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3 years ago

Mrs. Park is an elderly retiree. Mrs. Park has a low fixed income. What could you tell Mrs. Park that might be of assistance

Business

2 answers:

natali 33 [55]3 years ago

4 0

Answer: Reach out to her Medicaid for their programs

Explanation:

There are programs that are set up to assist retiree's. Mrs Park should reach out to her state Medicaid agency and enquire if she is qualified for the programs they run which would assist her income.

dybincka [34]3 years ago

4 0

Answer:

She should contact her state Medicaid agency to see if she qualifies for one of several programs that can help with Medicare costs for which she is responsible.

Explanation:

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Martha B's has total assets of $1,810. These assets are expected to increase in value to either $1,900 or $2,400 by next year. T

Blababa [14]

Answer:

$7.24

Explanation:

PV at the risk free rate = $1,900 / (1 + 0.055)

PV at the risk free rate = $1,900 / 1.055

PV at the risk free rate = $1,800.95

Number of options needed = (2,400 - 1,900) / (400 - 0)

Number of options needed = 500 / 400

Number of options needed = 1.25

Total assets = (No of options needed*Value of equity) + Present value at the risk free rate. Let Value of equity be C0

$1,810 = (1.25*C0) + $1,800.95

$1,810 - $1,800.95 = 1.25*C0

C0 = $9.05 / 1.25

C0 = $7.24

So, the Value of equity in this firm is $7.24.

8 0

3 years ago

An auction house puts a painting up for sale, which they think to be Pablo Picasso's "Acrobat and Young Harlequin." A Japanese b

Georgia [21]

Answer:

C. The buyer can rescind on the basis of mutual mistake.

Explanation: A bilateral mistake, also referred to as a mutual or common mistake, such mistake occurs when both parties are misinformed about the facts. A mistake of fact can lead to a requirement of a voided contract. This is the contract Will be nullified

5 0

3 years ago

Read 2 more answers

Samara interviewed for a management position and was just asked back for a second interviewer with the head of the department. I

melisa1 [442]

Answer:

SEQUENTIAL INTERVIEW

Explanation:

A serial or sequential interview comprises of many successive interviews. This kind of scenario of interviewing can be exhausting and tedious. Even if you interview various people, the same answers may be asked again and again. Regardless of how many times you have had to repeat yourself, for each session you need to generate compelling passion.

4 0

3 years ago

Flipco signed a 15-year note payable on January 1, 2018, of $900,000. The note requires annual principal payments each Decemb

MrMuchimi

Answer:A debit to interest expense for $36,000

Explanation:

interest expense= 800,000-80,000 = 720,000 5% 12/12

3 0

3 years ago

A company purchased land for $70,000 cash. Real estate brokers' commission was $5,000 and $7,000 was spent for demolishing an ol

xxMikexx [17]

Answer:

UNDER THE HISTORICAL COST OF PRINCIPLE THE COST OF LAND WOULD BE $82,000

Explanation:

Historical cost principle is one of many principle that is used in the accounting , where it states that the value of the asset which will be recorded in the asset side of the balance sheet will be based on the original amount of price which was incurred to acquire the asset at the time of purchase. In this we will include the broker's commission and amount spent for demolishing old building

COST OF LAND = purchase price + broker commission + cost on demolishing

= $70,000 + $5000 + $7000

= $82,000

3 0

3 years ago