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Vaselesa [24]
3 years ago
13

Work requirements were a key feature of the PRWORA policy for welfare receipt. However, because state-supported workfare jobs ar

e costly to administer and not mandated, these work requirements largely became:________
a. a way to enforce strict time limits.
b. ignored by many states.
c. removed from state laws about federal assistance.
d. a way to increase the number of assistance recipients.
Business
1 answer:
ololo11 [35]3 years ago
4 0

Answer:

d. a way to increase the number of assistance recipients.

Explanation:

PRWORA policies are updated for welfare receipt. The job is state supported and its costly to administer. The work requirement became a way to increase the number of existing assistance recipients.

You might be interested in
How important is it to make a good first impression in a job interview?​
sergij07 [2.7K]

Answer:

It is very important to make a good first impression in a job interview.

Explanation:

Job Interview- This is a process whereby the applicant and the employer have a conversation regarding the job and the applicant's skills. The outcome of the conversation will tell whether the applicant will be hired or not.

First impression- This is considered as the situation wherein a person meets or knows another person and develops a certain image or idea of him.

Many people in the world are applying for a job for a variety of reasons, but the most common reason of all is to <em>have money to pay for the bills and other basic necessities.</em> <em><u>The competition in a job interview is very tough these days, </u></em>thus it is important to make a good first impression. This can makes a lasting impact on you. Have you heard of the saying "First impressions last?" Well, in most cases, this is quite true and it can be hard to change.

Nailing the first 30 seconds of the interview is very essential in order for the employer to know that you are the person who's suitable for the job.

4 0
3 years ago
Suppose now that there is not enough internal cash flow and the firm must issue new shares of stock. Qualitatively speaking, wha
ivanzaharov [21]

Complete question:

WACC Estimation

On January 1, the total market value of the Tysseland Company was $60 million. During the year, the company plans to raise and invest $20 million in new projects. The firm's present market value capital structure, here below, is considered to be optimal. There is no short-term debt.

Debt $30,000,000

Common equity 30,000,000

Total capital $60,000,000

 New bonds will have an 7% coupon rate, and they will be sold at par. Common stock is currently selling at $30 a share. The stockholders' required rate of return is estimated to be 12%, consisting of a dividend yield of 4% and an expected constant growth rate of 8%. (The next expected dividend is $1.20, so the dividend yield is $1.20/$30 = 4%.) The marginal tax rate is 40%.

1. In order to maintain the present capital structure, how much of the new investment must be financed by common equity? Enter your answer in dollars. For example, $1.2 million should be entered as $1200000.

$  

2. Assuming there is sufficient cash flow for Tysseland to maintain its target capital structure without issuing additional shares of equity, what is its WACC? Round your answer to two decimal places.

%

3. Suppose now that there is not enough internal cash flow and the firm must issue new shares of stock. Qualitatively speaking, what will happen to the WACC? No numbers are required to answer this question.

I. rs will increase and the WACC will decrease due to the flotation costs of new equity.

II. rs will decrease and the WACC will increase due to the flotation costs of new equity.

III. rs and the WACC will not be affected by flotation costs of new equity.

IV. rs and the WACC will increase due to the flotation costs of new equity.

V. rs and the WACC will decrease due to the flotation costs of new equity.

-Select- one above IIIIIIIVV

Answer:

The answer is III.

rs and the WACC will increase due to the flotation costs of new equity.

Solution:

It is given that,

Equity is $30,000,000.

Debt is $30,000,000.

The amount of fund raised is $20,000,000.

The formula to calculate weight of equity is given below:

Weight of equity = \frac{Equity}{Equity+Debt}

Substitute $30,000,000 for equity and $30,000,000 for debt in the formula,

Weight of equity = \frac{30,000,000}{30,000,000 + 30,000,000}

                         = 50%

Since weight of equity is 50% and to maintain this capital structure, company should finance the 50% of funds

Amount financed by common equity = $20,000,000 * 50%

                                                             =  $10,000,000

7 0
3 years ago
If Randy invests $15,000 at a 9% interest
WITCHER [35]

It will take 8.04 years for the initial investment of $15000 to become $30,000

What is the future value of an investment?

The future value of $15,000 invested now earning a rate of return of 9% per year is $30,000, it the future equivalent of an amount invested now when the invested amount has earned interest over a specific period of time.

The below future value formula of single cash flow can be used to determine the number of years it takes for the initial investment to double.

FV=PV*(1+r)^N

FV=future value=$30,000

PV=initial investment=$15,000

r=rate of return=9%

N=number of years it takes for the initial investment to double=unknown(assume it is X)

$30,000=$15000*(1+9%)^N

$30000/$15000=(1+9%)^N

2=1.09^N

take log  of both sides

ln(2)=N*ln(1.09)

N=ln(2)/ln(1.09)

N=8.04 years

Find out more about future value on:brainly.com/question/24703884

#SPJ1

8 0
2 years ago
.Daniel’s team had to analyze the last two vendors across four categories. Which basic characteristic groups of the potential pr
ziro4ka [17]

Answer:

Daniel’s team had to decide the vendor on the following attributes that should be analyzed:  

  1. Innovation :- Credit Issue Group is a money related assistance organization and henceforth the seller needs to have a decent mechanical base to furnish with organization with required administrations on schedule and best in quality.  
  2. Exclusivity: Considering the significance of the administrations, organization may take a gander at the restrictiveness of the administrations that merchant can offer to Credit Issue.  
  3. Complimentary Services offering:- To look if seller has some other contributions to make to the customer that might be complimentary with the fundamental administrations advertised. This can save money on schedule and authoritative work.  
  4. Support:- What support would vendor be able to offer to the organization alongside giving the essential administrations.  
  5. Contingency:- in case of seller's framework disappointment, what back up merchant needs to proceed with uninterrupted administrations.
8 0
3 years ago
If net sales for the current year were $612,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.)
Aneli [31]

Answer:

42 days.

Explanation

Note: The full question is attached as picture below

Account receivable turnover ratio = $612,000 / $70,422

Account receivable turnover ratio = 8.69

Account collection period = 365 / 8.69

Account collection period = 42.00230.

Thus, the firm’s sales uncollected for year is 42 days.

7 0
3 years ago
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