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Arisa [49]
3 years ago
13

. At the beginning of 2009, a government had a total debt of $540 billion dollars. It ended 2009 with a $6 billion dollar budget

surplus. In 2010, its budget surplus reached $8 billion dollars. What is the total debt of the government equal to at the end of 2010?
Business
2 answers:
umka21 [38]3 years ago
8 0

Answer:

$526 billion

Explanation:

If at the beginning of 2009, a government had a total debt of $540 billion dollars, and it ended 2009 with a $6 billion dollar budget surplus; then in 2010, its budget surplus reached $8 billion dollars. Then the level of total debt would be decreased because:

When a country runs a budget surplus it has a positive effect of reducing the government total debt level of the country.

Hence, the level of government debt will drop from $540 billion from the beginning of 2009 to $526 billion ($540 - $6 - $8) in 2010

Nata [24]3 years ago
5 0

Answer:

Explanation:

In 2009:

Total debt, Tc = $540 billion Budget surplus $6 billion

In 2010:

Budget surplus = $8 billion

Total debt at the end of 2010 = Total debt in 2009 - budget surplus in 2009 - budget surplus in 2010

= $540 billion - $6 billion - $8 billion

= $526 billion

Total debt at the end of 2010 = $526 billion

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Rick is considering the following alternatives for investing in D Industries, which is now selling for $44 per share:
Darina [25.2K]

Answer:

Check the explanation

Explanation:

To calculate or compute the annual percentage growth rate over a particular year period, minus the opening value from the ending value, after which you’ll divide by the opening value. Then multiply the result you got by 100 to get your growth rate that is demonstrated as a percentage.

The step by step calculation can be seen below:

a)if reaches 50 then per share gain

=final-initial-call premium

=50-45-3.25=1.75

gain(%)=gaim/initial)*100

=(1.75/45)*100

=3.89%

b)gain=50-44=6

gain(%)=(6/44)*100

=13.654%

5 0
3 years ago
If a frozen pizza plant is the cost object, classify each of the following costs as direct or indirect, respectively: property i
emmainna [20.7K]

Answer:

Indirect

Direct

Iindirect

Explanation:

Direct cost is the cost that can be traced back to the cost object whereas the indirect cost cannot be traced back. Cost object is something to which the costs are assigned. in this case the cafeteria workers are directly working with the cost object:Frozen pizza plant, hence the cost is directly associated with that. Janitorial supplies and property insurance cost does not directly relate to The cost object given here so it will be classified as indirect cost.

3 0
3 years ago
For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244,410, depreciation expense of $61,900,
Dovator [93]

Answer:

Explanation:

As we know that time interest earned ratio = Income before interest and taxes / interest expense.

Sales                                                                                           = 546000

less: cost of goods sold                                                            =  (<u>244410</u>)

            Gross profit                                                                       301590

Less: <u>expenses</u>

          Depreciation expense                                                      =( <u>61900   </u>)    

         Profit before interest and taxes                                         239690

Less: tax

      (239690 * 23%)                                                                =   (<u>55128</u>)            

                         Profit                                                                   184562

Profit - Retained earning Addition  = Interest

      184562 - 74300 = 110262.

Interest earned ratio = 239690 / 110262 = 2.17 times  

7 0
3 years ago
Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. Each
BigorU [14]

Answer:

Refer To The attached screen shot. It contains the Income Statement Prepared under Absorption Costing.

Explanation:

Absorption Costing assumes that the Manufacturing Costs include Direct Material, Direct Labor, Variable Overhead, and Fixed Overhead. Whereas, Selling and Administrative Expenses are classified as period Costs. These period costs are recognized in the period in which they are incurred. On the other hand, the manufacturing costs are recognized when the goods on which the costs were incurred are sold. That's why we don't recognize $78,000 as a Fixed Overhead because these overhead costs were incurred to produce 6,000 rackets. We have to calculate the fixed overhead cost per unit and multiply it with the units sold.

I hope I made it clear. If you have any queries, feel free to contact me.

Thanks.

7 0
3 years ago
Stuart works on an auto assembly line. Last year he was responsible for welding the upper panel of the wheel well onto the left
Ronch [10]

Answer:

d, job enlargement

Explanation:

Job enlargement is defined as the expansion of job or tasks done by an employee while adding some changes/variety.

From the above question, Stuart used to weld just the upper panel area of the wheel to the left rear wheel. Now, by jo enlargement, Stuart now has the welding of every part of the entire left wheel area of the vehicle.

I hope this helps.

3 0
3 years ago
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