Revenues and grants received by the government

Assignment Help Finance Basics
Reference no: EM131117684

All Revenues for the government are recorded into a fund known as a consolidated fund. The consolidated fund account is kept by the treasury under the ministry of finance, and all revenues and grants received by the Government are paid into this account. No money can be withdrawn from this account without approval of Parliament, i.e. Parliament is the sole signatory to this account.

Reference no: EM131117684

Questions Cloud

Prepare a cash book for the governmental unit : Required: Prepare a cash book for the governmental unit.
What is the total number of mips instructions executed : What is the total number of MIPS instructions executed?
Determine the maximum bending moment : Determine the support reacNons; Draw the shear force diagram; Draw the bending moment diagram;
Prepare a schedule to compute aristotle : Prepare a schedule to compute Aristotle's June 30, 2010, inventory under the conventional retail method of accounting for inventories.
Revenues and grants received by the government : All Revenues for the government are recorded into a fund known as a consolidated fund. The consolidated fund account is kept by the treasury under the ministry of finance, and all revenues and grants received by the Government are paid into this a..
When should a speculator purchase a call option on australia : When should a speculator purchase a call option on Australian dollars? When should a speculator purchase a put option on Australian dollars?
Compute the present value of an annuity : Compute the present value of an annuity of $ 875 per year for 22 years, given a discount rate of 8 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1).(Round your answer to 2 decimal places; record..
When would a u.s. firm consider purchasing a call option : When would a U.S. firm consider purchasing a call option on euros for hedging? When would a U.S. firm consider purchasing a put option on euros for hedging?
Question regarding the financial projection : Give some background information on New York Times? Discuss briefly performance data 2015 of New York times. Discuss briefly the financial projection 2015 of New York Times.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the firms market value capital structure

The market risk premium is 7 percent, T-bills are yielding 3 percent, and Titan Mining's tax rate is 38 percent. What is the firm's market value capital structure?

  A local market research firm has just won a contract for

a local market research firm has just won a contract for several thousand small projects involving data gathering and

  Which method of financing will maximize its eps

The expected EBIT after the new financing is $7 million, with a standard deviation of $3 million. Which method of financing will maximize its EPS? What is the probability that you have made the right choice?

  Why is there a cost of retained earnings

Equity can be raised in two ways; by retaining some of the current year's earnings and by issuing common stock. Please explain.

  Foreign exchange services

Do you think that Mr. Logan's bank is likely to provide more reasonable quotations for the spot rate of the British pound if it is the only bank in town that provides foreign exchange services? Explain?

  Calculate the expected return of portfolio

Assume you have a portfolio that consists of stock A and B. The total value of your portfolio is $150,000. Out of the total rates, $97,500 was invested in stock B and the rest in stock A.

  What he has invested in the company

An unincorporated business owned by one individual and the owner benefits from the limited liability for business which limits his losses to what he has invested in the company.

  What is the cost of the trade credit

If you pay the bill on the 50th day after the purchase, what is the cost of the trade credit you have used for the 35-day period after the discount period ended

  History of saturn and gm

Throughout its existence, Saturn has never turned a profit for General Motors. Research the history of Saturn and GM's decision to continue funding it (although GM has now decided to close down the auto maker).

  Systematic or market wide risks

As we have seen, much of the volatility in a companys stock price is due to systematic or market wide risks. Such risks are beyond the control of a company and its employees. What are the implications for employee stock options? In light of your a..

  What is the cost of this newly issued preferred stock

Calculate the cost of preferred stock based on the outstanding issue, given the current market price.

  From an ongoingnbsp perspective once issued which is more

1.nbsp what are the components of capital?nbsp list each and explain its legal implications.2.nbsp what is the weighted

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd