In 1980 the combined employee and employer Social Security tax was 15%, and the monthly wage was $2,400. The number of workers was 90 million and the number of beneficiaries was 10 million.
Calculate the average Social Security benefit.
By 2010 the inflation adjusted monthly wage was $2,600, the number of workers was 80 million, and the number of beneficiaries was 20 million. What would the tax rate have to be to provide the same inflation adjusted monthly benefit that you were able to calculate for part a? (If you were unable to determine the benefit in part a, use $3,000 for this problem.)
In: Economics
Obtuse Ltd has recorded the following end-of-year share prices and paid dividends: Year Price Dividend 2010 $1.20 $0.00 2011 $1.35 $0.05 2012 $1.12 $0.00 2013 $1.47 $0.00 2014 $1.71 $0.05 2015 $1.69 $0.00 2016 $1.82 $0.06 2017 $1.87 $0.10 Calculate the yearly returns for this share. Calculate the standard deviation of returns for the company's shares. This question has been answered but I want to know how he arrived at the result of standard deviation (15.58%). Thanks
In: Finance
The annual revenues collected in each of the past ten years for the Orange County Solid Waste Division are provided below. If the revenue total for 2014 is $42,843,901, which revenue projection method (SMA, TMA, or regression) is the most accurate in this case? Use APE to justify your answer. Use the last three years of revenues for moving averages and all years for regression
|
Year |
Revenue |
|
2005 |
33,120,989 |
|
2006 |
36,979,392 |
|
2007 |
36,390,302 |
|
2008 |
35,678,632 |
|
2009 |
37,986,901 |
|
2010 |
39,697,702 |
|
2011 |
37,639,287 |
|
2012 |
39,479,675 |
|
2013 |
40,099,709 |
In: Statistics and Probability
Please include bell shape curve.
According to the National Association of Realtors, 44% of U.S. homes sold in March 2010 were purchased by first-time buyers. A random sample of 175 people who just purchased homes is selected.
a. Calculate the standard error of the proportion.
b. What is the probability that less than 80 of them are first-time buyers?
c. What is the probability that more than 84 of them are first-time buyers?
d. What is the probability that between 66 and 72 of them are first-time buyers?
In: Statistics and Probability
What is the acid test ratio for Company A calculated using the following Balance Sheet?
|
Company A |
|
Balance Sheet |
|
December 31, 2010 |
|
Assets |
|||
|
Cash |
$29,000 |
||
|
Accounts receivable (net) |
114,000 |
||
|
Inventory |
113,000 |
||
|
Prepaid expenses |
6,000 |
||
|
Long-term investments |
18,000 |
||
|
Net property, plant, and equipment |
507,000 |
||
|
Total assets |
$787,000 |
||
|
Liabilities and equity |
|||
|
Accounts payable |
$73,000 |
||
|
Note payable |
358,000 |
||
|
Common stock |
186,000 |
||
|
Retained earnings |
170,000 |
||
|
Total liabilities and equity |
$787,000 |
||
|
1.96 1.83 |
|
|
1.42 |
|
3.59 |
In: Accounting
sara is married and loved all year with her husband
and two children. she will filt married filling separately and
claim her two children as dependants. her son Glen, born may 1 2010
and her daughter, rona, born December 25 2000 are birth us citizens
and did not provide any of their own support. Sara's wages were
40000 and she had no other income. her tax is 2155. Sara's child
tax credit is:
a) 2155
b) 2000
c) 0
d) 1000
In: Accounting
P 6-19 J.A. Appliance Company has supplied you with the following data regarding work- ing capital and sales for the
years 2011 2010, 2009.
Working capital $270,000 $ 260,000 $ 240,000
Sales $650,000 $600,000 $ 500,000
The industry average for the ratio of sales to working capital. 4.10 times 4.05times 4.00times
Required a. Compute the sales to working capital ratio for each year.
b. Comment on the sales to working capital ratio for J.A. Appliance in relation to the industry average and what this may indicate.
In: Accounting
you are the analyst of a large company. you are
presented with the following data for xyz company..( in millions of
dollars)
year. cash flow
2010 1600
2011 2600
2012 3200
2013 3400
2014 2300
a)calculate the geometric total return b) the annualized rate of
change c) make a 10 year forecast based on the annualized rate of
growth in the cash flow and lastly calculate the NPV of the
forecast cash flow assuming an immediate investment of 19.8billion.
show the steps
if you are to skip a question skip question a)
In: Finance
In: Finance
| Year | Dividend | ||
| 2007 | $ 0.02 | ||
| 2008 | $ 0.03 | ||
| 2009 | $ 0.04 | ||
| 2010 | $ 0.05 | ||
| 2011 | $ 0.06 | ||
| current stock price | $10.00 | ||
| Number of stock shares | 400,000 | ||
| Debt/Equity ratio | 0.75 | ||
| Interest Paid | 240,000 | ||
| tax rate | 36% | ||
| Part A. Estimate the constant annual compounding growth rate based on the dividends 2007 through 2011. | |||
| Growth rate | |||
| Part B. Use the Gordon dividend model to estimate the cost of equity | |||
| Cost of equity | |||
| B. Calculate the WACC | |||
| Cost of debt | |||
| WACC | |||
In: Finance