The net foreign asset (NFA) position of a country is the value of the assets that country owns abroad, minus the value of the domestic assets owned by foreigners. The net foreign asset position of a country reflects the indebtedness of that country.
Change in Net Foreign Assets = Current Account
Current Account = Savings - Investment
In 1991
US Current Account = $700 - $600 = $100 Millions
In 1992
US Current Account = $850 - $900 = -$50 Millions
In 1990 end
Net Foreign Asset = -$100 Millions
So, US Net Foreign Asset Position at the end of 1992 = -$100 + $100 + (-$50) = -$50 Millions.
3. Suppose that at the end of 1990 the Net Foreign Asset Position of the United...
6. Debtors and creditors - Net international investment position Suppose that at the end of 2014, the value of U.S.-owned assets abroad is $13,755 billion, and the value of foreign-owned assets in the United States (which are U.S. liabilities) is $16,295 billion. The net international investment position of the United States in 2014 is __________$ billion. (Hint: Be sure to include a negative sign if the U.S. is experiencing debt.) Suppose that in 2015, the United States runs a current...
6. Debtors and creditors - Net international investment position Suppose that at the end of 2014, the value of U.S.-owned assets abroad is $15,888 billion, and the value of foreign-owned assets in the United States (which are U.S. liabilities) is $16,953 billion. The net international investment position of the United States in 2014 is 5 experiencing debt.) billion. (Hint: Be sure to include a negative sign if the U.S.is Suppose that in 2015, the United States runs a current account...
Suppose that at the end of 2012, the value of U.S.-owned assets abroad is $15,888 billion, and the value of foreign-owned assets in the United States (which are U.S. liabilities) is $16,953 billion. The net international investment position of the United States in 2012 isbillion. (Hint: Be sure to include a negative sign if the U.S. is experiencing debt.) Suppose that in 2013, the United States runs a current account surplus of $514 billion. If other factors remained constant, the...
Staples, Inc. is one of the largest suppliers of office products
in the United States. Suppose it had net income of $738.72 million
and sales of $23,085.0 million in 2019. Its total assets were
$12,000 million at the beginning of the year and $15,000 million at
the end of the year. What is Staples, Inc.’s (a) asset turnover and
(b) profit margin?
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 13-13 * Your answer is incorrect. Try again. Staples,...
The following graph shows the domestic market for oil in the United States, where Sp is the domestic supply curve, and Dp is the domestic demand curve. Assume the United States is considered a large nation, meaning that changes in the quantity of its imports due to a tariff influence the world price of oil. Under free trade, the United States faced a total supply schedule of SD+w, which shows the quantity of oil that both domestic and foreign producers...
Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $933 million and sales of $23,301 million in 2017. Its total assets were $13,101 million at the beginning of the year and $13,950 million at the end of the year. What is Staples, Inc's (a) asset turnover and (b) profit margin? (Round asset turnover to 2 decimal places, e.g. 1.25 and profit margin to 1 decimal place, e.g. 2.5%.)...
#7. Net income Dokic, Inc. reported the following balance sheets for year-end 2001 and 2002 (dollars in millions): 2002 2001 Cash $650 $500 Accounts receivable 450 700 Inventories 850 600 Total current assets $1,950 $1,800 Net fixed assets 2,450 2,200 Total assets $4,400 $4,000 Accounts payable $680 $300 Notes payable 200 600 Wages payable 220 200 Tot current liabilities $1,100...
This table indicates the US domestic demand and supply schedules for commercial jet airplanes. Suppose that the world price of a commercial jet airplane is $100 million. Price (millions) Quantity of Jets Demanded Quantity of Jets Supplied $120 100 1000 110 150 900 100 200 800 90 250 700 80 300 600 70 350 500 60 400 400 50 450 300 40 500 200 Without trade, how many commercial jet airplanes does the US produce, and at what price are...
Using the data in the “Memoranda” to Table 13-3, calculate the
U.S. 2009 net international investment position with direct
investments valued at market prices.
TABLE 13-3 International Investment Position of the United States at Year End, 2008 and 2009 (millions of dollars) Changes in position in 2009 Atributable to Type of investment Postion, 2008 Valuation adjustments Position, 2009 Financial flows Price changes Exchange rate changes Other changes Total (a+b+c+d) 522,929 276,730 -216,075 50.804 -165,271 172,452 19,103 153,349 276.730 1|Net International...
1. Use the following information on a hypothetical economy, Woodfordia, for the year 2012: Table 1: BOP and NIPA data National Income and Product Accounts Balance of Payments Accounts Current account surplus of $1 billion Nonreserve financial account deficit of $850 million Capital account surplus of $75 million GNE of $8 billion ($8,000 million) Consumption of $5 billion ($5,000 million) of $1.1 billion ($1,100 million) A $250 million b government budget deficit Earnings of $150 million for foreign factors located...