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The national debt is currently in excess of $20 Billion. This equates to over $63,000 per citizen. In Illinois, the debt is over $148 Billion, which equates to $11,600 per citizen. While there are many contributing factors to these issues, the establishment of new or higher taxes are often discussed. Sales tax is often part of those proposals. Some have tried to establish a "National Sales Tax" and/or laws to require the collection of sales tax for online retail transactions.
Discuss whether or not you would be in favor of these proposals. Support your position. If you support increased sales tax, justify your position and explain how the new revenue program would be administered. if you do not support these proposals, explain why and provide alternative solutions.
A cash-strapped young professional offers to buy your car with 4, equal annual payments of $3000, beginning 2 years from today.
Fatima wants to buy a boat that is available at two dealerships.how much would each monthly payment to Fairfax Boats be?
Planned sales in the boys’ department for August are $32,000. If the planned stock-sales ratio is 3.5, what should be the stock value on August 1?
Examine strategies for decision-making based on quantitative models and examine the criticality of timely information.
Suppose you are thinking of buying an apartment complex. What selling price should be agreeable to both parties?
If there is no chance of default what would be the price of this corporate bond? if there is no chance of default, then the required rates of return for money at various horizons is given by the Treasury zero yield curve above. Given these rates, wha..
Calculate the simple and compounded holding period returns to three decimal places.
Consider the following information and then calculate the required rate of return for the Global Equity Fund, which includes 4 stocks in the portfolio. The market's required rate of return is 13.75%, the risk-free rate is 4.95%, and the Fund's assets..
compute the present value (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations
During 2006, Ted and Judy, a married couple, decided to sell their residence, which had a basis of $162,000. They had owned and occupied the residence for 11 years. To make it more attractive to prospective buyers, they had it painted in April at a c..
Distinguish between historical return and expected return. Evidence that newly issued stocks tend to underperform that market over the following years:
Larissa Warren and Dan Ervin have been discussing the future of East Coast Yachts. The company has been experiencing fast growth, and the future looks like clear sailing. After deliberation, Larissa and Dan have decided that the company should use a ..
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