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3 years ago

Explain the point of view of why the gender pay gap in sports is reasonable.

Business

1 answer:

Svetach [21]3 years ago

6 0

Answer:

In the world of sports, there is a notorious wage gap between men and women, in which male athletes earn much higher wages than women. Thus, for example, the best soccer player in the world, the Argentine Lionel Messi, earns about $ 100 million a year, while the best-paid female soccer player is the American Alex Morgan, who earns about $ 500,000 a year.

This huge gap has its logic in the world of advertising: men, due to physical and anatomical characteristics, have a better performance in sports in general (with some exceptions), with which their performance is more spectacular than that of female athletes, thus generating a larger audience and, therefore, generating higher advertising revenue. Because of this situation, that is, to generate higher income, it is that male athletes earn more money than female athletes.

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What is the present value of a perpetuity that makes annual payments of $10,000 at 4% compounded annually? (round your answer to

geniusboy [140]

Answer:

Present Value of Perpetuity is $25,000

Explanation:

Cash flow = $10,000

Interest rate / Yield = 4%

Present Value of Perpetuity = Cash flows / interest Rate or Yield

Present Value of Perpetuity = $10,000 / 4%

Present Value of Perpetuity = $10,000 / 0.04

Present Value of Perpetuity = $25,000

8 0

3 years ago

Smith Companypurchases components from three suppliers. Components purchased from Supplier A are priced at $5 each and used at t

Allisa [31]

Answer:

Smith Companypurchases components from three suppliers. Components purchased from Supplier A are priced at $5 each and used at the rate of 20,000 units per year. Components purchased from Supplier B are priced at $4 each and are used at the rate of 2,500 units per year. Components purchased from Supplier C are priced at $5 each and used at the rate of 900 units per year. Smith incurs a holding cost of 20 percent per year. Currently, Smithpurchases a separate truckload from each supplier. As part of JIT drive, Smith has decided to aggregate purchases from the three suppliers. The trucking company charges a fixed cost of $400 for the truck with an additional charge of $100 for each stop. Thus, if Smith asks for a pickup from only one supplier, it charges$500; from two suppliers, it charges $600, and from three suppliers, it charges $700. Suggest a replenishment strategy for Smith that minimizes annual cost.

Required:

Compare the cost of your strategy with Smith's current strategy of ordering separately from each supplier.

Explanation:

I don't know

7 0

3 years ago

How much money should be deposited annually in a bank account for five years if you wish to withdraw $3 comma 000 each year for

VMariaS [17]

Answer:

The five deposits will be for $ 1,263.360

Explanation:

at the given rate of 4%

we are going to do 5 deposits.

Then, after 5 years we subtract 3,000 dollar during 3 years:

First, we solve for the PV of tat annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 3,000.00

time 3

rate 0.04

$3000 \times \frac{1-(1+0.04)^{-3} }{0.04} = PV\\$

PV $8,325.2731

Then, we discount for the 5 years waiting period:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $8,325.2731

time 5.00

rate 0.04000

$\frac{8325.27309968139}{(1 + 0.04)^{5} } = PV$

PV 6,842.7676

Now, we solve for which annuity of 5 deposits generates that amount:

$FV \div \frac{(1+r)^{time} -1}{rate} = C\\$

FV 6,843

time 5

rate 0.04

$6842.76763180258 \div \frac{(1+0.04)^{5} -1 }{0.04} = C\\$

C $ 1,263.360

5 0

4 years ago

A loan is a sum of money that is borrowed from a financial institution and then paid back in______

ollegr [7]

Loans are sums of money that are expected to be paid back with interest or in full

5 0

4 years ago

Read 2 more answers

Starr Company reports the following information for August. Raw materials purchased on account $ 76,200 Direct materials used in

il63 [147K]

Answer:

1. Raw materials purchased.

Raw Materials Account $ 76,200 (debit)

Account Payable $ 76,200 (credit)

2. Direct materials used in production.

Work In Progress Account $48,000 (debit)

Raw Materials Account $48,000 (credit)

3. Direct labor used in production.

Work In Progress Account $15,350 (debit)

Wages and Salaries $15,350 (credit)

4. Applied overhead.

Work In Progress Account $18,360 (debit)

Manufacturing Overhead Account $18,360 (credit)

Explanation:

1. Raw materials purchased.

Raw Materials Account $ 76,200 (debit)

Account Payable $ 76,200 (credit)

Recognise the Assets of Raw Materials and a Liability - Account Receivable

2. Direct materials used in production.

Work In Progress Account $48,000 (debit)

Raw Materials Account $48,000 (credit)

De-recognise the Raw Materials used in production and recognise the cost in Work In Progress Account

3. Direct labor used in production.

Work In Progress Account $15,350 (debit)

Wages and Salaries $15,350 (credit)

Recognise the labor cost in Work In Progress Account and de-recognise the Wages and Salaries Account with the amount applied to production

4. Applied overhead.

Work In Progress Account $18,360 (debit)

Manufacturing Overhead Account $18,360 (credit)

De-recognise the Manufacturing Overheads used in production and recognise the cost in Work In Progress Account

4 0

3 years ago