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icang [17]
4 years ago
13

Various financial data for the past two years follow.

Business
1 answer:
Katarina [22]4 years ago
7 0

Answer:

Total Productivity:

* For last year: 1.70

* For this year: 1.48

Explanation:

We have the total productivity is equal to Sales/ Total resources spent.

So, the calculation for productivity as followed:

<u>* For last year:</u>

 + Sales = 200,010

 + Total resources spent = Labor + Raw materials + Energy + Capital + other = 30,010 + 35,100 + 5,100 + 45,500 + 2,100 = 117,810

=> Productivity = 200,010 / 117,810 = 1.70

<u>* For this year:</u>

 + Sales = 201,050

 + Total resources spent = Labor + Raw materials + Energy + Capital + other = 40,010 + 41,500 + 6,010 + 45,500 + 3,010 = 136,030

=> Productivity = 201,050/136,030 = 1.48.

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Answer: Option (D) is correct.

Explanation:

Given that,

Ron's capital = $80,000

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Amount paid to Tiffany = $56,000

Bonus = Amount paid to Tiffany - Tiffany's capital

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Above bonus is 1/6th of goodwill.

Therefore, the total amount of goodwill recorded would be:

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4 years ago
Bargaining power of buyers tends to be higher when a company sells a popular product to multiple buyers than when a company is d
Mice21 [21]
False, the bargaining power is lower.
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3 years ago
Question text Calculating Accrued Interest Income on Promissory Notes Receivable Pickett Company received a 90 day, six percent
klasskru [66]

Answer:

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Explanation:

Given that

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Number of days given = 90 days

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5 0
4 years ago
What is the role of financial accounting in a business​
Sati [7]

Answer:

Financial accounting is responsible for preparing the organization's financial statements—including the income statement, the statement of owner's equity, the balance sheet, and the statement of cash flows—that summarize a company's past performance and evaluate its current financial condition.

Explanation:

Hope it Helps

6 0
3 years ago
A restaurant is considering adding fresh brook trout to its menu. Customers would have the choice of catching their own trout fr
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Answer:

$19.95

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4 0
3 years ago
Read 2 more answers
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