A corporation has issued $20,000,000 of 7%, 15 year, $1,000 par, convertible debentures, convertible at a ratio of 32:1. The bond is currently trading at 105, while the company's common stock is at $35. Which statements are TRUE?

Answers

Answer 1

Answer:

C) II and III

II For an immediate profit, the common shares should be sold short and the equivalent number of bonds purchased III An arbitrage opportunity exists between the price of the convertible and the price of the common

Explanation:

Currently the stock is trading at $35 and the parity price is $32.81 (= market price of bond / conversion ratio = $1,050 / 32 = $32.81), that means that the stock is trading at a premium to parity THIS IS AN OPPORTUNITY FOR ARBITRAGE.

You can make a profit if you SELL SHORT 32 shares at $35 per share = $1,120 and immediately buy 1 bond at $1,050. Then convert the bond into 32 common shares and you will make a $70 profit (= $1,120 - $1,050).


Related Questions

Compare the concept of a modern supply chain with more traditional distribution channels. Be specific regarding similarities and differences.

Answers

Final answer:

The concept of a modern supply chain can be compared to more traditional distribution channels in terms of similarities and differences. Both aim to deliver goods to consumers, but modern supply chains rely on technology, integration, and globalization to improve efficiency and expand globally.

Explanation:

The concept of a modern supply chain can be compared to more traditional distribution channels in terms of similarities and differences. Both modern supply chains and traditional distribution channels aim to deliver goods from producers to consumers. However, there are several key differences between the two.

Technology: Modern supply chains heavily rely on technology, such as advanced logistics software and automated warehouse systems, to track and manage inventory, streamline processes, and improve efficiency. Traditional distribution channels, on the other hand, often rely on manual processes and paper-based documentation.Integration: Modern supply chains are highly integrated and interconnected, with various stakeholders collaborating and sharing information in real-time. This allows for better coordination, faster response times, and improved visibility throughout the supply chain. In contrast, traditional distribution channels may involve multiple intermediaries, such as wholesalers and retailers, leading to slower and less efficient processes.Globalization: Globalization has significantly impacted modern supply chains, enabling companies to source materials and components from different countries and reach customers worldwide. This has increased complexity and the need for effective international logistics management. In comparison, traditional distribution channels were predominantly local or regional in nature.

In summary, while both modern supply chains and traditional distribution channels aim to deliver goods to consumers, modern supply chains leverage technology, integration, and globalization to improve efficiency and expand operations globally.

Which of the following terms describes making false statements about the financial condition of any insurer that are intended to injure any person engaged in the business of insurance?

Answers

Answer:

The answer to this question is Defamation

Explanation:

Defamation refers to any statement (Whether written or verbal) that is untrue and injurious  to any of the parties involved in the insurance business.

A statement is said to be a Defamatory statement if it is false especially regarding the financial condition of the insurer.

Identifying defamatory statement

Statements must be untrue it must be capable of causing damage of injury to person or business.

In a university setting, each student is paired with another student for the purpose of getting assignments and turning in work for the other if he is out of school for any reason. This is a _____ relationship. Group of answer choices one-to-one binary one-to-many binary many-to-many binary one-to-one unary one-to-many unary

Answers

Answer:

one-to-one Unary

Explanation:

It is one-to-one binary  relationship because one student is grouped with one student only. Unary because they have the same relationship in the university  and share the same class and learning procedures.

In binary relationships there are various entities for example in this situation if the university or colleges were different then it would have been binary .

In the given question only one student is teamed up with one student therefore it is one to one not one to many.

An act passed by Congress aimed at promoting financial stability improving accountability and transparency in the financial system:____________

Answers

Answer: Protects taxpayers through ending bailouts and aid consumers out of harsh financial services practices by financial institutions.

Explanation: The role of the government is to protect its citizens by setting up enactment that will improve their lives.

Financial acts that promotes financial stability, improving accountability and transparency, will help the masses especially the taxpayers through ending bailouts and prevents the citizens to encounter financial services hardships.

Your friend hopes to expand her business to multiple locations. It would be best for her to create a1. limited liability company.2. sole proprietorship.3. corporation.4. partnership.

Answers

Answer:

3. Corporation

Explanation:

In a corporation form of business, the corporation is viewed as a separate legal entity and a corporation can have many divisions and branches which means it's geographical reach is better than any other forms of business such as proprietorship or partnership.

A Corporation also has better access to raising funds and it's capital is divided into stocks.

Apart from above, the taxation process for a corporation also differs from other forms

Thus, for someone who desires to expand business and reach out to more customers spread over different geographical locations, corporation form of business is recommended.

If a city government spends a good deal of money on crime prevention and also on infrastructure maintenance, then spending even more money on crime prevention should result in ______.a. significant gains in infrastructure maintenance. b. relatively small gains in crime prevention. c. significant gains in crime prevention.

Answers

Answer:

B. Relatively small gains in crime prevention

Explanation:

b. relatively small gains in crime prevention

Because city government is already spending a good deal of money increasing the amount will have a relatively small effect on crime prevention. Rather it would be wise to spend optimally allocating sufficient amount to both infrastructure and crime prevention.

The management of warby parker believes that its operations must be grounded in

Answers

Answer:

Warby Parker is an eye glass manufacturing company, that manufacturers designer glasses that are cost effective. The management of Warby Parker believes that it's operations must be grounded in Cooperate Social Responsibility

Explanation:

Warby Parker is an eye glass manufacturing company, that manufacturers designer glasses, that are cost effective. The management of Warby Parker believes that it's operations must be grounded in Cooperate Social Responsibility

Final answer:

Warby Parker's operations are anchored in understanding industry psychology and values, striving for a better world, maintaining a harmonious structure, and aligning with their vision, mission, and values.

Explanation:

The management of Warby Parker believes that their operations must be grounded in a framework where understanding the psychology and values driving the industry is crucial, acknowledging the potential for the world to become a better place through their efforts.

Not only does this suggest a strong alignment with the company's vision, mission, and values, but also reflects a commitment to maintaining a harmonious structure within their operations.

Additionally, the importance placed on adhering to these principles is highlighted by the fact that employees are expected to honor this consistent organizational frame of reference as a condition of their employment, as demonstrated by Vining's approach to valuing her employees' beliefs in their success and transparent expectations.

Marketing by a service firm to effectively train and motivate its customer-contact employees and all the supporting service people to work as a team to provide customer satisfaction is called ___________________ marketing.

Answers

Answer:

Internal

Explanation:

As the name implies, internal marketing is one in which a service firm trains employees in a product's company and its customers' contact to ensure maximum customer satisfaction. Internal marketing means that every member of staff is involved in marketing  and not just the marketing department of the firm.

Cheers.

The weighting of the factors that search engines use to decide which URLs appear first on searches for a particular search term is called data indexing.A. TrueB. False

Answers

Answer:

False

Explanation:

Data indexing involves storing data in such a way that it can be easily retrieved when needed.

When a search engine indexes and stores data, such data is then made available on a search engine results page when a user searches for a particular term on the search engine.

However, data indexing does NOT rank how URLs appear on user searches.

A flower shop makes a large sale for $1,500 on June 30. The customer is sent a statement on July 5 and a check is received on July 10. The flower shop follows GAAP and applies the revenue recognition principle. When should the $1,500 be recognized

Answers

Answer:

June 30

Explanation:

As per the revenue recognition principle, the revenue is recognized when it is earned or realized that means service is performed but the payment is not made at the time of providing the service.

It is not get impacted when will be the cash received.

So, in the given case, the large sale is made on June 30 and on June 30 the revenue would be recognized.

ABC Inc. company, founded by three women who met in college, has recruited talented people since its inception. It now employs approximately 350 people. Once a month a meeting is held where anyone can present new ideas to management. Coming out of these meetings, presenters have 30 days to work on a proof of concept or prototype, after which management makes a decision to pursue an idea company-wide or drop it. If an idea is selected, the individual(s) who presented the ideas receive a cash bonus. Based on this information, what kind of company is ABC Inc.?

Answers

Final answer:

ABC Inc. is an innovative, progressive company with a culture that encourages and rewards employee contributions and new ideas.

Explanation:

Based on the information provided, ABC Inc. appears to be a progressive and innovative company that values creative thinking and participation from its employees. With a strong focus on collaboration and employee engagement, it adopts a model where new ideas are encouraged and rewarded. The practice of holding monthly meetings for idea pitches, followed by a supportive process for proof of concept development, suggests that ABC Inc. aligns with a modern, employee-centric corporate culture that fosters innovation and may be structured around a flat or matrix organizational model.

Implementing a system of independent checks is one of the most effective ways to deter fraud. Which one of the following is NOT a wayof providing independent checks on employees?A)Employee transfersB)AuditsC)Mandatory vacationsD)Single endorsement on checks

Answers

Final answer:

Implementing a system of independent checks is an effective way to deter fraud. Single endorsement on checks is not a way of providing independent checks on employees.

Explanation:

Implementing a system of independent checks is an effective way to deter fraud. However, single endorsement on checks is NOT a way of providing independent checks on employees.

Employee transfers can help provide independent checks by moving employees to different departments or roles, reducing the risk of collusion. Audits involve reviewing financial records and processes to identify potential fraud or errors. Mandatory vacations require employees to take time off, allowing others to review their work and detect any irregularities.

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Final answer:

Among the listed options, a single endorsement on checks does not provide an independent check in a business system. It does not add independent oversight or verification, thus is less effective in deterring fraud.

Explanation:

Independent checks are useful measures placed within a business system to help prevent and detect fraudulent activity. These can include actions like employee transfers, regular audits, and enforcing mandatory vacations to prevent any single person from having control over certain processes or funds for an extended period. However, having a single endorsement on checks is not an example of an independent check. This practice does not add a layer of oversight or independent verification, thereby making it the least effective deterrent against fraud among the choices given. A dual or multiple endorsements system is more effective as it demands the approval of more than one authorized person to validate transactions, thus reducing fraud risk.

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In an analysis of the market for paint, an economist discovers the facts listed below. State whether each of these changes will affect supply or demand, and in what direction. a. There have recently been some important cost-saving inventions in the technology for making paint. b. Paint is lasting longer, so that property owners need not repaint as often. c. Because of severe hailstorms, many people need to repaint now. d. The hailstorms damaged several factories that make paint, forcing them to close down for several months.

Answers

Answer:

A) Rightward shift of the supply curve. When a company is able to produce its goods at a lower cost, the whole supply curve sill shift to the right. This can be accomplished through a new technology or a decrease in the price of inputs.

B) On the short run, the quantity demanded of paint will increase, since a better product usually means higher demand, so the demand curve will shift to the right. But on the long run, the quantity demanded for the product will decrease since the customers will not need to paint their houses as often as before, shifting the demand curve to the left.

C) This will shift the demand curve to the right, increasing the quantity demanded at every price level.

D) This will definitely reduce the quantity supplied and shift the supply curve to the left. It has a similar effect to a cost increase. This shift will last until the factories start producing again.

Organizations using information systems to deal with competitive forces lose customers to new entrants Unselected keep the prices of their products high Unselected tighten linkages with suppliers and develop intimacy with customers Sure I AM SURE use manual labor for routine processes?

Answers

Answer:

Tighten linkages with suppliers and develop intimacy with customers.

Explanation:

1. Organizations should tighten linkages with Suppliers

Organizations should maintain good business relations with the suppliers. This can be done by ensuring them longer term business i.e. continously purchasing raw material and other items from them.

2. Organizations should develop intimacy with customers

This can be ensured by better and effective communication with the customers. This will provide room for products improvement and enable greater customer loyalty thereby.

Hence, organizations using information systems should tighten linkages with suppliers and develop intimacy with customers in order to deal with competitive forces.

In the circular flow model _______.
a. goods markets provide for the transfer of money and labor markets provide for the transfer of inputs.
b. resource markets provide for the goods and services and product markets provide for the exchange of exchange of labor.
c. labor markets provide for the transfer of money and goods markets provide for the transfer of inputs.
d. resource markets provide for the exchange of labor and product markets provide for the exchange of goods and services.

Answers

Answer:

In the circular flow model, goods markets provide for the transfer of money and labor markets provide for the transfer of inputs.

Explanation:

The liquidity of money in goods markets is kept unhindered by the flow of goods, as a result of which, the transfer of money keeps happening. On the other hand, the labor markets function as the source of necessary input that is required for the business to keep running. When both these markets work in synchronous, there is a circular flow of entities within the market.

Honda Motor Company is considering offering a $ 2 comma 000 rebate on its​ minivan, lowering the​ vehicle's price from $ 30 comma 000 to $ 28 comma 000. The marketing group estimates that this rebate will increase sales over the next year from 40 comma 000 to 55 comma 000 vehicles. Suppose​ Honda's profit margin with the rebate is $ 6 comma 000 per vehicle. If the change in sales is the only consequence of this​ decision, what are its costs and​ benefits? Is it a good​ idea? ​Hint: View this question in terms of incremental profits.

Answers

Answer:

It is a good idea

Explanation:

Without the rebate, the annual revenue to the company given a price of $30,000 and a volume of 40,000 vehicles

= 30,000 * 40,000 = $1,2 billion.

However, with the rebate, total annual revenue given a price of $28,000 and a volume of 55,000 vehicles, would be

= $28,000 * 55,000 = $1.54 billion.

Thus, the rebate results in a $340 million increase in revenue, and it is therefore a good idea.

The likely costs of the rebate may be a necessary increase in man hours and the attendance increase in labour cost as more workers are needed to produce the increased volume. Other direct costs of production may increase too.

The likely benefit, apart from the increase revenue identified above, is the likely increase in market share for the company.

The figures below depict the production possibilities frontiers (PPFs) for two people who can allocate the same amount of time between making pizzas and making stromboli.
A) Bo has a comparative advantage in the production of stromboli because her opportunity cost is lower.
B) Bo has a comparative advantage in the production of stromboli because her opportunity cost is higher.
C) Bo has a comparative advantage in the production of pizzas because her opportunity cost is lower.
D) Bo has a comparative advantage in the production of pizzas because her opportunity cost is higher.
E) Bo has a comparative advantage in the production of both pizzas and stromboli.

Answers

QUESTION:

The table below depict the production possibilities frontiers (PPFs) for two people who can allocate the same amount of time between making pizzas and making stromboli. Refer to this table to answer questions 3-4.

                           Bo                                                    Kenzi

          Pizza                 Stromboli                      Pizza                 Stromboli

            25                            50                             40                         20  

Answer: A -  Bo has a comparative advantage in the production of stromboli because her opportunity cost is lower.

Explanation:Production possibilities frontiers (PPFs) indicates the maximum output combinations of two goods or services an economy can achieve by fully using all available resources efficiently.

This means that,  if more of product A is produced, less of product B can be produced given that the resources and production technology remain constant.

Looking at the question above, Bo has a competitive advantage as Bo produces more of both pizza and stromboli than kenzi.

Answer:

A) Bo has a comparative advantage in the production of stromboli because her opportunity cost is lower.

Andy keeps his savings in a money market mutual fund, Been keeps his invested in U.S. savings bonds, and Charlie keeps his in a bank. Who is using direct finance?a. -andyb. =benc. -charlied. -all three

Answers

Answer:

B, Ben

Explanation:

Direct finance is a financing method in which a borrower borrows money directly from the financial market. This means that direct financing mainly does not involve any intermediary. There are some situations where a third party/intermediary involvement still counts for direct finance. but mainly, direct finance does not involve a third party. From the question, Ben is dealing directly with US saving bonds with is a part of the financial market is using direct finance. Banks, agents, etc are all intermediaries as they also contact the financial market to be able to sell securities or anything to the customer.

Cheers.

The model that focuses on the multiplicity of influences on health-related behavior (or the focus on complex interactions between individuals and their environment) is referred to as:

Answers

Answer:

Ecological Model.

Explanation:

The Ecological model underlies the multiplicity of the various levels of influences on health-related behaviors, which can be:

Intrapersonal factors: These are the personal factors that influence the individual's behavior, such as personality, beliefs and knowledge.

Interpersonal factors: Correspond to interaction with other individuals, who are responsible for creating barriers or supporting the development of healthy behavior and interpersonal growth.

Institutional and organizational factors: Policies, rules, formal and informal structures that may or may not promote healthy behaviors.

Community factors: Existence of social norms between groups, individuals or organizations responsible for improving or limiting healthy behaviors.

Public policy factors: These are the policies and laws responsible for regulating health practices for disease prevention.

Jon, a law enforcement official, monitors Kelsey's Internet activities—e-mail and Web site visits—to gain access to her personal financial data and student information. This may violate Kelsey's right to:A. EQUAL PROTECTIONB. PRIVACYC. DUE PROCESSD. ENGAGE IN INTERSTATE COMMERCE

Answers

Answer:

B. PRIVACY

Explanation:

Almost all of modern mobile and web apps enable that private information be used to offer additional functionality for their consumers.

However minimum security knowledge between programmers may enable such sensitive information to be treated inappropriately.

Violation of the privacy happens whenever confidential information reaches the server / database of the system and is obtained or exploited inappropriately by unauthorized perpetrators.

Jon is unauthorized to access Kelsey's data, in this case, e-mail and Web site visits, for his personal gain.

Jon, a law enforcement official, monitors Kelsey's Internet activities—e-mail and Web site visits—to gain access to her personal financial data and student information. This may violate Kelsey's right to privacy. The correct option is B.

It would probably be against the law to track Kelsey's online activities without her permission or the appropriate legal justification. The right to privacy refers to a person's ability to protect their private information and activities from unauthorized access or observation by third parties, such as law enforcement. In this case, it would be deemed an invasion of Kelsey's right to privacy for Jon to have gained access to her personal financial data and academic records without her consent or proper authorization.

Thus, the ideal selection is option B.

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A recent poll found that nearly _____ percent of people say that executives make decisions based primarily on advancing their own careers

Answers

Answer:

95 %

Explanation:

A recent poll found that nearly 95 percent of people say that executives make decisions based primarily on advancing their own careers.

And the reasons are obvious. As per executives perspective everyones looks for their benefit first in corporates. So, there are no wrongs in this. As per other employees their opinion may be partly true and party due to human envy mind.

Incentive Contracts (both Cost & Fixed Price Types) provide a method for adjusting the contractor's profit or fee, and establishing the final contract price by using a formula based on the relationship of final negotiated total cost to total target cost. A. True B. False

Answers

Answer:

True

Explanation:

The statement is correct that Incentive Contracts (both Cost & Fixed Price Types) provide a method for adjusting the contractor's profit or fee, and establishing the final contract price by using a formula based on the relationship of final negotiated total cost to total target cost because in project management a contract is said to be incentive based when the owner has promised to make additional compensation to the contract price if in the course of the contractor's execution, events trigger a higher compensation; which could be as a result of cost, delay in time schedule, increased quality, and higher safety standards than those originally prescribed in the contract terms and conditions.

Which of the following concepts recognizes that managers must use their judgment to ensure that the cost of control does not exceed the system's benefits or the risks involved?
a) risk assessment
b) reasonable assurance
c) security policy
d) security versus privacy

Answers

Security policy think so

ANSWER ASAP!!!
Create a balance sheet for the opening day of your company in the format below. Use your best estimates, but it doesn't have to be exact. Keep the section headings (Assets, Liabilities, and so on), but replace the specific information with your company's information. (4.0 points)

Answers

Answer:

See explanation section below

Explanation:

A balance should like the following format (Using hypothetical data)

"XXX" Company < The name of your company

Balance Sheet

As of December 31, 2019 < It should be the opening day of 2020 of your company

Assets

Current Assets

Cash                              XXXXX

Accounts Receivable     XXXX

Supplies                          XXXX

Inventory                         XXXX

Prepaid expenses            XXX

Accrued revenues           XXX

Total current assets (Add cash to accrued revenues to get total current assets)

Non-current assets (Fixed assets)

Tangible assets (Equipment, building, land, and machine)

Less: Accumulated depreciation - tangible assets

Intangible assets (Goodwill and patent)                          

Less: Impairment

Total Non-current assets (Fixed assets)

Total assets (Add total current assets and non-current assets)

Liabilities and Stockholders' equity

Current liabilities

Accounts payable

Unearned revenue

Bank Overdraft

Accrued expenses

Salaries/wages/interest payable

Total current liabilities

Long-term liabilities (Notes payable, bonds payable)

Total liabilities

Stockholders' equity

Common stock

Retained earnings

Total stockholders' equity

Total Liabilities and Stockholders' equity

This is how we can build up a balance sheet

last year Nowitzki inc. entered into an agreement with Duncan partners, an investment bank. At the time of issue, Duncan Partners has agreed to purchase all offered shares from Nowitzki and then try to sell all shares in the primary market. what kind of arrangement is this an

underwritten agreement

or

a best efforts arrangement

Answers

The answer is a best efforts agreement

A client with a hip fracture is returning to the orthopedic unit, and the orders indicate that the client should be turned by logrolling. Which statement regarding logrolling is correct?

Answers

Answer:Use a draw sheet or a friction reducing sheet to facilitate smooth movement

Explanation: LOGROLLING is a term used in the field of Medical surgery,where a patient who has a fracture and has the fracture,it is used to ensure that the patient does not feel a lot of discomfort or further pains or injuries when you want to move the patient. This process usually involves two or more persons for it to be very effective. During the LOGROLLING process the patient is moved with support given by the persons available holding the person's head to Prevent movements and the arms by the side or crossed to prevent movement till the desired position is reached,during this process a draw sheet or friction reducing sheet can be beneficial.

Lee Sun's has sales of $3,450, total assets of $3,150, and a profit margin of 6 percent. The firm has a total debt ratio of 42 percent. What is the return on equity?

Answers

Final answer:

The Return on Equity (ROE) for Lee Sun's is roughly 11.33 percent. It's computed by multiplying the Return On Assets (6.57%) with the equity multiplier (~1.7241).

Explanation:

The question involves determining the Return on Equity, which is a measure of a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested. We could start solving it by employing the formula for Return on Assets (ROA), that is, Net Income divided by Total Assets. We know that the profit margin is 6 percent, therefore the Net Income could be calculated as $3,450 multiplied by 6 percent (0.06) which equals $207. The total assets given are $3,150. Therefore ROA equals $207 divided by $3,150, which is approximately 0.0657 or 6.57 percent.

We also need to employ the equation to find the equity multiplier, which is 1 divided by (1 minus the total debt ratio). The total debt ratio given here is 42 percent (0.42), so the equity multiplier would be 1 divided by (1-0.42), which is roughly 1.7241.

The Return On Equity (ROE) is calculated by multiplying the Return On Assets (ROA) by the equity multiplier. Therefore, ROE would be 6.57 percent times 1.7241 which equals approximately 11.33 percent.

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The ISO 9000 perspective on quality is that quality is basically defined by: Select one: a. senior management b. customers c. project sponsors d. project managers

Answers

Answer:

Option "A" is the most appropriate answer to the following  statement.

Explanation:

The ISO 9000 is a  quality management program that defines rules for organizations to ensure that they maintain the proper requirements of consumers and other key stakeholders within a product or service-related legislative and regulatory criteria.

The seven concepts of quality assurance are:

1-Consumer Awareness

2-Leadership

3-People Relationship

4-Process Strategy

5-Improvement

6-Evidence-based

7-product Control.

Answer:
Quality management

Explanation:

PLATO

Tom is an advertising executive at a car company. Before beginning work on a video advertising campaign for a new economy car, he creates key performance indicators for the campaign. What's Tom defining?
A) Marketing objectivesB) Media objectivesC) Business objectivesD) Campaign metrics

Answers

Answer: Media Objectives.

Explanation:

Media objectives are the goals set ahead of a business media outreach where, the amount of consumers to be reached and the expected reaction of the consumers to media adverts are determined beforehand. Tom's performance indicators for his firm's media campaign, are part of the media objectives he seeks to achieve.

What company has always promptly removed any content at the request of corporate copyright owners, but it has also pursued extensive revenue-sharing projects with those same companies.

Answers

Answer:

Youtuuube, or Alphabet to be more precise.

Explanation:

Youtuuube is constantly under fire for copyright infringement, you can find movies, TV series, sitcoms, cartoons, music, etc., on Youtuuube, but if the copyright holder requests that the content is removed, they will do it fast. On the other hand, Youtuuube is not necessarily a business partner for many copyright holders, but they cannot live without it.

Remember how powerful Howard Stern was on New York's radios, and how the singers or groups had to comply with his extravagant demands in order to included in his show? Youtuuube would be somewhat of a polite and well educated Howard Stern. Studios and record companies do not like Youtuuube, but they cannot survive without it either.  

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If AB < AC< CB in AABC, then which of the following is true?OmLA OmZCmZCmLA Which scenario is an example of external pressure to use drugs Definition of alliance The GART, a gene which is involved with Down syndrome, is found toward the bottom of chromosome 21. This is an example of a ________. how does artificial selection benefit the environment Read the speech and answer the question. Voluntourism: An Opportunity Too Good to be True A Speech to the Student Body of Evergreen High [1]Picture this: It's Spring Break, and you fly off to some country where there's lush rainforests and beautiful, blue coastlines to explore. There's also people in need, so you decide to blend your vacation with volunteering. Volunteering as a tourist, or voluntourism, seems like a great way to explore new regions and help people at the same time. However, this "volunteer plus travel" experience can actually harm local communities. While many teens might view traveling and volunteering abroad as a worthwhile adventure, there are more genuine and effective ways to make a difference. [2]Most would agree that volunteering in general is a worthy use of time. However, what if you found out the children you are "helping" are actually being kept in poor conditions so voluntourists will spend money to come to the local area? Dale Rolfe, a supporter of ethical voluntourism, explains the shocking reality that "Animal sanctuaries and orphanages are often manufactured for the voluntourist...encouraging a cycle of exploiting the very animals and children the volunteers are trying to help." [3]Proponents of the "volunteer plus travel" experience also argue that traveling to new places builds character and is a valuable way to learn about different cultures. With voluntourism, however, participants often pursue experiences that are all about them. For example, they sign up to build a school for a gold star on their resume, but they have no real building skills and take jobs away from local construction workers (Schulten). Or, they arrive to teach English but instead take selfies with the locals. One world traveler and ethical voluntourist believes voluntourism "can perpetuate small minded views of the world by taking insulated, fake, and structured experiences and selling them as unabridged and eye opening" (Carlos). The voluntour experience is a mirage. The voluntourist's eyes are not opened to real life at the destination, and lasting change is not achieved. [4]If you want a genuine experience where you can see a lasting impact, there are better options than voluntourism. You can volunteer in your local community. Give an hour every week to your town's animal rescue. Serve monthly dinners to the homeless. Be a reliable, positive influence on a child who needs a mentor. Studies show that volunteering and forming lasting relationships with those you help has a positive impact on your physical and emotional health. In fact, blood pressure is reduced, memory is improved, and rates of depression are reduced (Michaels). [5]There is another reason to look into alternatives to voluntourism. Did you know the average "voluntour" travel package costs $3,400 (Rolfe)? Could that travel money be better spent? If the world's citizens are your passion, it could go to an international organization. If you care about education, your funds can be used to buy books for students in faraway lands. If you want villagers to have clean water, contribute funds to local efforts to dig wells. If you want to experience a different culture, travel to the country as a guest, and learn from the locals how you can best help them after you've returned home. But do not voluntour. [6]In reality, there are better ways to make a difference. Voluntourism might appear to be an adventure that blends travel and helping others, but it does little except provide a costly, superficial experience that might actually do more harm than good. So, volunteer where you are most needed-at home, where you can stay to see the job through and form genuine, lasting relationships. Choose a beautiful coastline closer to home and send the travel money you saved to an international organization that will put it to good use. Whatever you do, don't turn someone else's hardship into your vacation. How does the speaker's metaphor of a gold star in paragraph 3 support the purpose of the speech?A) It challenges the audience to view voluntourism opportunities in a positive light.B) It confirms the idea that voluntourism experiences look good on a college or career resume.C) It emphasizes the selfish and superficial motivation behind voluntour opportunities.D) It highlights the generous contribution that voluntours make to the areas they visit. A student dissolves 3.9g of aniline (C6H5NH2) in 200.mL of a solvent with a density of 1.05 g/mL . The student notices that the volume of the solvent does not change when the aniline dissolves in it. Calculate the molarity and molality of the student's solution. Be sure each of your answer entries has the correct number of significant digits. X10 How do I enter a number in scientific notation? molarity = x10 molarity= Compare adding unlike fractions and adding like fractions -7x+y=-19;-2x+3y=-19 If you boil a sample of water, the steam that results will have: Select the correct answer below: less mass than the water more mass than the water the same mass as the water impossible to predict Juarez Company acquired $1,200 from the issue of common stock. Which of the following shows how this event will affect the companys accounting equation? The letters "NA" indicate that the component of the equation is not affected. Assets = Liabilities + Common Stock + Retained EarningsA. $1,200 = $400 + $400 + $400B. $1,200 = $1,200 + NA + NAC. $1,200 = NA + $1,200 + NAD. $1,200 = NA + $600 + $600 You decide to try Alexs response to glucagon. This test consists of injecting a high dose of glucagonintravenously and then drawing samples of blood periodically and measuring the glucose content ofthe samples. After the glucagon injection, Alexs blood sugar rises dramatically. Is this the responseyou would expect in a normal person? Explain Steam Workshop Downloader