8 0
2 years ago
IE 9-3 ... AS/AD Model – Suppose this economy was momentarily at Full Employment, but has now experienced a continuation of the
11111nata11111 [884]

Suppose this economy was momentarily at Full Employment, but has now experienced a continuation of the RIGHT shifting AD caused by increased "G" spending . If the Price Level increases to $2.34, then Real Production GDP will have increased to $5200 b and 2 million people will have gained jobs. In the Business Cycle the economy will have moved from Point "x" toward Point y.

Explanation:

The AD-AS model (Aggregate production aggregate) demonstrates national income calculation and price level adjustments.

This shows how various events will change in two of our major macroeconomic indicators: Actual GDP and inflation.

  • Label all equilibrium in the axis, the interior
  • The positioning of LRAS provides important economic information, for example, if the efficiency of balance is on the left side of the LRAS, the economy is in recession.
4 0
3 years ago
At the end of the prior year, Doubtful Inc. had a deferred tax asset of $18,500,000 attributable to its only timing difference,
iren [92.7K]

Answer:

Journal entries to record Doubtful's income tax expense for the current year.

No   Account titles and Explanation             Debit'$    Credit'$

1       Income tax expense                             8,945,000

                  Deferred tax asset                                     3,800,000

                  [(42,000,000*35%) - 18,500,000]

                   Income taxes payable                               5,145,000

                   [(14,700,000*35%)]

         (To record tax expenses)

2        Income tax expense                            1,270,000

                 Valuation allowance - deferred tax asset  1,270,000

                   (3,730,000 - 5,000,000

          (To record valuation allowance)

7 0
3 years ago
Acoma Co. has identified one of its cost pools to be quality control and has assigned $140,400 to that pool. Number of inspectio
katrin2010 [14]

Answer:

Acoma Co.

                                                    Product 1     Product 2

Quality control cost assigned     $58,968        $81,432

Explanation:

a) Data and Calculations:

Cost of quality control = $140,400

Number of annual inspections = 30,000

Cost per inspection = $4.68 ($140,400/30,000)

                                                    Product 1     Product 2     Total

Number of inspections                 12,600          17,400     30,000

Proportion of inspections               42%               58%         100%

Quality control cost assigned   $58,968        $81,432   $140,400

                                   ($4.68 * 12,600)        ($4.68 * 17,400)

                                  (42% * $140,400)       (52% * $140,400)

5 0
3 years ago
Other questions:
  • George runs an outlet where he sells personalized t-shirts. he spends $35 to rent the printing machine and $25 for phone service
    6·1 answer
  • Why teach for america teachers perform better than other teachers
    5·1 answer
  • Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium pr
    8·2 answers
  • Yvette is a customer of Apexon Bank, which is a member of the FDIC. She currently has a checking account that has $17,371 and a
    7·1 answer
  • In many instances the New Deal reinforced segregation and disappointed blacks who had voted for broad changes to the nation’s ra
    15·1 answer
  • The principle of diversification tells us that:
    5·1 answer
  • Bright Slope Corp. has provided the following information:Balance SheetCash $ 10,000 Accounts Payable $ 5,000Marketable Securiti
    14·1 answer
  • XYZ produces a single product and has provided the following data for its most recent month of operations:
    13·1 answer
  • 2018
    10·1 answer
  • Suppose that you purchase a 182-day Treasury bill for $9,850 that is worth $10,000 when it matures. The security's annualized yi
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!