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maw [93]
3 years ago
7

China had a $214 billion overall current account surplus in 2012. Assuming that China’s net debt forgiveness was zero in 2012 (i

ts capital account balance was zero), what was the net balance of Chinna's financial account balance?
Instructions: Enter your answer as a whole number. If you are entering a negative number be sure to include a negative sign (-) in front of that number.

$ ________ billion.
Business
1 answer:
Pie3 years ago
4 0

Answer:

The correct asnwer is $-214 billion.

Explanation:

A surplus occurs when an account exceeds the credit after having paid all its debts and obligations.

As the example says, assuming that China’s net debt forgiveness was zero in 2012, then the net balance of China's financial account balance would be -214 billion.

This means that China would be facing a deficit.

A defit means that more money comes out of our company's account than it enters.

Which causes China to have a<u> negative balance account.</u>

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Answer:

Borrowed amount of $2,500

Explanation:

The computation is shown below;

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Why are marketers sometimes "forced” to reposition their products or services? Il
Sergio039 [100]

<h3>Explaination</h3>

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<h3>Reason</h3><h3 />

There could be many reasons for marketers repositioning their products.

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8 0
3 years ago
................................................................................................................................
Goryan [66]

Answer:

yuh :)

Explanation:

7 0
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Valentin [98]

Answer:

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First of all, RL intends to refinance the short term liability but has not completed the process yet. What it is showing in the balance sheet is that they have the intention to do it, and that they have already negotiated with their debtors the refinancing procedure, but the procedure is not over yet. Refinancing a debt sometimes may take a long time specially due to legal paperwork (e.g. register an asset as collateral), but RL is showing that the process has already been agreed upon with the creditors and all they need is time to finish it.

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