Chapter $14$ Assignment

$8.$ Noncash Expense $($Depreciation$)$

$9.$ Total Expense

$10.$ Before$-$Tax Earnings of Subsidiary

$(3)-(9)$

$11.$ Host Government Tax @ $20\mathrm{.}00\%$

$12.$ After$-$Tax Earnings of Subsidiary

$(10)-(11)$

$13.$ Net Cash Flow to Subsidiary $(12)+$

$(8)$

$14.$ $$ Remitted by Subsidiary

$15.$ Tax Withholding of Remitted Funds

$($@$)10\mathrm{.}00\%$

$16.S$$ Remitted After$-$Tax Withholdings

$17.$ Salvage Value

$18.$ Exchange Rate of $S$$

$19.$ Cash Flows to Parent $(16)+(17)x(18)$

$20.$ PV of Parent Cash Flows @ $15\mathrm{.}00\%$

$21.$ Initial U$.$S$.$ $ Investment by Parent $$10,000,000$

$\backslash$table$[[$$$$2,000,000\mathrm{.}00,S$$$2,000,000\mathrm{.}00,$$$$2,000,000\mathrm{.}00$