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3 years ago

Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?

2 answers:

6 0

If officials argue that the government needs to reduce the national debt, I believe that the actions that are most likely to accomplish this goal are to increase taxation and decrease spending.
If they increase taxation, more money will come into the state fund, and if they decrease spending, more money will actually stay there.

Zina [86]3 years ago

5 0

Decrease taxation and spending

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"Consider the futures contract written on the S&P 500 index and maturing in one year. The interest rate is 3%, and the futur

Alex_Xolod [135]

Answer:

a. $2125

b. $2025

c. there is an arbitrage opportunity.

Explanation:

a. St = So x (1+ rm)-D

So = current index price = 2000

rm = return on market = 8%

D = dividends = $35

inserting into the formula:

2000x(1+0.08)-35

= $2125

So x (1+rf)-D

rf = 3%

2000 x (1+0.03)-35

= $2025

c. yes there is an arbitrage opportunity. the investor should go into contract with an exercise price of 2125dollars then short sell asset in future and after this, buy back after at future market price. since actual future price is 2012 and price expected is 2125.

3 0

2 years ago

Assume Purity Ice Cream Company, Inc., in Ithaca, NY, bought a new ice cream maker at the beginning of the year at a cost of $9,

olga_2 [115]

Answer:

Purity Ice Cream Company

a. Depreciation Schedule, using straight-line method:

Cost Depreciation Accumulated Net Book

Expense Depreciation Value

Year 1 $9,000 $2,000 $2,000 $7,000

Year 2 $9,000 $2,000 4,000 5,000

Year 3 $9,000 $2,000 6,000 3,000

Year 4 $9,000 $2,000 8,000 1,000

b. Depreciation Schedule, using unit of production method:

Cost Depreciation Accumulated Net Book

Expense Depreciation Value

Year 1 $9,000 $2,750 $2,750 $6,250

Year 2 $9,000 $1,900 4,650 4,350

Year 3 $9,000 $1,600 6,250 2,750

Year 4 $9,000 $1,750 8,000 1,000

Explanation:

a) Data and Calculations:

Cost of ice cream maker = $9,000

Estimated useful life = 4 years

Residual value = $1,000

Depreciable amount = $8,000 ($9,000 - $1,000)

Annual depreciation (Straight-line method) = $2,000 ($8,000/4)

Estimated productive life the machine = 16,000 hours

Annual usage: Depreciation Expense

Year 1 5,500 hours $2,750

Year 2 3,800 hours 1,900

Year 3 3,200 hours 1,600

Year 4 3,500 hours 1,750

Total 16,000 hours $8,000

Depreciation rate per hour = $0.50 ($8,000/16,000)

4 0

2 years ago

Negotiations between union representatives and management came to a standstill at the Fashion Forward Footwear Company. On the d

Virty [35]

Answer:primary boycott

Explanation:Primary boycott means a boycott by a labor union and its members to stop consumers from using, purchasing, and transporting a particular employer's or a specific company's products, goods, or services.

To boycott means to stop buying or using the goods or services of a certain company or country as a protest.

4 0

3 years ago

regarding references what are some things to keep in mind when creating a reference list for a potential employer

alekssr [168]

When you are creating a references list, you want to make sure that the people you list can speak to your abilities, that they will speak favorably of you and your work, and that they are willing to serve as a reference.

4 0

3 years ago

Read 2 more answers

Solving for PMT of an annuity) To pay for your child's education, you wish to have accumulated $ at the end of years. To do t

Gemiola [76]

Answer:

$783.87

Explanation:

Complete question "To pay for your child's education, you wish to have accumulated $10,000 at the end of 8 years. To dothis, you plan to deposit an equal amount into the bank at the end of each year. If the bank is willing to pay 13 percent compoundedannually, how much must you deposit each year to obtain yourgoal?"

NPER = 8

FV = 10,000

Rate = 13%

PV = 0

Future Value of Annuity = PMT(Rate, NPER, PV, FV)

Future Value of Annuity = PMT(13%, 8, 10000, 0)

Future Value of Annuity = 783.8671964727014

Future Value of Annuity = $783.87

So, one must deposit $783.87 each year to reach the goal.

4 0

2 years ago