Super Sports, a large sporting goods chain based in Australia, wants to open a store in Norway. With stores around the world, Super Sports executives realize that legal systems vary from country to country. Having never opened a store in Norway, the Super Sports legal team is investigating Norwegian laws to determine how they would impact the corporation and its ability to do business in Norway.Which of the following supports a decision in favor of Super Sports opening a store in Norway?

a. Product injury cases generally rule in favor of plaintiffs regardless of evidence.
b. The opening of warehouse-style stores requires the approval of local retailers.
c. Advertising and marketing of particular products are banned under local distribution laws.
d. MNEs may transfer profits back to the home country without restriction.

Answers

Answer 1

Answer:

Answer:

D) MNEs may transfer profits back to the home country without restriction.

Explanation:

One of the largest obstacles that multinational enterprises (MNE) face when carrying out foreign direct investments is that they must be sure that they will be able to recover their investment and have access to the profits generated by the foreign subsidiaries. It makes no sense to open a subsidiary in a country that will not let money be sent to the corporation's headquarters. E.g. Iran faces severe economic sanctions that basically isolate it from the rest of the word, so investing in Iran is a really bad idea because no matter how profitable a company might be, the profits will remain there.

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Adams is selling his property to Katter for $94,000, and Katter is assuming an existing mortgage at 4-1/2% interest per annum with the unpaid balance of $9,200. Mortgage payments are due the first of each month and include interest up to but NOT including the day of payment. The last payment was made March 1, and settlement is to be March 26. Compute the interest proration that will be credited to the buyer using a 365-day year, and holding the buyer responsible for the day of closing.

Answers

Answer:

$69.53

Explanation:

loan's balance = $94,000

interest expense per year = $94,000 x 4.5% = $4,230

interest expense per day = $4,230 / 365 = $11.5890411

the seller is responsible for 25 days of interest = 25 x $11.5890411 = $289.73

the buyer is responsible for 6 days of interest = 6 x $11.5890411 = $69.53

What's the main advantage of establishing per-item prices on an order and pricing form?a. Clients are informed in advance that high-cost items should be excluded.
b. You can estimate your total cost and reduce overhead.
c. You can reduce the cost of materials and labor.
d. Clients have a way to tailor a catered event to their budget.

Answers

The right answer for the question that is being asked and shown above is that: "a. Clients are informed in advance that high-cost items should be excluded." the main advantage of establishing per-item prices on an order and pricing form is that a. Clients are informed in advance that high-cost items should be excluded.

A portfolio consists of one risk asset and one risk-free asset. The risky asset has an expected return of 15% and a beta of 1.6. The risk free-rate asset has an expected return of 3%. If the portfolio beta is 1.1, what is the expected return of the portoflio? A. 11.259
B. 13.20%
C.19.20%
D. 6.00%
E. 6.75%

Answers

Answer:

11.25%

Explanation:

In this question, we are asked to calculate the expected return of the portfolio.

portfolio beta = weighted average beta of assets

weight of risky asset * beta of asset = portfolio beta

weight of risky asset = 1.1/1.6

= 0.6875

Expected return = sum of (probability of asset * return of asset)

= 0.6875 * 15% + 0.3125 * 3%

= 11.25%

MaxiesBalance sheet as at june 30, 2005
$ $ $
fixed assets(at cost$22890) 10060
current asset
stock. 810
debtor. 4330
prepayment 1350
cash at bank 8370
cash in hand 150

less current liabilities
sundry 200
loan interest 500. 700. 14310
net current asset 24370
loan 10000
14370
capital (July 1 2004 ) 21110
add profit. 29860
50970
less drawing 36600
14370

what is the current ratio