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Question - Multinationality is a measure of the extent to which companies operate internationally. The Multinationality Index or MNI is a measure of that. The MNI is determined by calculating the average of these three ratios:
-foreign sales to total sales
-foreign assets to total assets
-foreign employees to total employees
A large MNI could mean several things including more risk in evaluating a company's assets. Explain what a large MNI means for a company?
Melissa recently paid $400 for round-trip airfare to San Francisco to attend business. What amount of the travel costs can Melissa deduct as business expenses?
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he 20% balance is allocated to interest paid on the mutual fund's corporate bond holdings. How much tax will he pay on the $1,000 of dividends
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