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Suppose that Kittle Co. is a U.S. based MNC that is considering:setting up a subsidiary in Singapore. Kittle would like this subsidiary to produce and

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Suppose that Kittle Co. is a U.S. based MNC that is considering:setting up a subsidiary in Singapore. Kittle would like this subsidiary to produce and sell guitars locally in Singapore, and needs assistance with capital budgeting. The duration of this project is four years, with an initial investment of $20,000,000 (\$ingapore dollars). Additionally, Kittie Co. managers provide you with more information needed to estimate the total after-tax Singapore dollars that will be remitted bach to the parent. In particular, four key insights are shared by kittle managers. 1. The goverment in Singapore will tax the earnings of the subsidiary at a rate of 20.00%4. 2. The government in Singapore will tax any remitted earnings at a rate of 10.00%. 3. The government in Singapore will allow the subsidiary to depreciate the subsidiary's plant and equipment by up to 552,000.000.00 per year. 4. The subsidiary will remit all of it's after-tax earnings back to the parent. The following table, in rows (10)(15), shows how these factors influence the capital budgeting analysis. Complete row 16 of the table, filling in the number of Singapore dollars that are remitted back to the parent in cach of the four years Suppose that Kittle Co. is a U.S. based MNC that is considering:setting up a subsidiary in Singapore. Kittle would like this subsidiary to produce and sell guitars locally in Singapore, and needs assistance with capital budgeting. The duration of this project is four years, with an initial investment of $20,000,000 (\$ingapore dollars). Additionally, Kittie Co. managers provide you with more information needed to estimate the total after-tax Singapore dollars that will be remitted bach to the parent. In particular, four key insights are shared by kittle managers. 1. The goverment in Singapore will tax the earnings of the subsidiary at a rate of 20.00%4. 2. The government in Singapore will tax any remitted earnings at a rate of 10.00%. 3. The government in Singapore will allow the subsidiary to depreciate the subsidiary's plant and equipment by up to 552,000.000.00 per year. 4. The subsidiary will remit all of it's after-tax earnings back to the parent. The following table, in rows (10)(15), shows how these factors influence the capital budgeting analysis. Complete row 16 of the table, filling in the number of Singapore dollars that are remitted back to the parent in cach of the four years

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