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- The answer is B. Please explain how to get this number. Austin Corporation, a U.S. corporation, received the following investment income during the current year: $50,000 of dividend income from the ownership of stock in a French corporation, $20,000 interest on a loan to its Dutch subsidiary, $40,000 royalty from its 50 percent owned Irish venture, and $30,000 capital gain from the sale of its stock in a Brazilian corporation. How much of Austin's income is treated as a foreign source? A) $140,000B) $110,000C) $70,000D) $60,000On January 14 2016, Nokia and Alcatel-Lucent celebrated their first day of combined operations. A couple of years earlier, Nokia and Microsoft formed a partnership, which did not work well. Why did Nokia and Alcatel-Lucent merge? Is their merger likely to be successful? What was the impact on the stock price?Hero Honda joint venture formed in 1984 is a classic case of strategic alliance involving the Indian company Hero Group and Japanese automobile major Honda Motorcycle. The alliance has been terminated with the entire 26% stake of Honda Motorcycle in the venture bought by the Hero Group. Selling out of the venture gives the Japanese company the freedom to go it alone in the world's second largest market for two-wheelers. (a) Is joint venture the only way to enter into a strategic alliance? Alliances are not new, but in the competitive landscape, distinguishing features are emerging. Identify these features. (b) What are the key success factors for managing an alliance? In the light of these key success factors, identify the reasons for the termination of this successful joint venture.
- Walkure A.G., a multinational corporation from Country A, announced the relocation of its manufacturing plants from Country B to Country C. The news about the relocation was never reported in the media. The move is expected to create positive synergies, as most of the company's other manufacturing operations are based in Country C. The relocation is also expected to lead to tax benefits. The company's shares are traded in three stock exchanges in Country A, Country B, and Country C. Share prices in the three stock exchanges responded to the relocation in three different ways: Country A: The share price increased drastically after the announcement. Country B: The share price decreased drastically after the announcement. Country C: The share price increased marginally after the announcement. Based solely on the information given, which of the following statements is least likely true of the stock exchanges? The exchange in Country A is most efficient, as the market reacted…Durant Limited is a construction company based in Malawi and has presence in almost seven countries in sub-Saharan Africa . Because of the aggressive government construction programs in the region, the company has seen an increase in its orders and has reached a point where a significant amount of finance is needed to source future growth. The board recently decided to list the business on the Johannesburg Stock Exchange and is currently examining the full implications of this decision on its operations. The Board Chairperson has argued that a stock exchange listing may alter the way in which the business views their dividend policy. However, the CEO has insisted that the dividend policy is unimportant as the pattern of dividend has no effect on shareholder wealth. Key data on the dividend policy adopted is as follows: Financial year end Profit after tax (K'000) Ordinary dividends (K'000) Ordinary shares in issue (K'000) 2013 1,140 480 1,500 2012 990 550 2,200 2011 1,232 1,056…Pulaski Inc. wants to establish a new subsidiary in Colombia that will sell cell phones to Colombian customers and remit earnings back to the U.S. parent. The value of this project will be favorably affected if the value of the peso ____ while it establishes the new subsidiary and ____ when the subsidiary starts operations. appreciates; appreciates depreciates; appreciates appreciates; depreciates depreciates; depreciates
- 56. Jensen Co. wants to establish a new subsidiary in Mexico that will sell computers to Mexican customers and remit earnings back to the U.S. parent. The value of this project will be favorably affected if the value of the peso ____ while it establishes the new subsidiary and ____ when the subsidiary starts operations. A. depreciates; appreciates B. appreciates; appreciates C. appreciates; depreciates D. depreciates; depreciatesExplain how will the following transactions affect Bangladeshi NCO? Does this transaction affect direct investment or portfolio investment? Explain. Pran Foods Ltd. buys stock in Amul India Private Ltd. Walton buys parts from a Japanese manufacturer to use in the production of its refrigerators. An US firm expands its outlets in Dhaka. A Korean mutual fund buys shares of stock in Beximco.Flywell Ltd is the owner of an Australian domestic airline. The Australian travel market is very competitive. The management of Flywell Ltd is concerned about the plans of a rival airline company intending to expand its Australian domestic operations. The board of directors of Flywell Ltd decides to revamp its fleet of aircraft and purchase extra planes, but the company does not have the capital. Flywell Ltd wishes to induce each investor to invest $10,000 with the company in exchange for shares in the company. The company aims to raise between $9 million and $11 million in new funds. The company has approached you for advice.Required:Advise Flywell Ltd of its fundraising obligations under the Corporations Act, paying particular attention to the specified facts.