The following Table 1 is the balance of payment for Malaysia in the year 2019. Table 1 Items RM (million) Exports of goods 95,750 Import of goods 98,230 Transportation 93 Nett transfer 350 Errors and omissions 750 Official long-term capital (net) 630 Freight and insurance -4,255 Other Services 1,550 Travel 655 Investment Income Corporate investment (nett) Private short-term capital (nett) -5,525 9,200 3,215 Based from the Table 1, calculate the following: a. Service account balance. b. Balance in current account. c. Capital account balance. d. Overall balance.
The following Table 1 is the balance of payment for Malaysia in the year 2019. Table 1 Items RM (million) Exports of goods 95,750 Import of goods 98,230 Transportation 93 Nett transfer 350 Errors and omissions 750 Official long-term capital (net) 630 Freight and insurance -4,255 Other Services 1,550 Travel 655 Investment Income Corporate investment (nett) Private short-term capital (nett) -5,525 9,200 3,215 Based from the Table 1, calculate the following: a. Service account balance. b. Balance in current account. c. Capital account balance. d. Overall balance.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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