Answer:D. can settle outstanding claims or disputes provided that all parties agree to its use.
Explanation: Binding arbitration is a type of arbitration/ dispute resolution where both parties involved in the dispute/ conflict choose a mediator mainly a legal practitioner and accepted to stand by the decision of the Binding arbitrator.
This type of arbitration is in contrast to non Binding arbitration where both parties are may not accept the decision of the arbitrator. Binding
Arbitration is adopted mainly in private disputes where both parties involved in the dispute agree to accept the verdicts of the trusted arbitrator.
Answer and Explanation:
The classification is shown in the attachment. Please find the attachment below:
As we know that
Operating activities refers to the activities in which the changes with respect to the working capital is recorded
Investing activities refers to those activities in which the purchase and sale of long term assets are recorded
And, the last one is financing activity which deals with the stockholder equity account i.e issuance of the stock, cash dividend paid, etc
Answer:
The answer is: Economies of scale
Explanation:
Economies of scale are the diminished cost by companies when production becomes efficient. Companies can achieve economies of scale by increasing production and lowering costs. This happens because fixed costs are spread over a larger number of goods. There are implications in variable costs as well (for example in obtaining discounts by large purchases from suppliers). In general, the larger the scale, the more cost savings.
The cost per unit depends on how much the company produces. Larger companies can produce more by spreading the cost of production over a larger amount of goods. Specialization of labor and more integrated technology boost production volumes. Lower per-unit costs can come from bulk orders from suppliers, larger advertising buys, or lower cost of capital. Spreading internal function (for ex: accounting, information technology, and marketing) costs across more units produced and sold helps to reduce costs.
<u>The sustained increase in demand impacts on producers. Now they produced more units, being able to achieve economies of scale and the benefits previously described. </u>
CPI (Consumer Price Index) is a measure of changes in prices paid by consumers for goods and services. It is used to estimate the changes in prices.
Therefore;
Change in prices = (CPI in current year - CPI in base year)/CPI in base year
Substituting for the values given in the current problem
Changes in prices = (108-100)/100 = 8/100 = 0.08 or 8%.
This shows that prices increased by 8% in the current year compared to the base year.
