Answer: Trade Deficit ($10 Billion).
Explanation:
C=40+0.8Y
Ig=$40 billion
X=$20 billion
M=$30 billion
where,
Y - GDP
C - Consumption
Ig - Gross investment
X - Exports
M - Imports
Balance of trade or Trade balance = Exports - Imports
Since, Imports are greater than the exports, so the nation is experiencing a trade deficit.
Trade deficit = Imports - Exports
= $30 - $20
= $10 billion
Answer:
$307 million
Explanation:
Iron ore Corporation reported a free cash flow of $106 million
The investment in operating capital is $189 million
Iron ore listed a depreciation expense of $39 million and a tax of $51 million on its income statement for 2008.
The first step is to calculate the operating cash flow
Free cash flow= Operating cash flow-Investment in operating capital
$106m= OCF-$189m
OCF= $106m+$189m
OCF= $295m
Operating cash flow= $295 million
Therefore, the EBIT can be calculated as follows
Operating cash flow= EBIT-Taxes+Depreciation
$295m= EBIT-$51m+$39m
$295m= EBIT-$12m
EBIT= $295m+$12m
EBIT= $307 million
Hence the iron ore's 2008 EBIT is $307 million.
Answer:2,728,146,373,648,273,438,956,857,326,726
Explanation: I live on earth
