-0.01 billion is lilliput's  a budget deficit. Total expenditure minus total receipts is the fiscal deficit (excluding borrowings). Revenue outlays plus capital outlays are equal to the revenue inflows plus capital inflows minus borrowings. 
Despite being primarily utilised by governments, this has a wide range of applications for both people and companies. A government has a budget deficit when it spends more in a given inflows than it brings in the through taxes, for example. As a straightforward illustration, consider a government that receives $10 billion in revenue one year but spends $12 billion, creating a $2 billion budget deficit.
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Answer:
 International Trade
Explanation:
Based on the information provided within the question it can be said that in this scenario Yummy Snacks is most likely involved in International Trade. This refers to exchanging goods or services across international borders throughout various countries, either exporting or importing. Which is what Yummy Snacks is doing by exporting their product to consumers in various Latin American Countries in exchange for money.
 
        
             
        
        
        
Answer: A. What was your average compounded return per year over a particular period?
Explanation:
Geometric return is calculated by the formula;
= [(1 + r1) * (1 + r2) * (1 + r3) *.... (1 + rn)] ^1/n
This allows for one to calculate the compounding effect over a period of time by showing the compounded annual growth rate which means that it tells what the average compounded return was per year in a particular period. 
 
        
             
        
        
        
Answer:
WACC = 0.08085  or  8.085% rounded off to 8.09%
Option c is the correct answer.
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure that can contain one or more of the following components, namely debt, preferred stock and common equity. The formula to calculate the WACC is as follows,
WACC = wD * rD * (1-tax rate)  +  wP * rP  +  wE * rE
Where,
- w represents the weight of each component
- D, P and E represents debt, preferred stock and common equity respectively
- r represents the cost of each component
We first need to calculate the weight of each stock. We know the basic accounting equation is,
Assets = Debt + Equity
We know the debt to equity ratio is 3. Then total assets will be,
Assets = 3 + 1
Assets = 4
Using the CAPM equation, we can calculate the cost of equity.
r = risk free rate  +  Beta  *  Market risk premium
r = 0.03  +  1.5  *  0.09
r = 0.165  or  16.5%
WACC = 3/4  *  0.08  *  (1 - 0.34)  +  1/4  *  0.165
WACC = 0.08085  or  8.085% rounded off to 8.09% 
 
        
             
        
        
        
Answer: credible commitment
Explanation:
From the question, we are informed that BioGrow Pharma Inc. wanted its research partner, an R&D company, to develop a cancer vaccine but that the project required huge capital investments, and its research partner was not ready to solely face the risks involved. 
Therefore, to gain its partner's confidence and to prove its involvement, BioGrow Pharma invested $100 million in the project. This investment made by BioGrow Pharma will result in a credible commitment.