Answer:
i) $21 billion
ii) $0
iii) $0
Explanation:
GIVEN DATA : ( two countries )
At the end of year 2
net exports = $20 billion for Japan
Interest earned from assets = $1 billion for Japan
i) The balances for the current account for Japan
export value + interest earned from assets
= $20 billion + $1 billion = $21 billion
ii) Financial account for Japan
Financial account for Japan will be zero because there is no increase or decrease in number of its assets within the given period
iii) capital account for Japan
Capital account of Japan will will have a zero balance. this is because Capital account is used to record foreign investments, local investment and the reserve account as well. and there was no investment captured within the given time that was made by Japan
Answer:
It will be reported as accrued expenses (c)
Explanation:
Accrued expenses represents amount owed for either serviced that has been enjoyed or goods that have been delivered but yet to be paid for.
Income statement is prepared on accrual basis, hence, these expenses will be recognized in the current period and matched with revenues generated.
If you had invested $100 in 1972 in the 500 stocks of the s&p500 index $1,612
<h3>What is
stocks ?</h3>
A stock is a type of investment that represents ownership in a portion of the issuing company and is commonly referred to as equity. Owners of shares, often referred to as units of stock, are entitled to a portion of the company's assets and earnings in proportion to the number of shares they own.
The majority of private investors base their portfolios on equities, which are often bought and sold on stock exchanges. Stock trades must adhere to government regulations intended to protect investors from deceptive practices.
A sort of instrument known as a stock, which is commonly exchanged on stock exchanges, represents the holder's ownership interest in the issuing company.
Corporations issue stock as a means of raising capital to fund their operations.
Common are the two main stock classifications.
The two primary stock categories are common and preferred.
To learn more about stocks from the given link:
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A shortage occurs when demand exceeds supply – in other words, when the price is too low. However, shortages tend to drive up the price, because consumers compete to purchase the product. As a result, businesses may hold back supply to stimulate demand.
