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4 years ago

Why are Social Security and Medicare spending expected to increase in the near future?

Business

1 answer:

Yanka [14]4 years ago

6 0

Answer:

Explanation:

It is always something like B. People born from 1946 - 1955 (those are just numbers), form the majority of the population. They have paid into the pool and they expect to draw out benefits. They have been doing so for at least 8 years.

Health failure is beginning to catch up to this age group and most have not saved for their retirement. Even home ownership is no guarantee that they have the resources to combat what health problems they are having. They need to draw on entitlements. Sooner or later, there won't be any.

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Cullumber Corporation has these long-term investments: common stock of Vejas Co. (10% ownership), cost $116,090, fair value $110

Dovator [93]

Answer and Explanation:

Partial Balance sheet

Investments

Stock investments (At fair value) $110,090

Debt investments (at fair value) $163,100

Stock investments (At equity) not given: $0

Total investment) $276190

4 0

4 years ago

The optimal capital structure has been achieved when the A. weight of equity is equal to the weight of debt. B. debt-equity rati

pishuonlain [190]

Answer:

debt-equity ratio results in the lowest possible weighted average cost of capital.

Explanation:

The debt equity ratio measures how well a business's equity can account for its debt.

Weighted average cost of capital is referred to as a business's cost of capital and is the rate a company is expected to pay to its shareholders.

When the debt equity ratio results in the lowest weighted average cost of capital, it indicates that the cost of finding for the company is low. This is the optimal and least expensive capital structure.

5 0

4 years ago

John has decided to start to learn how to wrestle. his first day at practice, a seasoned wrestler slams the back of his head to

Fudgin [204]

eye sight would be my guess

6 0

4 years ago

Read 2 more answers

Share Issuances for Cash Finlay. Inc., issued 8.000 shares of $50 par value preferred stock :u $68 per ~hare and 12.000 shares o

Basile [38]

Answer:

See the attached excel file for all the the financial statement effect.

Explanation:

Note: This question is not complete and it has some errors. The errors are therefore fixed and the complete question presented before answering the question as follows:

Share Issuances for Cash: Finlay. Inc., issued 8,000 shares of $50 par value preferred stock at $68 per share and 12,000 shares of no-par value common stock at $10 per share. The common stock has no stated value. All issuances were for cash.

a. Determine the financial statement effect of the share issuances (preferred and common).

b. Determine the financial statement effect of the issuance of the common stock assuming that it had a stated value of $5 per share.

c. Determine the financial statement effect of the issuance of the common stock assuming that it had a stated value of $1 per share.

The explanation of the answer is now given as follows:

a. Determine the financial statement effect of the share issuances (preferred and common).

Note: See the attached excel file for the the financial statement effect of the share issuances (preferred and common).

In the attached excel file, the following workings are used:

w.1: Preferred stock = Number of preferred shares issued * Preferred share par value = 8,000 * $50 = $400,000

w.2: Paid-In Capital in Excess of Par - Preferred stock = (Number of preferred shares issued * (Preferred share price per share - Preferred share par value) = 8,000 * ($68 - $50) = $144,000

w.3: Common stock = Number of common shares issued * Common stock share price per share = 12,000 * $10 = $120,000

b. Determine the financial statement effect of the issuance of the common stock assuming that it had a stated value of $5 per share.

Note: See the attached excel file for the financial statement effect of the issuance of the common stock .

In the attached excel file, the following workings are used:

w.4: Common stock = Number of common shares issued * Common share par value = 12,000 * $5 = $60,000

w.5: Paid-In Capital in Excess of Par - Common stock = (Number of common shares issued * (Common share price per share - Common share par value) = 12,000 * ($10 - $5) = $60,000

c. Determine the financial statement effect of the issuance of the common stock assuming that it had a stated value of $1 per share.

Note: See the attached excel file for the financial statement effect of the issuance of the common stock .

In the attached excel file, the following workings are used:

w.6: Common stock = Number of common shares issued * Common share par value = 12,000 * $1 = $12,000

w.9: Paid-In Capital in Excess of Par - Common stock = (Number of common shares issued * (Common share price per share - Common share par value) = 12,000 * ($10 - $1) = $108,000

Download xlsx

6 0

3 years ago

Consider the following work breakdown structure:What is the probability that this project will be completed within 210 days AND

ella [17]

Answer: 0.8186

Explanation:

Given that;

activity To Tm Tp Te (V)^0.5 v

A 38 50 62 50 4 16

B 90 99 108 99 3 9

C 70 80 90 80 3.333333 11.11111

D 19 25 31 25 2 4

E 91 100 115 101 4 16

F 62 65 68 65 1 1

Expected duration Te = (4 × Tm + To + Tp ) / 6

Variance = ( Tp-To/6]²

variance of the critical path = 9+16 =25

SD of the critical path = ( var)^0.5 = 5

probability that the project will be completed within 210 days is given by

z = (210-200) / 5 = 2

which gives probability of 0.97725

Probability that the project will be completed within 195 days

z = (195-200) / 5 = -1

which corresponds to probability of 0.1586

Now required probability that project completes within 210 but before 195 days is given by

0.97725 - 0.1586 = 0.8186

4 0

3 years ago