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skelet666 [1.2K]
3 years ago
7

All of the following are examples of current account transactions EXCEPT: Elimination Tool Select one answer A The United States

purchases 200 tons of Canadian bacon. B Argentina purchases 10,000 French berets. C Mexico purchases 500 Spanish matador outfits. D Germany pays 1 million euro for the services of Swiss accountants. E China purchases $10 billion of United States government securities.
Business
1 answer:
9966 [12]3 years ago
7 0

Answer:

E

Explanation:

the current account of a country measures the value of the trade balance, transfers and the net income

the component of the current account includes

trade balance - it measures the value of the  import and export of goods and services of a country.

net income - measures the value of the income received by a country's residents less the income paid to foreigners

transfers - it includes income sent home by a country's citizens working outside the country

Asset income - measures changes in the asset income

this transaction - China purchases $10 billion of United States government securities - would be included in the capital account

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​(Cost of​ debt) Belton Distribution Company is issuing a ​$1 comma 000 par value bond that pays 8.9 percent annual interest and
ioda

Answer:

After tax cost of debt is 7.69%

Explanation:

The after tax cost of debt can be computed by first of all determining the pre-tax cost of debt .

The pre-tax of debt is the yield to maturity computed using the rate formula in excel as follows:

=rate(nper,pmt.-pv,fv)

nper is the number of times the bond would pay coupon interest over the entire bond life ,which is 15 years multiplied by 2=30

pmt is the semi-annual interest which is $1000*8.9%/2=$44.5

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fv is the face value of the bond at $1000

=rate(30,44.5,-962,1000)=4.69%

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The 9.38% is the pretax

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3 years ago
The descriptions below give the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment. Use th
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<u>Explanation:</u>

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In today's business environment, companies have to find ways to remain profitable by coping with increased competition and rapid
eimsori [14]

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<u>Greater</u>

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Adam is a part-time employee who earned $495.00 during the most recent pay period. He is married with two withholding allowances
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Answer:

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solution

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