The minimum that a firm has to do to engage in international business is to:
A. export or import products from other countries.
B. invest directly in operations in another country.
C. establish joint ventures or strategic alliances with companies in other countries.
D. export low-wage manufacturing jobs to companies in other countries.
E. develop franchises and subsidiaries in other countries.
A
All a firm has to do to engage in international business is export or import products from other countries.
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What is the NPV of a project that costs $100,000, provides $23,000 in cash flows annually for six years, requires a $5,000 increase in net working capital, and depreciates the asset at 15 percent declining balance over six years and sold at zero salvage value? The discount rate is 14 percent. The tax rate is 40 percent.
A) -$13,283 B) $44,866 C) -$23,460 D) $13,283
Which one of the following statements is correct
a. the APR is equal to the EAR for a loan that charges interest monthly b. the EAR is always greater than the APR c. the APR on a monthly loan is equal to (1+ monthly interest rate)^12 - 1 d. the APR is the best measure of the actual rate you are paying on the loan e. the EAR, rather than the APR, should be used to compare both investment and loan options