SciTronics had a total of $ 102,000 (75,000 + 27,000) of capital at year-end 2008 and earned before interest but after taxes (EBIAT) $ 16,120 (avg. tax rate = 38%) during 2008. Its return on capital was 15.8% in 2008 which represented an increase from the 8.7% earned in 2005. 4. SciTronics had $ 75,000 of owners’ equity and earned $ 14,000 after taxes in 2008.
C) The answers are different because if the interest is left untouched, it makes the principal amount higher each year, giving more money after 10 years. Compounded interest allows for more money that simple interest would. 2. A) If the individual retires at the age of 65, having started the program at age 40, there would be $219,318 in the account. $3,000 x (8% in 25 years) 3000 x 73.106 = $219,318 B) If
What does research/statistical data say about: The average age for retirement from the workforce? Workers are now retiring at older ages because the incentives to retire have changed. Since the mid-1990s, the average retirement age has risen from 62 to 64 for men and from 60 to 62 for women, according to a new Center for Retirement Research at Boston College analysis of Census Bureau data. The trend toward later retirement has been driven by declines in traditional pensions and retiree health benefits offered by employers, changes in the way Social Security benefits are calculated, better education and health, and less strenuous jobs that people are able to perform at older
After-tax net cash flows are then expected to grow at a rate of 4% per year for 7 years, ending 8 years from today. In each year after that in perpetuity, after-tax net cash flows are expected to grow at a more sustainable rate of 2% per year. The project’s cost of capital is 15%. (a) [2] What is the terminal value of the project at the end of year 8? Terminal value at the end of year 8 is the value at that time of the after-tax net cash flows that the project is expected to provide after that date.
Over the last century, there has been a decline in premature deaths throughout developed countries (Alder et al, 2009). Life expectancy has grown in the United Kingdom from 45 for females and 49 for males In 1901 and in more recent times to 75 years for male and 80 years for female in 1999 (Hicks and Ellen;1999). Not everywhere is experiencing longevity of life the average life expectancy in Zimbabwe is 35.5 (Stibich, 2009).The ONS (2009) have suggested that males and females in the UK could expect to live to 77.44 and 81.65 years respectively. The same report also highlighted the gap between the genders after surviving to 65 years. This is illustrated in the diagram below.
From this we know that a) Firm A has a higher profit margin than firm B b) Firm B has a higher profit margin than firm A c) Firm A and B have the same profit margin d) Firm A has a higher equity multiplier than firm B 16. If you deposit $15,000 per year for 9 years (each deposit is made at the beginning of each year) in an account that pays an annual interest rate of 8%, what will your account be worth at the end of 9 years? 17. You plan to accumulate $450,000 over a period of 12 years by making equal annual deposits in an account that pays an annual interest rate of 9% (assume all payments will occur at the beginning of each year). What amount must you deposit each year to reach your
It’s expected to grow 8 % nationwide and only 2 % in PA. Although growth isn’t expected to be as high, the wages within the state exceed the overall wage throughout PA will receive $ 0.30 more per hour. Location | Pay Period | 2009 | | | 10% | 25% | Median | 75% | 90% | United States | Hourly | $7.41 | $8.28 | $9.74 | $13.11 | $18.49 | | Yearly | $15,400 | $17,200 | $20,300 | $27,300 | $38,500 | Pennsylvania | Hourly | $7.43 | $8.22 | $10.04 | $13.70 | $19.21
Introduction Healthy ageing can be considered an individual, community, public and private sector approach that aim to maintain and improve the physical, emotional and mental wellbeing of older people (Andrews 2005). By 2020 the world's population will include more than 1 billion people aged 60 and older (Sanders, 2006) and Australia’s population equally is getting older too. Around 9 per cent of Australia’s population (approximately 2 million people) is aged 70 years or older and this is expected to rise to 13 per cent by 2021 and to 20 per cent (around 5.7 million people) in 2051 (Department of Health and Ageing, 2008). The goal for nursing care is 'to assist older persons in achieving optimal health, well-being, and quality of life, as determined by those receiving care or consistent with the values and known wishes of the individual' (The International Council of Nurses (ICN), 2009). This essay will discuss and critically analyse the nurses’ role in promoting healthy ageing in terms of the important aspects which are to avoid disease and disability, maintain high physical and cognitive function, and sustained engagement in social and productive activities.
Aging Population In the United States many senior citizens are living longer. The change of growth in the senior population of America is ranked on of the most important demographic developments in today’s century and will continue into the centuries to come. In the United States, proportions aged 65 is projected to increase from 12.4% in year 2000 to 19.6% in year 2030. (MMWR, 2003) According to the article, why population aging matters, the population aging is driven by declines in infertility and improvements in health and longevity. We will soon have more elderly then children in the United States.
As of September 2011, seniors accounted for 14.4% of the total population, an increase of 0.3 percentage points from 2010. Life expectancy has also risen to 81.38 years and median age to 39.9. The twenty-first century has seen the impending retirement of the large baby boom cohort. As a result of the recession in 2008 many retirees went back to work, labour participation rate of the proportion of people aged 55 and over rose from 10% to 17% between 2001 and 2009. The aged labour force has contributed ..........to GDP.