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Nata [24]
2 years ago
11

Your soccer team remains undefeated and is preparing for the state playoffs. You happen to know and can prove that several playe

rs are using steroids to get bigger and stronger. If anyone found out about the players' steroid use, playoff eligibility would be taken away, as would the winning record the team currently holds. Would you blow the whistle on the team members using steroids? Why or why not?
Business
1 answer:
Veseljchak [2.6K]2 years ago
7 0
Yes I would sacrifice potentially winning the state title. Using performance enhancing drugs is both morally wrong, and illegal. If my team was to win states I would want it to be because we deserved it, not because players were taking drugs. Not only that, but the players who took the drugs could be causing a lot of harm to their bodies, something that isn't worth a title.
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ROI, Residual Income, and EVA with Different Bases Envision Company has a target return on capital of 12 percent. The following
lara [203]

Answer:

a. ROI = income / Assets      

                                      Book Value       Current Value    

Software Division              0.175              0.13    

Consulting Division           0.164              0.182    

Venture Capital Division   0.093            0.088

<u>Workings:</u>

i. Book value

Software Division = 12,250/70,000=0.175

Consulting Division = 16,400/100,000=0.164  

Venture Capital Division = 56,730/610,000 =0.093

ii. Current value

Software Division = 11,700/90,000=0.13

Consulting Division = 20,020/110,000=0.182

Venture Capital Division= 51,920/ 590,000=0.088

b. Residual income = Income - {Asset x Return on capital 12% }

                                      Book Value       Current Value    

Software Division              3850              900    

Consulting Division           4400              6820    

Venture Capital Division   -16470           -18880

<u>Workings:</u>

i. Book value

Software Division = 12,250-(70,000*12%)=3850

Consulting Division = 16,400-(100,000*12%)=4400  

Venture Capital Division = 56,730-(610,000*12%) =-16470

ii. Current value

Software Division = 11,700-(90,000*12%)=900

Consulting Division = 20,020-(110,000*12%)=6820

Venture Capital Division= 51,920-(590,000*12%)=-18880

c. Economic Value Added ( EVA ) = Net Income After Tax - ( Amount of Capital x Weighted Average Cost of Capital [WACC] )

C.                     Software Division  

                            (Value Base)  

                                    Book            Current

Sales                           100,000          100,000

Income                          12,250           11,700

Assets                           70,000          90,000

Liabilities                      10,000           10,000

Capital invested           60,000          80,000

(Asset - Liabilities)

Tax on Income(30%)     3675            3510

Income after Tax            8,575           8,190

(Income - Tax on

income) (A)

Capital invested             6,000           8,000

* WACC - 10% ) (B)

EVA (C)=(A)-(B)                2,575            190

                       Consulting Division

                            (Value Base)

                                     Book            Current

Sales                         200,000        200,000

Income                        16,400           20,020

Assets                         100,000        110,000

Liabilities                      14,000         14,000

Capital invested           86,000       96,000

(Asset - Liabilities)

Tax on Income(30%)     4920            6006

Income after Tax           11,480           14,014

(Income - Tax on

income) (A)

Capital invested           8,600            9,600

* WACC - 10% ) (B)

EVA (C)=(A)-(B)              2,880            4,414

                     Venture Capital Division

                           (Value Base)

                                   Book            Current

Sales                        800,000       800,000

Income                      56,730          51,920

Assets                       610,000        590,000

Liabilities                    40,000         40,000

Capital invested        570,000        550,000

(Asset - Liabilities)

Tax on Income(30%)    17019          15576

Income after Tax          39,711         36,344

(Income - Tax on

income) (A)

Capital invested           57,000       55,000

* WACC - 10% ) (B)

EVA (C)=(A)-(B)              -17,289       -18,656

8 0
2 years ago
What is the difference between a co-payment and co-insurance?
nikdorinn [45]

Answer: b. A co-payment is a flat fee for each service, and co-insurance is based on a percentage of the

costs incurred.

Explanation: i got it right on edge 2020

4 0
2 years ago
Read 2 more answers
Inventory is an _____ . asset expense none of the above
Natalka [10]

Answer:

Inventory is an Asset.

Explanation:

Inventory is an asset because when a company buys an asset, they are investing in it, because they will sell it and make revenue/profit from it.

8 0
2 years ago
Harrington Industries, which uses a process-costing system, had a balance in its Work-in-Process account of $68,000 on January 1
Murljashka [212]

Answer:

The question is missing the below options:

a) a debit to Cost of Goods Sold for $432,000.

b) a debit to Finished-Goods Inventory for $86,000.

c) a credit to Work-in-Process Inventory for $432,000.

d) a credit to Work-in-Process Inventory for $86,000.

e) a credit to Finished-Goods Inventory for $432,000.

The correct option is C,a credit to Work-in-Process Inventory for $432,000.

Explanation:

$432,000 would credited to Work-in-Process Inventory as that is the value of finished goods inventory in the period.The debit goes to the finished goods inventory as goods manufactured in the period.The $432000 is calculated thus:

Opening Work-in-Process $68000

Manufacturing costs           $450000

Closing Work-in-Process    <u>($86000)</u>

Finished goods                     <u>$432000</u>

8 0
3 years ago
Skip and Trace decide to start a business. They sign a partnership agreement providing that Skip will contribute $6,000 toward t
telo118 [61]

Answer: 50% of the profit and share equal management.

Explanation:

Since the agreement is silent as to management and profits, Skip should receive 50% of the profit and share equal management.

It should be noted that when profit sharing and the management related isn't defined, profits and management will be divided equally among the partners. Therefore, in this case, profit will be shared equally.

8 0
2 years ago
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