FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

45. Goodman Co., a U. S. corporation, manufactures paper clips in the Philippines. During 2023, a political revolution occurs and the new Philippine government nationalizes

45. Goodman Co., a U. S. corporation, manufactures paper clips in the Philippines. During 2023, a political revolution occurs and the new Philippine government nationalizes all industries owned by foreign owners (the Act of State Doctrine). The Philippine government pays Goodman 40% of the value of the assets it seized. The amount of the payment for the seizure of Goodman's assets is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cryptocurrency QuickStart Guide

Cryptocurrency QuickStart Guide

Authors: Jonathan Reichental

1st Edition

1636100406, 978-1636100401

More Books

Students also viewed these Finance questions

Question

★★★★★
After securing lease commitments from several major stores, Lobo Shopping Center, Inc. was organized and built a shopping center in a growing suburb. The shopping center would have opened on schedule...

Answered: 1 week ago

Question

★★★★★
Assume analysts provide the following types of information. Assume (standard definition) short sales are allowed. What is the optimum portfolio if the lending and borrowing rate is 5%? Covariance...

Answered: 1 week ago

Question

★★★★★
Margin call will be initiated by the a. Broker b. Seller c. Stock exchange d. None of the above

Answered: 1 week ago

Question

★★★★★
Your supervisor asks you to analyze the potential purchase of Drew Company by your firm, Pierson, Inc. You are provided the following information (in millions): Required: a. Prepare a pro forma...

Answered: 1 week ago

Question

★★★★★
Cost centers, profit centers, decentralization, transfer prices. Fenster Corporation manufactures windows with wood and metal frames. Fenster has three departments: glass, wood, and metal. The glass...

Answered: 1 week ago

Question

★★★★★
PROBLEM 5 - 6 points Net Present Value method ACME is considering a 3 year project with the following estimated cash flows. ACME's required rate of return is 10% Year Cash flows 0 ($300,000) 1...

Answered: 1 week ago

Question

★★★★★
What are the different techniques used in decision making?

Answered: 1 week ago

Question

★★★★★
Which of the following is true about an inert electrode? [A] It does not participate in the chemical reaction [B] It acts as a source or sink for electrons [C] Both a and b [D] None of the above

Answered: 1 week ago

Question

★★★★★
What do we call the ratio of a number of fission produced by a given generation of neutrons to the number of fission of the preceding generation? [A] Critical factor [B] Energy factor [C]...

Answered: 1 week ago

Question

★★★★★
Glycol is added to aviation gasoline because it: [A] reduces evaporation of petrol [B] increases efficiency of petrol [C] prevents freezing of petrol [D] reduces consumption of petrol

Answered: 1 week ago

Question

★★★★★
When ice cubes are made, the entropy of water: [A] does not change [B] decreases [C] increases [D] may either increase or decrease depending on the process used

Answered: 1 week ago

Question

★★★★★
C Construct a conversation that allows for relationship repair (based on the decision that you make regarding your independence). What might that conversation be like? What communication skills could...

Answered: 1 week ago

Question

★★★★★
Have you ever been able to restore a relationship that you thought was irreparably damaged? Have you ever ended a relationship but secretly believed that you would repair it at some point in the...

Answered: 1 week ago

Question

★★★★★
Do you post any personal information on social networking sites? What kind of information are you willing to reveal? What kind of information do you consider too private to share in mediated contexts?

Answered: 1 week ago

Previous Question Next Question