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julsineya [31]
2 years ago
13

Econo Nation started 2008 with no national budget debt or surplus. By the end of 2008, it had a budget surplus of $304 million;

in 2009, it had a budget deficit of $452 million; in 2010, it had a budget surplus of $109 million, and the amount of its budget deficit or surplus in 2011 is unknown. If at the end of 2011 Econo Nation’s national debt totaled $50 million, determine the deficit or surplus in 2011.
Business
1 answer:
lorasvet [3.4K]2 years ago
4 0

Answer:

The deficit in 2011 is $11 million

Explanation:

For computing the deficit or surplus, first we have to find out the national budget debt or surplus which is shown below:

= Budget surplus in 2008 + budget deficit in 2009 + budget surplus in 2010

= $304 million - $452 million + $109 million

= - $39 million

And, the national debt is $50 million

So, the deficit would be equal to

= National budget debt + national debt

= -$39 million + $50 million

= - $11 million

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Answer: Option E

                     

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This strategy is seen as informational strategy as similar to this, charismatic  strategy also tries to change and transform the behavior of the  target individual so he or she will be able to perform their task more efficiently.

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3 years ago
What occurs immediately after a boom in the business cycle?
Kaylis [27]

Answer:

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3 years ago
Sunland Company is considering two capital investment proposals. Estimates regarding each project are provided below. Project So
san4es73 [151]

Answer:

a. 4 years and 4.22 years

b.  -$31,350 and $27,615

c. Project Nuts

Explanation:

a. The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

For project soup, it would be

= $600,000 ÷ $150,000

= 4 years

For project nuts, it would be

= $900,000 ÷ $213,000

= 4.22 years

b. The computation of the Net present value is shown below

= Present value of all yearly cash inflows after applying discount factor - initial investment

For project soup, it would be

= $568,650 - $600,000

= -$31,350

The present value is computed below:

= Annual cash flow × pvifa for 5 years at 10%

= $150,000 × 3.791

= $568,650

For project nuts, it would be

= $927,615 - $900,000

= $27,615

The present value is computed below:

= Annual cash flow × pvifa for 6 years at 10%

= $213,000 × 4.355

= $927,615

Kindly refer pvifa table

c. The project Nuts should be accepted as it has positive net present value.

7 0
3 years ago
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3 years ago
Which of the following is a a form of ownership in which each owner of stock in a cooperative apartment building or housing corp
Maslowich

Answer: Cooperative Ownership

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3 years ago
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