44) based on the preceding information, all of the following are consolidating entries required on december 31, 20x8, to prepare consolidated financial statements, except: a) common stock 50,000 retained earnings 90,000 income from sprout corp. 50,000 dividends declared 20,000 investment in sprout corp. 170,000 b) accounts payable 4,000 accounts receivable 4,000 c) depreciation expense 5,000 income from sprout corp. 5,000 d) buildings and equipment 20,000 accumulated depreciation 10,000 investment in sprout corp. 10,000

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.

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