1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enyata [817]
3 years ago
13

If the public debt of a country in 2009 was $12,752,000,000 in the budget for 2010 was in deflicit by $201,645,000,000, what was

the public debt in 2007
Business
1 answer:
gtnhenbr [62]3 years ago
6 0
Y = $12,752,000,000,000 + $201,645,000,000 = 12,953,645,000,000
x = $12,752,000,000,000
r = ?n = 2010 - 2009y = x(r + 1)ⁿ
12,953,645,000,000 = 12,752,000,000,000 * (r + 1)¹
12,953,645,000,000 ÷  12,752,000,000,000 = (r + 1)¹
1.016 = r + 1
r = 1.016 - 1
r = 0.016
y = $12,752,000,000,000    (since it is in 2009, this is future value)
x = ?   (initial value in 2007
r = 0.016
n = 2009 - 2007 = 2


y = x(r + 1)ⁿ
12,752,000,000,000 = x(0.016 + 1)²
12,752,000,000,000 = x(1.016)²
12,752,000,000,000 = x * 1.032
x = 12,752,000,000,000 ÷ 1.032
x = 12,356,589,147,287 the answer

You might be interested in
The government’s authority at all levels to ensure the health, safety and welfare of its citizens, which includes the control of
maxonik [38]

Answer:

Police Power

Explanation:

According to my research on different government powers, I can say that based on the information provided within the question this is the definition of Police Power. Like mentioned in the question this is the ability that states have to regulate it's citizens behaviors and maintain order, for the health, safety, and general welfare of those citizens.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Read 2 more answers
Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $2,94
DaniilM [7]

Answer:

Predetermined manufacturing overhead rate= $391.78 per direct labor hour

Explanation:

Giving the following information:

Budgeted factory overhead= $2,948,125.

Direct labor hours:

Flutes= 2,000*2= 4,000

Clarinets= 1,500*3= 4,500

Oboes= 1,750*1.5= 2,625

Total direct labor hours= 7,525

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 2,948,125/7,525

Predetermined manufacturing overhead rate= $391.78 per direct labor hour

3 0
4 years ago
A loss from the disposal of a significant component of a business should be reported separately in the income statement: after i
wlad13 [49]

<u>Answer:</u> Option 1 After income from continuing operations.

<u>Explanation:</u>

A disposal account shows the profit or loss from the sale of any asset. When the sale price is higher than the book value of the component then it is a gain. When the sale price is less than book value then it is a loss.

Loss from the sale of component will reduce the income of the business. When there is a loss it is debited in the income statement. This appears below the operations income and it is deducted from the revenue to show the actual value of the revenue.

8 0
4 years ago
On December 1, Year 3, Wall Co. Paid $860,000 in cash for all of the outstanding stock of Hart Corp. The book valueof Hart’s ass
kvv77 [185]

Answer:

$66,000

Explanation:

The $60,000 paid as last month's rent will be reported as an asset, prepaid rent, and the deposit of $80,000 will be reported as an asset, deposits. The new walls and offices costing $360,000 will be capitalized as leasehold improvements and amortized over the 5-year term of the lease. Amortization will be $72,000 per year or $6,000 per month. As a result, Tell will report expenses in 20X0 of $60,000 in rent and $6,000 in amortization for a total of $66,000.

5 0
4 years ago
Read 2 more answers
Countries with more independent central banks have lower inflation rates, but these have come at the expense of greater output f
andrezito [222]

Answer:

False

Explanation:

Countries with more independent central banks have lower inflation rates, but these have come at the expense of greater output fluctuations is a false statement as we know that, an independent Central Bank could have higher credibility. If somebody has a higher conviction in the Central Bank, this accommodates to subdue inflationary expectations. Indeed, this causes inflation more accessible to keep lowering.

4 0
3 years ago
Other questions:
  • Imagine that the U.S. Congress, recognizing the importance of being well dressed, started giveing preferential tax treatment to
    7·1 answer
  • Information on a prospective investment for Wells Financial Services is given below. Period 1 2 3 4 Loan Funds Available 3000 70
    13·1 answer
  • Cost per click is a measure in which
    14·1 answer
  • What is one advantage and one disadvantage of online learning?
    6·1 answer
  • Treasury stock should be reported in the financial statements of a corporation as a(n)a. investment.b. liability.c. deduction fr
    13·2 answers
  • On July 31, 2022, Cullumber Company had a cash balance per books of $6,305.00. The statement from Dakota State Bank on that date
    5·1 answer
  • An attorney who graduated two years ago is trying to develop a personal injury practice, but struggling to find new clients. The
    15·1 answer
  • Which problem is more likely to affect a partnership than a corporation?
    12·2 answers
  • While in the planning stage, what would a project manager create through the use of software?
    11·1 answer
  • Last year Wei Guan Inc. had $625 million in sales, and it had $270 million in fixed assets that were used at 65% of capacity. In
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!