If a country has adopted the United Nations' Convention on the Recognition and Enforcement of Foreign Arbitrable Awards then:
a. its courts are bound to recognize and enforce arbitration decisions that have followed proper procedure
b. its courts are not bound to recognize and enforce arbitration decisions that have followed proper procedure c. its courts are unlikely to recognize and enforce arbitration decisions
d. its courts will charge a nominal fee to hear cases
e. damage awards from cases tried in its courts cannot exceed $10,000
a
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Which of the following is a measure of liquidity?
a. Return on equity b. Return on assets c. Working capital d. Profit margin
Last year Burch Corporation's cash account decreased by $6,000. Net cash provided by (used in) investing activities was $13,000. Net cash provided by (used in) financing activities was $(30,000). On the statement of cash flows, the net cash provided by (used in) operating activities was:
A. $(23,000) B. $(6,000) C. $(17,000) D. $11,000
Joe has been at his job for three years and is ready for a promotion. To try to earn recognition, Joe volunteers for tasks and projects that others don't want, he performs new tasks well, and he claims the success when he works as part of a team. Which action(s) in the case above would not earn Joe the recognition he seeks?
What will be an ideal response?
Scenario 7.1 Use the following to answer the questions. Samsung is entering the home appliance market with its new French Door Refrigerator. In designing the production facility, it has a need for various pieces of equipment, including the perpetual assembly belt drive, quasi-assembly pods, and finishing stations. The purchasing agent for the appliance division is inquiring about who will be needed for input on the purchasing decision. Samsung has already contacted several producers of the quasi-assembly pods, and has begun negotiations with their sales representatives. Refer to Scenario 7.1. What was the first step of the buying decision process that Samsung went through when looking for the quasi-assembly pods?
A. Searching for products and suppliers B. Selecting and ordering the most appropriate product C. Recognizing the problem or need D. Establishing product specifications E. Evaluating the product relative to specifications