An SMSF has three members: Alan, Bruce and Charlene. The percentage of the fund’s assets that is owed to each is as follows:
Alan: 30%
Bruce: 40%
Charlene: 30%
For the 2019-20 year, for tax purposes, Alan and Bruce were non-residents, whereas Charlene was a resident. Also, for the 2019-20 year, Alan made no contributions to the account, whereas Bruce and Charlene both made contributions to their accounts.
For the 2019-20 year, discuss whether the ‘active member test’ under s. 295-95 of the Income Tax Assessment Act 1997 been passed.
In: Accounting
2. Consumption spending is a large percentage of GDP in the United States. The ageing population is a demographic certainty. Explain how ageing demographics in the U.S. will affect the economy for each of the two views discussed below.
a. Using key macroeconomic measurements and models explain how ageing demographics traditionally has already affected several economies (such as Japan and Europe.
b. Now explain how ageing demographics will affect U.S. consumers and U.S. consumers and U.S. businesses if older people are behind in saving for their retirement and must continue to work to save more for retirement.
In: Economics
state the percentage difference you think would be enough of a difference to indicate that two categorical variables would be independent and give your reasons why.
In: Statistics and Probability
Answer ASAP: Probability and Statistics question
The desired percentage of SiO2 in a certain type of aluminous cement is 5.50 or higher. Suppose that the percentage of SiO2 in a specimen is normally distributed with unknown mean LaTeX: \muμμ but known standard deviation LaTeX: \sigma=0.30σ = 0.30. To test whether the true average percentage is actually less than 5.50 for a particular production facility, we consider
LaTeX: H_0: \mu=5.50 \qquad \textrm{vs} \quad H_1: \mu<5.50H 0 : μ = 5.50 vs H 1 : μ < 5.50
A total of 16 specimens were obtained independently and the corresponding sample mean is LaTeX: \bar{x}=5.25x ¯ = 5.25.
(a) At level 1% can we conclude that the true average percentage is less than 5.50? Make sure to justify your answer.
(b) If the true average percentage is LaTeX: \mu=5.24μ = 5.24
and a level 1% test is used (based on a sample of size 16), what is
the power of the test at that LaTeX: \mu μ?
In: Statistics and Probability
As you've read in your text, the overall percentage of U.S. citizens participating in a stock market either through individual holdings or through financial intermediaries such as mutual funds has declined since the 2008 recession. Prior to 2008, a greater percentage of Americans held stock market investments than do in 2018. This is an interesting characteristic, given the following factors:
For this discussion post, you are to state a position and present an argument related to the above state of investing by U.S. citizens today. Why has the overall percentage of Americans invested in the market decreased in the last decade? And, subsequently, what can be done about this? In your argument, which is to be supported by both textbook and outside research, delve into one or more of the primary concepts presented in this week's readings. These include the various stock market indexes, international markets, the role of the mutual fund industry, active versus passive investing, in addition to multiple other concepts.
In: Economics
2. The tentacle of a squid
By what percentage would a squid tentacle increase in length when a circumferential muscle contracts with a strain of 0.2?
Answer: The final length is 1.56 times the initial length, which is an increase of 56%. But how do I get to this answer? Please show work and formulas used to get the provided answers. Thank you!
In: Physics
Express the concentration of a 0.0400M aqueous solution of fluride,F-, in mass percentage and in parts per million.Assume the density of the solution is 1.00f/mL.
In: Chemistry
2. When studying the impact of immigrants on wages of natives, we use the percentage of immigrants in cities from 10 years earlier as the instrumental variable.
a. What are outcome Y, treatment status D, and instrument T?
b. Why is OLS biased? In other words, can you come up with an omitted variable that may bias the OLS result?
c. Who are always-takers, never-takers, compliers and defiers?
d. Specify the first stage regression (don’t include controls)
e. Specify the reduced form regression (don’t include controls)
f. Explain what LATE are in this example (What they mean, which parameters they correspond to)
In: Statistics and Probability
We are interested in conducting a study in order to determine what percentage of voters would vote for the incumbent president. What is the minimum size sample needed to estimate the population proportion with a margin of error of 0.03 or less at 99% confidence?
In: Statistics and Probability
A bank states that it charges a 20% APR (or annual percentage rate) on credit card balances where the cardholder has been late making a payment. However, the bank compounds monthly. What EFF% is the bank charging?
Group of answer choices
22.45%
21.94%
21.62%
23.85%
22.77%
In: Finance