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2 years ago

Mr. Box and Carl have a dispute concerning a contract in which they have entered. The parties meet

Business

1 answer:

Ivanshal [37]2 years ago

6 0

Answer:

Arbitration

Explanation:

Arbitration is one of the mechanisms used in dispute resolution. It involves engaging an independent third party to make a binding decision on the disputed matter. The third part may be a single person known as the arbitrator or a tribunal made up of several arbitrators. The arbitration process is applicable only when the conflicting parties agree to it.

The arbitration process is similar to court proceedings. Each of the disputing parties is given a fair chance to argue their case and give evidence. The arbitrators are expected to be knowledgeable in the matters surrounding the dispute, or an expert on the law. The decision of an arbitrator is binding to all parties. Private entities and families prefer arbitration because it is faster , cheaper, and the conflicting issues are kept away from the public.

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A machine that provides almost any service a human teller can provide is called

Daniel [21]

This is called an ATM. Automatic Teller Machines.

4 0

2 years ago

Woody Corp. had taxable income of $7,825 in the current year. The amount of MACRS depreciation was $2,850, while the amount of d

sammy [17]

Answer:

+65+95+95

Explanation:6468

7 0

2 years ago

A pension plan is obligated to make disbursements of $1.8 million, $2.8 million, and $1.8 million at the end of each of the next

amid [387]

Answer:

1.9516 years.

Explanation:

So, the best and fastest way to solve this question is to use excel. So the first step is to calculate the Present Value of Cash Flow for the three cash flows and sum them up.

(A).

(1). For cash flow = $1,800,000, time = 1.

Present Value of Cash Flow:

$1,800,000 / (1 + 9%)^1

= 1651376.14678899082.

(2). For cash flow = $2,800,000, time = 2.

= $2,800,00/ (1 + 9%)^2.

= 2356703.98114636815.

(3). For cash flow = $2,800,000, time = 3.

= $1,800,000 / (1 + 9%)^3.

= 1389930.26410991568.

Thus, 1651376.14678899082 + 2356703.98114636815 + 1389930.26410991568.

= 5398010.39204527465.

(B). Also, 1651376.14678899082 ×( time = 1) = 1651376.14678899082.

2356703.98114636815 × (time= 2 ) = 4,713,407.9622927363.

1389930.26410991568 × (time = 3) = 4169790.79232974704.

Thus, 4169790.79232974704 + 1651376.14678899082 + 4,713,407.9622927363.

= 10534574.90141147416.

Hence, duration = 10534574.90141147416/ 5398010.39204527465.

= 1.95156625058292731

Approximately 1.9516 years.

5 0

2 years ago

Vincent Corporation has 92,000 share of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock d

Crazy boy [7]

Answer:

June 30

Dr Stock Dividend 325,680

Cr Common stock Dividend Distributable 289,800

Cr Paid capital in excess of par- common 35,880

July 30

Dr Common stock Dividend Distributable 289,800

Cr Common Stock $105 Par Value 289,800

Explanation:

Vincent Corporation Journal entry

June 30

Dr Stock Dividend 325,680

($118*92,000*.03)

Cr Common stock Dividend Distributable 289,800($105*92,000*.03)

Cr Paid capital in excess of par- common 35,880(325,680-298,800)

July 30

Dr Common stock Dividend Distributable 289,800

Cr Common Stock $105 Par Value 289,800

4 0

2 years ago

Accumulating capital Group of answer choices requires that society sacrifice consumption goods in the present. allows society to

alexdok [17]

Answer:

The correct answer is letter "A": requires that society sacrifice consumption goods in the present.

Explanation:

Capital Accumulation refers to increasing wealth via investments or savings. In any of both cases, <em>capital consumption is reduced since the moment individuals decide to accumulate wealth to enjoy greater returns in the future</em>. Though, as some get richer by accumulating capital and others remain poor, it is seen as negative, mainly because it widens the gap between the two sectors.

8 0

2 years ago