Analyzing foreign financial statements is important process

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1. Taxes are a significant part of doing business.

a. List and describe 2 tax factors that must be considered when establishing a foreign company.

b. Describe the ways that the U.S. tax foreign earned income of

i. an individual (expatriate) and

ii. a corporation or subsidiary.

c. What is a tax haven? List and describe 2 advantages of operating in a tax haven country?

2. Analyzing foreign financial statements is an important process.

a. List and describe 4 reasons to analyze financial statements of foreign companies.

b. List and describe 4 ratios that can be used to analyze an MNC.

c. List and describe 4 problems or challenges associated with the analysis of foreign financial statements.

Reference no: EM131289787

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