The dutiable value of imported goods includes the price actually paid or payable when sold for exportation plus all of the following items if not included in the purchase price, with the exception of:
A) royalty paid by the buyer as a condition of sale
B) proceeds from the resale of the goods that accrues to the seller.
C) selling commission incurred by the buyer.
D) export fees paid by the seller.
D
You might also like to view...
Metallic Engineering, Inc., a manufacturer of fabricated aluminum products for aerospace, engineering, automotive, and custom industrial applications, is calculating its WACC. The firm’s common stock just paid a dividend of $1.5 per share and now is selling for $30. The firm’s financial staff estimates the company’s new product will generate an unusual high dividend growth rate of 17% for four years. After this period of time, the dividend growth rate will decline to 3% during a transition period of 3 years, rather than instantaneously. The firm’s debt-to-equity ratio is 3/4 and the flotation costs for new equity will be 7%. Also, the firm has a payout ratio of 60% and 20M of common shares of stock outstanding.
a) Based on the information above, determine the firm’s estimated retained earnings and the associated break-point.
b) Calculate the firm’s cost of retained earnings and the cost of new common equity. Hint: use the required rate of return kCS derived from the H-Model formula in Chapter 9 as follows:
c) If Metallic Engineering’s after-tax cost of debt is 5%, determine the WACC with retained earnings and new common equity.
Using words such as deny and cannot helps you make a positive impression on your audience
Indicate whether the statement is true or false
Which theme related to Millennials relates to everyone is equal and that everyone should be encouraged to embrace the difference in others?
a. Recognize me b. Include me c. Challenge me d. Work with me
The motivation for floating-rate bonds arose out of the costly experience of the early 1980s when inflation pushed interest rates to very high levels, causing sharp declines in the prices of long-term bonds.?
Answer the following statement true (T) or false (F)