Statistics Suggest That by the Year 2050 ______ in Every

question 127

Multiple Choice

Statistics suggest that by the year 2050 ______ in every five Americans will be ________ years old or older.

• A) two, 65
• B) three, 62
• C) four, 62
• D) one, 65
• E) none of the above answers is correct

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Definitions:

Cash Flow Recovery

The process of regaining the cash that was used in investments or incurring costs, often evaluated in terms of investment payback period or returns.

Net Working Capital

A comparison of a company's short-term assets versus its short-term obligations, indicating its fiscal health in the immediate future.

Capital Cost Allowance (CCA)

A taxable expense in Canadian tax law that represents a yearly deduction for the depreciation of property used in a business or profession.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be converted to cash in the near-term.