A country has been in existence for only two years. In the first year, tax revenues were $1.0 million and outlays were $1.5 million. In the second year, tax revenues were $1.5 million and outlays were $2.0 million. At the end of the second year, the total government debt was ________.
A: $0.5 million
B: $1 million
C: $2.5 million
D: $3.5 million
A: $0.5 million
B: $1 million
C: $2.5 million
D: $3.5 million
举一反三
- Initial Investment Cash flowProject A $35 million $14 million per year for four yearsProject B $21 million $7 million per year for five years Project C $14 million $7 million per year for four years Project D $21 million $10.5 million per year for three years An investor has a budget of $35 million. He can invest in the projects shown above. If the cost of capital is 8%, what investment or investments should he make? A: Project A B: Project B C: Project B and Project C D: Project C and Project D
- Income tax ________ for the fiscal year 1933, with the new tax law in effect, were $746 million, compared to $1.1 billion in 1932.
- Year 1 2 3 4Free Cash Flow $12 million $18 million $22 million $26 millionConundrum Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 6% per year. If the weighted average cost of capital is 12% and Conundrum has cash of $80 million, debt of $60 million, and 30 million shares outstanding, what is Conundrum's expected terminal enterprise value at year 4? A: $413.4 million B: $459.3 million C: $505.3 million D: $528.2 million
- In the year 2000, it is expected that world population will be （）. A: 350 million B: 25,000 million C: 4,000 million D: 7,000 million
- Most experts agree that millions of cases of cancer could be prevented every year by considering environmental factors. How many million? A: 1 million B: 2 million C: 3 million D: 4 million