1) this is because the households that make 40 000 dollars a year or less, while not paying income taxes at all, pay payroll taxes.
2)What we see here is that the government collects more than it spent (0.2 billion) - we call this situation a budget surplus.
Answer:
buy $300,000 worth of bonds
Explanation:
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FedEx
Accounts Receivable Turnover
Numerator Net Credit Sales = 35,687 = 9.02 times
Denominator Average Accounts Receivable (4415+ 3495)/2
Average Daily Accounts Receivable Turnover
Numerator Days in 4 Years = 0.365 4 4 = 46 debt turnover ratio of 9.02
Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.
In personal banking or financial accounting, a credit is an entry indicating that money has been received. Normally, a checking account register has the balance (deposits) on the right and the debits (money spent) on the left. In a loan, all the requested amount is given at once at the time of lending, whereas in a loan, the bank uses the full amount of the loan to give the customer an amount that can be used as needed.
Learn more about Credit here brainly.com/question/26867415
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Answer:
(a) 8.90%
(b) $102.04
Explanation:
(a) Market capitalization rate i.e. expected return:
= Risk free rate + Beta (Market return - Risk free rate)
= 4% + 0.70 (11% - 4%)
= 8.90%
Therefore, the market capitalization rate is 8.90%.
(b) Intrinsic value of stock:
= Expected dividend ÷ (Required return - Growth rate)
= $5 ÷ (8.90% - 4%)
= $102.04
Therefore, the intrinsic value of the stock is $102.04.
