Answer:
The correct answer is letter "B": can be viewed as negative tax payments, T.
Explanation:
In the U.S., government transfer payments or simply called transfer payments are local, state and federal payments the government sends to individuals enrolled in social programs such as the Social Security, Medicaid or unemployment welfare.
<em>They are considered negative tax payments since the funds used comes from taxpayers but it is not redistributed to investments of public interest. </em>However, income received by individuals in need from the government is taxed, too.
To solve this problem, we first make a chart that shows the spending pattern of $90 million over 23 years.
$90 million at 11% = [math]\frac{90 \times 1.11^{23}}{100}=903.478[/math]. The future worth at the end of the 23-year is approximately $903,478.
Since the problem does not provide a standard amount of time that people usually use to measure interest rates, we can infer that this rate should be 10% per year.
Using 10% per year instead of 11%:
$90 million at 10% = [math]\frac{90 \times 1.10^{23}}{100}=897.507[/math]. The future worth at the end of the 23-year is approximately $897,507.
Since the total amount that was spent on development over a period of 23 years is $90 million and the answer in our problem has to be in millions, we have to adjust the amount.
$90 million x 100 = $9 billion. The future worth at the end of the 23-year is approximately 9 billion dollars.
Answer:
(1) The preference of the Chinese firms to expand through outright purchase which aides them to retain key positions in order to have a firm control on the business.
(2) Chinese companies are ready to take more risk than American companies
(3) Chinese companies are more interested in opportunities to provide growth and innovation.
Explanation:A Joint venture business is a business organisation owned by two or more persons or organisations who pull resources together in order to achieve a common goal.
The resources pulled together can be in the form of finance, expertise,infrastructures etc, a joint venture business is also another form of merger known commonly with profit making organisations.
Answer:
$2,527.5
Explanation:
Indirect labor hours:
= Estimated total indirect costs ÷ Direct labor hours per year
= $222,000 ÷ 24,000
= $9.25
Total job cost:
= Direct labor cost + Indirect labor cost
= (direct labor rate per hour × Number of direct labor hours) + (Number of direct labor hours × Indirect labor rate per hour)
= ($75 × 30) + (30 × $9.25)
= $2,250 + $277.5
= $2,527.5
