Answer:
<u>Balance of payments surplus</u>
Explanation:
Balance of payments refers to a record of a country's trade position during a period.
Three components of Balance of payments are. current account, capital account and the financial account.
In the scenarios wherein a nation's exports exceed the imports, it reveals a surplus. Conversely, if imports exceed exports, it reveals a deficit.
Borrowings by a nation to fund it's deficit is regarded as an inflow in the balance of payments account.
Thus, in the given case,
Balance of payment position for the FY 2015-16 = $20 - $18 + $40 = +$42
Which indicates balance of payments surplus position.
Answer:
c. Rodriguez is the borrower and debits Accounts Payable
Explanation:
Rodriguez Co will :
- De-recognise the Trade Payable - Wilson Company
- Recognise a Financial Liability to Wilson Company
Wilson Company will :
- Recognise an Investment or FA in Rodriguez Co
- De-recognise the Trade Receivable - Wilson Company
C is the correct answer because the others are invalid
There is more than one reason, but there are two main things they are looking at. They need to see if you are paying on time. The payment history will show if you get behind or not. And because a utility bill is similar to a loan payment, because you have to pay it or you lose your services, they see how responsible you are by checking that. The second major reason they do this is to see what your debt is already. They want to make sure you can afford, with all your bills, to pay them back.
Answer: True.
Explanation:
With the rise in the use of email to communicate during a business transaction, the hard-copy message still has a higher value than the emails: this is because hard copy messages can easily be kept for reference purposes and also they most times bear the stamp and signature of the person(s) transacting the business.
