Answer:
Ideally, the amount of the social security payout depends on the average lifetime earning of the residents of the country. The government averages the earning and then finalizes on the amount to be paid by each of the resident. If the payroll tax increases, in the longer run a few workers will get affected but, in the short run the increase has its immediate effect on 92% of the workers. Out of the 92%, 78% have a phase out option whereas 48% of them are under the as-needed scenario.
But, the longer a rate increase is delayed, the higher the increase in lifetime taxes for later generations. Workers born1936–1990 would have higher increases in lifetime taxes under an immediate rate rise, workers born 1996–2005 would generally have higher increases in lifetime taxes under phased increases, and workers born 2006–2015 would have higher increases in lifetime taxes under as-needed increases. The future workers would experience the smallest tax increases under the immediate option. Lifetime taxes for workers born 2011–2015 would rise 16 percent under an immediate increase, 27 percent under phased increases, and 33 percent under as-needed increases.
Thus,The increase in the payroll taxes will increase the cost for the people at different income level, as it is calculated on the basis of the income of the individual. As the women are paid lesser than their male counterparts, it can be said that the male population will be affected more by the increase in the social security payout.
Explanation:
Answer:
The answer is "larger than 17%".
Explanation:
Assume the sum of investment as B is more than A:
In part A:
A B Increment
Purchase(assumed) 100 150 50
Departure Rate 14% 17%
Return 14 25.5 11.5
The rate of return increases
23
In part B:
A B Increment
Purchase(assumed) 100 120 20
Departure Rate 14% 17%
Return 14 20.4 6.4
The rate of return increases
32
Answer:
26.65
Explanation:
The computation of the book value of an ordinary share is shown below
But before that the following calculations to be done
Balance for equity shares is
= Total shareholder equity - dividend paid to preference shareholders - redemption of preference shares
= 8,250,000 - (20,000 × 100 × 12% ×3) - (20,000 × 110)
= 8,250,000 - 720,000 - 2,200,000
= 5,330,000
And, the number of shares is 200,000
So, the book value of the ordinary share is
= 5,330,000 ÷ 200,000
= 26.65
Answer:
a) $36032
Explanation:
The computation of the interest expense reported is shown below:
= BOnd value × rate of interest × given months ÷ total months
= $655,119 × 11% × 6 months ÷ 12 months
= $36,032
Hence, the amount that should be reported as interest expense is $36,032
Answer:
d. Claims exchange transaction
Explanation:
Claims exchange transaction -
It refers to any discrepancy in the claims , is referred to as claims exchange transaction .
In this case the claim of one reduces and others increases and hence the total claim remains constant .
Hence , from the given scenario of the question ,
The correct option is d. Claims exchange transaction .
