Tailor johnson, a u. s. maker of fine menswear, has a subsidiary in ethiopia. this year, the subsidiary reported and repatriated earnings before interest and taxes (ebit) of 250 million ethiopian birrs. the current exchange rate is 7.6288 birrs/dollar or upper s equals $ 0.1311 divided by birr. the ethiopian tax rate on this activity is 24 %. u. s. tax law requires tailor johnson to pay taxes on the ethiopian earnings at the same rate as on profits earned in the united states, which is currently 37 %. however, the united states gives a full tax credit for foreign taxes paid up to the amount of the u. s. tax liability. what is tailor johnson's u. s. tax liability on its ethiopian subsidiary?

Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?