Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. Consider the following events: shit Uverseas telecommunication companies are paying $400,000 to US filmmakers for broadcasting TV shows. I current) 100,CCO Morgan Stanley bought

image text in transcribed
2. Consider the following events: shit Uverseas telecommunication companies are paying $400,000 to US filmmakers for broadcasting TV shows. I current) 100,CCO Morgan Stanley bought US Treasury Bills worth $1 Billion Financial A Canadian liquor store LCBO sold ice vine worth $100,000, $30,000 of which was sold to US customers.(Current) - 30,00 A US telecom company bought patents from Nokia (Finland) for $1 million. Capital Wells Fargo received $500,000 in dividends from overseas holdings. (Current) +500,000 US Government contributed $100,000 to the BIRD foundation sponsoring research at Tel Aviv University. Current) 100,COO A senior residing in New York moved to the Orange County and brought the retirement savings worth $700,000. Capital) Crdit Agricole, a major French bank, purchased shares of a US-based pharmaceutical company for $800,000/Financial) a) What is the net of the current account? $770,000 (1460,000 - $30,000.+500,000 -100,000) b) What is the net of the capital account?-$300,000 (41,000,000 +700,000) c) What is the net of the financial account?-$1,000, 800,000 $7,000,000,000 - $800,000 d) What is the net of the balance of payments? - $1,000, 330, 00 0f$1.000,800,000 - $300,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

5. Structure your speech to make it easy to listen to

Answered: 1 week ago

Question

1. Describe the goals of informative speaking

Answered: 1 week ago