In the year 2010, total government receipts net of transfers in the United States accounted for approximately what share of GDP?
a. 10%
b. 25%
c. 35%
d. 55%
b. 25%
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The control plan ______________________________ controls the billing and cash receipts functions by asking the customer to review open invoices to determine that they are valid and accurate
Fill in the blank(s) with correct word
Use the information below for Flora Inc for 2016 and 2017 to answer the following question. Equipment, December 31, 2016 $65,000 Equipment, December 31, 2017 72,000 Accumulated depreciation, December 31, 2016 39,000 Accumulated depreciation, December 31, 2017 30,000 During 2017, Flora Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. What was depreciation expense for 2017? a. $9,000 b. $16,000 c. $21,000 d. $30,000
The following table contains the five-year dividend history for Exxon Mobil Corporation.
a) Calculate the quarterly percentage change in the dividends, and the compound quarterly growth rate of the dividends using the GEOMEAN function.
b) Annualize the quarterly dividend growth rate and calculate the intrinsic value of the stock using a 12% required rate of return and the calculated annual growth rate. Use the sum of the most recent four dividends as D0. How does the calculated intrinsic value compare to the historical price of the stock of $80.60 on 7/18/2017?
c) Use the Goal Seek option to find the implicit required rate of return setting the price to $80.60 (the price of Exxon Mobil on 7/18/2017) by changing the required rate of return.
The proposals with the highest rank are funded first in the capital investment decisions
Indicate whether the statement is true or false