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3 years ago

Which calculation helps determine which producer has the absolute advantage? Resources used multiplied by amount produced

Business

2 answers:

zalisa [80]3 years ago

7 0

Answer

The calculation that helps to determine which producer has the absolute advantage is:

B. The amount produced divided by resources used

Explanation

Productivity is calculated by dividing the amount of output produced by the inputs used in its production process. The size of the output is divided by the resources used to produce the goods to determine the advantage/profit acquired in a business process.This will give the producers ultimate advantage as compared to number of time the bussiness will pay back.

erastovalidia [21]3 years ago

6 0

Amount produced divided by the resources used, is the calculation that helps to determine which producer has the absolute advantage.

The performances of a company’s production process measures its productivity.

Further Explanation

Productivity of a company is calculated by dividing its output and the input that are used in the process of production. Common inputs in this case can be natural or capital resources and labor hour, while output are measured by the sales or amount of goods produced by the company.

Productivity can be calculated by the amount of unit produced by a company relative to its labor hour or by measuring the company’s revenue relative to employee labor hours.

However, the overall labor productivity can be calculated by dividing the goods and services a company produced by the employee total hour during a particular period of time.

In a situation where a company had an output of 4,000 units in a month and its input was 4,000 hours of labor, the productivity for such company is 10. This implies the output (40000) is divided by the labor input (4,000), which is equals to 10. This also means that the number of units produced by the employee per hour is 10 in the previous month.

LEARN MORE:

more on productivity brainly.com/question/12157373
how to calculate productivity brainly.com/question/13011275

KEYWORDS:

productivity
company's output and input
labor
goods and services
employee

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ShipIt Corporation reported the following rounded amounts (in millions): 2016 2015 Accounts Receivable $ 5,435 $ 5,140 Allowance

Nikitich [7]

Answer:

Receivable turnover ratio = 8.1 times

Account receivable days = 44.9 days

Explanation:

Th account receivable days is the average length of time it takes a business to collect amount due on account from customers

Account receivable ratio = Net sales /Average account receivable

Account receivable days = (Average receivable/Net sales) × 365 days

Average account receivable

= (Receivable at the beginning + Receivable at the end)/2

= ( 4,830+ 5,130)/2

=4980

Note that the accounts receivable balance at the end of 2015 will be the opening balance at the beginning of 2016. The closing balance of 4,830 of 2015 will be the opening balance for 2016

Receivable turnover ratio

=45,500/4980

= 8.1 times

Account receivable days

= (4980/45,500)× 365 days

= 44.9 days

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3 years ago

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3 years ago

The adjusting entry for a prepaid expense includes a debit to a(n) ______ account

ziro4ka [17]

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2 years ago

Explain the importance of departmental income statement in an enterprise in which several separate departments function. Provide

abruzzese [7]

Answer with Explanation:

Following are the benefits of using departmental Income Statements:

Gives an understanding of where the company lacks efficiency
Helps in setting budgets and efficiency cuts so that the management of the department works hard to lower operational lead time and other efficiencies found in the operational activities. By setting the budgeted income statement for the department, the appraiser of the company performance is possible by using variance analysis method.
The Departmental Income Statement also helps in appraising performance of each department which helps identifying which department requires upper level management attention.
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15. You have just purchased a car and taken out a $50,000 loan. The loan has a 5-year term with monthly payments and an APR of 6

monitta

Answer:

find answers below

Explanation:

First and foremost, we need to determine the payment on a monthly basis in order to proceed further as shown thus:

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the monthly payment is the unknown

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first month:

amount paid $966.64

interest=0.5 %*$50,000=$250

principal paid=monthly payment-interest=$966.64-$250=$716.64

loan balance=$50,000-$716.64=$49,283.36

second month:

amount paid $966.64

interest =0.5%*$49,283.36=$246.42

principal paid=$966.64-$246.42 =$720.22

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2 years ago