If the federal government spends 12% of GDP and collects revenues of 10% of GDP, what is the deficit as a percentage of GDP? A. 2% B. 1% C. 11% D. 12%
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- Need helpSuppose that an estimate of U.S. federal spending showed that 46% was for entitlements, 18% was for defense, 15% was for grants to states and localities, 14% was for interest on debt, 6% was for other federal operations, and 1% was for deposit insurance. Construct a pie chart to show this information.2. Government Treasury bills are yielding 4.15%. Inflation is 2.75%. What is the real rate of return on this financial asset? A. 6.90% B. 7.01% C. 1.36% D. 1.40%
- am. 112.Year Cash Flow 0 (8,100.00) 1 3,600.00 2 3,900.00 3 2,800.00 a. What is the profitability index for the cash flows if the relevant discount rate is 9 percent? b. What is the profitability index for the cash flows if the relevant discount rate is 14 percent? c. What is the profitability index for the cash flows if the relevant discount rate is 24 percent?Suppose that a country has a trade surplus of $50 billion, a balance on the capital account of $10 billion, and a balance on the current account of −$200 billion. The balance on the capital and financial account will be: a. $10 billion. b. $50 billion. c. $200 billion. d. −$200 billion.
- Given an annual credit sales value of 365 million; accounts receivable beg. 36.5 million, cost of goods sold of 240 million, and beginning inventory of 20 million, how long is the average colelction period? (assume 365 days in a year) a. 30 days b. 55.5 days c. 36.5 days d. 10 daysNeed Help with this QuestionThe debtors collection period of JK Limited for 2023 is expected to be 36.5 days and the creditors payment period is estimated to be 73 days.The accounts receivable balance on 31 December 2023 is expected to be R108 000. How much are the budgeted credit sales?A. R1 080 000OB. R540 000OC. R7 884 000D. R3 942 000 Do not give answer in image
- What is the annualized yield (rounded to three decimal places) on a seven-month U.S. Treasury bill that has a discount yield of 3.95 %? a. 4.042% b. 3.806% c. 3.950% d. 4.099%Assume the average management cost per account per year is $200 and the average fees earned per account per year is $170. The average annual size of account is $1800. What is the average implicit interest rate (round to two decimals)? Select one: a. 4.86% b. 1.67% c. 15% d. -1.67%Answer?? Financial accounting
