Panco, a u. s. entity, has a subsidiary, sanco, located in a foreign country. sanco's operations are concentrated in the country in which it is located and are essentially independent of panco. the economy of the foreign country is not highly inflationary. which one of the following processes should panco use to convert sanco's financial statements to dollar-based statements for consolidation purposes? a. translation. b. remeasurement. c. translation, and then remeasurementd. remeasurement, and then translation.

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400