How can a local currency operating budget and actual results be translated into parent currency without holding the foreign manager responsible for foreign exchange risk? multiple choice translating the budget and actual results using the same exchange rate will exclude an exchange rate component from the budget total variance. using the historical exchange rate for the budget and current exchange rate for the budget will exclude an exchange rate component from the budget total variance. using the current exchange rate for the budget and historical exchange rate for the budget will exclude an exchange rate component from the budget total variance. it’s never appropriate to hold the foreign manager responsible for foreign exchange risk.

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400

Double corporation acquired all of the common stock of simple company for

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.