The correct answer should be <span>Increase taxation and decrease spending
This would be the most efficient way to do this since you would get more money from taxes and they would lose less money because of lack of spending. People would probably be dissatisfied, but it would help the budget. </span>
Answer:
I think the answer would be $18,750
Explanation:
Answer:
The mutual fund charge investors can charge you certain fee which is equivalent to the investment assets percentage. Also, an unofficial benchmark has been fixed to 1 %, though the advisers can take from you a little less or a little more. Hence, if you are investing $200,000. you need to invest $2000 each year as fee. However, the commission varies with product types as well
Explanation:
The mutual fund charge investors can charge you certain fee which is equivalent to the investment assets percentage. Also, an unofficial benchmark has been fixed to 1 %, though the advisers can take from you a little less or a little more. Hence, if you are investing $200,000. you need to invest $2000 each year as fee.
However, the commission varies with product types as well. The ELSS fund requires 4.5% to 1%, the equity funds requires 0.5 to 2.5% and debt funds require 0.2% to 0.8%.
Answer:
The amount of cash received will be $6039
Explanation:
The amount of cash received on January 24 will be the net amount after deducting the sales returns and the discount allowed as the payment is made within 10 days period of the sale and the terms 1/10 states a 1% discount if payment is made within 10 days.
The net value of receivables after sales returns = 7000 - 900 = 6100
The discount allowed = 6100 * 1% = 61
Cash to be received = 6100 - 61 = $6039
Idk but like hey good luck sir I believe in you