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2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date. 3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.
During FY2017, the federal government collected approximately $3.32 trillion in tax revenue, up $48 billion or 1.5% versus FY2016. Primary receipt categories included individual income taxes ($1,587B or 48% of total receipts), Social Security/Social Insurance taxes ($1,162B or 35%), and corporate taxes ($297B or 9%).
The New York Times reported on June 10, 2020, that "the United States budget deficit grew to a record $1.88 trillion for the first eight months of this fiscal year." [131] The US economy recovered from the COVID-19 pandemic in 2021, growing by 5.7%, which was its best performance since Ronald Reagan's presidency (1981–1989). [132]
The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources. Some sources say that Russian and Chinese military spending are actually far higher than the chart due to captive markets and purchasing price parity in those countries. [3][4]
As of 10 March 2023 the fiscal year 2024 (FY2024) presidential budget request was $842 billion. [b] In January 2023 Treasury Secretary Janet Yellen announced the US government would hit its $31.4 trillion debt ceiling on 19 January 2023; [16] the date on which the US government would no longer be able to use extraordinary measures such as issuance of Treasury securities is estimated to be in ...
The Phoenix Art Museum is the largest museum for visual art in the southwest United States. Located in Phoenix, Arizona , the museum is 285,000 square feet (26,500 m 2 ). It displays international exhibitions alongside its comprehensive collection of more than 18,000 works of American, Asian, European, Latin American, Western American, modern ...
The first Fed rate cut in four years is just around the corner, and while the year's highest rates on certificates of deposit are easing down, this weekend is good timing for a closer look at ...
In 1965, the government of Czechoslovakia adopted a resolution which ordered that 1-4 % of the budget of the entire building be dedicated to its artistic beautification in the form of permanent placement of works of art. Buildings with a lower budget had to set aside up to 4.2 % for art, buildings with a budget over 200,000 Czechoslovak crowns ...