-Refer to the Above Table

question 14

Multiple Choice

-Refer to the above table. Nation "A" has a current account

• A) deficit of 15.
• B) surplus of 15.
• C) deficit of 60.
• D) surplus of 60.

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Definitions:

Working Capital Policy

A strategy relating to managing a firm's short-term assets and liabilities with the objective of maintaining sufficient liquidity to carry out operations smoothly.

Top Management

The highest level of managers and executives who have the day-to-day responsibilities of managing a company or corporation, making strategic decisions.

Financing Nature

The characteristic manner or method in which a company prefers to finance its operations, typically equity, debt, or a hybrid.

Spontaneous Financing

Financing provided by current liabilities that arise automatically as a result of doing business.