Exchange rate regime

The dividends are taxed at the shareholders’ tax rates, with a credit allowed to the shareholder for tax already paid by the company on the profits. Income distributed from the company as dividends can be distributed by the trust to beneficiaries, enabling the use of the beneficiaries’ marginal tax rates rather than the trust’s 33c/$ tax rate. Note that the minor beneficiary rule does limit the use of this strategy as a tax planning tool. Sale…

35°C, 40°C), three different Daphnia Magna’s (per group), a dropper, a net, a timer, a microscope tray and a microscope. First, our group gathered our focal temperature water at 40°C and a Daphnia Magna as the equipment was set to collect its heart rate. We then placed the organism outside room temperature water into the 40°C water and allowed it acclimate for an interval of 30 seconds. When the time was met, we used the dropper to place the Daphnia Magna onto microscope tray with the net…

Selection Factors Points Reason English and/or French Skills 16 Subsection 74(2) of the Immigration and Refugee Protection Regulations, states, “the minimum language proficiency thresholds fixed by the Minister shall be established in reference to the benchmarks described in the Canadian Language Benchmarks.” Marco received a CLB of 7 in English as his first official language. If Marco applies under the Federal Skill worker program, he will be awarded a total of 16 points for speaking, listening…

I got hit with a serious case of déjà vu after reading the Outliers chapter. For a while, I’ve taken interest in watching a documentary series called Air Crash Investigation. Many of the flights described in this chapter had an episode dedicated to their study that I watched several times. After reading the chapter and watching the series, I know that pilots have to be extremely alert when flying an airplane, especially in regard to their word choices. One of the flights described in Outliers,…

FINANCIAL FEASIBILITY MAJOR ASSUMPTIONS 1. The initial capital of ChixChops is five hundred thousand pesos (P 500,000). 2. Salaries expense of the employees is expected to increase 2 % per annum. This is based on the inflation rate given by Bangko Sentral ng Pilipinas for the year 2016 – 2020. 3. Clothing expenses of employees are expected to increase every 2 years by 2%. 4. Utilities expense is expected to increase by 2% annually. 5. Advertising expense is expected to increase 2% annually. 6.…

with high return as well as the low risk with lower return. The risk can be classified into two types which are systematic (uncontrollable) risk and unsystematic (controllable) risk. The examples of systematic risk are the interest rate risk, inflation risk, foreign exchange risk, country risk, political risk and market risk. Meanwhile, the example of unsystematic risk is business risk, liquidity risk and credit risk. However, all this risk can be diversified which by creating a well-diversified…

Opportunity Cost Opportunity Cost: what one gives up when choosing between options. This can be money, but it can also be an intangible asset such as happiness. The financial portions of opportunity cost can be calculated, but the intangible costs need to be taken into account as well. Opportunity cost is important because it takes into account what one gives up and what one gains in different scenarios, and helps inform decisions. I could attempt to become a musician. I would follow my high…

Asset pricing theories help us to find out risks of assets and provide us with a framework to associate risks of assets with their expected returns. A large number of theories and models have been prevailed to relate the risk and return of various assets to aid practitioners in selecting investment portfolio. These theories include Arbitrage Pricing Theory (APT) and the Capital Assets Pricing Model (CAPM). The Arbitrage Pricing Theory is a theory developed by Stephen Ross (1976) and was later…

model is intended to value a company which is expected to grow much faster than a stable firm in the initial period and at a stable rate after that. The three stage or n-stage model is designed to value small companies with growing market. It assumes that the company will grow initially at a high grow rates, then it will follow a transitional period where the growth rate declines and finally a steady state period where growth is…

Takes into account both the timing and the magnitude of cash flows. Disadvantages of NPV: It is uneasy to estimate the discount rate for a long-term period. NPV cannot handle a negative amount in the cash flow other than the initial…