Answer:
C) Should be reported at $210,000
Explanation:
The computation of the gross profit in case of the multi-step income statement is presented below:
Mortenson Company
Multi step income statement
Sales $600,000
Less: Cost of goods sold -$390,000
Gross profit $210,000
After deducting the cost of goods sold from the sales we can get the gross profit
Self-classification allows me to determine if the items or technologies involved in my research are listed on either the USML or CCL, and I cannot comply with export controls until I determined which requirements apply to the research activity.
<h3>What is Technology?</h3>
- Technology is the end result of accumulated knowledge and application of techniques, approaches, and procedures utilized in manufacturing and academic research.
- With or without in-depth knowledge of their function, technology is ingrained in the operation of all machinery and electronic gadgets for an organization's intended purpose.
- System-based technologies make up society's technologies.
- When a system is in operation, it takes an input, modifies it through a known process, and then generates an output that serves the system's intended function.
<h3>What role does technology play?</h3>
- Information technology is crucial in our lives because it makes dealing with the unpredictable aspects of daily life easier.
- Technology provides a variety of methods to promote development and information exchange.
- IT aims to accomplish both of these objectives in order to simplify tasks and find solutions to numerous issues.
Learn more about technology here:
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Answer:
$2.4074/pound
Explanation:
The law of one price states that the same good in two different countries must be sold for the same amount of money, which means that the $/pound spot rate must ensure that wheat costs the same on both countries.
Therefore, the spot rate 'r' is:
The spot rate should be $2.4074/pound.
An example of frivolous lawsuits would be when overweight people file suit against manufacturers, distributors or sellers of food products, charging these parties with responsibility for their obesity.
Explanation:
- This does not have serious purpose or view
- The mistake or the complaint cannot be proved
- There is a little possibility of winning but most of the cases people fail to win
- There is no legal merit given to this
- There are so many examples, where people complaint without any valid proof or with the things where they cannot bring proof
- The complaints are not even facts
So, frivolous lawsuits are associated with complaints which cannot be proved.
The Marine Corps refer to the United States Marines Corps, a branch of the U.S. Army who is responsible for conducting expedition and amphibious operations with multiple branches of the military, which includes the Navy, Army, and the Air Force.
The answer to the question is size and capacity vs. speed and flexibility.
