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coldgirl [10]
3 years ago
7

John Montgomery Ward founded the first baseball players union to fight what practice(s) by baseball team owners? A. Salary caps

B. Baseball's reserve system C. Baseball's practice of selling players without the players receiving a share of profits D. All of these are correct. E. Salary caps and baseball's reserve system
Business
1 answer:
cestrela7 [59]3 years ago
8 0

Answer:

D. All of these are correct

Explanation:

John ohn Montgomery Ward was a first sports player who is a professional and baseball league.

Here the practices that should be considered by basketball team owners are as follows

a. Salary caps

b. Profit sharing is not considered

c. Reserve system of basketball

Hence, the correct option is D

Thus, all the options are correct

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In one of the case studies in the textbook, Albert Miano, the facilities supervisor for a popular magazine, submitted phony invo
olga nikolaevna [1]

<u>Answer: </u>Option B

<u>Explanation:</u>

In this case Alber Miano had created replica of the invoices and has forged the contractor's signature. The hours of the trade contractors work was changed slightly. Due to the failure of the internal controls Miano was able to indulge in fraudulent activities in a bolder manner.

Through an internal audit Miano's activities were found out by the auditor and the vice president. Then Miano accepted that he was guilty and only showed less than half the amount spent on tangible assets from the accumulated fraudulent activities for four years.

8 0
4 years ago
Why is cost price important in price determination?​
wlad13 [49]

Answer:

The cost price is the price you buy a product for. You need to compare the cost price to the selling price to know whether you got a profit or loss (did you make money or did you not).

If you don't know the cost price, you don't know whether you have a profit or loss. Of course everyone wants a profit (make money) so to determine a selling price the cost price is important.

6 0
3 years ago
Read 2 more answers
The price of gasoline is $2.50 per gallon at the closest gas station, but is only $2.30 per gallon at a gas station two miles aw
White raven [17]

Answer:

D

Explanation:

The opportunity cost is the cost that someone have when they decide to do something and not doing another thing. In this case, if she or he decides to go to the farther gas station the opportunity cost is in terms of time, because he or she could spend those minutes (from the actual position to the gas station) doing something else (for example, eating). Cost are also in terms of gas because the gas that he or she spent to go to that gas station, could be used to drive somewhere else.

8 0
3 years ago
Whindy Corporation, an S corporation, reports a recognized built-in gain of $80,000 and a recognized built-in loss of $10,000 th
mihalych1998 [28]

Answer:

Built-in gains tax is $13,020 .

Explanation:

The built-in gains tax is one levied against an S corporation that used to be a C corporation, or received assets from a C corporation.  

Here,

Gain= $80,000

Loss= $10,000

Holds= $8,000

Income= $65,000

Corporate tax= 21%

To calculate the built-in gains tax, we will need to calculate the net gain of the corporation and multiply it by the tax rate.

= Built-in-gain - built-in-loss - unexpired NOL

80,000 - 10,000 - 8,000 = 62,000

Then

62,000 x 0.21 tax rate = 13,020

= 13,020

4 0
3 years ago
Consumers determine value of the product on the basis of _______. a. perceived satisfaction b. the opportunity cost to buy the p
nekit [7.7K]

Consumers determine value of the product on the basis of the opportunity cost to buy the product.

Opportunity cost – in macroeconomic theory, the opportunity cost of one activity is the loss of value or benefit that would be incurred by engaging in that activity, in comparison to engaging in an alternative activity offering better return in value or benefit.

When the consumers calculate the value of product, they look at the benefits and then subtract the cost to see if the benefits exceed the costs.

Therefore the consumers determine value of product on the basis of opportunity cost to buy the product by doing cost benefit analysis.

Learn more about opportunity cost here

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7 0
2 years ago
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