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Blizzard [7]
2 years ago
5

Econo Nation started 2015 with no national budget debt or surplus. By the end of 2015, it had a budget surplus of $304 million;

in 2016, it had a budget deficit of $452 million; in 2017, it had a budget surplus of $109 million; and the amount of its budget deficit or surplus in 2018 is unknown. If at the end of 2018 Econo Nation’s national debt totaled $50 million, determine the deficit or surplus in 2018.
Business
1 answer:
klemol [59]2 years ago
8 0

Answer:

$11 million

Explanation:

Calculation to determine the deficit or surplus in 2018.

First step is to calculate the national budget debt using this formula

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

Let plug in the formula

National budget debt= $304 million - $452 million + $109 million

National budget debt= - $39 million

Now let calculate the the deficit or surplus in 2018 using this formula

Deficit or surplus= National budget debt + national debt

Let plug in the formula

Deficit or surplus= -$39 million + $50 million

Deficit or surplus= $11 million

Therefore the deficit or surplus in 2018 is $11 million

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It is indisputable that the work environment is a key factor in work relationships, however, it is difficult to define it and to specify the characteristics that determine it. From the employee's point of view, the work environment is the set of conditions that contributes to achieving satisfaction in the workplace. From the perspective of the company, it can be defined as the sum of elements that influence the organizational climate, productivity and good performance of employees.

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3 years ago
Assume that locating a cement factory in the middle of Boston would save the producer $5 million at a public expense, in polluti
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Answer:

$5 million

Explanation:

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2 years ago
When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be
Olegator [25]
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3 years ago
One of the disadvantages of using electronic money is it is possible to lose track of one's budget.
pshichka [43]

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You are offered a chance to buy an asset for $5,250 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
jeyben [28]

The rate of return I would earn if you bought the asset is 16.91.

<h3>What is the internal rate of return?</h3>

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a capital budgeting method.

IRR can be calculated with a financial calculator

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  • Cash flow in year 2 = $1000
  • Cash flow in year 3 = $850
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IRR = 16.91%

To learn more about the internal rate of return, please check: brainly.com/question/24172627

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