Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 05, 2024

A US firm imports wine from France. This is classified in the US BOP in the: financial account None of the answers in this question

A US firm imports wine from France. This is classified in the US BOP in the:

financial account
None of the answers in this question are correct.
Current account
Capital account

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Fundamentals of Financial Management

Authors: Eugene F. Brigham, Joel F. Houston

13th edition

978-1285027371, 128502737X, 978-1133541141

More Books

Students also viewed these Finance questions

Question

★★★★★

At December 31, Vicki's Designers had gross accounts receivable of $346,000. Historically, Vicki's Designers has estimated bad debt expense as 5% of gross receivables. Required a. Calculate bad debt...

Answered: 1 week ago

Question

★★★★★

A furniture company has two plants that produce the lumber used in manufacturing tables and chairs. In 1 day of operation, plant A can produce the lumber required to manufacture 20 tables and 60...

Answered: 1 week ago

Question

★★★★★

14. Let X be uniform over (0, 1). Find E[X|X Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

Dennis Luljak started his own delivery service, Luljak Deliveries, on June 1, 2014. The following transactions occurred during the month of June. June 1 Dennis invested $10,000 cash in the business....

Answered: 1 week ago

Question

★★★★★

Wright Corp, has a complex capital structure. During all of 2016, Wright Corp. had outstanding 125,000 shares of common stock and 7,500 shares of noncumulative, 8%, S50 par preferred stock. Each...

Answered: 1 week ago

Question

★★★★★

An Insurance Premium of $18,000 was paid for the entire year (12 months) in advance. This payment was recorded correctly. During the past 6 months, however, no adjustments have been made. You are...

Answered: 1 week ago

Question

★★★★★

During a research project, interviewers are giving a quota of interviews to complete within a given time frame. One interviewer consistently exceeds the quota but her data reveals lots of out-...

Answered: 1 week ago

Question

★★★★★

kom " A jackrabbit can run at the speed of 1.35 kilometers per minute. How fast can the jackrabbit run in miles per hour? First fill in the two blanks on the left side of the equation using two of...

Answered: 1 week ago

Question

★★★★★

1. The Contingency Planning Policy is implemented for which NIST function and sub-categories(s)? 2. Which organization is the implementation example you identified for? Which industry sector (e.g.,...

Answered: 1 week ago

Question

★★★★★

1) Last week we looked at Consumer Choice Theory, and this week, we are looking at Theory of the Firm. The major difference between these two players in an economy is that the household (consumer)...

Answered: 1 week ago

Question

★★★★★

Why does the UCC place additional accountability on merchants or the contracts it governs?

Answered: 1 week ago

Question

★★★★★

How is a testamentary trust different from a living trust? A testamentary trust only takes effect when the beneficiary turns 21. A testamentary trust can be changed at any time. A testamentary trust...

Answered: 1 week ago

Question

★★★★★

Financial statement effects of purchase and pooling-of-interests methods. (Requires coverage of Appendix I 1.2.) Exhibit 1 1.16 presents condensed balance sheet data for Water Company and Soluble...

Answered: 1 week ago

Question

★★★★★

Financial statement effects of purchase and pooling-of-interests methods. (Re- quires coverage of Appendix 11.2.) Bristol-Myers Corporation and Squibb, both pharmaceutical companies, agreed to merge...

Answered: 1 week ago

Question

★★★★★

Journal entries and financial statement presentation of marltetable equity securities. The following information summarizes data about Dostal Corporation's marketable securities held as current...

Answered: 1 week ago

Previous Question Next Question