1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
konstantin123 [22]
3 years ago
12

Suppose that hypothetically there are only two countries in the world: Japan and South Korea Now suppose that at the end of year

2, Japan has positive net exports of $20 billion against South Korea. In addition, Japan has earned $1 billion in interest from its South Korean assets over the course of year 2. Question: What are the respective balances for the current account, and the financial and capital account for Japan at the end of year 2
Business
1 answer:
Yanka [14]3 years ago
5 0

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

You might be interested in
Marshall has received an inheritance and wants to invest a sum of money today that will yield $5,400 at the end of each of the n
BigorU [14]

Answer:

$3,315.13

Explanation:

To determine the amount of inheritance Marshall should invest today, we have to calculate the present value of $5,400.

PV = FV (1 + r)^-n

FV = Future value = $5,400

P = Present value

R = interest rate 5%

N = number of years 10

$5400(1.05^-10) = $3,315.13

I hope my answer helps you

3 0
3 years ago
Consider a service company that provides carpet cleaning and uses straight-line depreciation. Classify the cost of the depreciat
madreJ [45]

Answer: Fixed Indirect costs.

Explanation:

Depreciation cost is the amount of a fixed asset that has been charged to expense through a periodic depreciation charge. Depreciation can either be a direct cost which is one that varies in concert with changes in a related activity while

an indirect cost is one that is not directly associated with an activity.

The determination of depreciation as a direct or indirect cost depends upon what it is associated with. For example carpet cleaning is an Indirect costs because it's precise benefits to a specific project is difficult or impossible to trace Also,since depreciation is a fixed cost, because it recurs in the same amount per period throughout the useful life of an asset then cost of the depreciation on the carpet cleaning is a Fixed Indirect Cost.

8 0
3 years ago
In this blank graph of the business cycle, what does the red circled area on the grap
serg [7]

Answer:It is contraction

Explanation:It is at the smallest point

6 0
3 years ago
Adjustments for ________ would not be included in the required reconciliation of the Governmental Fund Balance Sheet to the gove
UNO [17]

Answer:

Adjustments for enterprise fund-basis statements from their original modified accrual basis would not be included in the required reconciliation of the Governmental Fund Balance Sheet to the governmental activities Statement of Net Position.

8 0
3 years ago
Assume that Georgia has exports of $ 50 billion, imports of $45 billion, and GDP of $200 billion. What is Georgia's level of tra
Luba_88 [7]

Answer: 25%

Explanation:

Level of trade is simply calculated as the percentage of export of a particular country to its share of the gross domestic product.

Based on the scenario given in the question, the level of trade will be:

= (Exports / GDP) × 100

= 50/200 × 100.

= 1/4 × 100

= 25%

6 0
2 years ago
Other questions:
  • Maria works as a tutor for $10 an hour and as a waitress for $14 an hour. This month, she worked a combined total of 83 hours at
    13·1 answer
  • Could I Industries just paid a dividend of $1.62 per share. The dividends are expected to grow at a rate of 20 percent for the n
    8·1 answer
  • Two professors at a nearby university want toco-author a new textbook in either economics or statistics. They feel that ifthey w
    12·1 answer
  • In 2 or 3 sentences, explain why putting the demand and supply schedules together can help you to see what price and quantities
    14·2 answers
  • In the job performance formula Performance=M+A+E, what does M stand for?
    13·1 answer
  • First Community Bank spent a considerable amount of money updating its lobby with plush sofas, a large-screen television, and a
    15·2 answers
  • Without _____, businesses would find it difficult, if not impossible, to buy more raw materials, hire more employees, attract mo
    6·1 answer
  • A bond par value is $1,000 and the coupon rate is 5.1 percent. The bond price was $946.02 at the beginning of the year and $979.
    6·1 answer
  • Topsider Inc. is evaluating whether to replace an existing leather-cutting machine with a new machine that has a five-year life.
    14·1 answer
  • A sharp downturn in the U.S. housing market reduced the income of many who worked in the home construction industry. A Wall Stre
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!