Gouda, SA S.A

question 2

Essay

Gouda, S.A., a Belgian corporation, received the following sources of income:
$10,000 interest income from a loan to its 100 percent owned Dutch subsidiary
$20,000 dividend income from its 100 percent owned U.S. subsidiary
$30,000 royalty income from its Irish subsidiary for use of a trademark outside the United States
$40,000 rent income from its Canadian subsidiary for use of a warehouse located in Wisconsin
$5,000 capital gain from sale of stock in its 40 percent owned New Zealand joint venture. Title passed in New Zealand.
What amount of U.S. source income does Gouda have?

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Definitions:

Supply Strategy

A comprehensive plan detailing how a company will manage and optimize its resources, procurement, and partnerships to meet its supply chain goals.

Mitigation Strategy

Plans or actions taken to reduce the severity, impact, or likelihood of an undesirable event or risk.

Identify Risks

The process of recognizing and defining potential threats that could negatively affect an organization's ability to operate.

Supply Manager

A professional responsible for overseeing and managing a company's sources of supply, including procurement and supply chain management.