1. You have an opportunity to make a very large profit if only you can raise $1,000,000 for new equipment for your manufacturing plant in England. Time is critical as your competition is trying to do the same thing. What would be the quickest and most efficient means of raising the necessary capital? Keep in mind the plant is in England.

2. Your manufacturing facility in Mexico has been destroyed by an earthquake. The only option available to your company is to relocate to a plant in China. That means forming a joint venture with an existing Chinese company. Your problem is how you make a financial evaluation of the Chinese company with the lack of an International Accounting Standard being used in China. Also, what tax implications must be considered regarding the potential move to China? How do you conduct the financial evaluation?