All of the Following Are Factors Contributing to the Gradual

question 104

Multiple Choice

All of the following are factors contributing to the gradual increasing of the average age of the US workforce EXCEPT

• A) ​the baby boom generation continues to age.
• B) ​declining birthrates among the post-baby boom generations.
• C) ​a booming US economy.
• D) ​improving health and medical care.
• E) ​people approaching traditional retirement ages do not have enough savings.

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Definitions:

Salvage Value

The forecasted sale price of an asset at the conclusion of its effective life span.

Annual Cost Savings

The reduction in total expenses achieved during a fiscal year, often as a result of efficiency improvements, renegotiating contracts, or eliminating waste.

Pretax Return

The profit a company generates before taxes are deducted.

Profitability Index

An economic instrument that evaluates the comparative profitability of an investment by dividing the current value of forthcoming cash flows by the initial cost of investment.