Answer:
Someone already gave the correct answer so look above me
The federal government budget each year is considered to run from October 1 of one calendar year through September 30 of the next.
The federal government budget in the United States each covers three major spending categories.
These spending categories include the following:
- The federal agency funding: this is often referred to as "discretionary spending."
- Interest on the debt: a maximum of 10% of the total funding.
- Funding for Social Security: this is often referred to as Mandatory spending. It covers activities like Medicare, veterans benefits, etc.
Hence, in this case, it is concluded that the federal government budget each year is used to run the country's affairs.
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Answer:
a) $94.88
b) in 1 year, the intrinsic price of the stocks should increase to $109.11
Explanation:
year dividend EPS
0 0 $10
1 0 $12
2 0 $14.40
3 0 $17.28
4 0 $20.736
5 0 $24.8832
6 $11.45 $28.61568
growth rate up to year 5 = 20%
ROE growth rate starting year 6 = 15%
dividend growth rate starting year 6 = 15% x (1 - 40%) = 9%
cost of equity = 15%
horizon value at year 5 = $11.45 / (15% - 9%) = $190.83
current intrinsic value per stock = $190.83 / 1.15⁵ = $94.88
intrinsic price in 1 year = $190.83 / 1.15⁴ = $109.11
Answer:
Correct option is A.
Explanation:
As stated in general statement, precaution is better than cure.
Similarly, as per Technician A the tools has to be inspected before using them. Technician B states that the tools shall be inspected along with following the guidelines as by the manufacturers and producers.
Thus, on his part the Technician B is also right but, it can happen that there is a fault in procedure, which is not identifiable if method followed by Technician B.
Correct option is A.
