The economic community that includes China and Thailand is the   

A. NAFTA.
B. EU.
C. ASEAN.
D. Mercosur.
E. IMF.


C. ASEAN.

The Association of Southeast Asian Nations (ASEAN) is a trading bloc consisting of 11 countries in Asia: Brunei, Cambodia, China, Indonesia, Laos, Malaysia, Myanmar (Burma), the Philippines, Singapore, Thailand, and Vietnam.

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The current ratio

a. is generally smaller than the quick ratio. b. decreases when a company becomes more liquid. c. increases when a company allows more customers to charge on account instead of collecting cash. d. is larger when a company is more liquid.

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List at least two factors that should be considered in a make or buy decision

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The United States has the lowest wage gap among all developed countries.

Answer the following statement true (T) or false (F)

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Based strictly on the payback method, which project is preferred?

A) Project A because the payback for A of 1.92 years is less than the payback for B of 2.23 years. B) Project A because the payback for A of 2.23 years is greater than the payback for B of 1.92 years. C) Project B because the payback for B of 2.23 years is greater than the payback for A of 1.92 years. D) Project B because the sum of the total cash inflows less the outflows = $20,000 for B but only $14,000 for A.

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