during the year 2010,the owners of the oil rig .which sunk in the golf of mexico by the end of april,will have to pay the american victims from louisiana an idemnity of 2500 million dollars.the british company (BP) is shareholder of 65% of the oil rig ,while the japanese company mitsui holds 10% of the shares and the american company anadarko 25%. the payments will be financed by a reduction in the after tax profit of BP and by loans from the american banks for the companys Mitsui and Anadarko.
As 0.65*2500=1625 ;0.1*2500=250 ;0.25*2500=625,how are these operations registered in the american balance of payments??with clarity explained
balance of payments is correct - don*t forget to capitalise the country adjectives American, British etc.
Regards,
Michael
sorry! I`m not intersting at financial problems and politics