NO, he is wrong, because mandatory arbitration regulations are always enforceable.
The US supreme court has ruled that companies have the right to demand binding arbitration from their employees and that employees are bound to perform such arbitration.
Answer:
$28,200
Explanation:
The computation of the net realizable value of account receivable is shown below:
As we know that
Net realizable value is
= Account receivable balance - balance in the Allowance for Doubtful Accounts
= $32,200 - $4,000
= $28,200
we simply deduct the allowance from the account receivable balance so that net realizable value could arrive
Answer:
Option (d) is correct.
Explanation:
In a perfectly competitive market, there are large number of buyers and sellers, so price and quantity is determined by the market forces. Firms in a perfectly competitive market can earn abnormal profits, normal profits or losses in the short run and can earn normal profits and losses in the long run.
The profit for these firms is calculated by subtracting the product of average total cost and quantity from the product of price and quantity.
Profit( = (P × Q) - (ATC × Q)
Ultimately you are trying to sell something. <span />
Answer:
$13,000
Explanation:
Sales tax is calculated by multiplying sales by applicable tax rate. In this case sales is $262500 and tax rate is 5%. Hence $262500 x 5% = $13,000.