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3 years ago

Why is it important to study public finance

Business

2 answers:

nasty-shy [4]3 years ago

7 0

<h2 />

Explanation:

<h3>Government finance is important to achieve sustainable high economic growth rate. The government uses the fiscal tools in order to bring increase in both aggregate demand and aggregate supply. The tools are taxes, public debt, and public expenditure and so on.</h3>

pav-90 [236]3 years ago

5 0

Public finance can be defined as the study of government activities, it includes spending, deficits, and taxation.

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2. Suppose you borrow $2,000 at 5% and you are going to make annual payments of $734.42. How long before you pay off the loan

Alona [7]

Answer:

3 years

Explanation:

The computation of the time period is shown below

Present value of annuity = Annuity × [1 - (1 + interest rate)^-time period] ÷ rate

$2,000 = $734.42 × [1 - (1.05)^-n] ÷ 0.05

$2,000 = $14,688.4 × [1-(1.05)^-n]

1-(1.05)^-n = ($2000 ÷ $14,688.4)

(1.05)^-n = 1 - ($2000 ÷ $14,688.4)

( 1 ÷ 1.05)^n = 0.86383813

Now take the log to the both sides

n × log(1 ÷ 1.05) = log0.86383813

n = log0.86383813 ÷ log (1 ÷ 1.05)

= 3 years

6 0

3 years ago

A(n) ____ is a separate, small, informal, highly autonomous, and often secretive group that focuses on breakthrough ideas for th

saveliy_v [14]

A skunkwork is a separate, small, informal, highly autonomous, and often secretive group that focuses on breakthrough for the business.

5 0

2 years ago

Hermansen Corporation produces large commercial doors for warehouses and other facilities. In the most recent month, the company

timurjin [86]

Answer:

Variable overhead efficiency variance = $2,212unfavorable

Explanation:

variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected.

Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance

Hours

5,400 units should have taken (5,400×3.8 hours) 20,520

but did take <u> 20,800</u>

Labour hours variance 280 unfavorable

Standard variable overhead rate × <u>$ 7.90</u> per hour

Variable overhead efficiency variance $2,212 unfavorable

Variable overhead efficiency variance = $2,212unfavorable

8 0

3 years ago

________ leaders inspire followers to transcend their self-interests for the good of the organization and can have an extraordin

dsp73

The answer to this question is Transformational leaders.

<span>Transformational leaders are leaders who inspire their subordinates / followers by being a role model in order for the members or followers to enhance their performance. Transformational leaders increase the morale of the members by creating a vision for them to be guided and inspire the members to do their best and be motivated always.</span>

8 0

3 years ago

Kermit is considering purchasing a new computer system. The purchase price is $133,063. Kermit will borrow one-fourth of the pur

lesya [120]

Answer:

NPV = $20,040.35

Explanation

The net present value NPV) of a project is the present value of cash inflow less the present value of cash outflow of the project.

NPV = PV of cash inflow - PV of cash outflow

We can set out the cash flows of the project using the table below:

Annual net cash inflow = Savings - Technician cost = 61,427- 20,000

= $41,427

PV of Cash flow= $41,427 × (1-(1.12^(-5))/0.12= 149,335.06

PV of salvage value = 1.12^(-5)×$6,641 = 3768.281749

NPV = 149,335.06 + 3,768.281 -133,063= 20,040.35

7 0

2 years ago