Lecture 1: The advantages of forming a corporation are: * Reduction of personal liability. A sole proprietor has unlimited liability * Taxes. Forming a corporation may mean that more expenses can be considered business expenses and be deducted from the company’s income. * Improved credibility. The business may have increased credibility in the business world compared to a sole proprietorship. * Ability to attract investment. Corporations can raise capital through the sale of equity
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Writing Assignment Handout Econ 4432W International Finance University of Minnesota Spring Semester – 2012 Objective The main objective of writing a term paper is giving you the opportunity to: 1. Apply the analytical skills and intuition obtained in the class to examine an issue in which you have special interest. 2. Induce critical thinking on your part‚ which involves integrating what you are learning and real world economic issues. 3. Learn how to write a formal paper
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Principles of Marketing‚ 14e (Kotler) Chapter 13 Retailing and Wholesaling 1) ________ includes all the activities involved in selling products or services directly to final consumers for their personal‚ nonbusiness use. A) Franchising B) Retailing C) Brokering D) Wholesaling E) Disintermediation Answer: B Diff: 1 Page Ref: 374 Skill: Concept Objective: 13-1 2) In recent years‚ ________ has been growing fast. This includes selling to final consumers through direct mail‚ catalogs‚ telephone
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________________________________________________ Date: _____________ WHAP – Chapter 13 Big Picture & Margin Review Big Picture: 1. Assume for the moment that the Chinese had not ended their maritime voyages in 1433. How might the subsequent development of world history have been different? Is there value in asking this kind of “what if” or counterfactual question? Or is it an irrelevant waste of time? 2. How does this chapter distinguish among the various kinds of societies that comprised the world
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Class Assignment Chapter 16 –Output and the Exchange Rate in the Short-run Question 4: Suppose there is a permanent fall in private aggregate demand for a country’s output (a downward shift of the entire aggregate demand schedule). What is the effect on output? What government policy response would you recommend? AA2 AA1 A permanent fall in private aggregate demand (downward shift of the aggregate demand schedule) DD curve shifts to the left from DD1 to DD2 Given a permanent fall
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project‚ when converted to the parent company’s currency‚ will be worth less than was originally projected because of exchange rate changes. ___F_ 10. Because political risk is seldom negotiable‚ it cannot be explicitly addressed in multinational corporate financial analysis. Comment: Political risk refers to potential actions by a host government that would reduce the value of a company’s investment. It includes at one extreme the expropriation without compensation of the subsidiary’s assets‚ but
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3209AFE INTERNATIONAL FINANCE Tutorial 4 Questions Chapter 10 2. Assessing Transaction Exposure. (Page 331) Your employer‚ a large MNC‚ has asked you to assess its transaction exposure. Its projected cash flows are as follows for the next year: | | | |Current Exchange Rate in U.S. | |Currency |Total Inflow |Total Outflow |Dollars |
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definition of “short-lived projects” is “projects with short period of cash flow”‚ since the concept of payoff period doesn’t consider the cash flow after the payoff‚ the single cutoff period doesn’t block the long-lived projects (the projects generating long period of cash flow). #4 You have the chance to participate in a project that produces the following cash flows:The internal rate of return is 13%. If the opportunity cost of capital is 10%‚ would you accept the offer? Since the internal
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Corporate Finance (MBA) FIN 502 School of Business SB328 amuslumov@ada.edu.az ADA University School of Business Syllabus for Corporate Finance (FIN 502) MBA Program Mission ADA’s School of Business mission is to prepare global and socially responsible graduates through excellence
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3209AFE INTERNATIONAL FINANCE Tutorial 5 Answers Chapter 10 10. Translation Exposure. Consider a period in which the U.S. dollar weakens against the euro. How will this affect the reported earnings of a U.S.-based MNC with European subsidiaries? Consider a period in which the U.S. dollar strengthens against most foreign currencies. How will this affect the reported earnings of a U.S.-based MNC with subsidiaries all over the world? ANSWER: The consolidated earnings will be increased
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