What important technology has done the most to allow small businesses a chance to compete with l

Slav-nsk [51]

Answer:

True.

Explanation:

Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.

Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.

For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.

Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.

6 0

3 years ago

The following monthly data are available for Coronado Industries. which produces only one product: Selling price per unit, $38;

In-s [12.5K]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit= $38

Unit variable expenses= $14

Total fixed expenses= $42,000

Actual sales for June= 3000 units.

First, we need to calculate the break-even point in dollar using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 42,000/ [(38 - 14)/38]

Break-even point (dollars)= $66,500

Now, we can calculate the margin of safety in dollars:

Margin of safety= (current sales level - break-even point)

Margin of safety= (3,000*38 - 66,500)

Margin of safety= (114,000 - 66,500)

Margin of safety= $47,500

5 0

3 years ago

Campus Stop, Inc., is a student co-op. Campus Stop uses a perpetual inventory system.

Zanzabum

Answer:

Campus Stop, Inc.

Partial Income Statement

Sales revenue $323,300

Sales returns ($1,730)

Sales discounts and allowances ($2,270)

Net sales $319,300

Cost of goods sold ($172,870)

Gross profit $146,430

Gross profit margin = $146,430 / $319,300 = 45.86%

8 0

3 years ago

Ivanhoe Windows manufactures and sells custom storm windows for three-season porches. Ivanhoe also provides installation service

Anna71 [15]

Answer:

Ivanhoe Windows

a. Journal Entries:

September 1, 2020:

Debit Cash $1,920

Credit Sales Revenue $1,920

To record the sale of windows to Geraths.

Debit Cost of goods sold $1,120

Credit Inventory $1,120

To record the cost of goods sold.

October 15, 2020:

Debit Cash $450

Credit Installation Revenue $450

To record the completion of installation service.

b. Journal Entries:

September 1, 2020:

Debit Cash $1,920

Credit Sales Revenue $1,896

Credit Unearned Revenue $24

To record the sale of windows to Geraths.

Debit Cost of goods sold $1,120

Credit Inventory $1,120

To record the cost of goods sold.

October 15, 2020:

Debit Cash $450

Debit Unearned Revenue $24

Credit Installation Revenue $474

To record the completion of installation service.

c. If Geraths is unable to develop a reliable estimate for the fair value of the installation:

Journal Entries:

September 1, 2020:

Debit Cash $1,920

Credit Sales Revenue $1,920

To record the sale of windows to Geraths.

Debit Cost of goods sold $1,120

Credit Inventory $1,120

To record the cost of goods sold.

October 15, 2020:

Debit Cash $450

Credit Sales Revenue $450

To record the completion of installation.

Explanation:

a) Data and Calculations:

July 1, 2020, Contract Price = $2,370

Standalone selling price of window = $1,920

Cost of the window = $1,120

Standalone selling price of installation service = $590

Attributed selling price of installation service = $450 ($590 = $140)

b) Estimated standalone value of the installation = estimated cost + 20% on cost

= $400 + 20% = $480 ($400 * 1.2)

Separate performance values:

Sale of window = $1,920 = $1,896 ($1,920/$2,400 * $2,370)

Installation = 480 = 474 ($480/$2,400 * $2,370)

Total = $2,400 = $2,370

c. If Ivanhoe Windows is unable to develop a reliable estimate for the fair value of the installation, both payments received will be attributed to the Sales Revenue without identifying separate performance values.

6 0

3 years ago

I need brainliest answer if anyone needs help comment the link here

zalisa [80]

Heya friend,
Good question!
Well, brainly is a great educational platform with so many talented and kind people. We have a great community too of brainly stars, benefactors, moderators. We together do everything to make brainly great and we all have a great bonding among ourselves. We love each other a lot, brainly Benefactor team and star team and moderator team is my family type. We all live under one roof and we do help each other.
To be honest, I never felt that I am a moderator at brainly, I never felt that brainly is just an educational site. Brainly is a friendly site. A love site. A great family. Brainly has became my family,and I do love them.
Now, over to your questions-
1)We should talk to brainly members kindly, lovingly for sure. We should have a spirit of respectness, lovingneess. We should always try to be like a wise person. We should always talks politely to them. No matters on what position he is, we should just see that we are a good user and we have to form a good impression among everyone. Always try to talk something wise, funny, interesting.
2)Yeah, we should give respect to not only Leaders, benefactors, moderators. To each user we should give respect. If you will respect everyone, one will give u respect. We all say-
"TAKE RESPECT, GIVE RESPECT"
Talk to everyone respectively, then only you will be loved by others, if you will talk harshly and will Bose up yourself. No one will love you, all will hate you or will not like to talk to you.
Give respect to everyone. Understand what others want to say, then take decisions wisely and have a sweet relationship with them.
3)Yeah , we should respect others people words. What leaders, moderators, benefactor,stars says is all about your benifit, they want to make each user a good one and brainly indeed. They want you too to have a rank in brainly, a respect in brainly, a family. They do all for you, not for themselves. They got what they want, and they try to give you what you want. If you will do what you want, you will never be able to success, because in every road of life, one needs assistance and guidance. And we are here to guide you, you should respect our tips. You should come up with your doubts kindly and understand what other wanna talk to you and then take decisions wisely and patiently, always remember we do everything for each users benifit.
Love brainly! Respect brainly!
#BeBrainly
#Together we go far!
Hope it helps..!!!!
Read more on Brainly.in - https://brainly.in/question/1404139#readmore

3 0

3 years ago