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[10] On September 7, 2016, Dell Inc. completed the merger with EMC Corp., which involved the issuance of $45.9 billion in debt and $4.4 billion common stock. [2] [11] The Dell Services, Dell Software Group, and the Dell EMC Enterprise Content Divisions were sold shortly thereafter for proceeds of $7.0 billion, which was used to repay debt. [2]
Dell is ranked 31st on the Fortune 500 list in 2022, [7] up from 76th in 2021. [8] It is also the sixth-largest company in Texas by total revenue, according to Fortune magazine. It is the second-largest non-oil company in Texas. [9] [10] As of 2024, it is the world's third-largest personal computer vendor by unit sales, after Lenovo and HP. [11]
The Internal Revenue Service ( IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue ...
The bigger refund is because the IRS adjusted many of its provisions in 2023 for inflation, such as raising the standard deduction and increasing its tax brackets by 7.1%. CBS MoneyWatch noted ...
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2021–2023 inflation surge. Inflation rate, United States and eurozone, January 1960 through June 2024. Following the COVID-19 pandemic in 2020, a worldwide surge in inflation began in mid-2021 and lasted until mid-2022. Many countries saw their highest inflation rates in decades. It has been attributed to various causes, including pandemic ...
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