What happens to France's BOP iLMVH, a French luxury goods company, buys €1.5M of consulting services from a British subsidiary of BCG. writing a check on its € bank account at Societe Generale in Paris, and BCG deposits the check at Banque Paribas, also in Paris. A Current account records a debit item of €1.5M and financial account records a credit item of €1.5M B. Current account records a credit item of €1.5M and financial account records a debit item of €1.5M CFinancial account records a debit item of €1.5M and financial account records a credit item of €1.5M OD. Current account records a credit item of €1.5M and current account records a debit item of €1.5M pays by

What happens to France's BOP iLMVH, a French luxury goods company, buys €1.5M of consulting services from a British subsidiary of BCG. writing a check on its € bank account at Societe Generale in Paris, and BCG deposits the check at Banque Paribas, also in Paris. A Current account records a debit item of €1.5M and financial account records a credit item of €1.5M B. Current account records a credit item of €1.5M and financial account records a debit item of €1.5M CFinancial account records a debit item of €1.5M and financial account records a credit item of €1.5M OD. Current account records a credit item of €1.5M and current account records a debit item of €1.5M pays by

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: What is 12/44 expressed as a decimal? Record your answer rounded to 2 decimal places. For example,…

A: Divide 12/44, we would get 0.272727272727The decimal is repeating. This means that the decimal 27…

Q: (d) Find the profit maximizing price. (e) Find the profit maximizing quantity. (f) Find the profit…

A: A firm will maximise profit at a point where marginal revenue is equal to marginal cost. Total…

Q: Total revenue for a dairy firm is $2400 per week The output sold is 80 Calculate price per unit

A: The price of a product is the amount of money required to purchase it. Price is a measure of value…

Q: 6. Elasticity and total revenue I The following graph shows the daily demand curve for bippitybops…

A: The demand curve depicts the inverse relationship between price and quantity demanded, keeping other…

Q: Calculate marginal revenue for Q = 5

A: Marginal revenue is the additional revenue a firm gets by selling an additional unit of output.

Q: Find the total profit of firm if total revenue is $800 and total cost is $480

A: The information being given is:- Total revenue = $800 Total cost = $480 We have to calculate profit

Q: a) Write the Revenue equation ,R(x). b) Write the Cost equation, C(x). c) Find the breakeven point.

A: Since you have posted a question with multiple sub-parts, we will solve first three sub parts for…

Q: If profit of the firm is $1090 and total cost is $4300 Calculate the value of total revenue

A: The given information is as follows:- Profits of the firm = $1090 Total cost of the firm = $4300 We…

Q: Analyze factors that impact business strategy within VR, AR and MR

A: Virtual reality(VR), augmented reality(AR), and mixed reality(MR) are boosting productivity in a…

Q: Revenue and cost functions for a company are given in the graph. (a) Estimate the marginal cost at q…

A: Revenue refers to the total amount of money earned by a company or organization from its operations…

Q: Maria manages a bakery that specializes in ciabatta bread, ans she has the following information on…

A: In a monopolistically competitive market structure, every firm produces differentiated goods and…

Q: Do not use chatgpt

A: The most important part is to complete the table.Please note to use the below formulas to complete…

Q: KL PRICE 800 900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 1,900 0 0 0 0 0 ° 397 793 1,190…

A: In game theory, Nash equilibrium refers to the state when no player would intend to deviate from…

Q: Situation: Lettuces and strawberries have almost doubled in price, and the produce rep says this…

A: The price of a good is the monetary value of all the inputs that has been used while the production…

Q: None

A: Step 1: Plotting the weekly total revenue when the market price is $50, $75, $100, $125, $150, $175,…

Q: Calculate the price per unit if quantity sold is 34 units and the revenue generated out of it is…

A: The given information is as follows:- Total revenue = $1500 Quantity sold = 34 units We need to…

Q: What is the profit maximizing profit?

A: The revenue is the amount of money earned from selling the units of output. The cost is the cost of…

Q: The profit when the firm is profit maximizing is _______

A: The practice of maximizing the gap between revenue and total costs is known as profit maximization,…

Q: A firm collect $300 by selling 5 bicycle and collect $330 by selling 6 bicycle. Calculate the…

A: The selling price of 5 units (bicycle) = $300 The selling price of 6 units (bicycle) = $330

Q: When output is expanded from 10 to 11 units, AVC will and ATC will O Insufficient information O…

A: If price is a smaller amount than average total cost but greater than average variable cost, a firm…

Q: Describe the Cost of Cooking with Electric and Gas Ranges.

A: Cost: It shows the monetary value of the good and services which is purchased by consumers and…

Q: Calculate the value of Total revenue when price is $33 and the quantity is 71 units

A: # The revenue generated by the firm by selling all the units of goods at respective prices is…

Q: Quantity Total Price Demanded Revenue Revenue Marginal Total Marginal Cost Cost $24 1000 $24,000…

A: According to the guidelines answer is provided to the first three subparts: a) "Total revenue is…

Q: Which of the following best describes why the Hours of Service Regulations were put into place? O To…

A: The driver test is important to ensure the safety of peope with having the all relevant information.…

Q: The total amount spend on production of 500 machines are $100 billions. The selling price of machine…

A: The cost of producing 500 machine = $100 The selling price of one machine = $25

Q: utput (unit) Total cost (RM) Total fixed cost (RM) Total variable cost (RM) Average fixed cost…

A: The firm is operating in the short run.

Question

Question a

Full explain this question and text typing work only
We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line .

What happens to France's BOP iLMVH, a French luxury goods company, buys €1.5M of consulting services from a British subsidiary of BCG. LMVH pays by
writing a check on its € bank account at Societe Generale in Paris, and BCG deposits the check at Banque Paribas, also in Paris.
OA Current account records a debit item of €1.5M and financial account records a credit item of €1.5M
OB. Current account records a credit item of €1.5M and financial account records a debit item of €1.5M
OC Financial account records a debit item of €1.5M and financial account records a credit item of €1.5M
OD. Current account records a credit item of €1.5M and current account records a debit item of €1.5M

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Understand the Given Problem:

VIEW

Step 2: Identify the Nature of the Transaction

VIEW

Step 3: Recognize the Current Account Entry:

VIEW

Step 4: Determine the Current Account Entry:

VIEW

Step 5: Understand the Financial Account Entry:

VIEW

Step 6: Summarize the Impact on France's BOP

VIEW

Solution

VIEW

Step by step

Solved in 7 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

Calculate price per unit of table if total revenue is $6600 and the output sold is 30 units
Calculate total profit when total revenue is $9000 and the total cost is $8700
Based on this graph,Calculate the total cost for 500 pairs of shoes.
PRICE (Dollars per room) 500 450 400 350 300 250 200 150 100 50 0 Demand 0 50 100 150 200 250 300 350 400 450 500 QUANTITY (Hotel rooms) Graph Input Tool Market for Lakes's Hotel Rooms Price (Dollars per room) Quantity Demanded (Hotel rooms per night) Demand Factors Average Income (Thousands of dollars) Airfare from DSM to ACY (Dollars per roundtrip) Room Rate at Mountaineer (Dollars per night) 350 150 50 100 200 ? For each of the following scenarios, begin by assuming that all demand factors are set to their original values and Lakes is charging $350 per room per night. If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Lakes rooms per night to rooms per night. Therefore, the income elasticity of demand is from , meaning that hotel rooms at the Lakes are If the price of an airline ticket from DSM to ACY were to increase by 50%, from $100 to $150 roundtrip, while all other demand factors remain at their initial values,…
Based on your current quatities and costs, can you still sell a hamburger for 2.00$ and make a profit?