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The First Charge, established by Section 103 of the Constitution Act, 1867, is the cost of the actual maintenance of the Consolidated Revenue Fund itself. In accordance with the Act, the costs of collection, management and receipt of the fund are to be the first charge made to the account. [citation needed]
Net debt is projected to rise to $398 billion in 2020–21. The Debt-to-GDP ratio for 2019–2020 was 39.7%, and is projected to rise to 47.1% in 2020–21. [6] Interest on the debt in 2019–20 was CDN$12.5 billion, representing 8.0% of Ontario's revenue and its fourth-largest spending area. [3] [7]
Canadian public debt, or general government debt, is the liabilities of the government sector. [ 1 ] : 23 Government gross debt consists of liabilities that are a financial claim that requires payment of interest and/or principal in future.
(2,000,000 (target cost)) + 200,000 (the profit the buyer pays to the seller) + (2,312,500 - 2,000,000)*0.8 = 2450000. This is a term used in project management when managing specific fixed price contracts. The reason to calculate PTA is that when executing the contract, actual cost is the only finance measurement.
Profit margin is calculated with selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit, whereas "profit percentage" or "markup" is the percentage of cost price that one gets as profit on top of cost price.
Throughput Cost Accounting Analysis : Decline Contract Take Contract Coaches Produced 40 34 Streetcars Produced 0 15 Foundry Hours 80 113 Metal shop Hours 160 159 Coach Revenue $14,000 $11,900 Streetcar Revenue $0 $4,200 Coach Raw Material Cost $(2,400) $(2,040) Streetcar Raw Material Cost $0 $(1,800) Throughput Value $11,600 $12,260
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Taxpayer money is being used to cover associated renovations, at an estimated cost of $1.75 million; the Ontario NDP questioned the Doug Ford government's decision to enter into a taxpayer-funded sole-source contract with an American-owned corporation to deliver government services. [18]