1.Which of the following expenditures will most likely decrease during retirement?Home maintenance.Health care costs.Vacation and travel costs.Retirement savings.2. Colin is 40 years old and wants to retire in 27 years. His family has a history of living well into their 90s. Therefore, he estimates that he will live to age 95. He currently has a salary of $150,000 and expects that he will need about 75% of that amount annually if he were retired. He can earn 8 percent from his portfolio and expects inflation to continue at 3 percent. Some years ago, he worked for the government and expects to receive an annuity that will pay him $20,000 in today’s dollars per year beginning at age 67. The annuity includes a cost of living adjustment, which is equal to inflation. Colin currently has $200,000 invested for his retirement. His Social Security benefit in today’s dollars is $30,000 per year at normal age retirement of age 67. How much does he need to accumulate at age 67 exclusive of his pension and Social Security benefits?$2.1 million.$2.2 million.$2.8 million.$2.9 million.3. Jasmine is 53-years old and earns $115,000 a year. She saves 12% of her annual gross income for retirement. Jasmine will pay off her mortgage by the time she retires. Her monthly payment is $1,950.21. Calculate Jasmine's wage replacement ratio using the top-down approach (round to the nearest %) and using pre-tax dollars. Assume that she wants to maintain her lifestyle.60%.

ASSIGNMENT INFORMATIONDue DateMonday, December 14, 20209:00 AMPoints Possible135Assignment 4: Supply Chain Management and Financial PlanDue Week 10 and worth 135 points"One of the most important steps in launching a new business venture is fashioning a well-designed, practical, realistic financial plan." (Scarborough & Cornwall, 2015, p. 454).With this assignment, you are creating two important elements of a financial plan: an Income Statement and Balance Sheet. You also are preparing an outline of a presentation of your business plan to potential investors or lenders.Using the business you created from Assignments 2 and 3, write a three to four (3-4) page paper in which you:Prepare a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan.Outline a plan for hiring and retaining competent, motivated employees for your business.Prepare an outline for a "pitch," i.e., a short 20-30 minute business plan presentation that will be made to lenders or investors.Include at least two (2) references outside the textbook.Your assignment must follow these formatting requirements:This course requires use of Strayer Writing Standards (SWS). The format may be different than other Strayer University courses. Please take a moment to review the SWS documentation for details (more information and an example is included in the Strayer Writing Standards left menu link).Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required page length.The specific course learning outcomes associated with this assignment are:Analyze the key financial management considerations in operating a small business, including sources of financing.Determine the various control and support functions needed to manage a small business.Use technology and information resources to research issues in small business management.Write clearly and concisely about small business management using proper writing mechanics.Click here to view the grading rubric.By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution's policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.Institution Release Statement

Complete a brief letter in Microsoft Word reflecting on your experiences in college so far. Introduction To be successful in this digital world, you must understand how to compose and convey your ideas to others. However, this is not always as easy. The Internet has allowed us to access an incredible amount of information, but not all of it is trustworthy. When it comes to your academic and professional career, knowing how to find the truth is the key to your success. This means learning how to evaluate sources, avoid accidental plagiarism, and use tools such as Microsoft Word and social media to find and share accurate information with the world. For this assessment, you will continue to develop your digital proficiency by using the world's most popular word-processing software, Microsoft Word. By practicing using this digital tool, you will feed your success and build your confidence, at school and at work. The purpose of this assessment is to use digital tools to share information and reflect on your experiences. Practicing these skills will feed your success and build your confidence, both at school and at work. Within the context of this assessment, you're going to put yourself in the frame of mind that you need to help a colleague understand why using digital literacy to avoid plagiarism is important to their future career success. Keep in mind that digital proficiency is using technology tools well and that digital literacy is using tools to communicate well and using strong online resources. They are similar; however, for the purposes of this assessment, we are focusing on digital literacy. In other words, finding and using strong online resources, making sure that the words you use are your own, all while also assuring proper attribution to the sources you are using and paraphrasing. Assessment Instructions Download the Assessment 2: Business Letter Template [DOCX]. Format the document according to instructions. Delete all of the directions—the text in brackets [ ]—from the document. Right-align your company name and date at the top of the letter. Left-align the addressee name and text of the letter. Edit the document by replacing the text in brackets [ ] with your answers to complete the letter. Your letter should address the following, as indicated in the template: Describe the risks of plagiarizing from digital sources. Note how plagiarizing in professional work could impact future career success. Explain digital literacy in terms of offering a definition and examples of relevant skills. Note why digital literacy is important to success in professional pursuits. Use the tools in Word to find and correct any spelling errors. Save your document (in the folder location that you prefer) as: Lastname_COM-FPX1150_A2_letter. Submit your assessment. Competencies Measured By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria: Competency 1: Use computers, software, and online tools to effectively complete a task. Format a document according to instructions. Competency 4: Integrate credible and relevant sources into coursework to enhance clarity and support claims. Explain digital literacy in terms of offering a definition and examples of relevant skills. Competency 5: Address assessment purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences. Describe the risks of plagiarizing from digital sources. Address assessment purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences.