Answer:
Cash Received during the period = $155200
Explanation:
The amount of receipts or cash received during the period can be calculated using the following formula.
Cash Received = Closing Balance + Cash Disbursements - Opening Balance
Cash Received = 67200 + 128000 - 40000
Cash Received = $155200
So, the cash receipts during the period are $155200.
Answer:
No, the debt is not manageable because interest payments equal $96 million per year.
Explanation:
Annual interest payment for debt = 0.08*1.2B = $96 million
Only the interest payment is about 96% of government revenue, so its not manageable.
Answer:
A. In government expenditures and imports.
Explanation:
We are informed about how The city of Ann Arbor Michigan buys a police car manufactured in Germany.
In the case of this transaction, it is included in GDP accounts in government expenditures and imports.
GDP which is known as Gross Domestic Product can be explained as the total market value of domestic finished goods/service that are been produced in a particular period in a country. The net export, as well as consumption and government expenditures and investment are taking into consideration in GDP. It should be noted that social security payment is not accounted with GDP
Answer:
$930.11
Explanation:
We will first find the YTM
Par value 1000
Couple rate 8.50%
N 24
PV $925
PMT $85
FV $1000
We are going to use YTM to find the bonds price of 5 years .
Therefore:
Value in 5 years will be:
N 20
I/YR 9.28%
PMT 85%
FV $1,000
PV $930.116