The Following Table Shows the 2012 Balance of Payments Data

question 71

Multiple Choice

The following table shows the 2012 balance of payments data for the hypothetical nation of Zabella.All figures are in billions of dollars.
Current Account:

-Refer to the above data.Zabella's balance on capital account shows a:

• A) deficit of $10 billion.
• B) surplus of $5 billion.
• C) deficit of $28 billion.
• D) surplus of $13 billion.

---

Definitions:

Accounting Records

Accounting Records are documentation and books that comprise all the financial statements, ledgers, and other pertinent financial information about a business.

Days' Sales Uncollected

A financial ratio that measures the average number of days it takes for a company to collect payment after a sale has been made.

Accounts Receivable

Accounts receivable refers to the amount of money that customers owe to a company for goods or services that have been delivered but not yet paid for.

Cash

Liquid currency and assets readily convertible into cash, used to fund day-to-day operations and transactions.