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A branch of a large French corporation that conducts business operations in the US, transfers dividends in the amount of $5 million to France. Transfer
A branch of a large French corporation that conducts business operations in the US, transfers dividends in the amount of $5 million to France. Transfer of the dividend will take form of a long-term deposit by the parent company in an American bank. Select one: a. A $ 5-million entry on the debit side of a current account as primary income and a $ 5-million entry on the credit side of a financial account as other investment O b. A $ 5-million entry on the credit side of a current account as primary income and a $ 5-million entry on the debit side of a financial account as other investment O c. A $ 5-million entry on the debit side of a financial account as portfolio investment and a $ 5-million entry on the credit side of a financial account as other investment O d. A $ 5-million entry on the debit side of a financial account as direct investment and a $5-million entry on the credit side of a financial account as other investment Clear my choice How the following transaction will be recorded in the US Balance of payments sheet? An American bank buys 0.5% of the shares of the Polish company for the equivalent of $30 million. Polish zloty needed for payment the American bank obtains from the sale of long-term Polish government bonds. Select one: O a. A $ 30-million entry on the debit side of the current account as primary income and a $ 30-million dollar entry on the credit side of the financial account as portfolio investment O b. A $ 30-million entry on the debit side of the financial account as a direct investment and a $ 30-million dollar entry on the credit side of the financial account as a portfolio investment O c. A $ 30-million entry on the debit side of the current account as secondary income and a $ 30-million dollar entry on the credit side of the financial account as portfolio investment d. A $ 30-million entry on the debit side of the financial account as a portfolio investment and a $ 30-million dollar entry on the credit side of the financial account as a portfolio investment
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