Economic coercion that compels a person to enter into a contract renders that contract void

a. True
b. False
Indicate whether the statement is true or false


False

Business

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A toy maker hires an outside firm to perform product assembly. This is an example of the use of?

a. Contract manufacturing b. Contract development c. Contract services d. Contract offshoring

Business

Excerpts from Colter Corporation's most recent balance sheet appear below: Year 2Year 1Current assets:        Cash$90 $120   Accounts receivable, net 100  110   Inventory 170  160   Prepaid expenses 40  40 Total current assets$ 400 $ 430 Total current liabilities$ 320 $ 290 Sales on account in Year 2 amounted to $1,210 and the cost of goods sold was $720.The current ratio at the end of Year 2 is closest to:

A. 0.32 B. 0.38 C. 1.20 D. 1.25

Business

Listed below are the current ratios of four different companies. Based on these current ratios, which company is in the most liquid position?

A. 2.1 B. 2.0 C. 2.5 D. 1.8

Business

Which of the following forecasting methods puts the least weight on the most recent time series value?

a. exponential smoothing with ? = .3 b. exponential smoothing with ? = .2 c. moving average using the most recent 4 periods d. moving average using the most recent 3 periods

Business