The federal government budget each year is considered to run from October 1 of one calendar year through September 30 of the next.
The federal government budget in the United States each covers three major spending categories.
These spending categories include the following:
- The federal agency funding: this is often referred to as "discretionary spending."
- Interest on the debt: a maximum of 10% of the total funding.
- Funding for Social Security: this is often referred to as Mandatory spending. It covers activities like Medicare, veterans benefits, etc.
Hence, in this case, it is concluded that the federal government budget each year is used to run the country's affairs.
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His total interest after three years is $1,135. 30.
<h3>What is interest?</h3>
Interest refers to money that is received in an investment or a loan. It is always a percentage of the principal sum.
For the first investment;
I = PRT/100 = $3,000 × 2.7 × 3/100 = $243
For the second investment;
A = P(1 + r/n)^nt
A = 5000(1 + 0.018)^3
A = $5275
I = $5275 - $5000 = $275
For the third investment
A = 5,000(1 + 0.00975)^(4 × 3)
A = $5617
I = $5617 - $5,000 = $617
Total interest = $617 + $275 + $243 = $1,135. 30
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Answer:
Option c. is correct
Explanation:
A stock is an investment that denotes an ownership share in a company. Purchasing a company’s stock means purchasing a small piece of that company that denotes a share.
In the given question, if the company goes ahead with the stock issue that would not affect total assets: the interest rate Taggart pays, EBIT, or the tax rate then the tax bill will increase.
Answer:
C
Explanation:
An investment can be financed using debt. Investment isn't only financed by retained earnings.
There are a different array of investments available to a firm. The firm would have to choose investments based on its objectives and the most profitable investment based on its NPV, IRR, payback period or profitability index.
There is usually uncertainty about the stream of cash flows from an investment.
Answer: What are your questions?
Explanation:
No questions asked.
