Heineken has used FDI extensively as part of its internationalization strategy because of the cost of transporting its products

Millie is an expatriate. She is originally from San Diego and now works in Indonesia where health care, schools, and retail stores are not as prominent or efficient as those she had in San Diego. To compensate for this, her company will provide her with a(n) ________ allowance.

a) housing b) cost-of-living c) education d) hardship

Valesano Company is considering a project with the following information:

Project 1 Cost $4,000 Annual cash operating savings(end of year) $2,000 Terminal salvage $0 Useful life in years 3 Required rate of return 10% Present value of one for 3 periods at 10% 0.7513 Present value of ordinary annuity of one for 3 periods at 10% 2.4869 Ignoring taxes, what is the lowest level of annual cash operating savings that will result in a positive net present value? A) $1,550 B) $1,600 C) $1,608 D) $2,000