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bulgar [2K]
2 years ago
8

identify each point as supporting either matthew desmond’s contention that eviction can cause poverty or the alternative argumen

t that it does not.
Business
1 answer:
MArishka [77]2 years ago
6 0

Eviction causes poverty was a statement that was made by Desmond in 2015 to support his claim that eviction isn't a consequence of poverty but rather, a cause.

You did not give the full information as you didn't provide the points. Therefore, an overview of Desmond's statement will be given.

According to Desmond, eviction is a cause of poverty, not a consequence of <em>poverty.</em> He stated that housing costs are increasing due to poor renting households and this places people at the risk of eviction.

He further stated that the risks of eviction has several negative health, economic, and housing outcomes.

Read related link on:

brainly.com/question/25441681

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Lloyd Inc. had sales of $200,000, a net income of //415,000, and the following balance sheet: Cash $10,000 Accounts Payable $30,
Anastasy [175]

Answer:

The firm's new quick ratio is  2.9

Explanation:

The current ratio is calculated as  

Current ratio = Current assets / Current liabilities

2.5 times = (Cash + receivables + Inventories ) / (Accounts payable + Other current liabilities)

2.5 = ($10,000 + $50,000 + Inventories) / $50,000

$60,000 + inventories = $125,000

Inventories = $65,000

Therefore, $85,000 worth of inventories were sold off.

If the funds generated are used to reduce the common equity that is by repurchasing the equity at book value.

Hence, the common equity amounts to $115,000

Calculating the ROE before the inventory is sold off:

ROE = Net income / Stockholder's equity

= $15,000 / $200,000

= 0.075 or 7.5%

Calculating the ROE after selling off the inventory

ROE = $15,000 / $115,000

= 0.13 or 13%

The firm's new quick ratio is

Quick ratio = (Current assets - Inventories) / Current liabilities

= ($210,000 - $65,000) / $50,000

= 2.9

3 0
3 years ago
Last year a country’s real GDP grew by 4%, it’s inflation rate was 2.5%, and it’s government budget deficit was about $250 billi
Arturiano [62]

Answer:

d. 3.85 trillion

Explanation:

Step 1: Given data

GDP = GDP grew by = 4% = 0.04

R = inflation rate was = 2.5% = 0.025

D = government budget deficit was = $250 billion

Step 2: Formula

X = debt at the start of last year

X = D / (GDP + R)

Step 3: Computation

X = 250 billion / (0.04 + 0.025)

X = 250,000,000,000 / 0.065

X = 3,846,153,846,153.85

Step 4: Convert to trillion

X = 3,846,153,846,153.85 / 1,000,000,000,000

X = 3.85 trillion

The correct option is d. 3.85 trillion

Hope this helps!

5 0
3 years ago
Mary’s Flower Boutique needs to ship finished goods from its manufacturing facility to its distribution warehouse. Annual demand
ElenaW [278]

Answer:

average annual transportation inventory for each alternative are 16.4383 , 5.4794,  27.3972

Explanation:

Given data

Annual demand A = 2000 flower

transit time t1 = 3 days

transit time t2 = 1 day

transit time t3 = 5 days

to find out

What is the average annual transportation inventory for each alternative

solution

we will apply here  average annual transportation inventory formula that is

average annual transportation inventory = t × A / 365

put the value t1 , t2 and t3 for annual demand 2000

so

average annual transportation inventory = t × A / 365

average annual transportation inventory = 3 × 2000 / 365 = 16.4383

and

average annual transportation inventory = t × A / 365

average annual transportation inventory = 1 × 2000 / 365 = 5.4794

and

average annual transportation inventory = t × A / 365

average annual transportation inventory = 5 × 2000/ 365 = 27.3972

8 0
3 years ago
Misty, Ibtihaj, and Taraji, all African Americans, work in the advertising department of a large cosmetics company with a multi-
motikmotik

Answer:

  It has broadened the marketing efforts to include a wider customer base which could improve sales.

Explanation:

Advertising to a broader customer base will both convince that larger customer base that the company has something to offer. For many, the obvious diversity awareness of the company will be an additional factor attracting increased sales and a more diverse hiring pool.

6 0
3 years ago
Maritza is trying to understand the relationship between what is legal and what is ethical. Tiffany explains that both of these
Lubov Fominskaja [6]

My response would be Tiffany is incorrect; a manager's actions can be legal but ethically questionable.

Ethics is a set of morals expected to be imbibed an followed by members of a particular profession. An action is considered legal if the action is in line with what is set forth is the laws set forth.

An action can be legal but not ethical but all ethical actions are legal. Consider a trader in a developing economy. In that country, there is no law prohibiting insider trading so it is legal to carry out insider trading. Even though it is legal, it is ethically wrong to conduct insider trading because a party would be advantaged to the detriment of other people.

Here are the options:

  1. Tiffany is correct; law and ethics are synonymous and should be used interchangeably in business.
  2. Tiffany is correct; whatever is legal is always ethical in business.
  3. Tiffany is incorrect; a manager's actions can be legal but ethically questionable.
  4. Tiffany is incorrect; there is no relationship between laws and ethics except when the board of directors approve an action.

To learn more, please check: brainly.com/question/13015186

6 0
2 years ago
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