Therefore, CUTCO must consider strategic options that will lead to substantial growth. Limitation of Retail Expansion CUTCO’s current annual revenue is $260 million, which means it needs to generate an additional $740 million in annual revenues to reach its long-term goal. Each store, based on estimates from the pilot stores, is capable of achieving revenues up to $300,000. As CUTCO increases its prices by 5% every two years, its revenue would grow to $380,000. In order for CUTCO to make up the difference of $740 million in missing revenue, it would need to open 2,000 stores in the U.S. With an initial expenditure of $150,000 per store, this venture would cost the company $300 million.
Each year the Trustees of the Social Security and Medicare trust funds report on the current and projected financial status of the two programs. This message summarizes our 2012 Annual Reports. The long-run actuarial deficits of the Social Security and Medicare programs worsened in 2012, though in each case for different reasons. The actuarial deficit in the Medicare Hospital Insurance program increased primarily because the Trustees incorporated recommendations of the 2010-11 Medicare Technical Panel that long-run health cost growth rate assumptions be somewhat increased. The actuarial deficit in Social Security increased largely because of the incorporation of updated economic data and assumptions.
If actual sales are $1,500,000 in 2009, what would be the forecasted sales for Lockit in 2010? 3. Explain why Larry Husky might prefer Equation 3 to Equation 2. 4. Explain the advantages and disadvantages of using Equation 4 to forecast sales.
Veterans Still In Pain A recently separated veteran of the United States Marine Corps can attest to and write about the some of the hardships they continuously facing day after day and that are keeping them from getting veterans compensation and benefits as well as some of the reasons why. Coming Home A large amount of veterans are leaving active military duty. Over the past 12 years our country has been at war and that called for a need of additional of troops and increase in the defense budget. In January 2012 the President of the United States of America announced a troop cut of almost 100,000 in just the Army and Marine Corps alone since the exact number needed from all services had not been fully calculated. This, according to an article by Lawrence Korb, combined with the retirements of those active duty service members at 20 years of service, will add to the amount of veterans that have voluntarily left active service (Korb, 2012).
| Elder Care Case Study | Contemporary Nursing Issues – GNT 1 | | | Hip fractures are common in the elderly. According to Medical Surgical Nursing: Assessment and Management of Clinical Problems,” more than 200,000 hip fractures occur annually. It is estimated that by the age of 90, 33% of all women and 17% of all men will have sustained a hip fracture” (Lewis, Heitkemper, Dirksen, O’Brien, and Bucher, 2007). One of the factors that contribute to a hip fracture in the older adult is a fall, and surgical repair is the preferred method of treatment. The National Institute of Health (NIH) states, “Mortality within the first year following fracture has been as high as 40%.” Collaborative team work is important in order to determine proper discharge for the elderly patient after having a total hip replacement.
According to Shi & Singh (2012), reports showed that 1 in 3 or 87.6 million Americans were uninsured between 2008 and 2009 under the age of 65. This has contributed to the raise in health care costs. In order to reduce costs, the U.S. health care delivery system needs to have a plan in place to ensure that all of America’s population is insured such as the creation of the Obama Care Plan. The term delivery refers to the provision of health care services by various providers (Shi & Singh, 2012). Providers include physicians, hospitals, clinics, private doctor offices, and other entities.
The firm is currently having problems cost effectively meeting run length requirements as well as meeting quality standards. The general manager has proposed the purchase of one of two large six-color presses designed for long, high-quality runs. The purchase of a new press would enable LI to reduce its cost of labor and therefore the price to the client, putting the firm in a more competitive position. The key financial characteristics of the old press and the two new presses are summarized in what follows. Old press – Originally purchased 3 years ago at an installed cost of $400,000, it is being depreciated under MACRS using a 5-year recovery period.
The Elderly Population By: Michele Combs NSG 440 July 12, 2010 The Elderly Population During the past few decades, society and government have placed a great deal of concern and attention on the aging population. People over the age of 65 account for approximately 15 percent of the general population. During the next two decades, these numbers are expected to increase dramatically. Some predictions state that more than 70 million American citizens will be considered elderly by 2030. The elderly population is a group of citizens that require a great deal of medical and social assistance and protection.
My personal experience has even afforded me proof of the wait times. I can recall times when I did not have insurance and had to wait for what seemed like forever at the emergency room as opposed to when I had insurance and was seen promptly. In 2006, the private health industry proved to be one of the largest in the United States. Insurance companies, hospitals, and care facilities combine to make the private health care field an employee of thousands of people (ehow.com) . In addition, policy holders who pay insurance fees can be viewed as a practical action to ease off the government's financial burden that comes with providing universal healthcare.
Raising Social Security’s Retirement Age Melissa M. Favreault and Richard W. Johnson July 2010 Increasing Social Security’s retirement age appears to be gaining political traction. In June 2010, the majority and minority leaders of the U.S. House of Representatives both expressed willingness to raise the retirement age. This would promote work at older ages, improve the system’s solvency by shortening retirements and reducing lifetime benefits, and better target benefits to the oldest Americans. It could, however, create hardship for workers with health problems unless Congress improves the disability safety net. Background • Retirees are eligible to receive Social Security benefits at age 62, the early entitlement age.