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3 years ago

Which of the following is not a relatively recent change in policy concerning welfare

Business

2 answers:

TiliK225 [7]3 years ago

8 0

Answer:

a) reassigning the responsibility for implementing antipoverty programs to the federal government

Explanation:

Airida [17]3 years ago

3 0

This welfare-reform plan responded to criticisms that welfare encouraged poor people to remain unemployed in order to keep receiving aid. It replaced the traditional antipoverty program for poor families (Aid to Families with Dependent Children, or AFDC) with a new program called Temporary Assistance for Needy Families (TANF).

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Joe Broker finds a tenant for the landlord with whom Joe has a brokerage agreement. The tenant's deposit check bounces and the l

ella [17]

Answer:

Explanation:

as a broker of the landlord Joe owes his principal a duty to procure a reliable tenant. and as such he is in breach of the brokerage agreement.

3 0

3 years ago

Page Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this pric

IrinaK [193]

Answer:

Coupon rate is 5.17%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Assuming Face value of the bond is $1,000

Face value = F = $1,000

Selling price = P = $948

Number of payment = n = 9 years

Bond Yield = 5.9%

The coupon rate can be calculated using following formula

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

5.9% = [ C + ( $1,000 - $948 ) / 9 ] / [ ( $1,000 + $948 ) / 2 ]

5.9% = [ C + $5.78 ] / $974

5.9% x $974 = C + $5.78

$57.466 = C + $5.78

C = $57.466 - $5.78 = $51.686

Coupon rate = $51.686 / $1,000 = 0.051686 = 5.17%

4 0

3 years ago

You have $14,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with

larisa86 [58]

Answer:

Investment in stock x = $7816.67

Investment in stock y = $6183.33

Explanation:

The computation of invest in Stock X and Stock Y is shown below:-

Let the weight be x

x × 14% + (1 - x) ×8%

= 11.35%

0.14x + 0.08 - 0.08x

= 0.1135

0.14x - 0.08x

= 0.1135 - 0.08

0.06x = 0.335

x = 0.335 ÷ 0.06

x = 55.83%

Investment in stock x = x × Stock portfolio

= 55.83% × $14,000

= $7816.67

Investment in stock y = 1 - 0.5583 × $14,000

= $6183.33

4 0

4 years ago

Shown here are annual financial data at December 31, 2017, taken from two different companies. Beginning inventory Merchandise $

REY [17]

Answer:

Let Company 1 be Green Company Ltd

Let Company 2 be Yellow Company Ltd

Green Company Ltd

Partial Income Statement

For year ended December 31, 2017

Beginning merchandise inventory $125,000

Add: Cost of purchases $320,000

Goods available for sale $445,000

Less: Ending merchandise inventory $110,000

Cost of goods sold $335,000

Yellow Company Ltd

Partial Income Statement

For year ended December 31, 2017

Beginning finished goods inventory $380,000

Add: Cost of goods manufactured $572,000

Goods available for sale $952,000

Less: Ending finished goods inventory $300,000

Cost of goods sold $652,000

3 0

3 years ago

Pulling County has a December 31 fiscal year-end. In November, the County borrowed $8 million from a local bank, due in six mont

allochka39001 [22]

Answer: the correct answer is d. General Fund--$8 million in Notes Payable; Nothing in a Schedule of Changes in Long-Term Obligations.

Explanation:

The money is borrowed to be paid in just 6 months that's why the general Fund is $ 8 million in "notes payable" and it is "nothing in long term obligations" because it is a "short term obligation "

7 0

3 years ago