The base budget is the amount of money that is funded for a current year. Explain why that amount may not be correct for future years
Every person need to make a budget for current year to usage fund for use the resources to run the current position what it needs. Because actual money very needful for present not for future. And also control the finance very effectively through proper usage of money . It actually very needful to government.
The base budget is the amount of money that is funded for a current year. Explain...
Company set aside a certain amount of money to pay off a two-year long term loan. these cash are thus restricted. under which section of the balance sheet is this ‘cash restricted for future loan payment’ reported? Current assests b. non-current assets current liabilities stockholders equity I COULDNT SEE THE WHOLE QUESTIONS SO SOME WORDS MAY NOT MAKE SENSE BUT ITS THE OVERALL IDEA OF THE QUESTION
5. Suppose in the United States economy, the rate of money growth for the current year is 8 percent, the velocity of money in circulation is constant, and inflation is expected to be about 2 percent over the current year. What is the short run economic growth rate? A) 16 percent B) 10 percent C) 8 percent D) 6 percent E) 4 percent 8. The fisher effect matters in terms of inflation given that A) borrowers agree to loan terms...
Find the amount of money (Future Value) in an account where $3,300 is deposited (Present Value) at an interest rate of 6% per year compounded continuously and the money is left in the account for 12 years. The final amount is $ Round your answer to 2 decimal places
Self-Study Problem 6.02 Your grandfather has agreed to deposit a certain amount of money each year into an account paying 7.30 percent annually to help you go to graduate school. Starting next year, and for the following four years, he plans to deposit $2,900, $8,050, $7,600,丰6,400, and $12,000 into the account. How much will you have at the end of the five years? (Round answer to 2 decimal places, e.g. 15.25) Future value at end of five years
Write a program that calculates the amount of money that you must invest In a savings account at a given interest rate for a given number of years to have a certain dollar amount at me end of the period Y our program will ask the user for the amount the user wants to have at the end of the term (future value). the number of years the user plans to let the money stay in the account, and the...
1. Explain how each of the following events affects the monetary base, the money multiplier, and the money supply. a. The Fed increases the interest rate it pays banks for holding reserves. When the Fed increases the interest rate, it pays banks to hold reserves. b. The Fed flies a helicopter over 5th Avenue in New York and drops newly printed $100 bills. c. Rumors about a computer virus attack on ATM machines increase the amount of money people hold...
Nominal GDP is equal to: a. current prices base year output. b. base prices base year output. c. base year prices current output. d. current output / base year prices. e. current prices current output.
You plan to invest an amount of money in five-year certificate of deposit (CD) at your bank. The stated interest rate applied to the CD is 12 percent, compounded monthly. How much must you invest if you want the balance in the CD account to be $8,500 in five years? Please explain the formula.
The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. This core principle of finance holds that, provided money can earn interest, any amount of money is worth more the sooner it is received. 1.) What does the above statement mean to you (why is money worth more the sooner you receive it)? 2.) Why is it important?
Intermediate Accounting 2 - Chapter 20: Multiple Choice 1. A pension liability is reported when a. the accumulated benefit obligation is less than the fair value of pension plan assets. b. the projected benefit obligation exceeds the fair value of pension plan assets. c. accumulated other comprehensive income exceeds the fair value of pension plan assets. d. the pension expense reported for the period is greater than the funding amount for the same period. 2. The relationship between the amount...