THE PRINCIPAL IS THE $3000 WHICH SAM INVESTED.
In accounting, the principal refers to the amount of money which the investor used to do a particular business over a specific period of time. The profit made during this period is called return on investment [ROI]. In the question given above, $300 is the return on investment.
In the case of borrowing, the principal refers to the total amount of money that is borrowed for a period of time. The money will have to be repaid with an interest on it.
Answer:
dual enrollment program
Explanation:
In the United States, dual enrollment, also called concurrent enrollment, programs allow students to be enrolled in two separate, academically related institutions. Generally, it refers to high school students taking college or university courses.
Answer:
Total variance= 69,250 unfavorable
Explanation:
Giving the following information:
Each bottle has a standard labor requirement of 0.01 hours. During April, 550,000 bottles were produced using 13,000 labor hours for $8.50. The standard wage rate is $7.50 per hour.
Direct labor efficiency variance= (SQ - AQ)*standard rate
Direct labor efficiency variance= (5,500 - 13,000)*7.5= 56,250 unfavorable
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (7.5 - 8.5)*13,000= 13,000 unfavorable
Total variance= 69,250 unfavorable
Answer: arbitration is a costly process
Explanation: Arbitration, a form of substitute dispute settlement, is a route out of a trial to settle disputes. Any or more people will decide the issue, which allows the arbitration grant. The arbitration award on both sides is legally enforceable and actionable in court.
Arbitration is long term process and requires heavy time and money from both sides of the party. Due to such ongoing process it affects the business and both the parties suffers heavy losses in their side.
Therefore, most of the time parties tries to avoid arbitration in a conflict as much as they can.