How much is statistical discrepancies in surplus or deficit

Assignment Help Financial Management

Reference no: EM131531508

Please use this information on the following four questions.

You are given the following transactions (in billions):

• Intel (a US company) receives $4 in royalty payments from a Korean firm.

• The US Federal Reserve sells $10 and purchases euros

• US bondholders pay $12 in interest to Japanese investors

• US imports $10 in consumer electronics

• German investors buy $5 in Dell stock

• US exports $8 in lumber

• Indian investors buy $16 in US T-Bills

Assume that these transactions are the only ones that occur during the reporting period. That is, do not worry about the offsetting credit/debit that would usually occur. Using these transactions, answer the following questions. Please enter only the numbers and do not enter a dollar sign. You should signify whether they are surpluses by using a "+' sign and deficits by entering a "-" sign.

1. What is the balance on current account?

2. What is the balance on capital account?

3. What is the balance in the official reserves account?

4. By how much is the statistical discrepancies in surplus or deficit?

Reference no: EM131531508

Questions Cloud

Average return and standard deviation for population : Calculate the average return and standard deviation for population for Claymore

Require an effective annual interest rate : If you require an "effective" annual interest rate (not a nominal rate) of 8.58%, how much should you be willing to pay for the bond?

What is the yield on one year t-bonds one year from now : what is the yield on 1-year T-bonds one year from now? Be sure to use a geometric average in your calculations.

What is the return on portfolio : You have a portfolio of two stocks held in equal weights. The risk free rate is 3% and the market risk premium is 9%. What is the return on the portfolio?

How much is statistical discrepancies in surplus or deficit : What is the balance on capital account? What is the balance in official reserves account? By how much is statistical discrepancies in surplus or deficit?

Recommending to help improve the heath care industry : What solutions are you recommending to help improve the heath care industry? Analyze the costs involved with a solution.

Expected dividends-what is the current price of its stock : If CX's equity cost of capital is 12%, what is the current price of its stock?

Pay a total dividend and repurchase worth of shares : Zoom Enterprises expects that one year from now it will pay a total dividend of $5.0 million and repurchase $5.0 million worth of shares.

Describe the two general types of subsequent events : Describe the two general types of subsequent events. What is the auditors' responsibility with respect to detecting subsequent events?

User Account

All Pages