One year ago, a u. s. investor converted dollars to yen and purchased 100 shares of nardasausau stock in a japanese company at a price of 3,150 yen per share. the total purchasing cost was 315,000 yen. at the time of purchase, in the currency market 1 yen equaled $0.00952. today, nardasausau stock is selling at a price of 3,465 yen per share, and in the currency market $1 equals 130 yen. the stock does not pay a dividend. if the investor were to sell the stock today and convert the proceeds back to dollars, what would be his realized return on his initial dollar investment from holding nardasausau stock?

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.

Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.