Answer:
-$13 million
Explanation:
Given that,
Budget surplus by the end of 2013 = $286 million
Budget deficit in 2014 = $425 million
Budget surplus in 2015 = $100 million
Budget deficit or surplus in 2016 is unknown.
National debt at the end of 2016 = $52 million
National Budget surplus/ deficit at the end of year 2015:
= Budget balance of 2013 + Budget balance of 2014 + Budget balance of 2015
= $286 million + (-$425 million) + $100 million
= -$39 million
So the government will fund this deficit by taking debt of $39 million.
National debt at the end of 2016 = Total debt till 2015 + Surplus/deficit for year 2016
-$52 million = (-$39 million) + Surplus/deficit for year 2016
- $52 million + $39 million = Surplus/deficit for year 2016
-$13 million = Surplus/deficit for year 2016
This is budget deficit of $13 million because debt increased by 13 million in 2016.
Governments often control apartment rents because many middle- and low-incomeearners prefer living in rental homes while wealthy people prefer buying houses. Thepurchasing power of rental apartments is high since the middle- and low-income earnersconstitute a higher percentage of the earning population
Answer:
Net cash provided by financing activities $315,000
Explanation:
The computation of the net cash provided or used by financing activities is shown below:
Issuance of common stock $275,000
Issuance of bonds payable $469,000
Less: Payment of dividends $380,000
Less: Purchase of treasury stock $49,000
Net cash provided by financing activities $315,000
Incomplete question. However, I answered based on the information.
Explanation:
We can determine which Credit card is best in terms of its interest rate by comparing both rates monthly:
Credit card A
<u>APR for the First 3 months:</u>
4.1% / 360 days = 0.009% x 30 = <u>0.27% </u>per month for the first 3 months.
<u>APR for Next 9 months:</u>
15.7% / 360 days = 0.04361% x 30 = <u>1.308% </u>per month for the next 9 months.
Credit card B:
<u>APR the First 3 months</u>
4.2% / 360 days = 0.011% x 30 = 0.33% per month for the first 3 months
<u>Next 9 months:</u>
15.5% / 360 = 0.04305% x 30 = <u>1.291%</u> per month for the next 9 months
Hence, we can conclude,
- For the first 3 months,
Credit Card A is best because it offers lower interest charges.
- For the next 9 months, Credit Card B is best because it offers lower interest charges.
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Martha Stewart started her work as a model at the age of 13, she used to appear in fashion shows as well as television and print advertisements. She also<span> started a catering business in the late 1970s. Soon she was known for her gourmet menus and unique, creative presentation.</span>
