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1 year ago

Which non-means-tested social welfare program in the united states takes up the largest share of the federal budget?

Business

1 answer:

Phoenix [80]1 year ago

7 0

The biggest and priciest social assistance programmes in America are Social Security and Medicare.

The Social Security Administration launched Medicare, a government-run national health insurance programme, in 1965. The Centers for Medicare and Medicaid Services presently oversees the programme.

The programme assists with the cost of healthcare, although it does not pay for the majority of long-term care costs or all medical expenses. You may choose how you want to sign up for Medicare.

You can purchase a Medicare Supplement Insurance (Medi-gap) policy from a private insurance provider if you decide to enrol in Original Medicare (Part A and Part B) coverage.

To Learn more about Social Security and Medicare, Click The Links.

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In February 2018, Brilliant Industries purchased the Topaz Mine at a cost of $10,000,000. The mine is estimated to contain 500,0

morpeh [17]

Answer:

B. Depletion will be $950,000 during 2018

Explanation:

Cost $10,000,000

Residual Value ($500,000)

Cost to be depleted $9,500,000

No. of Carats to be extracted over the life of mine 500,000

Per carat depletion (9,500,000/500,000) $19

Depletion for the year 2018 $19*50,000=$950,000

This will be deducted from revenue as depletion for the year.So option B is correct.

8 0

3 years ago

You have purchased a put option on Pfizer common stock. The option has an exercise price of $53 and Pfizer’s stock currently tra

12345 [234]

Answer:

A. -0.80

B. 2.20

Explanation:

A. Calculation for your net profit on the option if Pfizer’s stock price does not change over the life of the option

Net profit per share=max(53-55,0)-0.80

Net profit per share=0-0.80

Net profit per share=-0.80

Therefore your net profit on the option if Pfizer’s stock price does not change over the life of the option is -0.80

b. Calculation for your net profit on the option if Pfizer’s stock price falls to $50 and you exercise the option

Net profit per share

=max(53-50,0)-0.80

Net profit per share=3-0.80

Net profit per share=2.20

Therefore your net profit on the option if Pfizer’s stock price falls to $50 and you exercise the option is 2.20

3 0

3 years ago

The S&P 500 Index is one of the most commonly used benchmark indices for the U.S. equity markets. Consisting of 500 companie

seropon [69]

Answer:

1. Based on my understanding of P/E ratios, in which of the following situations would the average trailing P/E ratio (current price divided by earnings per share over the previous 12 months) of the S&P 500 Index be higher?

Th e correct option is (b). The outlook for the economy and the markets is for improvement.

2. You invest $100,000 in 40 stocks, 20 bonds, and a certificate of deposit (CD). What kind of risk will you primarily be exposed to?

Th e correct option is (b). Portfolio risk

3. Generally, investors would prefer to invest in assets that have:

a. A higher-than-average expected rate of return given the perceived risk

Explanation:

Th e correct option is (b). The outlook for the economy and the markets is for improvement. If the outlook of the economy and the market prospects of the stocks are for improvements, it then means that the Price Per Earning of the stock will be increasing, which is a positive economic trend.

Moreover, since we are talking about the average P/E it can be inferred that in the very long run, average of the S&P 500 Price to Earnings (PE) ratio (since 1900) is approximately 15.8, and the ratio since 1946 (the post-World War II period) is 17.3, so, it is fair to call a "normal" PE ratio about 16.5, which is relatively stable over the years.

2. You invest $100,000 in 40 stocks, 20 bonds, and a certificate of deposit (CD). What kind of risk will you primarily be exposed to?

Th e correct option is (b). Portfolio risk is the chance that the combination of assets or units, within the investments that you own, fail to meet financial objectives. Each investment within a portfolio carries its own risk, with higher potential return typically meaning higher risk. It can be computed as the risk of the two-securities portfolio, first take the square of the weight of 40 Stocks ($100,000.00) and multiply it by square of standard deviation of the 40 stocks. Repeat the calculation for 20 Bonds and a Certificate of Deposit.

3. Generally, investors would prefer to invest in assets that have:

a. A higher-than-average expected rate of return given the perceived risk Yes they will because a higher -than average expected rate of return will inform the investor the type of strategies to adopt to guarantee the expected earnings containing the risk.

5 0

3 years ago

Scenario 14-4 The information below applies to a competitive firm that sells its output for $40 per unit.

Dominik [7]

The average revenue has the same value at Q = 150 and Q = 151.

Further explanation:

Average fixed cost: The fixed cost per unit is termed as the average fixed cost. The fixed cost does not change with the level of output. However, the average fixed cost changes along with the level of output.

Total revenue: The total revenue refers to the amount of revenue generated during a particular period of time. The total revenue is the total of the revenues.

Total cost: The total cost is the sum total of the variable and fixed cost during the year. The total cost represents all the direct, and indirect costs occurred on a product.

Average total cost: The total cost per unit is also termed as the average total cost. The average total cost represents the cost, which is computed by dividing the total cost with the number of units manufactured during the year.

Calculate the total revenue when the quantity of output is 150 units:

It is given that the output is sold at $40 per unit.

$\text{Total revenue at 150 units}=\text{Number of units produced}\times\text{Sales price per unit}\\ =150\times\$40\\=\$6,000$

Therefore, the total revenue when the quantity of output is 150 units is $6,000.

Calculate the average revenue when the quantity of output is 150 units:

$\text{Average revenue}=\dfrac{\text{Total Revenue}}{\text{Number of units}}\\=\dfrac{\$6,000}{150\text{units}}\\=\$40$

Therefore, the average revenue when the quantity of output is 150 units is $40.

Calculate the total revenue when the quantity of output is 151 units:

It is given that the output is sold at $40 per unit.

$\text{Total revenue at 151 units}=\text{Number of units produced}\times\text{Sales price per unit}\\ =151\times\$40\\=\$6,040$

Therefore, the total revenue when the quantity of output is 151 units is $6,040.

Calculate the average revenue when the quantity of output is 151 units:

$\text{Average revenue}=\dfrac{\text{Total Revenue}}{\text{Number of units}}\\=\dfrac{\$6,040}{151\text{units}}\\=\$40$

Therefore, the average revenue when the quantity of output is 151 units is $40.

Justification for correct and incorrect answer:

Average fixed cost: The average fixed cost changes along with the change in output level. The average fixed cost is different from that of fixed cost. Hence, this choice is incorrect.

Average revenue: The average revenue is $40 at Q = 150 units and Q = 151 units. The average revenue is equal at both the levels of the output. Hence, this choice is correct.

Total cost: The total cost is not the same at both the levels of the output. The total cost is different for Q = 150 units, and Q = 151 units as the average total cost is also different for both output levels. The total cost increases when the output level changes. Hence, this option is incorrect.

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1. Breakeven point and contribution margin brainly.com/question/12989446

2. Direct materials efficiency variance brainly.com/question/12987884

3. Cost of materials

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Answer details

Grade: Senior School

Subject: Cost Accounting

Chapter: Cost Behavior

Keywords: Scenario 14-4, the information below applies to, competitive firm, scenario 14-4 the information below applies to competitive firm, when the firm produces, which of the following magnitudes, average fixed cost, average revenue, average cost per unit, average total cost, at Q = 150 and Q = 151, represent the quantity of output, refer to scenario 14-4, when the firm produces and sells 150 units of output.

6 0

3 years ago

Read 2 more answers

Suppose the demand for hard-wood flooring increases, while the demand for wall-to-wall carpeting decreases. Based on this change

Daniel [21]

Answer:

Frictional unemployment created by sectoral shifts

Explanation:

Frictional unemployment happens throughout a phase when employees are looking for new jobs or are transferring from old jobs to newer ones.

It can even be defined as natural unemployment as it is not directly linked to factors that contribute to an economy that is performing poorly.

A new global trade agreement leads to higher demand for export-sector workers and lower demand for workers in import-competing sectors. Workers need time to change sectors, and sectoral shifts lead to frictional unemployment

4 0

3 years ago