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Natalija [7]
3 years ago
13

Mini Mart suspects that Junior is stealing candy. The next time Junior comes into the store, the manager at Mini Mart detains Ju

nior in the store’s office until the police can come to investigate. What will happen to the Mini Mart manager?
Business
1 answer:
max2010maxim [7]3 years ago
3 0

Answer:

The mini mart manager actually doing the right thing.

But The police still come and ask for the proof from the managers for the basis of the accusation

Explanation:

Most states in united states allowed Business establishment to legally detained the people who they suspect to be stealing. This action is protected under the probable cause.

But , there are several requirements that the business onwer needs to follow:

- They shall not intentionally harm the suspects

- They shall not publish the information about the case to the public unless the court determine that the suspect is guilty.

- The basis of the detain must be reasonable.

In the case above, the police will most likely come and ask the manager to provide proof. (usually by looking at the camera footage in the store or witnesses) . If the police believe the proof to be sufficient,  the suspect will be processed accordingly.

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2. Do you recognize any of the entrepreneurial personality characteristics in yourselves?
hoa [83]

Answer:

The Entrepreneurial personality trait i have is <em>Risk Taking. </em><em> </em>And Yes, one can develop such characteristics.

Explanation:

As of now, I have recognized that I am a <em>Risk Taker, </em>which is an essential trait to be an entrepreneur. Because there would be lots of hurdles in the way, and I would be required to make quick decisions for impose great risk for me and I like to take that.

Developing characteristics:

  1. Decision Making.
  2. Planning.
  3. Open Mind.
  • These entrepreneurial personality traits I believe can be developed. Because there is a study which tells that to learn something new it requires 10000 hours, so, it's really not a rocket science, and only practice is required.

To learn decision making, one needs to take decisions often, he will surely fail but then that's what it is about taking risk being confident.

4 0
3 years ago
Suppose that you have the option to buy the car with a 3 year car loan or lease the car during the same period of time. The 3 ye
Len [333]

Missing Question Data:

The question was missing the total amount of loan taken. I have found the question online and the missing data is added below.

Explanation:

DATA:

Car Loan = $15000

Interest Rate (annual) = 7% = 0.07

Interest Rate (monthly) = 0.07/12 = 0.00583

Loan Life = 3 years

Period (monthly) = 3*12 = 36

Investment Rate (annual) = 4% = 0.04

Investment Rate (monthly) = 0.04/12 = 0.00333

Salvage value after 3 years (PV of Salvage Value) = $5000

Lease Down Payment = $3000

Lease Monthly Payment = $350

<h3>First, we consider the option of Buying on Loan</h3>

Car Loan - Salvage Value(PV) = 15000-5000

Car Loan - Salvage Value(PV) = $10000

<h3>For the option of Leasing the Car</h3>

Sum of monthly lease payments for the total period will be,

Sum of Installments (FV) = 350 * 12 = $12600

We know that,

PV\;=\;\frac{FV}{(1\;+\;r)^{n}}\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;(here\;n\;=\;4\%\;=\;0.00333)

Sum of Installments (PV) = \frac{12600}{(1\;+\;0.00333)^{36}}

Sum of Installments (PV) = $11178.76

Total Lease Payment = Down Payment + Sum of Installments (PV)

Total Lease Payment = $3000 + $ 11178.76

Total Lease Payment = $14178.76

As we can see that total investment for Loan option is lower than that of Lease option, hence taking Loan is the best choice.

3 0
3 years ago
Your local minister has spoken to you about his retirement plans. Which account would he probably be discussing?
Gala2k [10]
401(k) plans<span> which are offered by for-profit companies, 403(b) plans are only available to employees of tax-exempt organizations. These are usually either schools, hospitals or religious groups. The names simply refer to the section of the tax code that outlines these plans. So Hopefully, He may go with 401k</span>
4 0
3 years ago
Cutter Enterprises purchased equipment for $72,000 on January 1, 2021. The equipment is expected to have a five-year life and a
maxonik [38]

Answer:

$19,200

Explanation:

Given

Cost of equipment =  $72,000 Date of purchase = January 1, 2021.

Useful period =  5 years

Residual value = $6,000

Annual depreciation using straight line method

= ($72,000 - $6,000)/5

= $66,000/5

= $13,200

Annual depreciation using the double declining method

= $13,200 * 2

= $26,400

By December 31, 2022, 2 years depreciation would have been computed on the asset, hence

Book value at December 31, 2022 =  $72,000 - 2($26,400)

                   = $72,000 - $52,800

                   = $19,200

4 0
3 years ago
Assuming that total dividends declared in 2017 were $64,000, and that the preferred stock is not cumulative but is fully partici
myrzilka [38]

Answer:

$40,235

Explanation:

Dividend distributed to preferred share is based on the predetermined rate associated with these share. When the dividend is declared preferred share dividend is paid first. The remainder is distributed between the common stockholders.

Dividend Declared = $64,000  

Preferred Dividend = $100,000 x 7% = $7,000

Participation

Preferred Shares = $100,000 / $20 = 5,000 shares

Common shares = 12,000 shares

Total Shares = 12,000 + 5,000 = 17,000 shares

on Pro-rata basis

Participation dividend to preferred stockholder = ($64,000 - $7,000) x 5000 / 17000 = $16,765

Dividend to common stock holders = $64,000 - $7,000 - $16,765 = $40,235

5 0
3 years ago
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