The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
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<u>Calculation of the budgeted indirect cost rate:</u>
It is given that budgeted total costs of the firm total $4,000,000 of which $2,500,000 is direct-labor costs. Hence Total Indirect Cost is ($4,000,000-$2,500,000) = $1,500,000
It is also given that direct-labor cost is the allocation base. Hence the allocation rate shall be calculated as follows:
Budgeted indirect cost rate = Total Indirect Cost / Total direct-labor costs
= 1,500,000 / 2,500,000
= 0.6
=60%
Hence the budgeted indirect cost rate is<u> 60% of Direct labor cost. </u>
<u>Answer:</u> In regard to service quality, this is a function of reliability
<u>Explanation:</u>
Service quality is the expectations of the consumer when compared to other providers and it is based on the performance of the company. Service provider is rated with high quality of service when the customer needs are met and the service is economically valuable when compared to the competitors.
Reliability means the capability of the service provider to give timely and quality service. Reliability is also where the service provided is of high quality and same during all the times.
Answer:
More than $500,000.
Explanation:
In the case when the coupon rate is more than the market interest rate so the bond would be on premium
And, if the coupon rate is less than the market interest rate so the bond would be on discount
And if both are equal so it should be in par
Now in the given case, since the rate of interest is 7% and the market rate of interest is 6% so it would be on premium
That means the bond price would sell at more than $500,000