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brilliants [131]
3 years ago
14

The term "productivity"A,refers to the quantity of goods and services each unit of labor can produce.B,is seldom used by economi

sts, as it is not important in any economic sense.C,refers to new technology.D,means the same thing as "utility."
Business
1 answer:
ExtremeBDS [4]3 years ago
4 0

Answer:

refers to the quantity of goods and services each unit of labor can produce

Explanation:

Productivity measures the efficiency of production. It calculates how much input is needed to produce output.

Productivity is high if each unit of labour produces more quantity of goods and services. Productivity is low if each unit of labour produces less quantity of goods and services.

I hope my answer helps you

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Which of the following statements is NOT CORRECT? a. Sunk costs are the costs associated with "the road not taken". They represe
Ann [662]

Answer:

A

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. It should not be considered in making future decisions.

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity costs are costs associated with "the road not taken".

An example of opportunity cost : you quit your job where you ern $50,000 to start your business. the opportunity cost of starting your business is $50,000 - your salary that you would be forgoing to start your business

6 0
3 years ago
Industries that sell products to seniors, such as the eyeglass industry and the hearing aid industry, are benefiting from the ag
disa [49]

Answer:

Environmental trend

Explanation:

<em>An environmental trend is the influence of the combination of internal and external factors (environment) over the business' operating system.</em> These factors can be clients, suppliers, competition, market, law, technology, etc. In the question given the factor that is influencing are the clients (seniors).

I hope you find this information useful and interesting! Good luck!

7 0
3 years ago
Management has determined that there is one chance in a thousand of a customer being injured or killed. The settlement of result
natka813 [3]

Answer:

$700

Explanation:

In cost benefit insurance , the intervention and its benefit are evaluated to arrive at the best decision for the insured party.

Working

Potential lawsuits - $750,000

Deductible insurance - $50,000

Possibility of injury /death = 1/1000

Maximum payment for insurance - $(750000-50000)/1000

$700

3 0
3 years ago
Read 2 more answers
The following is a December 31, 2021, post-closing trial balance for Almway Corporation.
Basile [38]

Answer:

Almway Corporation

Classified Balance Sheet as at December 31, 2021:

Assets

Current assets:

Cash                                            $ 7,000

Restricted Cash                           39,000

Investment in

 equity securities                        46,000

Accounts receivable      82,000

Allowance for

uncollectible accounts $6,000 76,000

Inventory                                   216,000

Prepaid insurance                        6,000

(for the next 9 months)

Total current assets             $390,000

Long-term assets:

Land for sale                              41,000

Land for use                              81,000

Buildings              436,000

Acc. depreciation  116,000    320,000

Equipment            126,000

Acc. depreciation  76,000      50,000

Patent (net)                              26,000

Investment in

 equity securities                   96,000

Restricted Cash                      31,000

Long-term assets              $645,000

Total assets                     $1,035,000

Liabilities and Equity

Current Liabilities:|

Accounts payable                 107,000

Short-term notes payable     59,200

Interest payable                     36,000

Total current liabilities      $202,200

Long-term notes payable     118,800

Bonds Payable                    256,000

Total long-term liabilities  $374,800

Total liabilities                   $577,000

Common stock                   348,000

Retained earnings               110,000

Total equity                      $458,000

Total liabilities & equity $1,035,000

Explanation:

a) Data and Calculations:

Almway Corporation

Post-closing Trial Balance as at December 31, 2021:

Account Titles                      Debit       Credit

Cash                                 $ 77,000

Investment in

 equity securities             142,000

Accounts receivable          76,000

Inventory                          216,000

Prepaid insurance               6,000

(for the next 9 months)

Land                                 122,000

Buildings                         436,000

Accumulated depreciation-buildings $ 116,000

Equipment                      126,000

Accumulated depreciation equipment  76,000

Patent (net)                      26,000

Accounts payable                                 107,000

Notes payable                                       178,000

Interest payable                                     36,000

Bonds Payable                                    256,000

Common stock                                    348,000

Retained earnings                                110,000  

Totals                      $1,227,000     $1,227,000

Adjustments:

1. Investment in equity securities $142,000

   Long-term investments                46,000

  Short-term investments =             96,000

2. Land for sale = $41,000

   Land for use =  $81,000

Total land = $122,000

3. Restricted Cash (2024) = $31,000

   Restricted Cash (short-term) = $39,000

   Other cash = $7,000

4. Notes payable:

Short-term notes = $59,200 ($46,000 + $13,200)

Long-term notes = $118,800

5. Accounts receivable = $82,000

Allowance for Uncollectible accounts = $6,000

6. Authorized shares = 300,000

   Issued and outstanding shares = 116,000

Almway Corporation

Adjusted Trial Balance as at December 31, 2021:

Account Titles                      Debit       Credit

Cash                                   $ 7,000

Restricted Cash                  39,000

Investment in

 equity securities               46,000

Accounts receivable          82,000

Allowance for uncollectible accounts    $6,000

Inventory                           216,000

Prepaid insurance                6,000

(for the next 9 months)

Land for sale                       41,000

Land for use                       81,000

Buildings                          436,000

Accumulated depreciation-buildings    116,000

Equipment                       126,000

Accumulated depreciation equipment  76,000

Patent (net)                       26,000

Investment in

 equity securities             96,000

Restricted Cash                31,000

Accounts payable                                 107,000

Short-term notes payable                     59,200

Interest payable                                     36,000

Long-term notes payable                     118,800

Bonds Payable                                    256,000

Common stock                                    348,000

Retained earnings                                110,000  

Totals                       $1,233,000    $1,233,000

6 0
3 years ago
Alva Nunez is a punch press operator for Drummond Machine Company. She earns
grandymaker [24]
310(1.1) will give her pay
8 0
2 years ago
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