Next yr, a MNC New Zeland subsidary is projecting revenues of NZD 17 m and expenses of NZD 7m In addiiton, the subsidary is calculating with NSZ 2 m non- cash expense depreciations

Calculate the cash flows remitted to the parent (in NZD) if you know that the host country taxes are 20%, planned remittance rate is 70%, and remittmance withholdind taxes are 10%

Answer rating: 100% (QA)

To calculate the cash flows remitted to the parent company in NZD we need to consider the projected ... View the full answer