được thực hiện trên các khoản vay Thái Lan trước khi thu nhập có thể được nộp vào Hoa Kỳ. Do đó, một số lượng nhỏ hơn thu nhập phải nộp. 6. Nhu cầu về các sản phẩm ở nước ngoài có thể rất không chắc chắn, khiến tổng doanh thu là không chắc chắn. Tỷ giá hối đoái có thể là rất không chắc chắn, tạo ra sự không chắc chắn về tiền mặt đô la chảy nhận của phụ huynh Mỹ. Giá trị cứu hộ có thể là rất không chắc chắn, điều này sẽ có tác động. | Appendix A Answers to Self-Test Questions 643 be made on the Thai loans before earnings could be remitted to the United States. Thus a smaller amount in earnings would be remitted. 6. The demand for the product in the foreign country may be very uncertain causing the total revenue to be uncertain. The exchange rates can be very uncertain creating uncertainty about the dollar cash flows received by the . parent. The salvage value may be very uncertain this will have a larger effect if the lifetime of the project is short for projects with a very long life the discounted value of the salvage value is small anyway . Chapter 15 1. Acquisitions have increased in Europe to capitalize on the inception of the euro which created a single European currency for many European countries. This has not only eliminated the exchange rate risk on transactions between the participating European countries but it has also made it easier to compare valuations among European countries to determine where targets are undervalued. 2. Common restrictions include government regulations such as antitrust restrictions environmental restrictions and red tape. 3. The establishment of a new subsidiary allows an MNC to create the subsidiary it desires without assuming existing facilities or employees. However the process of building a new subsidiary and hiring employees will normally take longer than the process of acquiring an existing foreign firm. 4. The divestiture is now more feasible because the dollar cash flows to be received by the . parent are reduced as a result of the revised projections of the krona s value. Chapter 16 1. First consumers on the islands could develop a philosophy of purchasing homemade goods. Second they could discontinue their purchases of exports by Key West Co. as a form of protest against specific . government actions. Third the host governments could impose severe restrictions on the subsidiary shops owned by Key West Co. including the blockage of funds to
