According to the Textbook, Why Are Schools Unsuccessful in Overcoming

question 62

Multiple Choice

According to the textbook, why are schools unsuccessful in overcoming social class differences?

• A) because there are differences in intelligence and ability between classes
• B) because people are more comfortable remaining with their own class
• C) because students are assigned to differing educational experiences based on their perceived intelligence
• D) because many extracurricular educational opportunities cost money and are available to people based on ability to pay

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Definitions:

Gross Margin

The difference between revenue and the cost of goods sold, which indicates the profitability before administrative, sales, and other expenses.

Financial Leverage

A difference between the rate of return on assets and the rate paid to creditors.

Issuing Common Stock

The process by which a company sells new shares of its common stock to investors, thereby raising equity capital.

Return On Equity

A measure of financial performance calculated by dividing net income by shareholder equity, indicating how effectively a company uses investments to generate earnings.