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WARRIOR [948]
3 years ago
15

1. What might most reasonably account for the differences in labor relations at the NFL and the NBA versus the MLS? Explain in d

etail.
2. Some people feel little sympathy for NFL and NBA players, given the large salaries most make. Others defend those salaries in part based on the likelihood of serious injury. What is your opinion?

3. Is Florida a right-to-work state? What are your personal opinions about this issue?

Answer ASAP and make sure the answer is Expert level. I will give you Brainiest and the bonus. Thank You
Business
1 answer:
Nookie1986 [14]3 years ago
5 0

2. Athletes Sacrifice a Lot

Professional athletes sacrifice important aspects of their lives, especially their health and family. For instance, during each season of any professional sport, there are away games that keep players from their families. More significant, though, is that players put their bodies in danger daily. Physical injury can leave professional athletes handicapped or disabled for the rest of their lives; NFL players who experience multiple concussions can suffer from progressive degenerative disease that causes dementia and depression.

Additionally, while most teenagers or college-age students spend their free time studying, working or hanging out, student athletes aiming to qualify for the pros spend all of their free time training. Thus, professional athletes’ salaries are a fair compensation for the countless time and energy they put into training and the huge health risks they take, especially considering that their careers typically end around the age of 35.

Franchise Players Sell More Tickets

Professional sports is a money-earning business. Sports teams know that to stay profitable they need to win, which is why they sign the best players available. Quality superstars, or “franchise players,” are the face of the team, the on-court leaders. They make their teammates better, thereby improving the whole team (think Tom Brady, Kevin Durant, etc.). This leads to more wins and, in turn, more viewers, more merchandise sold and increased brand worth. Usually, a team has one franchise player, who makes a huge salary, arguably more than his projected value, since he drives the team’s business profitability forward.

The amount of money that team owners are willing to pay franchise players often comes at the expense of the other players. However, with fans willing to pay more than 100% premiums on tickets to see individual players, like LeBron James, franchise players have extra responsibility to live up to their star power. They also have the celebrity effect, which draws more paying fans in. Therefore, they deserve to earn more.

Athletes Don’t Get Paid As Much As We Think

While the highest paid athletes draw more attention, the truth is that most athletes are fairly paid. Plus, we tend to forget that published professional athletes’ salaries are gross salaries. While these may seem huge, so are the deductions from them. Aside from federal, state and city taxes and pension, which everyone pays, players also need to pay agent fees, a $10,000 union due, and a Jock Tax for each of their away games, among others. Sure, their net salaries may be higher than ours, but they are still lower than we tend to think and much lower than what is published. For instance, Stephen Curry’s and LeBron James’s net salaries are “only” $15.2 and $16.7 million, respectively, which is much lower than the $34.6 and $32.8 million per year we all think they make.

Why they shouldn't be paid as much:

It Threatens the Future of Sports

In 2016, the average annual income for a US household was $57,617 while the average income of a professional athlete in the major leagues was between $2.1-$6.5 million. The rising gap between the average American’s income and a professional athlete’s income might pose a serious threat to sports. With ticket prices gradually rising, not to mention merchandise price tags, sports fans might feel resentful toward funding overpaid athletes. If so, they’ll stop paying to watch or support professional sports teams, leaving the industry in the lurch.

It Diminishes the True Meaning of Sports

The large amounts of money invested in professional sports in recent years has the potential to drain the true meaning from sports. Given athletes’ large salaries, more youngsters want to become professional athletes – but for the big money, not for the love of the game. This change in purpose has a negative impact on athletes’ ambition to play. Take Albert Haynesworth of the Washington Redskins. Once he signed a $100 million contract with a $44 million guarantee, he had his worst season ever; it seemed like he simply lost interest in the game. Professional athletes competing for money rather than for excellence will take the soul and magic out of sports, ruining it in the long run – for athletes and for fans.

3. Article 1, Section 6, of the Florida Constitution sets forth everyone's right to work in our state. This means that an employer cannot refuse to hire, or terminate you, just because you do not want to pay and participate in a union. ... You have a right to work which is unaffected by union membership.

I personally have nothing against this because I think it is something that benefits more than anything! Also, recent Gallup polling finds Americans support right-to-work laws by a 71 percent to 22 percent margin—better than 3 to 1. Independents support right-to-work laws 77 percent to 17 percent, Republicans support them 74 percent to 18 percent, and Democrats support them 65 percent to 30 percent.

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The current ratio includes at the of the following except :
Umnica [9.8K]

Answer: B i believe

Explanation:

7 0
4 years ago
Read 2 more answers
Excerpts from hulkster company's december 31, 2018 and 2017, financial statements are presented below: 2018 2017 accounts receiv
Rudik [331]

<u>Calculation of Hulkster's 2018 return on shareholders' equity:</u>


Return on shareholders' equity can be calculated with the help of following formula:

Return on shareholders' equity=  Net Income / Average shareholders' equity


Following information is available:

Net Income for the year 2018 =$41,500

Shareholders' equity 2018 = $252,000

Shareholders' equity 2017 = $231,000

Average shareholders' equity = (252000+231000) /2 = $241,500


Return on shareholders' equity for 2018 =  41500/241500 = 0.1718 =17.18%


Hence, Hulkster's 2018 return on shareholders' equity is <u>17.18%</u>







7 0
3 years ago
Hayward Company, a manufacturing firm, has supplied the following information from its accounting records for the month of May:
PIT_PIT [208]

Answer:

                 Hayward Company  

Statement of Cost of Goods Manufactured  

              For the month Ended May 31  

 

Raw Materials  

Raw material, beginning    $3,475

<u> Add:Purchases                     18,475</u>

Raw materials available    21,950

<u>Less: Raw material, end      9,500 </u>

Cost of raw material used    12,450

<u>Add: Direct labor                    10,500</u>

Prime Cost                            22,950

<u> Add:Manufacturing overhead         6,550 </u>

Manufacturing cost            29,500

Add: Work in process, beginning  12,500

<u>Less: Work in process, Ending    14,250 </u>

Cost of Goods Manufactured      $27,750

 

         Hayward Company  

Statement of Cost of Goods Sold  

      For the month Ended May 31  

 

 

Finished goods, beginning    $6,685

<u>Add: Cost of Goods Manufactured       27,075 </u>

Cost of goods available for sale            33,760

<u>Less: Finished goods, ending       4,250 </u>

Cost of goods sold                    $29,510

Explanation:

Cost of goods manufacture used to compute cost of goods manufacture for the period. It started from the raw materials beginning inventory then add the purchases of the raw materials including the handling cost to get the raw materials available. Then deduct the raw materials end to get the cost of raw material used for the period. Add direct labor to get the prime cost and then add manufacturing overhead to the prime cost to get the manufacturing cost. Lastly, add work in process beginning and deduct the work in process end to get the cost of goods manufactured.

In preparation of cost of goods sold, we start from the cost of goods manufactured we computed earlier and add the finished goods beginning to get the cost of goods available for sale. And from there we deduct the finished goods ending inventory to get the cost of goods sold for the period.

6 0
3 years ago
Which of the following would be a balanced set of measures for any given project?A. Input measures, process measures and output
Inga [223]

Answer:

A. Input measures, process measures and output measures

Explanation:

A project should have all of the following measures.

Input Measures

To ealuate the performance of the project we should measure the resource being used in the project.

Process Measure

In processing phase we should have controls over the resource to get the required output.

Output measure

We should measure the output that a process gives after processing on the resources being input in the process.

6 0
4 years ago
You observe the 12-month and 18-month zero coupon rates for U.S. Treasury securities are 1.95% and 2.25%, respectively. Assuming
borishaifa [10]

Answer:

semiannual 1.42%

yearly          2.85%

Explanation:

Those are annual rate so we need to determinate the 6-month rate

The annual rate times the semiannual rate will be equal to the 18 months rate

(1+0.0195)(1+r)=(1.0225)^{3/2}

\frac{1.0225^{3/2} }{1.0195} - 1 = r

r = 0.01416296  = 1.42%

If we want to express it annually:

1.0142^2 - 1 = r  = 2.85%

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6 0
4 years ago
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