Question

In: Finance

Given the following information: Imports $241.0 Net income from foreign investments 66.7 Foreign investments in U.S....

Given the following information:

Imports $241.0
Net income from foreign investments 66.7
Foreign investments in U.S. 8.4
Government spending abroad 4.6
Exports 175.7
U.S. investments abroad 24.9
Foreign securities bought by U.S. 3.8
U.S. securities bought by foreigners 2.3
Purchase of short-term foreign securities 8.0
Foreign purchases of U.S. short-term securities 8.8

Determine the balance on the U.S. current account and capital accounts. Round answers to one decimal place.

Balance on current account: $  

Balance on capital account: $  

Solutions

Expert Solution

jeff jeffy answered 2 years ago
Next > < Previous

Related Solutions

Use the information in the following table, and information given on imports and exports, to determine...
Use the information in the following table, and information given on imports and exports, to determine the level of unplanned inventory at each level of real GDP. Employment, Output, Consumption, and Unplanned Inventory Possible Levels of Employment Real GDP (Output) Equals Disposable Income Consumption Investment Unplanned Inventory (Millions of workers) (Billions of dollars) (Billions of dollars) (Billions of dollars) (Billions of dollars) 40 325 300 150 45 375 325 150 50 425 350 150 55 475 375 150 60 525...
FORco, a foreign corporation, operates a U.S. branch that derives all of its income from U.S....
FORco, a foreign corporation, operates a U.S. branch that derives all of its income from U.S. business operations. During its first year of operations, the branch has $20 million of income effectively connected to the U.S. operations and distributes all of its after-tax earnings to FORco. Assume no change in U.S. net equity during the year, a U.S. corporate tax rate of 21%, and a U.S. withholding rate for U.S.-source dividends is 5%. Assume the applicable treaty provides a rate...
Describe how the following transactions would affect U.S. exports, imports, and net exports: Students in Prague...
Describe how the following transactions would affect U.S. exports, imports, and net exports: Students in Prague flock to see the latest movie from Hollywood. Mrs. Jones in Philadelphia buys a new Volvo. The student bookstore at Oxford University in England sells a copy of a U.S. printed/authored textbook A Canadian citizen shops at a store in northern Vermont to avoid Canadian sales taxes. An American art professor spends the summer touring museums in Europe. Please do not copy one of...
Describe how the following transactions would affect U.S. exports, imports, and net exports: Students in Prague...
Describe how the following transactions would affect U.S. exports, imports, and net exports: Students in Prague flock to see the latest movie from Hollywood. Mrs. Jones in Philadelphia buys a new Volvo. The student bookstore at Oxford University in England sells a copy of a U.S. printed/authored textbook A Canadian citizen shops at a store in northern Vermont to avoid Canadian sales taxes. An American art professor spends the summer touring museums in Europe.
Describe how the following transactions would affect U.S. exports, imports, and net exports: Students in Prague...
Describe how the following transactions would affect U.S. exports, imports, and net exports: Students in Prague flock to see the latest movie from Hollywood. Mrs. Jones in Philadelphia buys a new Volvo. The student bookstore at Oxford University in England sells a copy of a U.S. printed/authored textbook A Canadian citizen shops at a store in northern Vermont to avoid Canadian sales taxes. An American art professor spends the summer touring museums in Europe.
Given the following information, calculate the ROE. Sales = $350,000; Net Income = $50,000; Total assets...
Given the following information, calculate the ROE. Sales = $350,000; Net Income = $50,000; Total assets = $500,000; D/E = 1.5. a. 30% b. 20% c. 15% d. 25% e. 10%
With reference to the information given above, complete the following: Mabotsana’s Limited’s absorption costing net income...
With reference to the information given above, complete the following: Mabotsana’s Limited’s absorption costing net income for October 2019 would be ______________ variable costing net income. (2) a. R150 000 greater than b. R150 000 less than c. R240 000 less than d. R240 000 greater than The following information relates to questions 4 and 5: The following information was taken from the production records of Mabotsana Limited for October 2019: Opening inventory 1 000 units Closing inventory 6 000...
In order to protect the U.S. steel industry, the United States has levied a tariff on imports of foreign steel from many nations.
In order to protect the U.S. steel industry, the United States has levied a tariff on imports of foreign steel from many nations. Which of the following effects would an import tariff on steel be likely to have? (Check all that apply.)Quantity of steel imported would go downPrices paid by U.S. steel buyers would go upPrices received by U.S. steel producers would go downU.S. government revenue would go downIncome to foreign exporters of steel to the USA would go downTo...
The following information was taken from the books and records of Wildhorse, Inc.: 1. Net Income...
The following information was taken from the books and records of Wildhorse, Inc.: 1. Net Income $360,000 2. Capital structure: a. Convertible 6% bonds. Each of the 330, $1,000 bonds is convertible into 50 shares of common stock at the present date and for the next 10 years. 330,000 b. $10 par common stock, 180,000 shares issued and outstanding during the entire year. 1,800,000 c. Stock warrants outstanding to buy 15,840 shares of common stock at $20 per share. 3....
Given the following information regarding an income producing property, determine the net present value using unlevered...
Given the following information regarding an income producing property, determine the net present value using unlevered cash flows at a discount rate of 10%. Expected Holding Period: 5 years; 1st year Expected NOI: $91,200; 2nd year Expected NOI: $93,873; 3rd year Expected NOI: $96,626; 4th year Expected NOI: $99,462; 5th year Expected NOI: $102,383; 6th Expected NOI: 105,634; Debt Service in each of the next five years: $60,544; Current Market Value: $897,000; Required equity investment: $223,350; Apply a going-out capitalization...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT