The two reasons that paying your credit card or loan bill late has serious consequences:
Fees for late payments may apply.Your credit score may be impacted by the late payment, which could be recorded in your credit history.If you don't pay your credit card account on time, you can have to pay late fees, high interest rates, and other expenses on top of that. Regular late payments can also lead to a reduction in credit limit, the end of the interest-free period, and a lower credit score.
If you pay off all of your credit card debt, your credit score will increase. Lenders are more likely to approve your credit application if you have a higher credit score. Additionally, they will offer you beneficial loan terms like lower interest rates and higher borrowing limits.
Consumers frequently apply for secured credit cards in an effort to improve their credit scores or build a credit history. In comparison to unsecured credit cards, secured credit cards have lower credit limits and higher fees.
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a company reported net income of $3,380 for october. its net sales for october were $13,000. its profit margin is:
a company reported net income of $3,380 for october. its net sales for october were $13,000. its profit margin is 3%
Profit marginProfit margins are one of the most basic and extensively utilized financial measurements in business. On an income statement, a company's profit is measured at three levels, beginning with the most basic—gross profit—and progressing to the most comprehensive: net profit. Operating profit exists between these two. Profit margins for all three are computed by dividing profit by revenue and multiplying by 100.
Profit margin expresses a firm's or commercial activity's relative profitability by accounting for the expenses of producing and selling items.
Margins can be derived from gross profit, operational profit, or net profit.
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when a company has little or no control over the prices of their products or services and the price is set by the market, this company is a
The term that describes a company that has little to no control over the prices of its services or products is a price taker. Their price is set by the market.
A price taker is a company or an individual that lacks the market share to influence the market price on its own and therefore must accept prevailing p[rices in the market. In a perfect competition market, all economic participants are considered to be price-takers.
In real life, most producers are price-takers because of the general market competition. It's only in a monopoly or monopsony we can find a price-making company.
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what is press agentry? it is conducting market research to determine the best public relations strategy. it is planning and staging of events to generate publicity. it is using phone interviews and focus groups to receive consumer feedback. it is internal announcements about a company's rules and policies to its employees. it is a dialogue between the media and the community.
Press agentry it is planning and staging of events to generate publicity. Staged events, media stunts, phony rallies and meetings, spinning, and hype are examples of press agent tactics.
The practice of press agentry refers to when a person or business stages a gathering with the intention of attracting media coverage or generating publicity.
Most often, press agentry is used by businesses to persuade consumers to buy their goods so that they can profit. Instead of emphasizing the steps that led to an occurrence, it concentrates on its conclusion.
An illustration of press manipulation is when the CEO of a plastics company announces an increase for its product—roughly a 500% increase. The firm has grown well-known, and the product whose price was raised has also become a brand, so the rise causes a stir on social media.
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how does the discount rate and present value calculation help to explain why young people are more likely to go to college than are older people?
The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility.
What exactly is a discount rate?A discount rate is the rate of return applied to reduce future cash flows to their present value in corporate finance. This rate is frequently referred to as the Weighted Average Cost of Capital (WACC) of a company, the needed rate of return, or the hurdle rate that investors anticipate to achieve in relation to the risk of the investment.
What does "discount rate" mean exactly?The rate of return used to discount future cash flows when determining an investment's current value is known as the discount rate. Future cash flows are subject to a discount rate since earnings tomorrow are worth less than earnings now.
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In a(n) center, managers are accountable to both revenues and costs. O A. equity OB. profit O C. investment OD. cost
In a profit center, managers are accountable to both revenues and costs.
Profit centers are parts or divisions of a business that make money while spending money. In other words, it is a division that uses corporate assets to create income. Think of this as a department that brings in money or sales for the business. A department or division of a company that directly contributes to or is expected to contribute to the broader organization's bottom line is referred to as a profit center. It is acknowledged as a distinct, independent company with its own sales and profitability. Any organization has multiple divisions, some of which serve as a support system for others, like the accounting department, while others, like the sales department, are able to generate income from their operations. A department can be categorized as a profit center or a cost center depending on whether it can generate income through its operations.
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which ecommerce classification encompasses online storefronts selling merchandise and services to consumers?
Business-to-Customer eCommerce classification encompasses online storefronts selling merchandise and services to consumers. B2C was primarily used to describe online merchants who offered goods and services to customers online during the dotcom boom of the late 1990s, when it rose to enormous popularity.
Business-to-consumer (B2C) as a business model is very different from business-to-business (B2B), which refers to trade between two or more businesses. Business-to-consumer (B2C) sales techniques are among the most well-liked and well-known. The term "business-to-consumer" (B2C) was originally coined in 1979 by Michael Aldrich, who primarily used television to communicate with customers.
B2C has historically been used to describe mall shopping, dining out, pay-per-view movies, and infomercials. E-commerce, or the sale of products and services, was a completely new B2C business channel brought about by the development of the internet.
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a 90%-owned subsidiary declares and pays a cash dividend. what effect does the dividend have on the retained earnings and noncontrolling interest balances in the consolidated balance sheet?
Cash dividends affect cash and shareholders equity on the balance sheet retained earnings,and cash is reduced by the full value of the dividend.
If a company pays stock dividends,the dividends reduce the company's retained earnings and increase the common stock account.Stock dividends do not result in changes to balance sheet assets,but instead affect only the equity side by reallocating part of retained earnings to common stock. stock account.Dividends of any kind, cash or stock,represent a return of profits to the owners of the business,thus reducing the retained earnings account in the shareholders' equity section of the balance sheet.After all, retained earnings are simply the cumulative earnings of the company. Therefore,the payment of a previously declared dividend will result in a decrease in liabilities.
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sadhil, a single taxpayer, owned and lived in his home for five years. in 2021, he sold his home at a long-term gain of $300,000. how much of the long-term gain can he exclude from income on his return?
Sahil is expected to pay $60,000 in tax after selling his house from the long-term gain.
what is a long term-gain?The gain resulting from the sale of an eligible investment that was held for more than a year at the time of sale is referred to as a long-term capital gain. In contrast, investments that are sold off in less than a year may see short-term gains. Short-term gains frequently receive less favorable tax treatment than long-term gains.
The long term gain of the home is given as 300000 dollars for the period of 5 years.
300000 / 5 is the amount that can be excluded from the income. This is 60000 dollars.
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ch 10 kb. generally, the longer the time period involved, the less detailed the budget. group of answer choices true false
Generally, the longer the time period involved, the less detailed the budget. Give statement are true.
A master budget is a central planning tool that gives an overview of a business's finances, outlining cash flow forecasts, financial statements, and the financial plan.
A master budget is a comprehensive financial planning document that includes all of the lower-level budgets, cash flow forecasts, budgeted financial statements, and financial plans of an organization.It's usually developed by a firm's budget committee and guided by the budget director.A master budget usually incorporates many elements, which may include the budgets for sales, production, administration, direct materials, labor, and overhead.Learn more about master budget to visit this link
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A(n) _____ is a social responsiveness strategy in which a company accepts responsibility for a problem and does all that society expects to solve that problem. discretionary strategy reactive strategy defensive strategy accommodative strategy
An accommodative strategy is a social responsiveness strategy in which a company accepts responsibility for a problem and does all that society expects to solve that problem.
A society is a group of people in regular contact with each other who reside in the same physical or social realm and are usually under the control of the same political leadership and general cultural expectations, or a significant society. group. Society is defined by the relationship patterns that exist among people who share a common culture and set of institutions.
A society can be defined as the totality of these relationships among its members. In the social sciences, subgroup dominance or stratification patterns often occur in larger societies. Society creates patterns of behavior by designating certain behaviors and ideas as acceptable or unacceptable.
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here is a small part of the order book for mesquite foods: bidask pricesizepricesize $ 103100$ 103.50200 $ 102.50200$ 103.80200 $ 101400$ 104300 $ 99.80300$ 104.50400 georgina sloberg submits a market order to sell 100 shares. what price will she receive? norman pilbarra submits a market order to buy 400 shares. what is the maximum price that he will pay? note: round your answer to 2 decimal places.
a) Georgina Sloberg will receive 103.5 the highest Ask price for her market order of 100 shares.
b) The lowest price that Norma Pilbarra would receive for his market order is 102.5 since 100 shares would be purchased at 103 & 200 shares would be purchased at 102.5 to fulfill his market order to sell 300 shares.
c) Carlos Ramirez's limit order for 105 will be executed immediately since the lowest Ask price currently being quoted is 103.5 for 200 shares. His limit order would be fulfilled at 103.5 for 100 shares.
A share is a unit of equity ownership in a corporation's capital stock in financial markets, and it can also refer to units of mutual funds, limited partnerships, and real estate investment trusts. The term "share capital" refers to all of an enterprise's shares. A shareholder (or stockholder) is someone who owns stock in a company. A share is an indivisible unit of capital that expresses the company's and the shareholder's ownership relationship. The face value of a share is its denominated value, and the total of the face value of issued shares represents a company's capital, which may or may not reflect the market value of those shares.
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assume one of amy's competitors had an ethical scandal and was fined by the food and drug administration. based solely on this event, what type of business costs would the competitor be facing?
If the monopolistic competitor encounters the demand and expenses shown below, the firm's overall cost is $48.
When several businesses provide competing goods or services that are comparable but not exact alternatives, monopolistic competition emerges. a proprietary, fiercely competitive market with minimal entry barriers where no company's actions directly affect rivals. Competitors make judgments about their price and marketing in an effort to stand out from the crowd. Monopoly competition happens when several businesses provide comparable but distinct items.In monopolistic competition, businesses use pricing and marketing methods to distinguish their goods.
Entry barriers, expenses, and other roadblocks that prohibit new rivals from joining the market are minimal in monopolistic competition.
Between monopoly and perfect competition there is monopolistic competition, which includes businesses.
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which term refers to the principle that governments shouldn't regulate private enterprise and that instead free market forces should rule?
The term that refers to the principle that governments shouldn't regulate private enterprise and that instead of free market forces should rule is neoliberalism. Hence, the correct option is (A).
What is Neoliberalism?Neoliberalism is a form of the economic system that can be used in a country. The main focus of the neoliberalism economic system is that free market forces should rule the economy in a country. Therefore, the government would not intervene and also would not regulate private enterprises so that economic activities could run very freely. One characteristic of the implementation of the neoliberalism system in a country is a competition that is so free with the aim of getting as much profit as possible.
The question is incomplete, but most probably your question was:
The term that refers to the principle that governments shouldn't regulate private enterprise and that instead of free market forces should rule is
A. Neoliberalism
B. Communism
C. Socialism
Hence, the correct option is (A).
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To a researcher collecting data, the New York Times is a ________.
a-tertiary source of data
b-focus group data
c-primary and secondary source of data
d-secondary source of data
e-primary source of data
To a researcher collecting data, the New York Times is a secondary source of data.
Analysis and interpretation of primary data are included in secondary sources of data. This is not based on personal experience or the findings of empirical research or observation. Secondary data can be found in newspaper articles.
When conducting a secondary data analysis, a researcher uses data that has already been obtained by another person for their own research. Researchers use secondary data analysis to look at a different angle on the original topic of a previous study or to try to find an answer to a new research question.
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generally speaking, what was the relationship between the premiums, deductibles, and coverage limits for your insurance coverage?
There is an inverse relationship between the premiums, deductibles, and coverage limits for your insurance coverage.
When we consider the premiums of our insurance, we know that when we are using a lower premium, then the amount of deductible that will occur for such insurance coverage will be higher.
On the other hand, if we consider utilizing an insurance premium that has a higher coverage limit, then the deductibles as well as the coverage limits of these insurances will decrease or be reduced. Such a relationship in which the value of one goes up, when the value of another factor goes down is known to have an inverse relationship.
The question will correctly be written as:
Generally speaking, what is the relationship between the premiums, deductibles, and coverage limits for your insurance coverage?
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Investments with longer payback periods are more desirable, all else being equal.
a. Trueb. False
The assertion is untrue. If all else is equal, purchases with longer payment periods are preferable.
Is Bitcoin a wise financial decision?Bitcoin, the most significant cryptocurrency in terms of market value, is a risky and unstable investment. It is only taken into consideration if you demonstrate a high level of risk tolerance, sound financial standing, and the ability to absorb any potential losses.
What investment offers the highest return?Key Learnings: Stocks is my personal choice and far and away the most profitable investment option available. Because stocks offer greater returns than in any other type of investment, the greatest investors choose to invest in them .
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Time pressures causes managers to neglect heuristics and engage in deep processing for decision making.a.Trueb. False
Time pressures causes managers to neglect heuristics and engage in deep processing for decision making is b. False.
How Time pressures affect managers ?Managers frequently have time restrictions, which can make making wise decisions difficult. We are significantly less likely to make a sound non-programmed conclusion when there is limited time to gather information and reason through it.
Time pressure may lead us to employ heuristics rather than deep processing. Heuristics may speed up the process, but that doesn't guarantee the best outcome. The most effective managers are continually weighing the risks of responding too quickly against those of acting too slowly.
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use of the balanced scorecard can hinder or decrease organizational performance if it is implemented using which type of orientation?
Use of the balanced scorecard can hinder or decrease organizational performance if it is implemented using performance management type of orientation.
The concept of examining strategic measurements in addition to conventional financial measures to obtain a more "balanced" perspective of performance is where the term "balanced scorecard" originates. The balanced scorecard idea has developed beyond just using viewpoints to manage strategy and is now a comprehensive framework.
This means that there will be a clear connection between the projects and programmes that people are working on, the success metrics (KPIs) being used to measure success, the strategic goals the organisation is trying to achieve, and the mission, vision, and strategy of the organisation.
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6. the long run aggregate supply curve: a. is vertical. b. reflects adjustment of contracts to price. c. intersects the short run aggregate supply curve. d. all of the above.
The long run aggregate supply curve is vertical because there is no incentive when a nation is at full employment. So, the correct answer is option a.
The lag between resource prices and product prices, which encourages businesses to raise output as prices rise, is the reason why the short-run aggregate supply curve slopes upward. When a nation is at full employment, the long-run aggregate supply curve is vertical.
The long-term aggregate supply curve is vertical because there is no incentive for businesses to alter their output because, over time, resource prices adjust to changes in the price level. Prices and wages have no impact on the aggregate supply curve over the long term.
A curve that depicts the correlation between price level and real GDP that would be produced if all prices, including nominal wages, were completely flexible; prices can move along the LRAS, but production cannot.
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Document five potential specific investments that would be a good fit for your portfolio now or in the future
just any five will do I don't care
1. Real Estate Investment Trusts (REITs): REITs are publicly traded companies that own and manage a portfolio of real estate properties. They offer a diversified portfolio of investments in commercial and residential properties and provide relatively high yields.
2. Exchange Traded Funds (ETFs): ETFs are investment funds that trade on exchanges like stocks. They provide a low-cost, diversified portfolio of stocks, bonds, and other securities, and can be a great way to get exposure to different asset classes.
3. Mutual Funds: Mutual funds are professionally managed portfolios of stocks, bonds, and other securities. They offer a diversified portfolio of investments and make it easy to get started in the stock market.
4. International Stocks: Investing in international stocks can give you access to a wider range of potential returns. International stocks can be volatile, but they offer the potential for higher returns than domestic stocks.
5. Bonds: Bonds are a type of debt investment that can provide a steady stream of income. They generally offer lower returns than stocks but can provide a more stable return over time.
an investment project has annual cash inflows of $5,200, $6,300, $7,100, and $8,400, and a discount rate of 19 percent. what is the discounted payback period for these cash flows if the initial cost is $8,000?
According to question, It will take 1 year 294 days to cover the initial investment.
Initial investment= $8,000
Cash Flow :
CF1 : $5200
CF2 :$6300
CF3 :$7100
CF4 :$8400
Discount Rate : 19%
The time needed to recover the initial investment is known as the payback period. We must reduce each cash flow.
Year 1 : 5,200 / 1.19 - $8,000 = 3630.25
Year 2 : 6300/ [tex]1.19^{2}[/tex] - 3630.25 = 818.58
To be more accurate:
(3630.25/4448.83) * 360 = 294 (approx)
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what type of team typically consists of 5 to 20 multiskilled workers who rotate jobs to produce an entire product or service or at least one complete aspect or portion of a product or service?
organize a group of twenty-eight people into a team. Make four teams of seven people multiskilled out of the group.
Forget about the idea of a team; he has too many workers and shouldn't split up his work crew. perform his duties without considering teams. The initial phase of multiskilled development is which of the following? the creation of cohesiveness and order. Collaboration, ad hoc committees, cross-functional teams, task forces, etc. Josh oversees On-The-Go Cars. He has recently read a significant amount of literature on the advantages of work teams. He is very keen to put together a vertical squad. His department has 28 people in total. Josh ought to: A few team members are expected to do two roles.
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the primary question to answer as part of the economic feasibility assessment is: group of answer choices should we build it? when and where will it be used? if we build it will they use it? can we build it?
Out of the choices provided above, the primary question to answer as part of the economic feasibility assessment is ''Should we build it?''. Therefore, the option A holds true.
The economic feasibility can be referred to or considered as a form of economic assessment, wherein the different benefits, costs that are associated to a project are taken into consideration. The analysis of these costs and benefits are like an answer to the primary question whether an economic project should be built or not. Under this assessment, only economically feasible decisions are made, irrespective of the choices.
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what is the effect of freight-in on the cost-to-retail ratio when using the conventional retail method?
It decreases the cost-to-retail ratio when using the conventional retail method.
The cost-to-retail percentage is multiplied by the ending inventory at retail to determine ending inventory at cost under the traditional retail technique. When compared to ending inventory at retail, this ending inventory at cost is considered to have market worth.
What is conventional retail method?The conventional retail method is an inventory approach that aims to approximate inventory valuation at the lower of cost or market.
Instead of using things at the business' physical site as inventory, the conventional marketing inventory approach employs the small business's financial resources. The approach compares the cost of acquiring goods with the price at which the company sells them to the broader market.
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how did the revival led by charles g. finney empower the business class to assert authority over the working class?
A revival meeting appears to be a series or collection of worship sessions planned in Christianity with the goal of inspiring devoted members of such a universal church to inspire new converts.
Reviving old customs means bringing them back to life, embracing them, or utilizing them as currency to restore life, consciousness, vigor, power, etc.
Conducting a revival is a form of evangelism that consists of several actions intended to inspire a spiritual or moral awakening.
Robert Finney Of all the Second Great Awakening revivalists, Charles Grandison Finney was the most well-known. Not only did he organize revivals, but he also actively promoted, packaged, and marketed them. Instead than waiting for the Spirit to supply the appropriate moment like other preachers.
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what is an interactive marketing communications strategy that seeks to create a variety of media designed to convey the organizational philosophies, goals, and objectives to an identified group of publics.
An interactive digital marketing technique called public relations aims to produce a range of media.
What exactly does "interactive marketing" mean?In order to get readers interested in your information, interaction marketing uses eye-catching photos or videos. This kind of marketing engages your target audience, makes them smile, and creatively promotes your product or service.
The importance of interactive marketing:Customers can actively engage with goods and services through interactive marketing, which enables firms to provide them with engaging and immersive browse and buying experiences.
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it conjures up healthy associations and appeals to people who do not view themselves as serious connoisseurs. what segmentation variable would you recommend woodchuck draft cider use to define its market?
The psychographic segmentation variable is you recommend woodchuck.
Psychography is a qualitative methodology used to describe the characteristics of people based on their psychological attributes. Psychography has been applied to the study of personality, values, opinions, attitudes, interests, and lifestyles.
The main types of psychographs are interests, activities and opinions. You can also sort this into subcategories. (Attitudes are a little different than opinions; lifestyles and behaviors are a little different than activities).
Psychographics is consumer research based on consumer activities, interests and opinions (AIO). It goes beyond simply classifying people based on general demographics such as age, gender, and race. Psychography seeks to understand the cognitive factors that drive consumer behavior.
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on january 1, vermont corporation had 41,300 shares of $10 par value common stock issued and outstanding. all 41,300 shares had been issued in a prior period at $20 per share. on february 1, vermont purchased 1,180 shares of treasury stock for $27 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a
Treasury Stock Account with a $31,860 debt and a $31,860 credit to Cash Account
Treasury stock: Is it an asset?The Treasury Stock is a counter equity item. It is not reported as an asset but is subtracted from stockholders' equity. Due to the existence of treasury shares, there will be a difference between the number of shares issued and the number of shares outstanding.
A contra equity account for treasury stock is included in the shareholders' equity section of the balance sheet. Because it shows how many shares were purchased back on the open market, Treasury stock reduces shareholders' equity by the amount paid for the stock.
The result is displayed below:
= Treasury shares purchased × value per share
= 1,180 shares × $27
= $31,860
Below is the journal entry:
Treasury Stock A/c Dr $31,860
To Cash A/c $31,860
(Treasure stock is bought with cash.)
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taylor company has a $4,000 credit balance in the income summary account after closing revenues and expenses. what would be the closing entry for the income summary account?
Revenue account will have a balance after all closing entries have been posted, if Income Summary has a credit balance after revenues and expenses.
What does a credit balance in the income summary account mean?The company made a profit for that year if the net balance of the income summary is a credit balance, and a loss for that year if the net balance is a debit balance.
Entire revenue minus total expenses equals net income
Total costs minus total income equals net loss.
Since the income summary account in the aforementioned situation has a debit balance, which indicates that the company is experiencing a net loss as a result of expenses exceeding revenues,
So The Cleaver has a net loss of $4,000 in the illustrated situation.
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the factors most responsible for forecasts of the u.s. government debt spiraling out of control in the next half century are the projected:
The factors most responsible for forecasts of the U.S. government debt spiraling out of control in the next half century are the projected aging of the US population.
President Barack Obama established a bipartisan group in 2010 at the height of public debt and deficit worries. The commission's mandate was to stabilize American fiscal policy.
Containing rising health care and pension costs as America's population ages was essential to achieving this. The resulting "Simpson-Bowles" proposal sought to reduce America's debt-to-gdp ratio to roughly 66% by 2020.
A "alternative fiscal scenario" that was prepared by pessimistic staff at the Congressional Budget Office (cbo) demonstrated a "clear threat" of a fiscal disaster if corrective measures were not taken. According to it, by 2022, the debt will be 95% of the GDP. This year's actual percentage will be close to 98%.
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