The manager should analyze the legal and ethical differences of home country compared to the host country and<u> develop a strategy that is beneficial to the company and does not clash with the ethical and legal parameters of the host country.</u> It is important to analyze each area that may affect the company, such as government, employee, supplier, investor and customer protectionism, and to analyze common ethical, legal and cultural standards for stakeholders and then develop policies and standards that do not negatively influence the country.
Hypernormas are very effective in solving these possible conflicts, as they guide the lowest-level norms to the highest-level ones, which are those related to fundamental principles for humanity. Which is effective to guide management in an international market.
Answer:
e. $12,900
Explanation:
Given that:
Net Cash provided by operating activities = $37,500
Net Cash used in investing activities = $13,800
Net Cash used in financing activities = $17,700
Beginning cash balance = $6,900
Stormer company's ending balance would be;
= Beginning cash balance + Net cash provided by operating activities - Net cash used in financing activities - Net cash used in investing activities
= $6,900 + $37,500 - $17,700 - $13,800
= $12,900
Answer:
<em>The answer is $700,000</em>
Explanation:
<em>From the example given, we find the tax basis will each take in their respective BSJ stock</em>
<em>Contributions done partner wise (All values in $)</em>
<em>Partner Contribution Tax Share in Stock % of Tax Base Tax base in stock</em>
<em>Name Base</em>
<em>Brad 450000 100000 45% 17% 120689.7</em>
<em>Scott 100000 350000 45% 60% 422413.8</em>
<em>Jake 150000 130000 10% 22% 156896.6</em>
<em> 700000 580000 100% 700000</em>
<em>Therefore, The Total Assets contributed will be equivalent to stock of BSJ issued = $ 700,000</em>
Answer:
The price of the stock today is $21.58
Explanation:
The dividend is growing by three different growth rates. Thus, the three stage growth model of DDM will be used to calculate the price of the share today. Under DDM approach, we discount the expected dividends by the required rate of return to estimate the fair value of the stock today. The terminal value is calculated when the dividend growth becomes constant forever. To calculate the price of the stock today, we use next period's dividend D1.
The price per share = D1 / (1+r) + D2 / (1+r)^2 + ... + [(Dn * (1+g) / r - g) / (1+r)^n]
Price per share = 2 * (1+0.06) / (1+0.12) + 2 * (1+0.06) * (1+0.04) / (1+0.12)^2 + [(2 * (1+0.06) * (1+0.04) * (1+0.02) / (0.12 - 0.02) / (1+0.12)^2]
Price of stock today = $21.578 rounded off to $21.58
Answer:
(ii) A check from a client made out to a third party and does not forward the check within 3 business days
.
(iv) Stock certificates from a client and does not return them within 3 business days.
Explanation:
As per the NASAA model custody rule, the investment advisor will have the custody of the assets of the client an associated person only if the adviser accidentally receives ' a check has been made by the client to the third party but it is not forwarded within three business days' and when 'the certificates of stocks from the client not returned to them within three business days.' Thus, these indirect documents make the adviser eligible to have custody of client's possessions. Thus, the <u>options ii and iv</u> are the correct answers.
