Answer: A company maintains a website that provides information about its products and that provides an address or number that a customer can contact to obtain an order form to purchase products directly from the company.
Explanation:
With different states having varying laws but yet still sharing a lot of business interests, it is important that the states know when they can have jurisdiction over a person.
Minimum contacts is the solution and is used to determine whether an entity has sufficient contacts in a state to warrant jurisdiction over them.
Simply having a website that can be accessed by people in a state does not fall under the provisions required for minimum contact to be met so the courts in this state cannot have personal jurisdiction over this company.
Answer:
d. $9,000; $9,000
Explanation:
As cash received on January 1 in advance to provide service in one year which is completed on December 31. So all the Unearned revenue is recognized because service for 12 month has been performed so whole amount will be reported in Income statement for the year ended December 31. Only cash received is from the service revenue activity so, it is also reported as $9,000. correct option is d. $9,000; $9,000.
Supply chain management is an example of a(n) inter-enterprise information system because it spans two or more independent organizations.
More about Supply chain management:
Supply chain management, which covers all procedures that convert raw materials into finished commodities, is the management of the movement of goods and services. It entails actively streamlining a company's supply-side operations in order to increase customer value and obtain a competitive edge in the market.
The management of a product's creation and flow, from sourcing raw materials to manufacture, distribution, and delivery to the final consumer, is known as supply chain management (SCM).
Learn more about supply chain management here:
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Times interest earned ratio is calculated with the help of following formula:
Times interest earned ratio = Income before interest and tax / Interest
Income before interest and tax is calculated with the help of following formula:
Income before interest and tax = Sales – Cost of Goods Sold- Depreciation
Income before interest and tax = 438000-369000-37400 = 31,600
Hence, Times interest earned ratio = Income before interest and tax / Interest = 31600 / 13800 =<u> 2.29 times</u>