Current projections indicate that by the year 2030, there will be 2.0 tax-paying workers for every retiree collecting Social Security.
- A tax is a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services. Different public expenditure programs are then funded with the funds that have been raised.
- There are two main categories of taxes: direct taxes and indirect taxes. Both taxes are implemented in different ways. Some taxes, like the dreaded income tax and corporate tax, are paid directly by you, while others, like sales tax and service tax, are paid inadvertently.
- The government uses taxes to fund a variety of welfare programs, including job initiatives.
Thus this is the answer.
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Determine the sequence of the human DNA.
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It is assumed that the cash flows occur at the end of each period.
<h3>What is the occur period of the cash flow?</h3>
Cash flow is the statement depicts the complete information about the money received or being spent by the company during the period of time.
Cash Inflows refers to the amount received, whereas cash outflows represents the money spent by the firm.
It is generally occur in period of 90 days.
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Answer:
118%
Explanation:
Calculation for the M2 measure invested in the managed portfolio
Using this formula
M2 measure invested in the managed portfolio=Managed portfolio standard deviation standard deviation/Market portfolio's standard deviation
Let plug in the formula
M2 measure invested in the managed portfolio=26%/22%
M2 measure invested in the managed portfolio=118%
Therefore the adjusted portfolio P* needed to calculate the M2 measure will have 118% invested in the managed portfolio and the rest in T-bills
Answer:
$600
Explanation:
The actual cash value coverage to be received for the two-year old furniture is equivalent to the replacement cost today minus estimated depreciation amount that would have been charged on the furniture till date.
replacement cost is $1,000
estimated depreciation till date=$1000/useful life*number of years the furniture has been put to use
estimated depreciation=$1,000/5*2=$400
actual cash value coverage =$1000-$400=$600
All in all,the amount that a person with actual cash value coverage would receive today on the furniture is $600