Consider the following events: Overseas telecommunication filmmakers for broadcasting TV shows. companies are paying $400,000...

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Consider the following events: • Overseas telecommunication filmmakers for broadcasting TV shows. companies are paying $400,000 to US • Morgan Stanley bought US Treasury Bills worth $1 Billion. • A Canadian liquor store LCBO sold ice vine worth $100,000, $30,000 of which was sold to US customers. A US telecom company bought patents from Nokia (Finland) for $1,000,000. • Wells Fargo received $500,000 in dividends from overseas holdings. • US Government contributed $100,000 to the BIRD foundation sponsoring research at Tel Aviv University. • A senior residing in New York moved to the Orange County and brought the retirement savings worth $700,000. • Crédit Agricole, a major French bank, purchased shares of a US-based pharmaceutical company for $800,000 What is the net of the financial account? Consider the following events: • Overseas telecommunication filmmakers for broadcasting TV shows. companies are paying $400,000 to US • Morgan Stanley bought US Treasury Bills worth $1 Billion. • A Canadian liquor store LCBO sold ice vine worth $100,000, $30,000 of which was sold to US customers. A US telecom company bought patents from Nokia (Finland) for $1,000,000. • Wells Fargo received $500,000 in dividends from overseas holdings. • US Government contributed $100,000 to the BIRD foundation sponsoring research at Tel Aviv University. • A senior residing in New York moved to the Orange County and brought the retirement savings worth $700,000. • Crédit Agricole, a major French bank, purchased shares of a US-based pharmaceutical company for $800,000 What is the net of the financial account?

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To calculate the net of the financial account we need to determine the direction of the financial fl... View the full answer