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
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>

You might be interested in
Secondary data consist of ________. Group of answer choices information collected for the specific purpose at hand data that doe
fredd [130]

Answer:

information that already exists somewhere, having been collected for another purpose

Explanation:

In data collection there are two main types based in the source and the purpose for which it is collected.

Primary data collection is done mainly for a particular purpose. It is the first time data is collected for that reason.

Secondary data is one that is collected from primary sources. It is collected from data compiled for other purposes in the past.

The data is now seen as being useful for another activity so it is reused.

Examples are information from newspapers, diaries, transcripts, and financial statements

7 0
4 years ago
2. Some companies have eliminated the collection and reporting of detailed analysis on direct labor costs broken down by various
kherson [118]

Answer:

The description would be presented downwards and as per the circumstance presented.

Explanation:

  • Instead of assigning resources associated with a specific frequency, activity based costs which always track costs on the basis seem to be an essential component of cost accounting because that would be a more effective means for providing resources.
  • The costs when implementing some activity based accounting systems, furthermore, are even less than the potential advantages of moving towards this framework only then would it have been simpler as well as productive for the growing company ABC.
  • Throughout the case situation, the claim whether direct labor constitutes a member of a minority fraction of the overall wages should not be an excellent explanation for either not apportioning production wages contingent on the operation, but if the organization determines that the expense of someone using ABC to assign labor profitability of different practices is greater than advantages, the organization increasing turn to something like an optimization model for that frequency.
7 0
3 years ago
How much does it cost to drive up to boston from philadelphia?
matrenka [14]
Considering the gas and food about $250
7 0
3 years ago
Kroger is a retail food chain with over​ 2,500 supermarkets nationwide. although it does not produce any food​ items, it markets
Marat540 [252]
Kroger is a retail food chain with over 2,500 supermarkets nationwide. Although it does not produce any items, it markets a line of canned and frozen goods carrying the Kroger name. This is an example of product adaptation. 
Product adaptation is the process of adapting an existing product so it is suitable in different customers and markets.
7 0
4 years ago
Suppose you purchase the winning lottery ticket after watching your favorite movie. From this experience, you believe that watch
Dmitry_Shevchenko [17]

Answer:

D

Explanation:

post hoc ergo propter hoc fallacy is a Latin word which means - after this, therefore because of this.

It is an example of a fallacy where if an event B occurs after an event A. So, people associate the occurrence of event B with A.

In this question, a person believes that because he watched his favourite movie (event A), he won the lottery (event B). He has come to associate watching his favourite movie as a prerequisite with winning the lottery. this is not necessarily true

5 0
3 years ago
Other questions:
  • Suppose that price is below the minimum average total cost (ATC) but above the minimum average variable cost (AVC) and that the
    6·1 answer
  • g You will be receiving cash flows of: $2,000 today, $3,000 at end of year 1, $5,000 at end of year 3, and $7,000 at end of year
    12·2 answers
  • In its negotiations with its investment bankers, Patton Electronics has reached an agreement whereby the investment bankers rece
    5·1 answer
  • This is not a homework based question, but do you think one day girls will be able to play with the boys in the NFL??
    6·1 answer
  • President Bigego is running for re-election against Senator Pander. Bigego proclaims that more people are working now than when
    13·1 answer
  • Explicit costs are payments the firm makes for outputs such as desks for its employees, whereas implicit costs are expenditure c
    8·1 answer
  • The duties of human resources include all the following EXCEPT
    12·1 answer
  • A company invested​ $45,000 in Yale Co. stock. The investment represented​ 5% of the voting stock of Yale Co. If the Yale Co. st
    6·1 answer
  • On January 1, 2021, Bishop Company issued 6% bonds dated January 1, 2021, with a face amount of $33 million. The bonds mature in
    8·1 answer
  • What is the present value of $500 invested each year for 10 years at a rate of 5%?​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!