Based on his activities so far, Kim-Lee according to Wright's model of the U.S. class structure, belongs to the<u> Capitalist class. </u>
<h3>What is Wright's model of the U.S. class structure?</h3>
Erik Wright identified four social classes in the United States which are the Capitalists, the Petty Bourgeoise, the Managers, and the Workers.
Kim-Lee is a capitalist because these are the people who own companies and are very wealthy.
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Answer:
Annual depreciation= $16,020
Explanation:
Giving the following information:
Purchase price= $174,500
Salvage value= $14,300
Useful life= 10 years
T<u>o calculate the depreciable base, we need to use the following formula:</u>
<u></u>
Depreciable base= purchase price - salvage value
Depreciable base= 174,500 - 14,300
Depreciable base= $160,200
N<u>ow, we can determine the annual depreciation:</u>
Annual depreciation= depreciable base /estimated life (years)
Annual depreciation= 160,200 / 10
Annual depreciation= $16,020
The bank’s excess reserves are $6 million.
The required reserve ratio is 8%. It means that banks should keep 8% in their deposits as required reserves. The bank has a deposit of $50 million. It means it has to maintain only $4 million(50×0.08 )i.e 8% of 50 million, as a required reserve. Excess reserves are the reserve, over and above required reserves. If overall reserves are 10 million and required reserves are only 4 million then excess reserve =6 million (10 -4)
The reserve ratio is the portion of reservable liabilities that business banks must keep onto, rather than lend out or invest. this is a requirement decided with the aid of the country's primary bank, which in America is the Federal Reserve. it is also known as the cash reserve ratio.
A reserve assets ratio for a bank which units the minimal liquid reserves that a bank ought to hold in the event of a sudden boom in withdrawals. A high reserve property ratio may limit the lending that a bank is able to do – it must maintain better amounts of cash.
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Answer:
Mission.
Explanation:
Considering the stakeholders' perspectives is a significant step or approach to be adopted by business firms when developing a mission statement. It requires that you think about who is affected by your organization and how they might measure your success.
Generally, when the top executives or management are developing a mission statement, decisions, and goals, it is very essential and important that they ensure it is favourable to the stakeholders. Stakeholders can be defined as a group of people who have interest or shares in a business entity and are affected by the decisions of the company.
Hence, the stakeholders perspective needs to be considered at all times because they're part of the business and their actions can affect the success of the business.
Mission typically includes information on the customers served, why the company exists, what the company does, the value received by the customers, and the technology used.
<span>Proof beyond a reasonable doubt.</span>
The prosecutor bears the burden of proof and is required to
demonstrate the version of their events to this standard. The prosecutor will
be required to present evidence that shows beyond any reasonable doubt that the
defendant is guilty before they can get a conviction.