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natta225 [31]
1 year ago
13

One possible solution to a diminishing Social Security payroll is to decrease the Social Security benefit by 13%. How would such

a decrease effect the benefits on a salary of $54,000
Business
1 answer:
Darina [25.2K]1 year ago
5 0

The benefit would decrease by $7,020 annually would be the answer.

According to the 2022 Annual Report of the Social Security Board, the surplus of trust funds paying severance, disability, and other social security benefits will be exhausted by 2035. This is a year behind what the Board of Trustees predicted in its 2021 report.

If you are less than the full retirement age and exceed your annual income limit, your benefits may be reduced. If you haven't reached full retirement age throughout the year, you will be deducted $ 1 from your benefits for every $ 2 you earn over your annual limit. For 2022, the limit is $ 19,560.

Learn more about Social Security payroll here:brainly.com/question/1156607

#SPJ4

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The excerpt most directly expresses an economic perspective that:.
eimsori [14]

Prioritized regional interests is the excerpt most directly expresses an economic perspective. Since the south already had rivers to carry products and they did not want to invest on roads and canals that would not help American.

<h3>What is economic perspective?</h3>

The application of the principles of optimizing behavior, demand, and supply to institutions and conduct in the political sphere is referred to as "economics from a political perspective."

Conservative economists, Progressive economists and  Radical economists are the three discipline of economics.

Thus, Prioritized regional interests is the excerpt that express economic perspective.

For further details about  economic perspective, click here:

brainly.com/question/22350874

#SPJ1

7 0
2 years ago
Prospective financial information presented in the format of historical financial statements that omit either gross profit or ne
stepladder [879]

Answer:

The correct answer is Partial presentation.

Explanation:

Having the minimum presentation guidelines, the financial statements may be converted to basic statements or otherwise adapted to certain guidelines. The presentation is considered partial if it does not take into account one of the following items: (1) gross sales or income, (2) gross profit or cost of sales, (3) unusual or infrequent items, (4) provision for income taxes, (5) discontinued operations or extraordinary items, (6) income from continuing operations, (7) net income, (8) basic and diluted earnings per share, (9) significant changes in financial position.

7 0
3 years ago
Trident Office is considering remodeling the office building it leases to Robert Roberts, CPA. The remodeling costs are estimate
mezya [45]

Answer:

$59,309

Explanation:

Years  Cash flow   PV Factor at 10%   Present value of cash flows

0         225,000                1.00000                    225,000

1          75,000                   0.90909                    68,182

2          75,000                  0.82645                    61,983

3          75,000                  0.75131                       56,349

4          75,000                  0.68301                      51,226

5          75,000                  0.62092                     <u>46,569</u>

Benefit of remodeling project                          <u>$59,309</u>

Note: Year 0 PV factor = 1/(1+10%)^0 = 1

4 0
3 years ago
Bobbi and Stuart are partners. The partnership capital of Bobbi is $41,400 and that of Stuart is $74,700. Bobbi sells his intere
Romashka-Z-Leto [24]

Answer:

c. John's capital account for $41,400

Explanation:

Based on this information it can be said that in this scenario the journal entry to record the admission of John as a new partner would include a credit to John's capital account for $41,400. This is mainly because even though Bobbi sold his interest for $63,900 his actual interest capital in the partnership was that of $41,400 .... meaning that John now holds a partnership capital of $41,400 and the Bobbi profited $22,500

4 0
3 years ago
"The company will pay a dividend of $15 per share 10 years from today and will increase the dividend by 5 percent per year there
statuscvo [17]

Answer:

Current Share price= $114.21

Explanation:

The Dividend Valuation Model is a technique adopted to detremine the value of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows that would arise from the asset discounted at the required rate of return (discount rate)

The model is premised on the concept of the time value of money. The idea that $1 today is not the same as $1 tomorrow. The $1 of today is worth more than that of tomorrow; because of the opportunity to earn interest. So to determine the worth of a future cash flow, we compute its worth today- its present value.

The Present Value of a future cash flow is the amount that needs to be invested today at a particular rate of return to equal the same cash flow in the future. Present value means the value in year 0 or now

The process of calculating the present value of a future sum is called discounting. So to calculate the current stock price in this question, we shall discount the future dividends using the required rate of return and then add them together.

So if an asset (e.g a stock) promises some cash flows in the future, those cash flows need to be brought to their present values and then be added to arrive at the value of the asset

In this question, the cash flows are the dividends as given and the rate of return (discount rate) is 15%

So we apply this model as follows:

Step 1 : PV of div from year 1 to 10  =  15× ((1-1.15)^(-10))/0.15)  =  75.282

Step 2:PV (in year 10)of div from year 11 onward=(15×1.05)/(0.15-0.05)=  157.5

Step 3:PV(in year 0) of div from year 11 onward =  157.5 × (1.15)^ (-10) =  38.93

Current Share price= $75.282 + $38.93 = $114.21

<em>Note:</em><em> step 3 is important because the the cash flows from year 11 onward were discounted to arrive at their values in year 10. Since we are interested in the current price i.e year 0 value, it is important that we re-discount again to bring them to their PV in year 0.</em>

8 0
3 years ago
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