国际金融（原书第12版） 教学课件 ppt 作者 大卫.艾特曼（David Eiteman）阿瑟.斯通西 chapter 21.pdfVIP

Multinational Business Finance, 12e (Eiteman, et al) Chapter 21 Working Capital Management 21.1 Constraints on Repositioning Funds Multiple Choice 1) Each of the following is listed by your authors as a constraint on repositioning funds by an MNE EXCEPT: A) political constraints. B) tax constraints. C) transaction costs. D) All of the above are listed by your authors. Answer: D Diff: 1 Topic: 21.1 Constraints on Repositioning Funds Skill: Recognition True/False 1) Local liquidity needs sometimes impact a firm’s worldwide optimal cash position. Answer: TRUE Diff: 1 Topic: 21.1 Constraints on Repositioning Funds Skill: Recognition 21.2 Conduits for Moving Funds by Unbundling Them Multiple Choice 1) ________ allows a multinational firm to recover funds from subsidiaries without piquing host country sensitivities over large dividend drains. A) Unbundling funds B) Bundling funds C) Coordinating funds D) none of the above Answer: A Diff: 1 Topic: 21.2 Conduits for Moving Funds by Unbundling Them Skill: Recognition 1 Copyright © 2010 Pearson Education, Inc.  True/False 1) If all investment inputs are unbundled, part of what might have been classified as residual profits may turn out to be tax-deductible expenses related to a specific purchased benefit. Answer: TRUE Diff: 1 Topic: 21.2 Conduits for Moving Funds by Unbundling Them Skill: Conceptual 21.3 International Dividend Remittances Multiple Choice 1) In anticipation of a foreign exchange loss, an MNE may speed up the transfer of funds out of the company via dividends. When undertaking such an activity the MNE must be concerned with all of the following EXCEPT: A) interest rate differences between the two countries. B) the negative impact on host country relations. C) defection on the part of executives in the home headquarters. D) MNEs must be conc