answer.
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
harkovskaia [24]
2 years ago
7

explain why the percentage of poeple with $300,000 or more increase so substantially across the age groups​

Business
1 answer:
Tpy6a [65]2 years ago
8 0

Because in <u>accumulation of wealth, older people have an advantage</u>.

Explanation:

Older people tend to have more money simply because:

<u>1. they have had longer careers and hence are expected to have better salaries with better positions</u>

<u>2. they have had more time to save up capital and invest.</u>

Every age group chronologically is more able to collect money in their working years. Young people starting their careers are less likely to be able to accumulate wealth to have a worth that much.

You might be interested in
Fatima is struggling in her job and is experiencing increased dissatisfaction. She related to you that her manager has been unfa
oee [108]

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is a psychological notion when an individual experiences thoughts and emotions that are not consistent (no matter the environment). In this example, it was expected from Fatima to quit her job (since she hated the manager). In spite of that, she continued to work. That caused the cognitive dissonance in her behavior, as she changed her attitude.

6 0
2 years ago
What concept involves breaking down the production of a product into a series of small, elementary tasks, each of which is perfo
GenaCL600 [577]

Answer:

work or job specialization

Explanation:

Work specialization is based on the division of labor, i.e. dividing the work activities into smaller separate tasks. Each worker is responsible for performing only one or a few separate tasks and by doing so will specialize in its performance. As he workers specialize in performing certain tasks, overall efficiency and total output should increase.

6 0
2 years ago
Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 24,000 shares authorized, 11,4
tankabanditka [31]

Explanation:

Data provided

Number of shares outstanding = 9,600

Cash dividend per share = $0.50

The Journal entry is shown below:-

Retained earning Dr,                            $4,800

       To Common dividends payable             $4,800

(Being dividend declaration is recorded)

Working note:-

Retained earning = Number of shares outstanding × Cash dividend per share

= 9,600 × $0.50

= $4,800

3 0
2 years ago
Starbucks has become a phenomenon worldwide, with more than 24,000 stores in more than 60 countries. Sales are great even at rel
gogolik [260]

Answer:

Explanation:

Starbucks has existed for quite long in the United States. Its name is generally synonymous with coffee. Its success in foreign but less developed and emerging markets may be attributed to perception, owing to advertisements and popularization. Advertisements made to potential consumers glamourize the products, making potential purchasers more. Popularization, on the other hand may be attributed to “showbiz”- celebrity synonymity with Starbucks’ products. A movie may feature celebrities taking a Frappuccino from Starbucks. Upon arrival in a new market, a celebrity’s fan is most likely to take a Frappuccino since celebrity so and so took it in a certain movie and declared it good. Another reason for success may be that the bourgeoisie individuals of an emerging market may take to Starbucks products in order to enjoy what their counterparts in developed markets have been enjoying and glamorizing.

8 0
2 years ago
Ryker Manufacturing, inc. provided the following information for the year: The inventory account balances as of January 1 are gi
Licemer1 [7]

Answer:

B. $304,060

Explanation:

We know that

Ending balance of finished goods inventory  = Beginning balance of  finished goods inventory + Cost of Goods manufactured - Cost of Goods Sold

=  $304,560 + $290,500 - $291,000

= $304,060

We simply applied the above formula to compute the ending balance of finished goods inventory by considering the beginning balance of finished goods inventory, cost of goods manufacture and cost of goods sold.

8 0
1 year ago
Other questions:
  • Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
    5·1 answer
  • The following information was taken from the accounting records of Gorky Corporation for the year ended December 31, Year 1: Cas
    6·1 answer
  • On January 1, Weatherholt Inc. issued $5,000,000, 9% bonds for $4,695,000. The market rate for these bonds is 10%. Interest is p
    13·1 answer
  • Bovindar, a wholesale distributor of gym equipment, organizes its salesforce based on the region it caters to. Therefore, the sa
    8·1 answer
  • Which of the following statements is correct?
    10·1 answer
  • Rachel lives and works on her father’s dairy farm as a large animal veterinarian. The farm does not employ any outside workers.
    13·1 answer
  • Compute the number of units available for sale in March. 1(b). Compute the number of units in ending inventory on March 31. 2. C
    7·2 answers
  • "I am extremely disappointed with the performance on our account over the last month. Lead volume has dropped, yet the total mon
    8·1 answer
  • If average annual income for all workers is $37,000 and a person with a bachelor’s degree can expect to earn 32 percent more tha
    14·1 answer
  • Explain why the credit industry wants you to believe that you need a credit score
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!