Depreciation expense, loss on sale of assets and gain on retirement of debt are:
multiple choice
always reported on the statement of cash flows using the direct method.
never reported on the statement of cash flows using the direct method.

Answers

Answer 1

Depreciation expenses, loss on sale of assets, and gain on retirement of debt are never reported on the statement of cash flows using the direct method.

Under the direct method, only specific cash flows activities associated with items that affect cash flows are presented in the statement of cash flows. Those typical items include:

Cash collected from customersInterest and dividend receivedCash paid to employees and suppliersInterest and income taxes paid

Direct method reveals the operating cash receipts and payments, unlike the indirect method. Any other account such as depreciation and amortization, loss on sale of assets, and gain on retirement of debt will be recorded under the Reconciliation of net income to net cash provided by operating activities, separated from the Statement of Cash flows.

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Related Questions

If the Semi Monthly is $4,000
A) How much is the Annual?
B) How much is the Bi Weekly?
C) How much is the Monthly Pay?
D) How much is the Weekly Pay?
E) How much is the Hourly Pay?

Answers

Answer:

um im not for sure but i think its D

Explanation:

Which function on the Capital IQ platform allows users to receive notifications when there are any news or key developments entered for selected companies?

Answers

Answer: Create New Alert

Explanation:

To receive notification on the Capital IQ platform, an alert would have to be created by "create new alert". To do that navigate to My Capital IQ - My Alerts. Click on “Create New Alert” link and enter a name for the alert you want to create. Select the box next to Key Developments and add companies to your alert.

mary a second year college student wants to earn extra pocket money.she is good with making hamburgers,so she is considering opening up a hamburger stall on weekends at the local flea market near the campus

Answers

The answer is , since we know that each hamburger costs R5 to make, and Mary would like to sell her double cheeseburgers at the same price as her major competitor, R15 each.

What to do-

In order to cover her costs, she needs to sell enough hamburgers to generate R2000 in revenue. Since each hamburger is sold for R15, this means she needs to sell 133.33 hamburgers per day:

R2000 ÷ R15/hamburger = 133.33 hamburgers/day.

It is good to note that she needs to sell more hamburgers than her competitors, to generate the same amount of money while having additional costs.

What does a company' revenue mean?

Revenue for a company is its gross income before deducting any costs. Revenue is the financial benefit from sales and/or services provided and is defined by profits and total earnings.

Difference between revenue and profit?

Profit refers to net income after deducting expenditures from earnings, whereas revenue refers to income produced via company activities.

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Tang worked 52 hours last week. His hourly rate is $7.80. Tang’s gross pay for last week was $

Answers

Answer: $405.6

Explanation:

If Tang earns $7.80 per hour(Hourly rate) and works for 52 hours then his gross pay would be 405.6 dollars because 52*7.80 = 405.6.

all you need to do is multiply the horly rate by the number of hours worked

c) “Shadow price is the increase in value created by having one additional unit of a limiting resource at original cost”. Provide a comprehensive real world example of where a shadow price can be calculated with multiple limiting factors and with more than one product. Your answer should be in a form of a short case study roughly 4 or 5 sentences. (5 marks)​

Answers

A real world example of shadow pricing would be in a case where a manufacturer produces two product A and B with 2 input such as raw materials and labor.

How is this so?

Two products (A & B) are produced through the use of two primary resources: labor & raw materials. To produce one unit of product A, we require roughly an hour's worth (60 minutes) of work time from our available pool.

Also, approximately two pounds worth of our current stockpile must be incorporated into each instance as well. Comparatively speaking, producing one unit from group B takes almost three times that much effort (3 hours' time), but only requires about half as much by weight (a single pound).

Our maximum allowance stands at exactly 60 work-hours across all levels plus another hundred pounds maximum in terms concerning these earthly elements - with that established pricing amounts to a flat rate where five dollars buys us one metric pound whereas ten dollars goes towards hourly wages; so what is their shadow price?

When dealing with limited input availability, the optimal allocation of resources and production process optimization can be achieved using shadow prices. In this regard, it has been determined that labor's shadow price stands at $10 per hour while the shadow price for raw materials is set at $5 per pound.

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What happens when you select text and start typing new text?

A.) The new text appears before the selected text.
B.) The new text appears after the selected text.
C.) The new text replaces the selected text.

Answers

.............The answer is C

What makes this business IM inappropriate?
Message: Thnx for ur patience, Mrs. Adams.
A.It is too short.
B.It is grammatically wrong.
c.It uses chat abbreviations.
D.It isn't clear.

Answers

C. “Thnx” is an abbreviation for thanks

Which of the following would most likely use a job order costing system? a.oil refinery b.company that manufactures chlorine for swimming pools c.paper mill d.swimming pool installer

Answers

Answer:

d swimming pool installer

Explanation:

Purchase Company recently acquired several businesses and recognized goodwill in each acquisition. Purchase has allocated the resulting goodwill to its three reporting units: RU-1, RU-2, and RU-3. Purchase opts to skip the qualitative assessment and therefore performs a quantitative goodwill impairment review annually.In its current-year assessment of goodwill, Purchase provides the following individual asset and liability carrying amounts for each of its reporting units:

Carrying Amounts
RU-1 RU-2 RU-3
Tangible assets $215,500 $261,000 $158,250
Trademark 257,000
Customer list 154,500
Unpatented technology 232,500
Licenses 100,000
Copyrights 65,500
Goodwill 190,250 187,550 136,500
Liabilities (35,000)

The total fair values for each reporting unit (including goodwill) are $773,950 for RU-1, $736,450 for RU-2, and $743,500 for RU-3. To date, Purchase has reported no goodwill impairments.

Required:
How much goodwill impairment should Purchase report this year for each of its reporting units?

Answers

Answer:

Purchase Company

                                                                  RU-1           RU-2          RU-3

Goodwill Impairment loss (gain)           $8,300      $44,600 ($383,250)

Explanation:

a) Data and Calculations:

Carrying Amounts

                                   RU-1           RU-2          RU-3

Tangible assets   $215,500   $261,000   $158,250

Trademark            257,000

Customer list        154,500

Unpatented technology        232,500

Licenses                                 100,000

Copyrights                                                  65,500

Goodwill               190,250       187,550     136,500

Liabilities              (35,000)

Book values      $782,250    $781,050  $360,250

Fair values        $773,950    $736,450  $743,500

Goodwill Impairment

 loss (gain)           $8,300      $44,600 ($383,250)

b) Purchase Company will recognize Goodwill impairment expense for RU-1 and RU-2.  It will recognize a Goodwill impairment gain for RU-3.  A goodwill impairment gain results when the fair value is higher than the book value of the net realizable assets.

Kim works for a clothing manufacturer as a dress designer. She travels to New York City to attend five days of fashion shows and then spends three days sightseeing. Her expenses are as follows;Airfare $1,500Lodging (8 nights) $1,920Meals (8 days) $1,440Airport transportation $120Assume that lodging/meals are the same amount for the business and personal portion of the trip (e.g., $180 per day for meals).A) Presuming no reimbursement, how much can kim deduct as to the trip?B) Would the tax treatment of Kim's deduction differ if she was an independent contractor (rather than an employee)? Explain.

Answers

Answer and Explanation:

a. The computation of the amount deducted as if there is no reimbursement is

= Airfare charges + lodging for 5 days + meals for 5 days at 50% limit + full airport transportation

= $1,500 + $1,920 × 5 days ÷ 8 days + $1,440 × 5 days ÷ 8 days × 50% + $120

= $1,500 + $1,200 + $450 + $120

= $3,270

The unreimbursement travel expenses for an employee is 2% of adjusted gross income

b. The tax treatment in case of the independent contractor

= Airfare charges + lodging for 5 days + meals for 5 days at 50% limit + full airport transportation

= $1,500 + $1,920 × 5 days ÷ 8 days + $1,440 × 5 days ÷ 8 days × 50% + $120

= $1,500 + $1,200 + $450 + $120

= $3,270

It would remain the same in case of the independent contractor also.

According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?

Answers

The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.

Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:

Evaluation of the Night-light Data Method:

Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.

Reasons for Differences between Traditional Expenditure Approach and Night-light Data:

Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.

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what are challenges you may face when starting a company today?

Answers

Answer:

1. The competition within my working place or area

2. Being not able to employ most people due to lack of income

3. Lack of productivity

5. Not able to make enough profit for my business to grow

Hi guys, i need urgently some help with this question
Explain the benefits and drawbacks of using either ARR (Accounting Rate of Return)
or PP (Payment Period) instead of NPV (Net Present Value) as a measure of Return
on Investment when considering alternative capital projects?

Answers

Answer:

Accounting rate of return, also known as the Average rate of return, or ARR is a financial ratio used in capital budgeting. The ratio does not take into account the concept of time value of money. ARR calculates the return, generated from net income of the proposed capital investment. The ARR is a percentage return. Say, if ARR = 7%, then it means that the project is expected to earn seven cents out of each dollar invested (yearly). If the ARR is equal to or greater than the required rate of return, the project is acceptable. If it is less than the desired rate, it should be rejected. When comparing investments, the higher the ARR, the more attractive the investment. More than half of large firms calculate ARR when appraising projects.

Explanation:

hope this helps

differences between a small office and a big office​

Answers

Answer:

one is bigger and the other one is smaller

(1) As the VP of human resources, you are trying to determine how much your organization should invest in leadership development. Which of the following factors indicate that leadership skills are less relevant to the organization’s success? Check all that apply.
A) Most employees are highly experienced.
B) Rewards such as pay and promotions are highly valued by employees.
C) Employees find their work intrinsically satisfying.
D) The organization typically hires people with entrepreneurial backgrounds.

(2)You are giving a presentation to a group of managers on transformational leadership. Which of the following would you emphasize as a benefit that this type of leader brings to the organization?
A) Reducing the amount of employee dissent
B) Stimulation of new ways of thinking
C) More precise control mechanisms
D) Methodical decision making

Answers

Answer:

Factors that indicate that leadership skills are less relevant to the organization's success are:

A) Most employees are highly experienced.

C) Employees find their work intrinsically satisfying.

2. A benefit that transformational leadership brings to the organization is:

B) Stimulation of new ways of thinking.

Tamarisk Corporation had the following activities in 2020. 1. Payment of accounts payable $711,000 4. Collection of note receivable $93,000 2. Issuance of common stock $247,000 5. Issuance of bonds payable $522,000 3. Payment of dividends $335,000 6. Purchase of treasury stock $49,000 Compute the amount Tamarisk should report as net cash provided (used) by financing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash select an option by financing activities $enter a dollar amount

Answers

Answer:

the Net Cash flow provided by financing activities is $385,000

Explanation:

The computation of the amount that should be reported as net cash provided or used by financing activities is shown below:

Cash flow from financing activities

Issuance of common stock $247,000

Issuance of bonds payable $522,000

Less:  Payment of dividends -$335,000

Less: Purchase of treasury stock -$49,000

Net Cash flow provided by financing activities $385,000

Hence, the Net Cash flow provided by financing activities is $385,000

- Ethical Considerations. Is managing a business in ways
that reflect society's core values always ethical? Explain
your answer.

Answers

Yes

It is because it really helps

Write a report to the management of Intel. Your report should include an evaluation of short-term liquidity, operating efficiency of intel in 2013,2012,2011

Answers

To the Management of Intel,

I am writing to provide an analysis of Intel's short-term liquidity and operating efficiency over the past three years. The analysis is based on the company's financial statements for 2011, 2012, and 2013.

Short-Term Liquidity:

The short-term liquidity of Intel has remained relatively stable over the past three years. The current ratio, which measures the ability of the company to pay its short-term debts with its current assets, has remained above 2.0 for all three years. This indicates that Intel has a strong ability to meet its short-term obligations. However, the quick ratio, which measures the ability of the company to pay its short-term debts without relying on inventory, has decreased slightly from 1.8 in 2011 to 1.6 in 2013. This indicates that Intel may be relying more on inventory to meet its short-term obligations.

Operating Efficiency:

Intel's operating efficiency has improved over the past three years. The gross profit margin, which measures the profitability of the company's products, has increased from 61.9% in 2011 to 62.1% in 2013. This indicates that Intel has been able to increase its profit margins despite the competitive nature of the industry. The operating profit margin, which measures the profitability of the company's operations, has also increased from 27.3% in 2011 to 28.6% in 2013. This indicates that Intel has been able to manage its costs effectively and improve the efficiency of its operations.

In conclusion, Intel's short-term liquidity has remained strong over the past three years, while the company's operating efficiency has improved. Although the quick ratio has decreased slightly, the current ratio has remained above 2.0, indicating that Intel has a strong ability to meet its short-term obligations. The improvement in gross profit margin and operating profit margin indicates that Intel has been able to increase profitability and manage its costs effectively. Based on this analysis, I recommend that Intel continue to focus on improving its operating efficiency while maintaining its strong short-term liquidity position.

Sincerely,
[Your Name]

There is an inverse relationship between followers and engagement -- surprisingly, the more followers, the LESS engagement with posts. Why do you think non-celebrities are able to influence buying behavior?

Answers

This is because the followers are aware of the celebrity and their motivations, thus their purchasing decisions aren't as affected by consumer behaviour.

What is consumer behaviour?

The activities and choices that consumers make when using or purchasing things are referred to as consumer behaviour in marketing. Consumer behaviour towards a product encompasses all aspects, from the original choice to acquire it through how they use it and whether they decide to make additional purchases of it in the future or not. Consumer behaviour can be divided into four categories: routine purchases, variety-seeking purchases, purchases made to avoid dissonance, and sophisticated purchases. The sort of goods a consumer needs, their level of involvement, and the variations between companies all influence the forms of consumer behaviour they exhibit.

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What are the three main forms of legal ownership of a business

Answers

The three main forms of legal ownership of a business is Coporation, Partnership, and Sole proprietorship

Why does each generic business model require a different set of business-level strategies?

Answers

n each of the different generic business models, customer feedback and marketing are very different because the products and consumers are different. This core difference requires synergistic strategies across all levels in order to properly support the corporate level with the information it needs.

Hope it helps!:)

Today’s entrepreneurs are taking advantage of the opportunity to meet changing needs in the marketplace. Examples include cleanup of radioactive and industrial waste, disposal of outdated computers and office equipment, and women-friendly tool kits for home improvement. How does this opportunity demonstrate awareness of the marketplace? Do you anticipate that the market will be increasing or decreasing?

Answers

The opportunity for entrepreneurs to meet changing needs in the marketplace, such as cleanup of radioactive and industrial waste, disposal of outdated computers and office equipment, and women-friendly tool kits for home improvement, demonstrates their awareness of the evolving demands and preferences of consumers.

By identifying these specific needs and developing solutions to address them, entrepreneurs show their understanding of the marketplace and the potential for profitable ventures.

They recognize that there is a demand for environmentally-friendly waste management services, responsible disposal of electronic devices, and products tailored to the needs of women engaging in home improvement projects. This awareness enables them to capitalize on these opportunities and cater to niche markets.

Regarding the future trajectory of the market, it is important to note that predictions can be influenced by various factors and are subject to change. However, based on the information provided, it seems likely that the market for these types of services and products may increase or remain stable in the near future.

Concerns about environmental sustainability, regulations on waste management, and the increasing focus on inclusivity and gender equality suggest a continued need for solutions in these areas. As long as these needs persist and evolve, entrepreneurs who are able to offer innovative and effective solutions are likely to find opportunities for growth and success in the market.

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what is the book value of muffin's masonry's assets today and the market value of these assets

Answers

Answer:

13

Explanation:

What contribution does the retail sector make to the UK economy ?

Answers

Answer:

The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy. 14% of all UK investment made by large non financial-sector firms is made by large retailers. Retailers purchase around £180bn worth of goods for resale, supporting £47bn of output from other sectors.

Answer:

The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy.

Explanation:

14% of all UK investment made by large non financial-sector firms is made by large retailers. from other sectors. Retailers pay out £4 billion every year in dividends to shareholders, around 5% of the UK total.

Answer:

According to the case, the five kinds of share are directly relevant and can be calculated from the provided information are:

1. Authorized Capital

2. Issued Capital

3. Un-issued Capital

4. Subscribed Capital

5. Called-up Capital

Explanation:

Authorized Capital:

The authorized capital is known as the registered capital of the company, Authorized capital is the maximum amount of share that a company is authorized to issuing share to its shareholders.

In this case, the Alpha limited company registered on 5th January 2023 with the capital of 500,000 which is divided into 25,000 ordinary shares and the value of each share is Rs. 20.

Issued Capital:

The issued share capital of company is monetary value of shares which legally offers by company to its shareholders.

In this case, the Alpha limited company on 20th of January offered for sale to the public from authorized capital. The company put forward 15,000 and the value of each share is 20 Rs. Consequently, the company’s issued capital is 300,000 Rs (15,000 shares x 20 Rs.) .

Un-issued Capital:

The un-issued share capital reflects the part of authorized capital stock that the company has not yet issued to the public.

In this case, the Alpha limited company has not issued his 10,000 shares, and the value of each share is 20 Rs so its total un-issued capital is Rs. 200,000 (10,000 shares x 20 Rs.).

Subscribed Capital:

The subscribed capital is the portion of issued capital for which the public has been subscribed and the company has accepted.

In this case, the Alpha limited company on 23rd January received applications for 14,500 shares from the public which informed by company’s bank, so the subscribed capital is Rs. 290,000 (14,500 shares x 20 Rs.).

Answers

The five kinds of capital that are directly relevant are:

Authorized Capital: Rs. 500,000Issued Capital: Rs. 300,000Un-issued Capital: Rs. 200,000Subscribed Capital: Rs. 290,000Called-up Capital: Rs. 290,000

What is a called-up capital?

The called-up capital refers to the portion of the subscribed capital that the company has demanded and the shareholders are required to pay.

In this case, the Alpha limited company called up the entire subscribed capital of Rs. 290,000 on 25th January. Therefore, the called-up capital is also Rs. 290,000.

Summarily,

- Authorized Capital: Rs. 500,000

- Issued Capital: Rs. 300,000

- Un-issued Capital: Rs. 200,000

- Subscribed Capital: Rs. 290,000

- Called-up Capital: Rs. 290,000

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(Principles of management is the class I am taking )

What is a management control system? give a example

Answers

A management control system gathers information used to evaluate the performance of:

HumanPhysicalFinancialOther organizational resources.

What is a management control system?

A management control system is a management technique that evaluates the achievement of performance goals in terms of:

ProductivityProfitabilityEfficiency.

Thus, a management control system gathers information used to evaluate the performance of human, physical, financial, and other organizational resources.

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high-performing teams include members who typically hold which of the following values?

Answers

Answer:

a high need for achievement

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

High-performing teams include members who typically hold a high need for achievement.

Hence, teams that perform exceptionally and excellently are usually made up of members that are keen on adding more feathers to their coat i.e they have a great urge or desire to reach greater heights and milestones.

Africanisation (how will you incorporate the learners culture or heritage into the contemporary socio-economic issues lesson

Answers

By incorporating culturally relevant examples, guest speakers, local data, cross-cultural comparisons, a multilingual approach, and artistic expressions, we can incorporate learners' culture or heritage into the contemporary socio-economic issues lesson.

To incorporate the learners' culture or heritage into a contemporary socio-economic issues lesson, it is important to create a culturally responsive and inclusive learning environment that recognizes and values the African context. Here are some strategies to achieve this:

Culturally Relevant Examples: Use examples and case studies from African countries or communities that relate to the socio-economic issues being discussed. This helps students connect with the content on a personal and cultural level, fostering engagement and understanding.

Guest Speakers and Community Involvement: Invite guest speakers from diverse African backgrounds who can share their experiences and perspectives on the socio-economic issues being studied. This provides authentic and firsthand insights into how these issues manifest in different African contexts.

Local Data and Research: Incorporate local data and research from African sources to illustrate the impact of socio-economic issues. This helps students see the relevance of these issues within their own communities and promotes a sense of ownership and empowerment.

Cross-Cultural Comparisons: Encourage students to explore and compare socio-economic issues between African countries, as well as with other regions of the world. This broadens their perspective, promotes critical thinking, and encourages understanding of global interconnections.

Multilingual Approach: Recognize and embrace the diversity of languages spoken by students. Incorporate key terms, discussions, and resources in various African languages, ensuring that students can engage with the content in their native languages and feel valued.

Art, Music, and Literature: Incorporate African art, music, and literature that address socio-economic issues. This helps students explore these topics through creative expressions that resonate with their cultural heritage.

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When the perpetual inventory system is used, the inventory sold is debited to

Answers

The journal? Ambiguous question

Discuss how work plays part in the work situation?​

Answers

Answer:

Why is work important?

The status of work in contemporary societies is the result of a long historical process. It is not only an indispensable means of enhancing individual senses of usefulness and belonging, but also of providing financial means. Work is also central in several other dimensions, namely in its role as a socialising mechanism, as a source of social exchanges, and individual identities. Thus, work can be seen as the pillar of social organisation, but also, to a large extent, as an important pillar of the existential organisation of individuals. It is a fundamental feature in many dimensions of social integration, such as health, housing, and interpersonal networks. Hence, the relevance of Work Integration Programmes (WIP) aimed at improving the condition of vulnerable groups.

Let's summarise the importance of work both at the individual and the societal level:

For individuals, work is an important feature in structuring: personal and social identity; family and social bonds; ways of making money, and thereby accessing a number of essential and non-essential goods, services and activities; daily routines; level of activity; physical and mental well-being; self-confidence and self-esteem; a sense of self-worth provided by the feeling of contributing to society or the common good

For societies, work is an important feature in: promoting community cohesion and safety; increasing civic participation; reducing public spending in a range of welfare benefits (provided, of course, that work is performed in a decently paid job); promoting social and economic development; organising social life at a macro level

When success in these dimensions is challenged WIPs become more important. The relevance of WIPs is made even more acute when both macro and microstructural conditions create obstacles to the positive role of work. These must be carefully considered:

Macrostructural conditions: the current European crisis, reflected in the rise of unemployment and job precariousness; the transformation of work ethics that has been going on over the past few decades: as jobs become increasingly precarious, subject to sudden change or elimination, individuals have a decreased sense of security, commitment and loyalty towards their jobs and each other (see: Public Policy).

Microstructural conditions: work is not, by itself, synonym with integration. Indeed, precarious, unappealing, dangerous, low-paid and low-status jobs relegate individuals to the margins of society.

Yet, despite these current conditions, work is still a central piece in our societies, and a crucial factor in the social integration of vulnerable groups.

Other Questions
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