Please read clearly and answer with explanation Thanks!

B ) Show how each of the following would affect the U.S. balance of payments. Include a description of the debit and credit items, and in each case identify which specific account is affected (e.g., imports of goods and services, IM; exports of assets, EX_A; and so on).

a). The U.S. central bank purchases $500 million worth of U.S. Treasury bonds from a British financial firm and sells pound sterling foreign reserves.

??A? U.S.-based MNC has a foreign subsidiary that earns $ 252000 before local? taxes, with all the? after-tax funds to be available to the parent in the form of dividends. The applicable taxes consist of a 33 % foreign income tax? rate, a foreign dividend withholding tax rate of 9.6 %?, and a U.S. tax rate of 30 %. Calculate the net funds available to the parent MNC? if:

a.??Foreign taxes can be applied as a credit against the? MNC's U.S. tax liability.

b.??No tax credits are allowed.

You are analyzing a project with an initial cost of £48,000. The project is expected to return £11,000 the first year, £36,000 the second year and £38,000 the third and final year. There is no salvage value. The current spot rate is £0.6211. The nominal return relevant to the project is 12 percent in the U.S. The nominal risk-free rate in the U.S. is 4 percent while it is 5 percent in the U.K. Assume that uncovered interest rate parity exists. What is the net present value of this project in U.S. dollars?

U.S. GAAP and International Financial Reporting Standards have largely similar guidance for accounting for business combinations. Under IFRS, the guidance is established in IFRS 3R, Business Combinations. One topic on which U.S. and IFRS differ is with respect to reporting noncontrolling interest for noncontrolling interest in consolidated financial statements.

Required

Briefly, i.e. no more than 3 paragraphs, explain the difference between IFRS and U.S. GAAP regarding valuation of noncontrolling interest in a consolidated financial statement.

For the following questions identy Which curve would be affected? is there a Movement Or Shift and is it left or right? PLEASE EXPLAIN WHY THE ANSWERS ARE CORRECT, I have the correct answers listed just need to know why

1. Hourly wages & salaries rose by 1.9% and the non-wage component by 1.4% in the year up to the second quarter of 2012, ? In 2012, the economy’s _________.? Answer: SRAS decreases

2. …a weak reading of German investor sentiment - on concerns about a slowing in U.S. economic momentum and uncertainty around the emerging markets outlook….” ? ______ in Germany _____.? Answer: AD, decreases

3. Thanks to a surge in demand from China, there is an increase in car manufacturing in last quarter in U.S.”? _________ in U.S. _____.

Answer: AD, increases.

4. In U.K., an underlying measure of inflation, which strips out increases in energy, food, alcohol and tobacco, rose by 1.6 percent and factory gate prices rose by 0.9 percent”?

________ in U.K _____.?

Answer: ?AD or SRAS in U.K does not change (movement).?

5. In U.S., Sales of new cars surged 11.4% on quarter, leading to a 17.0% jump in consumption of durable goods due to boost in consumer sentiment.” ?

_________ in U.S. _____.

Answer: AD in U.S. increases.

PLEASER EXPLAIN WHY THE ANSWERS ARE CORRECT, I DO NOT UNDERSTAND THE CONCEPT

If interest rates rose more in the U.S. than in Canada, then other things the same, U.S. citizens would buy more Canadian bonds and Canadian citizens would buy less U.S. bonds.

Select one:

True

False

Suppose the government went from a budget deficit to a budget surplus. According to the open-economy macroeconomic model, this should have decreased both the supply of loanable funds and the supply of dollars in the market for foreign-currency exchange.

Select one:

True

False

Question text

The demand for loanable funds slopes downward because a decrease in the interest rate provides an incentive for people to borrow more and the supply of loanable funds slopes upward because an increase in the interest rate provides an incentive for people to save more.

Select one:

True

False

When a country suffers from capital flight, the exchange rate depreciates because supply in the market for foreign-currency exchange shifts right.

Select one:

True

False

Question text

Suppose the amount of national saving at each interest rate remains the same. If U.S. firms decide to invest more domestically at each interest rate, then the real interest rate in the U.S. rises and U.S. net capital outflow increases.

Select one:

True

False

Directions: Determine whether each sentence is a run-on, is a comma splice, or is punctuated correctly.

Directions: Determine whether each sentence is a run-on, is a comma splice, or is punctuated correctly.

Presented below are two independent situations related to future taxable and deductible amounts resulting from temporary differences existing at December 31, 2020. 1. Larkspur Co. has developed the following schedule of future taxable and deductible amounts. 2021 2022 2023 2024 2025 Taxable amounts $400 $400 $400 $400 $400 Deductible amount — — — (2,200 ) 2. Cullumber Co. has the following schedule of future taxable and deductible amounts. 2021 2022 2023 2024 Taxable amounts $400 $400 $400 $400 Deductible amount — — (2,300 ) — Both Larkspur Co. and Cullumber Co. have taxable income of $3,900 in 2020 and expect to have taxable income in all future years. The tax rates enacted as of the beginning of 2020 are 30% for 2020–2023 and 35% for years thereafter. All of the underlying temporary differences relate to noncurrent assets and liabilities. 1. Compute the net amount of deferred income taxes to be reported at the end of 2020, and indicate how it should be classified on the balance sheet for situation one.

2. Compute the net amount of deferred income taxes to be reported at the end of 2020, and indicate how it should be classified on the balance sheet for situation two.

Megatronics Corporation, a massive retailer of electronic products, is organized in four separate divi-sions. The four divisional managers are evaluated at year-end, and bonuses are awarded based on ROI. Last year, the company as a whole produced a 13 percent return on its investment. During the past week, management of the company’s Northeast Division was approached about the possibility of buying a competitor that had decided to redirect its retail activities. (If the competitor is acquired, it will be acquired at its book value.) The data that follow relate to recent performance of the Northeast Division and the competitor: Northeast Division CompetitorSales ............................................................................................................ $8,400,000 $5,200,000Variable costs ................................................................................................ 70% of sales 65% of salesFixed costs .................................................................................................... $2,150,000 $1,670,000Invested capital ............................................................................................. $1,850,000 $625,000 Management has determined that in order to upgrade the competitor to Megatronics’ standards, an addi-tional $375,000 of invested capital would be needed. ■ Problem 13–38 Improving ROI (LO 3) 2. ROI: 25%■ Problem 13–39 Residual Income (LO 2, 4) ■ Problem 13–40 Increasing ROI over Time; Accelerated Depreciation (LO 2, 4, 5) Year 2, ROI based on net book value: 12.5% ■ Problem 13–41 Increasing Residual Income over Time (LO 2, 4, 5) Year 1, residual income (based on net book value): $5,000 ■ Problem 13–42 ROI and Residual Income; Investment Evaluation (LO 2, 3, 4, 8)3. Income: $150,0005. Current residual income of the Northeast Division: $148,000 hiL10912_ch13_546-589.indd 5807/23/10 9:55 PM Chapter 13 Investment Centers and Transfer Pricing 581 Required: As a group, complete the following requirements. 1 . Compute the current ROI of the Northeast Division and the division’s ROI if the competitor is acquired. 2 . What is the likely reaction of divisional management toward the acquisition? Why? 3 . What is the likely reaction of Megatronics’ corporate management toward the acquisition? Why? 4 . Would the division be better off if it didn’t upgrade the competitor to Megatronics’ standards? Show computations to support your answer. 5 . Assume that Megatronics uses residual income to evaluate performance and desires a 12 percent minimum return on invested capital. Compute the current residual income of the Northeast Divi-sion and the division’s residual income if the competitor is acquired. Will divisional management be likely to change its attitude toward the acquisition? Why?

Back in Boston, Steve has been busy creating and managing his new company, Teton Mountaineering (TM), which is based out of a small town in Wyoming. In the process of doing so, TM has acquired various types of assets. Below is a list of assets acquired during 2016: Exhibit 10-8 (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round intermediate calculations and final answer to the nearest whole dollar amount.)

Asset Cost Date Placed in Service Office furniture $ 10,000 02/03/2016

Machinery 560,000 07/22/2016

Used delivery truck* 15,000 08/17/2016

* Not considered a luxury automobile, thus not subject to the luxury automobile limitations. During 2016, TM had huge success (and had no §179 limitations) and Steve acquired more assets the next year to increase its production capacity.

These are the assets acquired during 2017: Date Placed Asset Cost in

Service Computers & info. system $ 40,000 03/31/2017

Luxury auto† 80,000 05/26/2017

Assembly equipment 475,000 08/15/2017

Storage building 400,000 11/13/2017

†Used 100% for business purposes.

TM generated taxable income in 2017 of $732,500 for purposes of computing the §179 expense.

a. Compute the maximum 2016 depreciation deductions including §179 expense (ignoring bonus depreciation).

b. Compute the maximum 2017 depreciation deductions including §179 expense (ignoring bonus depreciation).

c. Compute the maximum 2017 depreciation deductions including §179 expense, but now assume that Steve would like to take bonus depreciation on the 2017 assets.

d. Ignoring part c, now assume that during 2017, Steve decides to buy a competitor’s assets for a purchase price of $350,000.

Compute the maximum 2017 cost recovery including §179 expense (ignoring bonus depreciation). Steve purchased the following assets for the lump-sum purchase price. Date Placed Asset Cost in Service Inventory $ 20,000 09/15/2017

Office furniture 30,000 09/15/2017

Machinery 50,000 09/15/2017

Patent 98,000 09/15/2017

Goodwill 2,000 09/15/2017

Building 130,000 09/15/2017

Land 20,000 09/15/2017