The two main types of income maintenance schemes are: 1) Cash Transfer Programs 2) In-Kind Benefit Programs.
1) Cash Transfer Programs: Cash transfer programs provide direct financial assistance to individuals or households with low incomes. These programs aim to alleviate poverty and improve the well-being of low-income workers by supplementing their earnings. Cash transfers can be unconditional or conditional, depending on the program design.
• Unconditional Cash Transfers: These programs provide cash payments to eligible individuals or households without imposing any specific conditions.
• Conditional Cash Transfers: These programs provide cash payments to eligible individuals or households on the condition that they meet specific requirements. Common conditions include ensuring children attend school regularly, receiving healthcare check-ups, or participating in job training programs.
2) In-Kind Benefit Programs: In-kind benefit programs provide goods or services directly to low-income individuals or households instead of cash payments. These programs aim to improve the well-being of low-income workers by addressing their specific needs in areas such as healthcare, housing, food, or education.
• Housing Subsidies: This program provides assistance in the form of reduced rent or subsidized housing units for low-income workers. Food Assistance Programs: These programs, such as food stamps or vouchers, provide assistance to low-income individuals or families to meet their nutritional needs.
• Healthcare Programs: These programs provide subsidized or free healthcare services, including medical check-ups, treatments, medications, and health insurance coverage, to low-income workers who may not have adequate access to healthcare.
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The question is incomplete. Complete question is:
(Income Maintenance Schemes) Imagine the government of "Almost-Perfect-World" placed you in charge of designing a program to make low-income workers better off. However, the government has no interest in increasing the minimum wage rate because all of these low-income workers are employed in a perfectly competitive market and they know increasing the minimum wage will harm workers in this market environment. Therefore, the goals of the program should be to increase wages and labour market participation, if possible. The government is okay with spending a lot of money on the program but would prefer to keep the program costs low. (25 points) a. What are the two main types of income maintenance schemes?
A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between that currency and other currencies is determined by the reference currency exchange rate.
Answer:
it'll be the currency rate
Sales tax is calculated by multiplying the price of an item by the
withholding amount
income tax
tax rate
Answer:
tax rate
Explanation:
got it right on test
Which investment tool has very low rate of return but allows user to access and track their money easily?
The investment tool that has a very low rate of return but allows the user to access and track their money easily is a high-yielding saving account.
Putting the available cash in a high-yielding saving bank account at a bank is a very good alternative to holding cash without investment. This investment in a savings bank account can also be done at a credit union. The bank will pay interest to us on a regular basis. These accounts work well for investors who do not want to take unnecessary risks.
As the investor wants an investment in which it can track their money easily will be a short-term investment. These investments are highly liquid, so we can get our money whenever we want it. Their risk is also less when compared to investments for the long term. The user can easily track the savings bank account as he can withdraw the money whenever he wants.
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what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense
compute the profitability index for each investment proposal. (round your answers to 2 decimal places.) 2. rank the proposals in terms of preference.
For every dollar invested in Proposal A, we can expect a return of $1.10. Proposal B is the better investment proposal. It has a higher profitability index, which indicates that it will provide higher returns per dollar invested.
To compute the profitability index for each investment proposal, we need to follow these steps: Step 1: Calculate the present value of cash inflows To find the present value of cash inflows, we multiply the cash inflows for each year by their respective present value factors. Present value factor = 1 / (1 + discount rate)^n Where n = number of years and the discount rate = the required rate of return Year Cash Inflows Present Value Factor Present Value of Cash Inflows Proposal A Present Value Factor: Year 1: $50,000 × 0.9434 = $47,170Year 2: $75,000 × 0.8890 = $66,675Year 3: $60,000 × 0.8396 = $50,376Total present value of cash inflows for proposal A = $47,170 + $66,675 + $50,376 = $164,221Present Value Factor: Year 1: $80,000 × 0.9434 = $75,472Year 2: $50,000 × 0.8890 = $44,450Year 3: $40,000 × 0.8396 = $33,584Total present value of cash inflows for proposal B = $75,472 + $44,450 + $33,584 = $153,506Profitability Index: Profitability Index = Present Value of Cash Inflows / Initial Investment Proposal A: Profitability Index = $164,221 / $150,000 = 1.10Proposal B:Profitability Index = $153,506 / $125,000 = 1.23Ranking of Proposals: Proposal B has the higher profitability index of 1.23, which indicates that it is the better investment proposal. Therefore, Proposal B should be preferred over Proposal A. Profitability index is the ratio of the present value of future cash flows divided by the initial investment. It is a useful tool for investors to evaluate investments. The profitability index helps investors in identifying the investments that provide the highest returns per dollar invested. In this question, we have two investment proposals, A and B. We have computed the present value of cash inflows for each proposal and then calculated the profitability index for each proposal.Proposal A has a profitability index of 1.10, while Proposal B has a profitability index of 1.23. This means that for every dollar invested in Proposal B, we can expect a return of $1.23.
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Which of the following are clichés?
Answer:
2nd scentence
Explanation:
Match the action needed to increase profits with the reason a business might fail.
Setting a realistic budget for the company to follow would match with________.
A) bad location
B) poor management
C) Competition
D) finances
Answer:
D
Explanation:
finances
Write imaginary stock/investment scenarios
any answered would help, thank you
As Abigail wishes to invest in the stock of a technology company and at same time has decided to reduce her risk by only investing in a company that pays a dividend with a yield over 1%, i will recommend to her, buying of Apple Inc stock.
What is a Stock?In finance, stock refers to shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares
Apple Stock name: Apple Inc.
Ticker symbol: AAPL
Current share price: $153.71
How many whole share can she buy with $5,000?(Number of shares) = (Amount to invest - Commission) / (Share price per share) = ($5,000 - $10) / $153.71 = $32.4637304 = $32.46.
What is the dividend yield?(Dividend yield) = (Annual dividend per share) / (Share price per share) * 100% = ($0.23 / $153.71) * 100% = 0.00149632425 = 0.15%
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Which one of the following statements is NOT true?
A) Cash conversion cycle DSO + DSI - DPO
B) Operating cycle DSO + DSI
C) a and b
D) None of the above
The correct answer is C) "a and b" is not true. The cash conversion cycle and operating cycle are both important financial metrics used to analyze and manage working capital and cash flow within a business.
However, the statement that combines the two as "DSO + DSI" for the operating cycle is not accurate.
The cash conversion cycle (CCC) measures the time it takes for a company to convert its investments in inventory and accounts receivable into cash. It is calculated by subtracting the days of payables outstanding (DPO) from the sum of the days of sales outstanding (DSO) and days of inventory (DSI). The formula for the cash conversion cycle is CCC = DSI + DSO - DPO.
On the other hand, the operating cycle represents the time it takes for a company to convert its inventory into sales, and then convert those sales into cash. It is calculated by adding the days of sales outstanding (DSO) and days of inventory (DSI). The formula for the operating cycle is Operating cycle = DSI + DSO.
Therefore, the correct statement is that the operating cycle is represented by "DSI + DSO," and the cash conversion cycle is represented by "DSO + DSI - DPO." Thus, statement C) "a and b" is not true.
It is important to have a clear understanding of these financial metrics as they provide valuable insights into a company's efficiency in managing its working capital and cash flow.
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Questions u could ask someone in an interview about fundraising ideas
Explain the main differences between weak sustainability (neoclassical) and strong sustainability (ecological), and why these matter for government policy on sustainable development. List the two requirements for development to be sustainable
The main distinctions between strong sustainability and weak sustainability are as follows:
Natural capital's full substitutability is referred to as weak sustainability, whereas strong sustainability argues that this substitutability ought to be severely restricted.As sustainable development discussions developed in the late 1980s and early 1990s, this concept received more political attention. An important milestone was the Rio Culmination in 1992 where by far most of country states conceded to economical turn of events. The signing of Agenda 21, a global plan of action for sustainable development, demonstrated this commitment.
Natural capital and human capital, also known as produced capital, have been used to define weak sustainability. Human capital includes resources like infrastructure, labor, and knowledge. Normal capital covers the supply of ecological resources, for example, non-renewable energy sources, biodiversity and other biological system designs and works applicable for environment administrations. In extremely powerless maintainability, the general supply of man-made capital and normal capital remaining parts consistent over the long run. It is critical to take note of that, genuine replacement between the different sorts of capital is permitted inside frail maintainability.
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why consumers need to make a choice between competitor needs.
Answer:Perhaps you offer higher quality, a lower price, a superior set of features, or a completely unique offering.
Identify the strongest benefits of your product/service that you have but competitors don’t, or that you do much better than competitors (higher quality, faster, lower cost, etc.). Remember, these have to be things your customers really care about.
One of the most important factors that significantly influences customer choice is “quality”. Seeing a successful brand indicates that it delivers exceptional customer satisfaction; this is not possible without it maintaining the quality of its products and services.
Knowing who your competitors are, and what they are offering, can help you to make your products, services and marketing stand out. It will enable you to set your prices competitively and help you to respond to rival marketing campaigns with your own initiatives.
Explanation:
Kuzu company discovers in 2022 that its ending inventory at december 31, 2021, was $7,000 understated. what effect will this error have on?
The understated inventory will cause the current assets at December 31, 2021, to be understated by $7,000.
When Kuzu Company discovers in 2022 that its ending inventory at December 31, 2021, was $7,000 understated, it will have the following effects on its financial statements:
1. Retained Earnings: The understated inventory will cause the retained earnings at the beginning of 2022 to be understated by $7,000.
2. Cost of Goods Sold (COGS): Since the ending inventory is understated, the COGS for the year 2021 will be overstated by $7,000. This is because COGS = Beginning Inventory + Purchases - Ending Inventory.
3. Gross Profit: An overstated COGS will result in an understated gross profit for the year 2021. Gross Profit = Revenue - COGS.
4. Net Income: Due to the understated gross profit, the net income for 2021 will also be understated.
5. Current Assets: The ending inventory is part of the current assets. Therefore, the understated inventory will cause the current assets at December 31, 2021, to be understated by $7,000.
To correct these errors, Kuzu Company should adjust its financial statements to reflect the accurate ending inventory amount. This will lead to the correct calculations of COGS, gross profit, net income, current assets, and retained earnings.
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Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only retail stores. You are an accountant and during your examination of the financial statements of Costco for the year ended December 31, Year 1, you discover net income in Year 1 is $25,000 but no adjusting entries have been prepared. Now you have to prepare the adjusting entries for Costco, and before you do so you discover the following items: a. An insurance policy covering three years was purchased by Costco on January 1, Year 1, for $2,100. The entire amount was debited to insurance expense. b. During Year 1, Costco Wholesale received a $500 cash advance from a customer for services to be provided in Year 2. The $500 was credited to sales revenue. c. All Costco's purchases of supplies were debited immediately to supplies expense. However, you discover that supplies costing $400 were on hand on December 31. d. Costco also borrowed $10,000 from a local bank on October 1, Year 1. Principal and interest at 12% will be paid on September 30, Year 2. No accrual was recorded for interest.
The financial statements for Costco Wholesale Corporation, adjusting entries need to be prepared. These include recognizing prepaid insurance for two years ($1,400) and adjusting insurance expense accordingly, deferring the $500 cash advance as unearned revenue.
Adjusting entries are necessary to ensure that financial statements accurately reflect the financial position and performance of a company. In this case, several errors and omissions were identified. First, the insurance policy purchased for three years needs to be recognized as a prepaid expense. Since one year has already elapsed, the adjustment involves reducing insurance expense by $700 ($2,100/3) and recognizing a prepaid insurance asset of $1,400 ($2,100 - $700).
Next, the $500 cash advance received for services to be provided in Year 2 should be recorded as unearned revenue, as it represents an obligation to provide future services. This adjustment reduces sales revenue by $500 and establishes a liability for unearned revenue.
The supplies costing $400 on hand at the end of the year were initially expensed, but they should be recognized as an asset. This adjustment reduces supplies expense by $400 and recognizes a supplies asset of the same amount.
Lastly, interest expense needs to be accrued for the loan from the bank. The $10,000 loan at a 12% interest rate for one year results in $1,200 of accrued interest expense.
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As long as your references know you are job hunting, it isn’t necessary to update them regarding every interview you attend.
False
True
Answer:
True.
Explanation:
A referee can be defined as an individual who stands as a guarantor for a job applicant with respect to their character and professionalism.
As long as your references know you are job hunting, it isn’t necessary to update them regarding every interview you attend.
Porter is visiting india and would like to purchase some local spices. He finds some spices that cost 320. 38 rupees. If the current exchange rate is 1 dollar:73. 6500 rupees, how much do the spices cost in u. S. Dollars?.
Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
What do you mean by the current exchange rate?An exchange rate determines the price at which one currency will be exchanged for another and has an impact on international trade and money transfers.
Both the value of the home currency and the value of the foreign currency have an impact on exchange rates.
The buying rate and selling rate are the rates at which currency traders will purchase and sell foreign currency, respectively.
Given,
Cost of Spices = 320.38
Exchange rate = 73.6500
Here,
Cost of spices in Dollars = 320.38 / 73.65
Cost of spices in Dollars = 4.36
Therefore, Porter is visiting India and would like to purchase some local spices. So, the spices cost in u. S. Dollars is $ 4.36.
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
how might you use your knowledge of taxes to make sound financial decisions?
Answer: If you know about taxes you can make better financial descisions because most descisions are made thru taxes. Taxes are numbers and stats that allow us to determine whether or not to buy something.
Explanation:
taxes also show how inflated a market is
define the set in words. choose the correct answer below. a. the set of cars that have 3 or more years warranty or do not have a good safety rating. b. the set of cars that have 3 or more years warranty and do not have a good safety rating. c. the set of cars that have 3 or more years warranty and have a good safety rating. d. the set of cars that have 3 or more years warranty or have a good safety rating.
If the car cannot be fixed after a reasonable number of attempts, the customer must be given the option of a replacement or a refund.
What different sorts of replacement are there?
replacement of things that lose their value over time. 3. Replacement of products that become out of date as a result of new advancements. 2. Replacement of objects that entirely break down.
What does the word "replacement" signify in a sentence
An act of substituting for something that is missing is known as a replacement. Your substitute teacher is a bothersome replacement for your missing teacher.
All actions and procedures required to replace any existing Project Facilities component with a new one that serves the same purpose
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Which investment advice would Gale most likely give to Alex? Invest in stocks because they are less risky. Put most of your money in a savings account instead. Spread your investments in several different areas. Stick with the stocks because they will bounce back.
Investment advice is the advice given by consultants or consultancy firms holding special expertise in the field of securities market to the individual investors.
Investment DecisionTheir is a very popular quote in the investment market that "do not put all your funds in a single security " and put your funds in different securities so that loss of a security is set-off with the gains of other security.
Therefore , the investment advice most likely Gale would give to Alex will be "Spread your investments in several different areas" and OPTION C is correct.
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Answer:
c
Explanation:
under the cash method, an item is generally included in gross income for the year in which it is earned, regardless of when the income is collected. a) True b) False
Under the cash method, income is recognized when it is received, irrespective of when it was earned. This approach is straightforward and commonly used by individuals and small businesses. However, larger entities often employ the accrual method for financial reporting. It's advisable to seek guidance from a tax professional or accountant to determine the appropriate accounting method for specific situations.
Under the cash method of accounting, income is recognized and included in gross income for the year in which it is received or collected. This means that income is recognized when actual payment is received, regardless of when the services were provided or when the sales occurred. This method focuses on the actual cash flow and provides a straightforward way of recording income for tax purposes.
In contrast, the accrual method of accounting recognizes income when it is earned, regardless of when the payment is received. This method matches revenue with the corresponding expenses incurred to generate that revenue, providing a more accurate reflection of the financial performance of a business.
The cash method is often used by individuals, small businesses, and certain professional service providers. It offers simplicity and ease of use, as income is recognized when it is actually received. However, for larger businesses and entities that have significant accounts receivable and accounts payable, the accrual method is generally required for financial reporting purposes.
It's important to note that tax regulations and accounting standards may vary across jurisdictions, so it's advisable to consult with a tax professional or accountant to determine the appropriate accounting method to use based on specific circumstances.
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________ involves first identifying and assessing competitors and then selecting which competitors to attack or avoid.
A) Competitor analysis
B) Benchmarking
C) Customer-centered analysis
D) Market leading
E) The marketing management process
Competitor analysis involves first identifying and assessing competitors and then selecting which competitors to attack or avoid.
Competitive analysis in marketing and strategy management is the evaluation of the strengths and weaknesses of current and potential competitors. This analysis provides offensive and defensive strategic context for identifying opportunities and threats.
Competitive analysis, also called competitive analysis, is the process of identifying competitors within an industry and examining their various marketing strategies. You can use this information as a point of comparison to determine your company's strengths and weaknesses relative to each competitor.
The purpose of a competitive analysis is to understand the strengths and weaknesses of your competitors compared to your company and to find gaps in the market. Competitor analysis is important because: It helps identify ways to improve your business strategy.
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what did not contribute to the collapse of the stock market in 1929?
Answer: stock prices reflected the real value of companies
Explanation:
The range of s is $100 while that of p is $80 across the two states. what is the hedge ratio of the put?
Hedge Ratio = [P(+) - P(-)]/[S(+) - S(-)] = [MAX(120-160)-MAX(120-80)]/[160-80] = (0-40)/80 = -0.5
b1. 1 share & 2 stocks (will be delta neutral hedged portfolio).
At end of period,
if ST = S(+) = 160, Portfolio value VT = S(+) + 2*MAX(120- S(+),0) = 160 + MAX(120-160,0) = 160+0 = 160
if ST = S(-) = 80, Portfolio value VT = S(-) + 2*MAX(120- S(-),0) = 80 + 2*MAX(120-80,0) = 80+2*40 = 160
Hence (nonrandom) payoff to this portfolio = $160.
b2. PV(Portfolio) = 160/1.12 = 142.8571429 = $ 142.86.
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Which technology do online stores usually use to present customized content?
Online stores usually use __
technology to present customized content.
Answer:
real time analytics
Explanation:
T/F : One of the funeral director's duties to his clientele is to not take advantage of the vulnerability of a surviving spouse in selling his services.
One of the funeral director's responsibilities to his clients is to avoid taking advantage of a surviving spouse's weakness when marketing his services. This statement is true.
As a funeral director, it is essential to approach the grieving family and the surviving spouse with empathy, compassion, and ethical conduct. The vulnerability experienced by the surviving spouse during the funeral planning process can be immense, as they are dealing with the loss of a loved one and making important decisions while in a fragile emotional state.
Taking advantage of this vulnerability would be unethical and exploitative. It is the responsibility of the funeral director to provide transparent and honest information about the services offered, their costs, and any available options.
They should ensure that the family fully understands the pricing structure and potential expenses related to the funeral arrangements. By treating the surviving spouse with respect and integrity, the funeral director establishes trust and fosters a positive relationship with the family.
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QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?
Answer:
$31.25
Explanation:
40 hours a week x 4 weeks a month = 160 hours of work per month
$5,000 divided by 160 = $31.25
when american cars sales were suffering due to japanese imports, the government instituted an exchange rate. true false
The government established an exchange rate while American auto sales were suffering as a result of Japanese imports. True.
The government established an exchange rate while American auto sales were suffering as a result of Japanese imports. We refer to a period of extreme prosperity for a business as a boom. The practise of requiring current membership in a particular union as a requirement for employment is known as a closed shop.
The Taft-Hartley Act of 1947 later made closed shops illegal, despite the fact that they were previously tolerated. Thomas Pritchard, an architect from Shrewsbury, had an audacious notion. He suggested building the world's first iron bridge, to be made and completed by Abraham Darby III, his grandson, using his engineering knowledge and new iron-casting technology.
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demand is ___ when the price change results in a relatively larger change in the quantity demanded
Answer:
Demand is elastic when the price change results in a relatively larger change in the quantity demanded :3
Explanation:
:3
Subject: Accounting
Please answerr
On 1 May Sally owed William $400. On 21 May she purchased goods, list price $1440, subject to a trade discount of 25%. She returned one third of these goods on 24 May.How much did Sally owe William on 31 May? Include working.
A $630 B $720 C $1030 D$1120
Answer:
D) $1120
Explanation:
The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120
Answer:
l believe the answer is a