Imagine two cities, Engelgrad andLegreeville, where the rich, middle, and poor income recipients inone city have annual incomes identical to their counterparts'incomes in the other city. In Engelgrad, the poorest families oneyear almost always end up as the richest families the next year andbecome middle-income families the year after that. In Legreeville, however, the poor remain poor and the rich remain rich. Which ofthe following is true about the two cities?
A. Annual data on the distribution ofincome will indicate that the degree of income inequality in thetwo cities is identical.
B. The degree of lifetime incomeinequality in the two cities is identical.
C. The income mobility of people in thetwo cities is identical.
D. The distribution of annual income ismore unequal in Legreeville.

Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen

Which of the following commission structures creates sales people who are highly motivated to close a sales,because their entire income depends on it?