You think the economic environment plays role

Assignment Help Financial Management

Reference no: EM132053041

Local Government Finance and Deficit Suppose you work for the city budget office. The chief budget officer for the city reports to the staff that revenue are 7.3 percent below the forecasted level of $9.4 million for the first 5 months of the budget year. She asks for ideas on what, if anything, should be done to deal with the problem. For this question, you can make reasonable assumptions about the overall legal, political, and economic condition the city is in, but state your assumptions clearly and what data and information resources you could use to support your assumptions. For example, if you think the economic environment plays a role, explain where you will go to look for related economic information. Limit your answers to no more than one single-spaced page.

Reference no: EM132053041

Questions Cloud

Explain the importance of time value of money : Explain the importance of "time value of money" Would you rather receive $100 today or $120 in two years?

Calculate burning cash outlays by completing : Sales for the first quarter of the following year are projected at $ 9,000. Calculate Burning's cash outlays by completing the following:

Scholarship recently starts to fund annual scholarships : Scholarship recently starts to fund annual scholarships for students at university as a gift to the University.

When npv and irr rules result in conflicting decision : When NPV and IRR rules result in a conflicting decision regarding acceptance of a project managers could use the MIRR.

You think the economic environment plays role : if you think the economic environment plays a role, explain where you will go to look for related economic information.

Short- and long-run exchange rate risk : which it is assumed you have foreign exchange exposure both in trade (short-run) and investment (long-run).

Is situation result of differences in marketing or markets : Find a brand whose success in the United States is bigger than in its home country. Is the situation the result of differences in marketing or markets?

Explain the importance of present value of money : Explain the importance of present value of money.

Define wacc and modigliani-miller theorem : What are the most relevant considerations in determing what a firm's ideal capital structure is (Define WACC and Modigliani-Miller theorem in your answer)

User Account

All Pages