Leigh is taking a history course, a subject he dislikes. He is trying to decide between studying for the upcoming history exam which he is not enthused about, or failing the exam if he does not study. Leigh is experiencing approach-avoidance conflict.
Approach-avoidance conflict occurs when an individual is faced with a situation that has both desirable and undesirable aspects, making it challenging to make a decision.
In this case, Leigh dislikes history and finds studying for the upcoming exam unappealing (avoidance). On the other hand, failing the exam is also undesirable (avoidance). This conflict arises due to the conflicting motives of wanting to avoid studying and wanting to avoid failing the exam. Leigh must weigh the potential negative experiences associated with studying against the negative consequences of failing the exam to make a decision.
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HELP! If the price of an Economics e-text was equal to $45.00 and the quantity sold was equal to 125, then the total revenue would equal $3,625. True or False?
Answer:
T
Explanation:
what is a premiun?
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what happens to employment and wages in maxistan if the preference for leisure increases at the same time worker productivity decreases? choose 1 answer:
Based on business management, and the situation described, following the employment and wages in maxistan if the preference for leisure increases at the same time worker productivity decreases, the employment decreases.
What is the effect of Leisure and productivity on employmentBased on research analysis, it has been observed that when leisure time reaches the optimal level, leisure has a compensatory effect on work and can positively influence labor productivity.
However, the researchers concluded that when leisure time exceeds the optimal value, leisure has a substitution effect on work and can negatively influence labor productivity.
Thereby, this implies that when leisure increases, productivity decreases.
As there is less production and more leisure, the expected outcome is for employment opportunities to decrease, as there would be no need to recruit more.
Hence, in this case, it is concluded that the correct answer to the Maxistan scenario is that there would be a decrease in employment.
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I draw samples of vodka, of adequate size and number, from a vodka making process and find that the grand mean of the samples is 99 proof Can I reasonably assert that the average proof of the vodka for the entire process is 99 proof? (waming drinking alcohol is injunous to your health and grades - -) Yes - based on the Central Limit Theorem No - based on the Central Limit Theorem
No, we cannot reasonably assert that the average proof of the vodka for the entire process is 99 proof based solely on the Central Limit Theorem.
The Central Limit Theorem states that for a sufficiently large sample size, the sampling distribution of the sample mean will be approximately normally distributed, regardless of the shape of the population distribution. However, it does not guarantee that the sample mean will equal the population mean.
In this case, while the Central Limit Theorem allows us to make inferences about the sampling distribution, it does not provide direct information about the true population mean. The fact that the grand mean of the samples is 99 proof does not necessarily imply that the average proof of the entire vodka making process is also 99 proof.
To make a reasonable assertion about the average proof of the entire process, further analysis and statistical methods are required. These may include hypothesis testing, confidence intervals, or additional sampling to estimate the population mean accurately. Hence, based solely on the Central Limit Theorem, you cannot reasonably assert that the average proof of the vodka for the entire process is 99 proof.
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Marketing programs that track purchase history, personal information and preferences and provide incentives to loyal, repeat customers are called what?
Loyalty programs are marketing initiatives that keep track of customers' past purchases and reward them. Customers who are deemed to be loyal to a firm are offered loyalty programs, as the term implies.
These kinds of programs provide exclusive discounts and benefits in an effort to keep these clients while also luring in new ones. These initiatives are put in place to promote repeat business.
Customer loyalty is a continuing emotional bond between you and your customers that shows in their willingness to interact with you and make repeat purchases from you as opposed to your competition. When a customer has a good experience with you, loyalty develops naturally and helps to build trust.
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The Corner Market has fixed costs of $1,600, depreciation of $1,200, a tax rate of 35%, and a cost of capital of 12%. Variable costs represent 67% of sales. What minimum level of sales must the market obtain to avoid a net loss on its income statement?
Answer:
$8,484.85
Explanation:
Fixed costs = $1,600
Depreciation = $1,200
Tax rate = 35%
Cost of capital = 12%
Variable costs = 67% of sales
Desired sales = (Fixed cost + Depreciation) / Contribution ratio
Desired sales = ($1,600 + $1,200) / (1 - 67%)
Desired sales = $2,800 / 0.33
Desired sales = 8484.84848485
Desired sales = $8,484.85
The minimum level of sales that Corner Market must obtain to avoid a net loss on its income statement is $8,484.85.
jessica wants to list an unpaid internship on her résumé. in what section should she list it?
Jessica should mention her unpaid internship under "Experience" or "Work Experience" on her resume. This section usually lists a person's previous jobs, internships, or professional experiences. Jessica's unpaid internship shows her passion, abilities, and practical knowledge.
Jessica should describe the unpaid internship as follows:
Position: List her internship role.
Name the company/organization where she interned.
Duration: Include internship start and end dates.
Responsibilities and Achievements: List her internship tasks, responsibilities, and projects, showcasing her accomplishments and skills.
Essential Skills: Mention the communication, teamwork, problem-solving, and industry-specific abilities she developed during the internship.
Jessica shows potential employers her initiative, work ethic, and practical experience by listing the unpaid internship in the Experience section.
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Read this Paul Krugman opinion piece from the NYT, April, 2022 for an update of some of the concepts and data that Robert Reich discusses in his decade-old video, "Inequality For All": A Small Earthquake on Staten Island, Paul Krugman, NYT, April, 2022 Download A Small Earthquake on Staten Island, Paul Krugman, NYT, April, 2022 To view video, click on the link below the three video questions that follow. Please keep in mind as you watch this video, that more than seven years after its release, this video remains valid positive and normative economic analysis with current concepts and issues. The trends portrayed with regard to inequality of wealth, income, productivity, wages, social outcomes, political economy and much more continue to this day.
a.) What are the parallels between 1928 and 2007 that are drawn in the video in terms of income distribution and the stability of the economy? Cite at least two parallels and explain how they relate.
b.) Explain why it is that the middle class – not the wealthy – are the true "job creators"? You may use the explanation of Nick Hanauer, the owner of the pillow manufacturing firm, here.
c.) Robert Reich says, "The question is not inequality per se; the question is, when does inequality become a problem?" In your own words, when do you think inequality becomes a problem? Pick two of the solutions Reich mentions and discusses in the video and explain whether you think these would work or are adequate.
Two of the solutions discussed by Robert Reich in the video are increasing the minimum wage and strengthening labor unions, these solutions would be effective in reducing inequality and improving social outcomes, but they may not be sufficient on their own. Other solutions, such as progressive taxation and increased investment in education and social welfare programs, may also be necessary to address the root causes of inequality.
(a) Two parallels are drawn between 1928 and 2007 in terms of income distribution and the stability of the economy. Firstly, both periods were characterized by high levels of income inequality, with a small group of wealthy individuals holding a large share of the nation's wealth. Secondly, both periods saw the economy become increasingly unstable as a result of this inequality, with the wealthy investing their money in speculative ventures rather than productive investments, leading to a bubble that ultimately burst and caused widespread economic hardship.
b) According to Nick Hanauer, the owner of a pillow manufacturing firm, the middle class are the true "job creators" because they are the ones who create demand for goods and services. When the middle class has more money to spend, they buy more goods and services, which in turn creates a need for businesses to hire more workers to meet this demand. This creates a virtuous cycle of economic growth and job creation.
c) Inequality becomes a problem when it leads to a concentration of wealth and power in the hands of a few, resulting in a lack of opportunity and social mobility for the rest of society.
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which of the following is true of company mission statements? missiong statements should be defined in terms of
Mission statements should be defined in terms of the organization's purpose, values, and core activities. They serve as a concise declaration of the company's reason for existence and provide guidance for its strategic direction.
The following points highlight the characteristics of effective mission statements:
Purpose: Mission statements should clearly articulate the organization's purpose or reason for being. They answer the question, "Why does the organization exist?" and capture its overall mission or objective.Values: Mission statements often incorporate the organization's core values or guiding principles. These values reflect the ethical, cultural, and behavioral standards that the company upholds in its operations.Core Activities: Mission statements may outline the primary activities or services that the organization engages in to fulfill its mission. They identify the key areas in which the company operates and differentiates itself from others.Conciseness: Mission statements should be succinct and easy to understand. They are typically brief, capturing the essence of the company's purpose and aspirations in a few sentences or paragraphs.Inspiration and Direction: Effective mission statements inspire employees, stakeholders, and customers by communicating a compelling vision of the organization's future. They provide a sense of direction and serve as a guide for decision-making and goal-setting.To know more about Mission statements refer to-
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gen x managers are very able to provide employees with ....... balance because they want more of it themselves.
Gen x managers are very able to provide employees with a healthy work-life balance because they want more of it themselves.
They understand the importance of maintaining equilibrium between professional responsibilities and personal pursuits, which leads them to create a supportive and flexible work environment. By offering options such as remote work, flexible hours, and respecting employees' personal time, Gen X managers cater to individual needs and promote employee well-being.
This approach not only boosts employee satisfaction and engagement but also enhances overall productivity. Consequently, the work-life balance provided by Gen X managers is beneficial for both employees and the organization.
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qs 20-23 budgeted loan activity lo p2 santos co. is preparing a cash budget for february. the company has $12,000 cash at the beginning of february and anticipates $73,000 in cash receipts and $111,000 in cash payments during february. what amount, if any, must the company borrow during february to maintain a $6,000 cash balance? the company has no loans outstanding on february 1. (negative cash balances, if any, should be indicated with minus sign.)
Ending cash balance = Preliminary cash balance +Cash to be borrowed
4000 = -11000 + Cash to be Borrowed
Cash to be Borrowed= 4,000 + 11,000
= 15,000
Is loan interest factored into the cash budget?
The cash budget results are used in the financing budget, which includes investments, debt, interest income, and interest expense.
To calculate the number of sales you will collect in the current quarter, multiply the percentage of sales you collected in the quarter in which you made the sales by the forecasted sales for the current quarter.
Therefore, 15,000 is the cash that is borrowed.
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A model that shows the trade-offs and opportunity costs of producing an additional unit of a good relative to what must be given up in the production of another good.
Answer:
production possibilities curve (PPC)
Explanation:
The PPC is used to explain the tradeoffs that producers face when having to choose between 2 different alternative products or services. The more they choose of one product, the less they will be able to produce of the other product. Opportunity costs are the associated costs or benefits lost resulting from choosing one activity or investment over another alternative.
Kershaw Electric sold $6,000,000, 10%, 10-year bonds on January 1, 2019. The bonds were dated January 1, 2019, and paid interest on January 1. The bonds were sold at 98.
Answer:
A. Jan. 1, 2019
Dr Cash 5,880,000
Cr Discount on bonds payable 120,000
Cr Bonds payable 6,000,000
B. $5,888,000
C. Jan. 1, 2019
Dr Bonds Payable 6,000,000
Dr Loss on Redemption 224,000
Cr Discount on Bonds Payable 104,000
Cr Cash 6,120,000
Explanation:
A.Preparation of the journal entry to record the issuance of the bonds on January 1, 2019
Jan. 1, 2019
Dr Cash 5,880,000
(98%*6,000,000)
Cr Discount on bonds payable 120,000
(2%*6,000,000)
Cr Bonds payable 6,000,000
(To record issue bonds payable)
B. Preparation of the balance sheet presentation of the long-term liability
Balance Sheet December 31, 2019
Long-term liabilities
Bonds payable 6,000,000
Less: Discount on bonds payable 112,000
(120,000-8,000)
Long-term liabilities $5,888,000
C. Preparation of the Journal entry to record the redemption of the bonds
Jan. 1, 2019
Dr Bonds Payable 6,000,000
Dr Loss on Redemption 224,000
(6,120,000-5,896,000)
Cr Discount on Bonds Payable 104,000
(6,000,000-5,896,000)
Cr Cash 6,120,000
(6,000,000*102%)
(To record redemption of bonds)
The ______is a financial statement detailing a firm's assets, liabilities, and owners' equity.
A. balance sheet
B. statement of cash flows
C. manufacturing statement
D. income statement
The income statement is a financial statement detailing a firm's assets, liabilities, and owner's equity. Thus, option 'D' is the correct option.
What is an income statement?One of a company's financial accounts, an income statement or profit and loss account, lists the company's revenues and costs for a specific time period. It describes the process through which revenues are converted into net income or net profit.
A period of time is represented by an income statement (as does the cash flow statement). The balance sheet, on the other hand, only depicts one point in time. There are two ways to create an income statement. The Single Step Income Statement calculates the net income by adding up all receipts and deducting all costs.
In order to get at the net income, the Multi-Step income statement makes a number of calculations, beginning with the gross profit and moving on to operational expenditure estimation. then, after taking the gross profit into account, you get income from operations.
Therefore, option 'D' (income statement) is the correct option.
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True or False: The ending balance in your checkbook ledger is different from the bank statement when you have written checks that haven't yet been cashed.
Answer:
true
Explanation:
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What does qualitative research and quantitative research means?
Answer:
Quantitative research is expressed in numbers and graphs. It is used to test or confirm theories and assumptions. This type of research can be used to establish generalizable facts about a topic.
Common quantitative methods include experiments, observations recorded as numbers, and surveys with closed-ended questions.
Qualitative research
Qualitative research is expressed in words. It is used to understand concepts, thoughts or experiences. This type of research enables you to gather in-depth insights on topics that are not well understood.
Common qualitative methods include interviews with open-ended questions, observations described in words, and literature reviews that explore concepts and theories.
Answer:
Qualitative research involves collecting and analyzing non-numerical data (e.g., text, video, or audio) to understand concepts, opinions, or experiences. It can be used to gather in-depth insights into a problem or generate new ideas for research.
Quantitative research is a research strategy that focuses on quantifying the collection and analysis of data.
Consider the division problems I, II and III on the following page. In each problem, determine the divide-and-choose outcome when A is the divider and B is the chooser and A knows B’s preferences. Determine if the outcome is envy-free. B. To see if there is a "divider’s advantage," determine the outcome in each of the problems if B were to be the divider and knows A’s preferences. Compare A’s welfare in both cases. C. Returning to the case in which A is the divider, suppose it only knows its own preferences and not B’s. What would be the outcome in each of the problems? Again, determine if the outcome is envy-free
In all three division problems, the divide-and-choose outcomes differ based on whether A or B is the divider and knows the other's preferences. The welfare of A also varies depending on who the divider is. However, without knowledge of B's preferences, A's ability to achieve an envy-free outcome is uncertain.
In problem I, if A is the divider and knows B's preferences, A can divide the goods in a way that satisfies B's preferences, resulting in an envy-free outcome. However, if B is the divider and knows A's preferences, B may choose to allocate the goods in a way that benefits B more, potentially leading to an unfair outcome for A.
In problem II, if A is the divider and knows B's preferences, A can again allocate the goods in a way that satisfies B's preferences, ensuring an envy-free outcome. If B is the divider and knows A's preferences, B might choose a division that maximizes their own welfare, potentially resulting in envy on A's part.
In problem III, if A is the divider and knows B's preferences, A can allocate the goods to satisfy B's preferences and achieve an envy-free outcome. Without knowledge of B's preferences, A's ability to determine an envy-free outcome is uncertain, as the division may not align with B's desires.
Comparing A's welfare in both cases, when A is the divider and knows B's preferences, A has the opportunity to ensure an envy-free outcome. However, when B is the divider and knows A's preferences, A's welfare may be compromised as B can prioritize their own preferences.
In conclusion, the outcome of the divide-and-choose problems, as well as the achievement of an envy-free outcome, depend on who is the divider and their knowledge of the other's preferences. Without knowledge of the other party's preferences, achieving an envy-free outcome becomes uncertain.
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An increase in sales will increase net operating income by a multiple of that increase in sales. The multiple is known as the ______. Multiple choice question.
Increase in sales will increase net operating income by the degree of operating leverage.
What is Operating leverage?This can be defined as a measure of how revenue growth translates into growth in operating income.
In this scenario, increase in sales leads to a corresponding increase in income with the operating leverage measuring the extent to which it occurred.
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Grant started a business this year. He earned $200,000 in revenues and had $150,000 in expenses. His other alternative would have been to go back to his old job, where he earned $70,000. What are Grant's "true" profits from his business
Answer:
Profit from the business = $50000.
Explanation:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Now we have to calculate the true profit from the business. So, it can be calculated by subtracting the total cost from the total revenue.
Below is the formula to find the profit.
Profit = total revenue – total cost
Now insert the given values in the formula.
Profit from the business = $200000 - $150000
Profit from the business = $50000
The amount of Grant's "true" profits from his business is $50000. Profits are termed as the total revenues that the firm earns on selling the produced goods and services.
Given information are:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Computation of profit:
Profit = Total Revenue- Total Cost
Profit = $200000- $150000
Profit = $50000
Therefore, the amount of profit the company earned is $50000.
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You have a duty of honesty and fairness to customers. you have a duty of obedience to your clients. what happens if a client asks you not to be honest about a material fact related to the property?
If a client asks you not to be honest about a material fact related to the property, it is important to remember that as a professional, you have a duty of honesty and fairness to customers.
This means that you are obligated to provide accurate and truthful information to all parties involved.
In this situation, it is crucial to prioritize your duty of honesty and fairness over any requests made by the client. You should not withhold or misrepresent material facts about the property, as this could lead to legal and ethical consequences.
Instead, you should explain to the client the importance of disclosing all relevant information to potential buyers or renters. By doing so, you are fulfilling your duty of obedience to your clients while also upholding your duty of honesty and fairness to customers.
If the client insists on not disclosing the material fact, it may be necessary to seek guidance from your supervising broker or consult legal professionals to ensure that you are acting in compliance with real estate laws and regulations.
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imapct of corona virus as one of the socio - economic issues on business
Answer: It has also sparked fears of an impending economic crisis and recession. Social distancing, self-isolation, and travel restrictions have lead to a reduced workforce across all economic sectors and caused many jobs to be lost. Schools have closed down, and the need for commodities and manufactured products has decreased.
Hope this helped!
Answer:
the impact of the corona virus on bussisess and the econmy has made people lose their jobs and bussineses shut down
Explanation:
Imagine you are the dining room manager of a restaurant. You are responsible for
creating a set of sanitation rules to be followed by the staff.
The sanitation rules should cover the following aspects:
Service sanitation rules
Personal hygiene and attire rules
Side work rules
A bank manager argues that everyone has equal access to home loans, and if they cannot get one it is based on lack of effort, not race. Which colorblind ideology does this exemplify
Answer:
A. abstract liberalism
Explanation:
Since in the question it is mentioned that the bank manger said that the everyone should access to home loans but if it is not done than the reason would be the lacking of effort not race so this represent the abstract liberalism as everyone provides the equal opportunity irrespective of the race, religion, culture they belongs
Hence, the correct option is A.
mework i A 20.00 B 19.00 18.00 D 14.00 10.00 used DVDs. F 5 Saved per week G 10 Instructions: Enter your response rounded to two decimal places The new consumer surplus is S per week The new producer
Given data:A = $20.00B = $19.00C = $18.00D = $14.00E = $10.00F = 5G = 10Explanation: Consumer surplus is defined as the difference between the maximum amount that a consumer is willing to pay for a good and the amount that he actually pays.
Consumer surplus = Maximum amount a consumer is willing to pay - Amount he actually paysConsumer Surplus = A - $20 = $0B - $19 = $0C - $18 = $0D - $14 = $0E - $10 = $0Total consumer surplus before price change = $0 + $0 + $0 + $0 + $0 = $0.
Now, the price of DVDs decreased by $5 per week for all consumers. So, the new price will be:A = $15.00B = $14.00C = $13.00D = $9.00E = $5.00
Consumer Surplus =\(A - $15 = $5B - $14 = $5C - $13 = $5D - $9 = $5E - $5 = $0\). Total consumer surplus after price change = \($5 + $5 + $5 + $5 + $0 = $20.\)
The new consumer surplus per week is $20. The producer surplus is defined as the difference between the price of a good and the minimum amount that a producer is willing to accept for that good.Producer Surplus = \($20 - A = $20 - $10 = $10$19 - B = $19 - $10 = $9$18 - C = $18 - $10 = $8$14 - D = $14 - $10 = $4$10 - E = $10 - $10 = $0\).
Total producer surplus =\($10 + $9 + $8 + $4 + $0 = $31\). As the price decreased, the producer surplus decreased. But, the consumer surplus increased. This increase in consumer surplus would lead to an increase in the total welfare of the society.
Therefore, price change was beneficial to the consumers. But, it reduced the profits of the producers, thus price change was disadvantageous for them.
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Suppose a lite insurance company selis a $200,000 1-year lecms iffe insurance policy to a 20yoat-old female for $230. According to the Nabional Vial Statistics Report. 58(21) the probablity that the female survives the year is 0999544 Compute and interpret the expected value of this pollcy to the insurance company The expected valje is s (Round to the nearest cent as needed) Which of the folowing interpretations of the expected valise is correct? Select the correct choice below and fir in the answer box to complete your choice (Round to the nearest cent as needed) A. The insurance company expects to make a maximum profit of 5 on every 20 -year-old fermale it insures for 1 year. B. The insurance company expects to make a profit of : on every 20-year-old female it insures for 1 month C. The irsurance company expecis to make a minimum proft of A on every 20 -year-old female it insures for 1 month D. The insurance compary empecta ta make a profit of 3 on every 20 -yeat-old female it inscires for 1 year
The expected value of this policy to the insurance company is $229.95. The correct interpretation of the expected value is "The insurance company expects to make a minimum profit of $229.95 on every 20-year-old female it insures for 1 year." Therefore, the correct option is C.
Expected value of this policy to the insurance company can be computed as follows:
Expected Value = (Probability of Survival * Amount Paid by the Policy Holder) - (Probability of Death * Amount Paid to the Policy Holder)
Probability of survival is given as 0.999544 and hence the probability of death is 1 - 0.999544 = 0.000456
Amount paid by the policyholder is given as $230 and amount paid to the policyholder in case of death is $200,000
Expected Value = (0.999544 * $230) - (0.000456 * $200,000)
Expected Value = $229.95
The expected value of this policy to the insurance company is $229.95. The correct interpretation of the expected value is "The insurance company expects to make a minimum profit of $229.95 on every 20-year-old female it insures for 1 year." Therefore, the correct option is C.
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what is the difference between contract rent and market rent? why is this distinction more important for investors purchasing existing office buildings than for investors purchasing existing apartment complexes?
For investors that invest in office buildings, this distinction is crucial because commercial leases often last for a longer period of time than residential leases.
What distinguishes market rent from contract rent?Let's first clarify the distinction between Market Rent and Contract Rent. If your apartment or one that is identical were to be put on the rental market today, it would command market rent. Contract Rent is the monthly sum that reputable, enduring tenants are currently paying.
The real rent that is paid under a lease between an owner and a renter is known as the contract rent. Additionally, market rent is the average or possible rent that prevails in the market for a certain property on the effective date of an evaluation.
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1. Read: Discussion Background UMA graduate, Desmond, is currently searching for a job and has been actively
interviewing. In fact, he has two interviews scheduled for later this week. Desmond is also very active on social media and prides himself on having a large volume of likes and followers. To obtain more followers, he often follows people he does not know. Recently, Desmond has been following several individuals who have extreme anti-abortion views and often promote violence. Desmond liked these posts. Today, Desmond received a call from one of his potential employers and his interview was canceled. The potential employer stated, "Our office serves a patient base with various medical needs and we do not believe you are a good fit for our company." Desmond believes the potential employer reviewed his social media activity.
2. Initial Post: Create a new thread and answer all three parts of the initial
prompt below
1. Explain whether it is fair for employers to judge Desmond based on his social media usage.
2. Describe how Desmond could change his use of social media after this incident.
3. Think objectively about your current digital footprint. Considering that Desmond lost a job opportunity due to his social media activity, explain
what you will change in your own social media activity.
It is fair for employers to judge Desmond based on his social media usage. Social media is a public platform, and anything that is posted online can potentially be seen by anyone.
1.Employers have the right to assess the character and values of their potential employees and determine if they align with the company's mission and values. In Desmond's case, his social media activity showed a potential lack of judgment and a disregard for the impact his actions could have on others. The potential employer made a responsible decision to protect the interests of their company and their patient base.
2. Desmond could change his use of social media after this incident by being more mindful of the content he likes and shares. He needs to consider the possible implications of his actions and how they may be perceived by others. Desmond should also consider removing any content that may be offensive or controversial and avoid following people or groups with extreme views or affiliations. He should also use privacy settings to ensure that his personal life is not readily available to the public. Additionally, Desmond could use social media to showcase his professional skills and interests, which may be beneficial in securing future job opportunities.
3. Thinking objectively about my current digital footprint, I would change my social media activity by being more cautious about what I post and share. I would avoid posting anything that could be perceived as offensive, discriminatory, or controversial. I would also avoid following individuals or groups that promote violence or hate speech. I would review my privacy settings and ensure that my personal life is not readily available to the public. Lastly, I would use social media to showcase my professional achievements and interests, which could be beneficial in building a positive reputation and securing future job opportunities.
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A tenant rented a townhome, signing an 18-month lease. After the lease expired, the tenant paid 1 month's rent and got a receipt. What kind of leasehold does the tenant have?
If the tenant rented a townhome, signing an 18-month lease and after the lease expired, the tenant paid 1 month's rent and got a receipt, then the kind of leasehold that the tenant has is a periodic leasehold.
A periodic leasehold is a type of tenancy agreement that is renewed at regular intervals (e.g. weekly or monthly). The most common type of periodic leasehold is a month-to-month lease, which renews automatically at the end of each month unless one of the parties terminates it.
A lease that does not have a specific end date is referred to as a periodic leasehold. This is different from a fixed-term lease, which has a specific beginning and end date.
A periodic leasehold will usually continue indefinitely until either the landlord or the tenant terminates it.
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You have been asked to develop a pro forma statement of cash flow for the coming year for
Autumn Seasons, a 200-unit suburban garden apartment community. This community has a mix
of 40 studio, 80 one-, and 80 two-bedroom apartments with current monthly rents of $550, $600,
and $800, respectively. Leases with tenants are usually made for 12-month periods. Current
rents are expected to remain fixed for the next six months. After that time, monthly rents for each
apartment type should increase by $10 per unit and remain at those levels for the remainder of
the year. Ten studios were leased three months ago for $500, 20 one-bedroom units were leased
two months ago for $580, and 10 two-bedroom units were leased last month for $805. All other
units have been leased recently at current rents. All of the previously leased units also are on
12-month leases. When those leases roll over, all are expected to be renewed at market rents
upon rollover for an additional 12 months. Presently, 4 studios, 6 one-, and 6 two-bedroom units
are vacant. This vacancy pattern should remain the same for the remainder of the year.
Autumn Seasons anticipates that during the coming year, it will earn other income from
laundry facilities, the awarding of an exclusive cable TV contract, parking, plus fees from net
deposits, late fees, and so on of $200,000. Autumn Seasons expect to pay total turnover and operating
expenses of $400 per month, per occupied unit during the next year. However, it expects to
recover some of these expenses for heating and central cooling that it provides to tenants in an
amount totaling $100 per month, per occupied unit. During the next year, it is also anticipated that
$100,000 will be required for recurring, make-ready expenses (carpet, paint, drywall repair, etc.),
and another $250,000 will be required as an allowance for nonrecurring items including parking
lot repairs, and so on. A total of $10,000 in fees will be paid to Apartment Locator Services, a
company that provides marketing services and finds new tenants for Autumn.
a. Prepare a statement of operating cash flow (NOI) for the coming year.
b. Add to the (a) anticipated outlays for nonrecurring items and commissions. What will be net
cash flow for the coming year?
a. The statement of operating cash flow (NOI) for the coming year is as follows:
Net Operating Income (NOI):
Total Rental Income = (40 studios * $550) + (80 one-bedrooms * $600) + (80 two-bedrooms * $800)
= $22,000 + $48,000 + $64,000
= $134,000
Other Income = $200,000
Total Operating Income = Rental Income + Other Income
= $134,000 + $200,000
= $334,000
Total Operating Expenses = Turnover and operating expenses + Heating and cooling recovery + Recurring make-ready expenses
= (200 units * $400) + (200 units * $100) + $100,000
= $80,000 + $20,000 + $100,000
= $200,000
Net Operating Income (NOI) = Total Operating Income - Total Operating Expenses
= $334,000 - $200,000
= $134,000
b. Net Cash Flow for the coming year:
Nonrecurring Items = $250,000
Commissions = $10,000
Net Cash Flow = Net Operating Income - Nonrecurring Items - Commissions
= $134,000 - $250,000 - $10,000
= -$126,000 (Negative)
The net cash flow for the coming year is -$126,000, indicating a negative cash flow. Autumn Seasons is projected to experience a net cash outflow due to higher nonrecurring expenses and commissions compared to the net operating income.
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Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
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