Solve the problem.
-Budget Summary for the Wonderful Widget Company (all amounts in thousands of dollars)

\begin{array} { l r r r r } \text { Total Receipts } & 2001 & 2002 & 2003 & 2004 \\\text { Outlays } & \$ 854 & \$ 908 & \$ 950 & \$ 990 \\\quad \text { Operating } & 525 & 550 & 600 & 600 \\\text { Employee Benefits } & 200 & 220 & 250 & 250 \\\text { Security } & 275 & 300 & 320 & 300 \\\text { Interest on Debt } & \underline { 0 } & \underline { 12 } & \underline { 26 } & \underline { 47 } \\\text { Total Outlays } & 1000 & 1082 & 1196 & 1197 \\\text { Surplus/Deficit } & - 146 & - 174 & - 246 & - 207 \\\text { Debt (accumulated) } & \mathbf { - 1 4 6 } & \mathbf { - 3 2 0 } & \mathbf { - 5 6 6 } & \mathbf { - 7 3 3 }\end{array}

Assume that , for 2005, total receipts are $1,025,209, operating expenses are $542,589, employee benefits are $199,116, security costs are$131,470, and interest on debt is $63,000. Calculate the
Outlays for 2005.
A)$1,829,914.00
B)$941,645.00
C)$1,961,384.00
D)$936,175.00

Solve -Genevieve Is in the 28% Tax Bracket $2590.7\$ 2590.7$2590.7 George $2072.56\$ 2072.56$2072.56

Multiple Choice

Correct Answer:VerifiedUnlock this answer nowGet Access to more Verified Answers free of chargeAccess For Free

Solve
-Genevieve Is in the 28% Tax Bracket $\$ 2590.7$ George $\$ 2072.56$

Correct Answer:
Verified
Unlock this answer now
Get Access to more Verified Answers free of charge