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3 years ago

How do firms examine productivity?

1 answer:

8 0

Productivity is the average measure of the productivity of the firms. It is usually measured in output to input. When all the outputs and inputs are involved in the production process, it is now called the total productivity.

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On September 1, a company established a petty cash fund of $230. On September 10, the petty cash fund was replenished when there

storchak [24]

Answer:

September 1, petty cash fund is established

Dr Petty cash fund 230

Cr Cash 230

September 10, petty cash expenses

Dr Supplies expense 53

Dr Postage expense 80

Dr Cash short and over 16

Cr Petty cash fund 149

September 10, petty cash is replenished

Dr Petty cash fund 149

Cr Cash 149

September 15, petty cash fund in increased

Dr Petty cash fund 90

Cr Cash 90

3 0

3 years ago

Productivity is declining when: A) the number of hours worked exceeds the number of workers. B) population growth exceeds real G

SOVA2 [1]

Answer: b. When population exceeds real GDP growth

Explanation:

Gross domestic growth(GDP) is the monetary value of all finished goods and services done within in a country over a period of time. When the population of a country exceeds what it produces there would be record in decline in productivity of the country. This is a serious problem as it could lead to other factors as scarcity(having high demand and low supply), it could lead to poverty as there won't be much jobs as production is not commensurate with population.

5 0

3 years ago

Read 2 more answers

or due to his success at his current company in getting several new patents. This is an example of ________ capital.

Ket [755]

Complete Question:

Cesar was being recruited by a competitor due to his success at his current company in getting several new patents. This is an example of ________ capital.

Group of answer choices

A) social

B) customer

C) human

D) intellectual

E) financial

Answer:

D) intellectual

Explanation:

In this scenario, Cesar was being recruited by a competitor due to his success at his current company in getting several new patents. Therefore, this is an example of intellectual capital because he was recruited based on his intangible assets which made him excel or succeed.

An intellectual capital can be defined as the value or intangible assets such as skills, copyright, trademarks, experience, patents, knowledge provided by the employees working in an organization and thus, giving the organization a competitive advantage over their rivals in the same industry, as well as earn more profits, increase their customer base and creation of quality products.

5 0

2 years ago

Cornerstone, Inc. has $125,000 of inventory that suffered minor smoke damage from a fire in the warehouse. The company can sell

kotegsom [21]

Answer:

Alternative of cleaning and shipping is better as loss value is less.

Relevant cost of this alternative is $23,000 incurred for cleaning and shipping.

Explanation:

Evaluating both the proposals

In case the goods are sold as it is then net cost/ loss = Carrying value of inventory - Sales Revenue

= $125,000 - $45,000 = $80,000

In case the goods are cleaned and shipped then

Total cost = $125,000 + $23,000 = $148,000

Revenue = $80,000

Net loss/ cost = $148,000 - $80,000 = $68,000

Thus Since the loss value is less i alternative 2 that is of cleaning and shipping, it shall be chosen.

The relevant cost of that alternative is $23,000 incurred in cleaning and shipping.

4 0

3 years ago

Which of the following activities is not a component of the operating cycle?A)Sale of merchandiseB)Payment of employees' salarie

Sloan [31]

Answer:

B)Payment of employees' salaries

Explanation:

Operating cycle: The operating cycle is that cycle in which the firm makes the collection of cash with respect to the sales and make the payment with respect to the purchase of the inventory

The cycle start from days of inventory outstanding, days of sales outstanding, and days of payable outstanding

In mathematically,

Operating cycle = days of inventory outstanding + days of sales outstanding - days of payable outstanding

Thus, option B is correct.

8 0

3 years ago