Suppose in 2009, country x had tax revenues of $550 billion and government expenditures of $700 billion.
in addition, at the end of 2008, its national debt was $6.5 trillion.
in 2009, country x had a and at the end of 2008, a public debt of

deficit of :

a) surplus of $150 billion; $6.65 trillion

b) surplus of $150 billion; $6.35 trillion

c) deficit of $150 billion; $6.35 trillion

d) deficit of $150 billion; $6.65 trillion

Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage