Answer:
The correct answer is A) Debt increased by $1.6 trillion
Explanation:
To find whether the government has a surplus or a deficit, we use this simple formula:
Govt surplus/deficit = G-T
where G = government outlays, and T= government revenue or taxes.
- If G > T Government has a deficit
- if G = T Government has a balanced budget
- if G < T Government has a budget surplus
Now, we simply replace the terms
- Govt surplus/deficit = $3.8 billion - $2.2 trillion = $1.6 billion
Because in this equation G > T, the government is in deficit, the deficit equals $1.6 billion, and will have to be financed by issuing debt. Hence, debt will increase by the same amount.
An information memorandum is very vital for a business because its gives the potential buyers an impression of your business before they meet physically or online with the company.
<h3>What is an
information memorandum?</h3>
Let understand that the I.M. refers to an information memorandum.
An information memorandum refers to sales memorandum which is document produced prior to selling the business or opening of pitch to any prospective buyers.
In conclusion, an information memorandum is very vital for a business because its gives the potential buyers an impression of your business before they meet physically or online with the company.
Read more about information memorandum
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Answer:
option (C) $1,353
Explanation:
Annual dividend paid = $1.25
Increase in dividend annually, g = 2%
Number of stocks to be purchased = 100
Rate of return, r = 12%
Price at the end of Year 3 = 
here, n = 4 (after 3 years)
Price at the end of Year 3 = 
or
Price at the end of Year 3 = 
or
Price at the end of Year 3 = $13.53
Therefore,
Expected amount to be paid for 100 shares = $13.53 × 100 = $1,353
Hence,
the correct answer is option (C) $1,353