How is the national debt affected by the national budget?
2 answers:
The National debt is affected by the National budget because the debt decreases as the government prints money.
Answer:
The debt increases every year that there is a budget deficit
Explanation:
When the national spending is greater than national revenue there is budget deficit. The national debt is accrual of that budget deficit. Hence when there is budget deficit there is increase in national debt.
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a) b.20,000
b) b.20,000
Explanation:
a) Number of common stocks issued = 200,000/10
= 20,000
So, 5000 stocks remain with company.
Number of common stocks outstanding = 20000
b) b. 20,000
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Based on this, how much has the company expensed over the life of the asset? A : $51,300
Explanation:
Cost Annual Dep. Accum. Expense Accum. Depre
Year 1 68400 8550 8550
Year 2 8550 17100
Year 3 8550 25650
Year 4 8550 34200
Year 5 8550 42750
Year 6 8550 51300
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