Answer:
(D) $ 2,880,000 $ 2,976,000
Explanation:
Consoidated net income
Seattle Inc $2,000,000
Portugese sub $880,000
(1.1*80%)
Consoidated net income $2,880,000
Comprehensive income
Net income $2,880,000
Other comphrensive income/(loss)
Foreign currency translation adjustment $96,000
(120000*80%)
combined comprehensive income $2,976,000
Therefore, The Consolidated net income and consolidated comprehensive income for the year are $2,880,000 amd $2,976,000.
Answer:
Payoff = $8.5
Profit = $4.5
Explanation:
<u>from the question</u>
Stock price = $38.5
strike price = $30
premium per share (price paid for the option) = $4
Call payoff per share on a long position, which is calculated as every $1 above the strike price
= MAX (Stock price - strike price, 0)
= (38.5 - 30)
= $8.5
Call profit on a long position
= Payoff - Initial investment
= (MAX (Stock price - strike price, 0) - premium per share)
= (38.5 - 30) - 4
= 8.5 - 4
= $4.5
Answer: The local HR unit’s responsibilities for planning, training, and compensation broaden
Explanation:
A foreign subsidiary company is a partially or wholly owned company which is part of a larger corporation with its headquarters in another country. Such companies are incorporated under the country's law it is located.
When a foreign subsidiary grows and matures, the responsibilities of the local human resource unit for planning, compensation and training will broaden.
Answer:
Since GDP measures the market values of goods and services, economic activities that do not pass through the regular market channels are excluded in the computation of GDP. GDP doesn't include activities that go on in black market channels.
Explanation:
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