Promotion of scope creep is the result from a generalized scope statement.
What is the solution of scope creep?Prior to project beginning, it is important to clearly define the project's needs, confirm that all stakeholders agree on these objectives, communicate the risks of scope creep clearly, develop a clear scope creep management plan, and train stakeholders to implement this control plan.
Projects are badly impacted by scope creep in a number of ways, typically because the amount of work grows but not the budget or schedule. It's well known that scope creep makes team members anxious, causes projects to go over budget, and diverts attention from the initial deliverables. Every project manager should be proficient in managing scope creep and making plans for scope modifications.
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Can some of please help me with this question?
In USA, amazon can manufacturer Electric Mug? If so, how? if not which places in machina, USA Electric Mugs are made?
It is possible for Amazon to produce electric cups in the USA. Uncertainty surrounds whether Amazon now produces electric cups.
If not, where are USA Electric Mugs created in machina?If so, they might have factories or other manufacturing facilities spread out across the nation. Alternately, there might be further businesses inside the USA that produce electric mugs.
You can perform an online search or get in touch with companies that produce electric mugs for further information to learn where in the USA electronic mugs are created.
There are several manufacturers in the USA, but China is where most electric mugs are made. You can look through internet directories or get in touch with nearby businesses that specialise in making electric appliances to locate a producer in the USA.
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What is an example of lack of accurate and timely accounting information?
Some examples of lack of accurate and timely accounting information include:
• Outdated financial statements like income statements, balance sheets, cash flow statements, etc. that do not reflect the current financial position of the company.
• Delays in recording transactions which can lead to inaccurate accounting records. For example, invoices not recorded for weeks or months.
• Lack of periodic reconciliation of balance sheet accounts like accounts receivable, accounts payable, inventory, etc. This can result in inaccurate balances in the financial statements.
• Lack of budgeting and variance analysis to monitor key metrics and identify potential issues. Out of date or non-existent budgets provide no visibility into actual performance vs targets.
• Lack of reliable management information systems to aggregate data from different operational areas. Key metrics and KPIs cannot be tracked and monitored.
• Lack of audit trails to see the history of changes made to accounting records. This reduces transparency and increases the risk of fraud or manipulation.
• Decentralized and manual accounting processes that lead to delays, errors and redundancy. Lack of accounting automation results in low efficiency and high workload.
• Irregular or lack of management reviews of accounting information and financial statements. Important issues may go unnoticed for longer periods.
Those are some common examples of lack of accurate and timely accounting information in an organization. Let me know if you need more details.
What is the difference between debt financing and equity financing?
A) Startups are often able to get debt financing much easier than equity financing
B) None of the above
C) Equity financing involves selling shares of ownership in the company while debt financing does not
D) Equity financing often involves paying interest while debt financing does not
While debt financing does not include selling firm shares, equity financing does. The correct answer is option (c).
What is Equity financing and Debt financing?Selling shares of your company to existing shareholders or to a new investor is referred to as equity financing. This does not imply that you must give up management of your company; your investor may still own a tiny stake. Equity financing is the method through which companies raise capital by offering investors shares of their company.
Using debt financing, a company can raise money for working capital and capital expenditures by selling debt instruments to consumers and/or institutional investors. The individuals or organisations that receive the money become creditors & are guaranteed that the loan's principal and interest will be repaid.
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"The stock market may not be the best place to put your money in the short run, but it is a pretty good place to put your money in the long run." What does this statement mean?
This statement means that one must invest for a long period of time in the stock market. Stocks provide investors with the greatest potential for long-term gain (capital appreciation). Investors who are willing to own equities for a lengthy period of time, say 15 years, have generally been rewarded with significant, positive returns.
The phrase stock market refers to a number of exchanges where shares of publicly traded corporations can be bought and sold. Such financial activities are carried out through regulated exchanges and over-the-counter (OTC) marketplaces that follow a set of rules.
Stock markets are essential components of a free-market economy because they provide democratized access to investor trading and capital exchange. Stock exchanges promote effective price discovery and trading.
Therefore, stock market is good place if we make a investment for a long period of time.
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Sword Properties in Knoxville, TN built a shopping center at a cost $50M in year 2010. The company started leasing space in July of 2010. Assuming the land was purchased for $5M; determine the depreciation charges through 2013 if the property was sold in November 2013.
A. $3,563,100
D. $4,615,200
C. $3,991,050
B. $3,848,400
The depreciation charges if the property was sold in November 2013, given the cost of the shopping center, is B. $3,848,400.
How to find the depreciation charges ?To determine the depreciation charges, we need to know the cost of the depreciable assets, the useful life of the shopping center, and the depreciation method used.
With the straight-line depreciation method, the annual depreciation expense is calculated by dividing the depreciable cost by the useful life:
Annual depreciation expense = (Depreciable cost) / (Useful life)
Annual depreciation expense = ($45M) / (39 years)
Annual depreciation expense = $1,153,846 per year
Total depreciation charges = $576,923 + $1,153,846 + $1,153,846 + $961,538
= $3,848,400
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Ben loves building things. He begins researching careers related to architecture and construction, manufacturing, and STEM (science, technology, engineering, and mathematics). What is the correct name for what he is researching?
A.
employment statistics
B.
academic concentrations
C.
career pathways
D.
career clusters
D. career clusters is the correct designation for what Ben is exploring.
Career clusters are sets of careers that have comparable skills and knowledge requirements. The clusters are built on industries or fields that have similar educational and training requirements. Ben is interested in architecture and construction, manufacturing, and STEM careers.
Mr. James Steven is the Sr Manager in an established IT company. He works with a core team of 20 and at most times communicated through written verbal communication. He intends to sound persuasive while he communicates with his team and he wants them to feel equal at all times. Which are the steps of writing messa
Mr. James Steven should:
Define the purposeKnow the audienceSelect the right wordsStructure the messageWhat are the steps of writing?It is important for him to understand his audience and modify his message to suit their specific needs. Creating a more convincing message can be achieved by comprehending the needs, interests, and expectations of the audience.
He ought to use words that are brief, and influential. It is advisable to maintain a constructive and uplifting tone in the communication.
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See text below
Mr. James Steven is the Sr Manager in an established IT company. He works with a core team of 20 and at most times communicated through written verbal communication. He intends to sound persuasive while he communicates with his team and he wants them to feel equal at all times. Which are the steps of writing messages that he should keep in mind while drafting messages to be sent to his team. Define strategies of writing persuasive messages?
Travis wants to be an animator. “Why do I need to improve my communication skills?” he asks. “I want to draw pictures on computers all day!” What is the BEST response to Travis?
A.
Many animators are freelancers, and freelancers need better communication skills than employees do.
B.
Many animators go into management, and managers need excellent communication skills.
C.
Most animators work on teams, and team members need to communicate well.
D.
Most animators work solo, which means they have nobody else to communicate for them.
C. Most animators work on teams, and team members need to communicate well. While drawing skills are important for animators, the field also requires a great deal of teamwork and collaboration.
What is Management?
Management is the process of planning, organizing, directing, and controlling resources (people, finances, materials) to achieve specific organizational goals and objectives. Effective management involves the coordination and optimization of various resources in order to achieve desired outcomes efficiently and effectively.
Animators work with writers, directors, producers, and other animators to create a finished product. Clear and effective communication is essential to ensure that everyone is on the same page and that the final product meets the desired outcome.
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Discuss the management theories of Total Quality Management and the Learning Organization.
The management theories of Total Quality Management and the Learning Organization.
The management refers to the process of planning, organizing, leading, and controlling resources to achieve organizational goals and objectives.
The Total Quality Management or (TQM) and the Learning Organization are two management theories that focus on improving the quality of products and services through continuous learning and improvement.
In the company, the management is managed by the manager in which they have the responsibility to take project and complete it on given time, budget and so on.
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Shale Remodeling uses time and materials pricing. It reports the following information:
Direct labor rate $ 145 per DLH
Non-materials-related overhead $ 115 per DLH
Materials-related overhead 10% of direct materials cost
Target profit margin (both conversion and direct materials) 20%
What price should the company quote for a job requiring four direct labor hours and $580 in materials?
Shale Remodeling should quote a price of $2,013.60 for this job.
How to calculate the priceDirect materials cost = $580
Materials-related overhead cost = 10% x $580
Materials-related overhead cost = $58
Total cost = direct labor cost + non-materials-related overhead cost + direct materials cost + materials-related overhead cost
Total cost = $580 + $460 + $580 + $58
Total cost = $1,678
Target profit margin = 20% of the selling price
Target profit margin = 20% of (selling price - total cost)
We can rearrange this formula to solve for the selling price:
Selling price = (target profit margin + 1) x total cost
Selling price = (0.20 + 1) x $1,678
Selling price = $2,013.60
Therefore, Shale Remodeling should quote a price of $2,013.60 for this job.
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An impact statement on what inspires you to go to college
What inspires me to go to college are to be acquire valuable skills, knowledge and opportunities to pursue my passions, increase earning potential and contribute to society.
Why is going to college important?Generally, attending college offer individuals the chance to gain new perspectives, develop critical thinking skills and deepen their understanding of the world around them. It also provide opportunities to explore interests and passions, make valuable connections, and prepare for future careers.
Research shows that individuals with a college degree tend to earn higher salaries and have better job security than those without one. Therefore, its graduates have the potential to make a positive impact on their communities and the world through their knowledge and skills.
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Define 2 entry strategies for the global markets (2)
2 entry strategies for the global markets are
ExportingForeign Direct Investment (FDI)What are the entry strategies for the global markets?Exporting: Exporting has widely become an attainable strategy for firms entering into global markets, with the production of services and goods being done in their own country to be followed by the selling of them abroad. Companies can explore this device either directly or through third-party intermediaries such as agents and distributors.
Foreign Direct Investment (FDI): To acquire a physical presence in a foreign market, companies often settle upon the investing route - Foreign Direct Investment (FDI). Through this approach, enterprises are able to exercise increased control within their operations, adjust products/services to attend local demand, and reap economies of scale and scope.
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Do you shop with cash, credit cards or debit cards?
List 5 countries that are a cashless society which some people use this method of payment for small items, such as a pack of chewing gum.
Answer:
Finland, Sweden, China, South Korea and United Kingdom are the five countries.
Vocational schools usually cost more than four-year colleges or universities.
A.
True
B.
False
I wedded in December 2010 and moved in with my husband who got an apartment somewhere in Suleja. I worked in a firm in Abuja and he (my husband) worked in Kaduna so he was not always around. By January 2011, I found out that I was already pregnant with my son. It was a joyful moment especially when I broke the news to my husband that he would soon be a father. All through the pregnancy, I could count how many times my husband came home. Most of the time he would come home, he would only spend the weekend and leave by either Sunday evening or Monday morning. I practically carried the pregnancy alone. I worked in a call Centre where we worked based on schedule; either a Morning shift or an Afternoon shift. I earned $3,000 per year. My cost of transportation was $500, feeding was $800, rent was $500, and utilities took $200. This would leave me with a savings of $1,000 that I could use to do any other activity that would satisfy me. All of a sudden, the city became unsafe to reside in. I love my job so I would pay $200 to do it. There was practically killing that would happen at some point. Needless to mention that whenever I was on morning duty, I would leave my house by 5 am just to beat the traffic. In all, I was unsettled. When I was a few months before my due date, my mother suggested that I come over to Enugu to deliver my son. I took a maternity leave and left for Enugu. I gave birth to my cute son who would soon be 12 years old. After I delivered my son, my husband got a job in Enugu and we were left to decide whether to resign from my job and relocate to Enugu. Mind you, it would cost us about $500 to move our properties to Enugu, rent an apartment which would cost about $600 then stay jobless for a while. However, I would have peace of mind because Enugu is more peaceful and I would have the opportunity to stay together with my husband. Therefore, I would pay $5,000 to have the latter. I was left with the decision of either going back to Abuja and continuing with my job with the unsettled nature of the city or staying back in Enugu and losing my job.
Calculate the following: Opportunity Cost – With each alternative you outline in your introduction, discuss the opportunity costs which come along with making those decisions. For instance, if you have alternatives A and B, discuss the opportunity costs of selecting A over B, and then discuss the opportunity costs of selecting B over A. Remember to always assign a dollar value to the level of enjoyment or other non-monetary elements of your decision-making.
Cost-Benefit Analysis – Prepare a cost-benefit analysis clearing showing in real dollars the results of this analysis for each alternative.
Opportunity cost: The opportunity cost of staying in Enugu is losing her job and the opportunity cost of going back to Abuja is the risk to her safety and the need to be apart from her husband.
Cost-Benefit Analysis:
Staying in Enugu:
Costs: Moving expenses ($500), rent ($600/month), loss of income ($3,000/year)Benefits: Living with husband (value: $5,000), peace of mind (value: $2,000)Going back to Abuja:
Costs: Safety risk, separation from husband, cost of transportation ($500/month)Benefits: Income ($3,000/year)Based on the cost-benefit analysis, staying in Enugu would be more beneficial as the benefits outweigh the costs. The total costs of staying in Enugu are $9,100 (moving expenses + rent + loss of income), while the total benefits are $7,000 (value of living with husband + peace of mind).
The net benefit of staying in Enugu is $1,900. On the other hand, the total costs of going back to Abuja are $6,000 (cost of transportation), while the total benefits are $3,000 (income). The net benefit of going back to Abuja is $-3,000, indicating that this option is not financially feasible.
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What is revising?
please help ur gurl out
Revising is the process of reviewing and changing a piece of writing to improve its overall clarity, coherence, and effectiveness. This can include making changes to the structure, organization, tone, word choice, and grammar of a piece of writing. The goal of revising is to ensure that the message of the writing is clear, concise, and effective in communicating the intended meaning to the reader.
Which of these would a human resources worker try to eliminate?
A. discrimination
B. compensation
C. labor relations
D. cohesion
Answer:
A. discrimination
Hope this helps :)
Pls brainliest...
1. 1 Was Jason right in wanting to start up his own company?
1.2 Did Craig make a good decision in giving up a potential $150,000 salary as aproject manager to work with Jason?
1.3 How does a project manager convince executives that they (the executives) are making bad business decisions? (Instruction: How many clients did they have? Who were their competitors and what was the financial strength of their competition?)
1.4 Is it true that some project managers put their careers at stake each time they take on a new project? If you were in Jason’s position, would you have sold the company?
1.5 If you were in Jason’s position, make a plan for your project to ask for a renewed contract from the Government.
Whether Jason was right in wanting to start his own company depends on various factors, such as his business acumen, market research, financial resources, and risk tolerance.
What is Risk Tolerance?
Risk tolerance refers to an individual's or organization's willingness and ability to accept and manage risk in pursuit of their goals or objectives. It is the degree of uncertainty or potential loss that an individual or organization is willing to accept in pursuit of potential gains. Risk tolerance can vary depending on various factors, such as an individual's or organization's financial situation, goals, time horizon, investment or business objectives, and personal or organizational risk appetite.
Whether Craig made a good decision in giving up a potential $150,000 salary as a project manager to work with Jason also depends on several factors, such as his motivation, confidence in the venture's success, and his personal career goals.
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Define crime and what it means to conform in a sociological context.
Answer:
In sociology, a normative definition views crime as deviant behavior that violates prevailing norms, or cultural standards prescribing how humans ought to behave normally
Explanation:
Crime can be defined as an act or behavior that violates the law and is punishable by the state. This can range from minor offenses like traffic violations to serious crimes like murder and theft.
In a sociological context, conformity refers to the act of adhering to the norms, values, and expectations of a particular group or society. Conformity is seen as a way of maintaining social order and stability, as individuals who conform to the norms of their society are seen as contributing to the functioning of the social system.
However, conformity can also have negative consequences, as it can lead to the reinforcement of social inequalities and the perpetuation of discriminatory attitudes and behaviors. Additionally, individuals who do not conform to the norms of their society may be labeled as deviant and may face social sanctions or criminal punishment.
Therefore, while conformity can contribute to social order and stability, it is important to recognize the potential negative consequences of conformity and to work towards creating a society that values diversity and individuality while maintaining social cohesion.
Brainliest?
Principle of management on mindtap
What concept, term, principle, illustration has struck you as the most interesting at this part of the course?
You must start a thread before you can read and reply to other threads
Explanation:
Information on a few concepts in management that are often considered interesting by students:
1. Maslow's Hierarchy of Needs: This theory proposes that human needs are organized in a hierarchical order, with physiological needs at the base and self-actualization needs at the top. Managers can use this theory to understand employee motivation and design strategies to meet their needs.
2. SWOT Analysis: This is a framework for analyzing the strengths, weaknesses, opportunities, and threats of an organization. It can help managers identify areas of improvement and develop strategies to capitalize on opportunities and mitigate threats.
3. Contingency Theory: This theory suggests that there is no one best way to manage organizations or lead people. Instead, the best approach depends on the situation or context. Managers can use this theory to adapt their leadership style to different situations and employees.
4. Scientific Management: This approach emphasizes the use of scientific methods to improve efficiency and productivity in organizations. Managers can use this approach to analyze work processes, identify inefficiencies, and design more efficient work methods.
5. Bounded Rationality: This concept suggests that decision-making is limited by the cognitive abilities of decision-makers and the complexity of the situation. Managers can use this concept to understand why some decisions may be suboptimal and develop strategies to improve decision-making processes.
what are advantages of implementing ERP system?
The advantage of erp systems includes: Improved Efficiency, Enhanced Data Visibility, Increased Collaboration
What are the advantages of erp systems?1. Increased Efficiency: By combining all operations and divisions into a single system, an ERP system helps to expedite corporate processes.
2. Improved Data Visibility: An ERP system allows firms to monitor their operations and make data-driven choices by providing real-time access to corporate data.
3. Improved Collaboration: With an ERP system, all employees have access to the same data, which reduces communication barriers between departments.
4. Improved Customer Service: An ERP system enables organizations to give better customer service by allowing them to rapidly and accurately access consumer data.
5. Cost Savings: An ERP system can assist organizations in lowering their expenditures.
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Describe how to manage human resourse capital
Managing human resource capital involves effectively recruiting, developing, and retaining talent to ensure that an organization has the human capital it needs to achieve its goals.
Here are some steps to manage human resource capital effectively:
Monitor and measure performance: To manage human resource capital effectively, the organization should monitor and measure employee performance to ensure that employees are meeting their job requirements and contributing to the organization's goals. This can involve setting clear performance goals, conducting performance evaluations, and providing regular feedback and coaching.
Plan for succession: Finally, the organization should plan for succession by identifying potential successors for key roles and developing them to ensure a smooth transition in case of turnover or retirement.
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Discuss the mojar tyoes of operations performed by warehouse with vivid example
Answer:
Warehouses perform several operations such as receiving products from suppliers, storing them in an organized manner, picking products to fulfill customer orders, and packing products for shipment. For example, a warehouse may receive products from a supplier, store them on shelves or in bins, pick products from storage to fulfill customer orders and pack them into boxes for shipping.
.
Taxpayers who use Married Filing Jointly may claim a dependency exemption for all of the following, EXCEPT:
Answer:
spouse
Explanation:
spouse isn't considered a dependent because income is combined for purposes of agi
Saddleback company paid off 33000 of it's accounts payable in cash. What would be the effects of this transactions on the accounting equation
On the payment of 33,000 of Saddleback's accounts payable the accounting equation will have the following impact,
Liability will decrease by 33,000
Assets will decrease by 33,000
Assets = Capital + Liabilities
Both sides will decrease by the same amount that is 33,000
What is an Asset?An asset is the investment of a company this may be in the form of cash, a machine or an investment. An asset is recognized when it is probable that benefits will flow to the company by its use.
The accounting equation is supposed to be balanced and therefore the effect is impacted on the both sides of the equation.
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Sellers allow customers to use credit cards for all of the following reasons: (You may select more than one answer. Single click the
box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to
empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
?
The reasons for credit card use are given below:
To increase sales and revenueTo provide convenience to customersTo compete with other sellers who accept credit cardsTo reduce the risk of handling cashTo earn rewards or cash back from credit card companiesWhat are the benefits?To increase sales and revenue: By accepting credit cards, sellers can increase their potential customer base as many customers prefer to use credit cards for their purchases. Additionally, credit card users may be more likely to make larger purchases, which can help increase a seller's revenue.
To provide convenience to customers: Accepting credit cards allows customers to make purchases quickly and easily without having to carry cash. It also provides them with the flexibility to pay off their purchases over time.
To compete with other sellers who accept credit cards: If other sellers in the same industry or market accept credit cards, a seller may feel pressured to do the same in order to remain competitive and not lose potential customers.
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Veronica gets an internship at a large company. Her first task is to hand out sample-size packages of a new cookie the company is making and encourage people to visit the company website. What type of work is Veronica doing?
A.
tourism
B.
marketing
C.
human services
D.
hospitality
Answer:
Explanation:
b, shes marketing the company by giving out cookies.
in 200 words write about in direct reference to the Machan article "Environmentalism Humanized" (under readings on Canvas) and the film The Yes Men Fix the Planet, please discuss the following: in your opinion is the approach that the Yes Men take in any one of their farcical ploys a way of creating value in the sense that Machan discusses? Please pick one "prank" depicted in the film and discuss how it either creates value or does not. Remember to explain key terms (hint: you will want to describe exactly what Machan means by value creation and how it works). Also, please remember to refer to the guidelines in the syllabus for reflection specifics outside this prompt.
In his article "Environmentalism Humanized," Tibor Machan argues that environmentalism should shift its focus from nature-centric to human-centric values. According to Machan, the most effective way to promote environmental values is to demonstrate how they benefit human well-being. He believes that the market system, with its emphasis on innovation and efficiency, can best serve the goals of environmentalism. Machan contends that by creating value for humans, environmental protection can become a sustainable and profitable enterprise.
The film "The Yes Men Fix the Planet" shows two activists, Andy Bichlbaum and Mike Bonanno, who use satire and pranks to draw attention to environmental issues. One of their pranks involves a fake press conference in which they announce that Dow Chemical will compensate the victims of the Bhopal disaster, which resulted in the deaths of thousands of people in India due to a gas leak. The Yes Men's goal was to shame Dow Chemical into taking responsibility for the disaster.
In my opinion, The Yes Men's approach can create value in the sense that Machan discusses. The Dow Chemical prank highlights the company's failure to address the needs of those affected by its operations. The prank generates public attention and criticism that could pressure Dow Chemical to take more responsibility for its actions. By drawing attention to the issue, the prank could lead to positive changes in the company's behavior.
Furthermore, the prank highlights the inadequacies of government regulations in protecting the public from corporate harm. This could lead to a public demand for stronger regulations that could prevent similar disasters in the future. The prank can also create a sense of solidarity among those who share the activists' concerns, leading to greater public support for environmental protection.
In conclusion, The Yes Men's approach, while unconventional, can create value in the sense that Machan discusses. The Dow Chemical prank draws attention to environmental issues and can generate public pressure for positive change. The prank highlights the need for stronger regulations and can build public support for environmental protection.
*IG:whis.sama_ent*
How do organizational skills assist in productivity in the workforce?
A US based MNC is considering establishing a three-year project in Canada with a US$60 million initial investment. The required rate of return on this project is 15%. The firm is projected to generate operating cash flows of C$20 million in Years 1 and 2, and C$50 million in Year 3, and is expected to have a salvage value of C$30million.
The MNC must pay a 25% tax on remitted funds, and the stable exchange rate is C$1.02 per US$ over the next two years and a rate of C$1.025 per US$ in year 3.
All cash flows are remitted to the parent and there is no tax on salvage.
Required:
i) Calculate the after-tax operating cash flows that will be remitted to the parent
company each year.
ii) Calculate the Net Present Value of the project.
iii) Explain whether or not the MNC should accept the project?
iv) Flagstaff Corp. is a U.S.-based firm with a subsidiary in Mexico. It plans to reinvest its earnings in Mexican government securities for the next 10 years since the interest rate earned on these securities is so high. Then, after 10 years, it will remit all accu- mulated earnings to the United States. What is a drawback of using this ap- proach? (Assume the securities have no default or interest rate risk.).