Assume an Australian FI Has US$100 000 in Assets and US$200

question 55

Multiple Choice

Assume an Australian FI has US$100 000 in assets and US$200 000 in liabilities. Further, the FI has bought US$40 000 and sold US$20 000. What is the net foreign asset of the Australian FI?

• A) -US$100 000
• B) -US$80 000
• C) US$80 000
• D) US$100 000

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Definitions:

Attractive

A quality that appeals to the senses or emotions, making something or someone appealing or desirable.

Obesity

A health condition marked by an abnormal amount of body fat which elevates the likelihood of facing health issues.

France

A country in Western Europe known for its rich history, cultural landmarks, and significant contributions to art, science, and philosophy.

Underestimate

To judge something to be smaller or less important than it actually is.