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Help need to answer the following questions:

1) What is the advantage to the firm of a positive balance in retained earnings?

2) Identify whether the following transactions would:
a) affect the current or the capital account for Canada

b) whether they would increase or decrease the balance of the relevant account

i) US-based company purchases 200 tonnes to steel cans procuded in Manitoba by a Canadian owned comp.
ii) UK based company purchases a Canadian comp. that produces children's clothing
iii) Canadian based comp. purchases 20 forklifts produced by a US owned company
iv) German based comp. purchases 2000000 par value of Gov. of Canada bonds.

Thank you in advance.
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