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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- Provide correct solution for general accounting question135. The information below is taken from a government’s budget. Programmes = 75 Compensation = 55 Interest Payments = 25 Capital Expenditure = 35 Amortisation = 15 Income/Profits Taxes = 50 Value Added Taxes = 60 Import Duties = 45 User Fees = 15 How much is the primary balance? Select one: a. 45 b. −20 c. 25 d. −30 e. 5b. GDP = 6,200 Tax collections = 1,525 Government transfers and interest payments = 400 Consumption expenditures = 4,530 Government budget surplus = 100 Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative numbers, be sure to include a (-) in front of those numbers. National saving Private saving Public saving National saving/ra % c. Consumption expenditures = 4,400 Investment = 1,000 Government purchases = 1,000 Net exports = 8 Tax collections = 1,600 Government transfers and interest payments = 500 Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative numbers, be sure to include a (-) in front of those numbers. National saving Private saving Public saving National saving ra 응
- B1.Use the following information for Smith Brothers, Inc: EBIT / Revenue 15.00% Government Tax Rate 35.00% Revenue / Assets 1.80 times Current Ratio 2.40 times EBT / EBIT 0.80 times Assets / Equity 1.90 times Smith Brothers, Inc.'s return on assets (ROA) is closest to: A. 14.04%. B. 14.82%. C. 24.71%. D. 26.68%.Use the following information for Cronos Group, Inc. (CRON): EBIT / Revenue 25.50% Government Tax Rate 42.50% Revenue / Assets 1.95 times Current Ratio 3.15 times EBT / EBIT 0.80 times Assets / Equity 2.00 times Its interest coverage ratio is closest to: A. 2.50. B. 5.00. C. 7.15. D. 9.25.
- PA15. LO 5.3 Using the following account balances, calculate for the two years presented: A. working capital B. current ratio 12/31/2018 12/31/2019 $ 6,000 12,750 Unearned revenue $12,600 Cash 33,200 9,000 Prepaid rent Supplies Taxes payable Wages payable 6,000 2,500 5,600 4,800 8,500 5,500 9,250Assume that debt service expenditures are $12.6 million and "own source" revenues are $84 million. Calculate the Debt Service/ Revenue Ratio. Is the ratio favorable?C = 250 + 0.30Y4 = 250 + 0.30(Y – T) I = 200 G = 500 T = 250 Key in all answers in 2-decimal places: The Marginal Propensity to Consume is 0.3 The Marginal Propensity to Save is 0.7 The Government Spending Multiplier is 1.43 The (absolute value) of the Tax-Multiplier is The Balanced Budget Multiplier is
- Ex.18.A9 Given that entitlements account for 51% of the federal budget, do you think that they are worth the expenditure? Substantial your rationale with at least 3 pieces of evidence.SLO 6.2. For an organization with revenue of $100 million, purchases of $60 million, and profit of $8 million before tax, a 10 percent reduction in purchase spend would result in an increase in profit of: a.10 percentb.36 percentc.57 percentd.60 percente.75 percent
