International finance problem set on working capital management1. rossignol co. manufactures and sells skis and snowboards in france, switzerland and italy, and also maintains a corporate account in frankfurt, germany. rossignol has been setting separate operating cash balances in each country at a level equal to expected cash needs plus two standard deviations above those needs, based on a statistical analysis of cash flow volatility. expected operating cash needs and one standard deviation of those needs are below. rossignol’s frankfurt bank suggests that the same level of safety could be maintained if all precautionary balances were combined in a central account at the frankfurt headquarters. a. how much lower would rossignol’s total cash balances be if all precautionary balances were combined? assume cash needs in each country are normally distributed and are independent of each other. b. how much would the company save annually, if financing costs are 6% p. a., from centralizing its cash holdings?

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting

What happens when the government finances a job creation project through taxes and borrowing?