1. Hopeful Company's balance sheet is as follows: Hopeful Company Balance Sheet, pre-quasi-reorganization Assets Liabilities and Equity Cash $ 60,000 Loans payable $1,220,000 Inventories 550,000 Common stock, $10 par 550,000 Property (net) 950,000 Additional paid-in capital 400,000 Retained earnings (610,000) Total $1,560,000 Total $1,560,000 3. The company enters into a quasi-reorganization. Pursuant to this plan, inventories are written down by $50,000 and property is reduced by $180,000. The par value of the common stock is reduced to $2/share. At the completion of the quasi-reorganization process, the balance in the common stock, $2 par account is: A. $ 55,000 B. $110,000 C. $550,000 D. $440,000

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

for submitting your question to

the answer to your question is : c) a government agency or homeowner

due to his line of work, he is most likely employed by a government agency or homeowner due to the other choices not being logical haha.