Assume the union freeman works with pays newer employees less than ones who have been with the organization for a longer time. The basis for this is: two tier contract.
<h3>What is two tier contract?</h3>
Two tier contract can be defined as the way in which employee who work in an organization does not earn the same wages as some employee earn higher wages that others while some earn lesser wages.
Hence, if newer employees earn lesser than those who have been with the organization for a longer time. The basis for this is called two tier contract.
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Principal Amount P = $ 48000
Rate of interest r = 6% = 0.06
Time interval t = 7
Formula for Interest I = P x r x t => I = 48000 x 0.06 x 7 => I = 2880 x 7
Total Interest for seven years would be $20,160
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Answer:
ROE - 20.8%
ROA - 9.88%
RNOA - 20.33%
Explanation:
ROE = Net income / Average shareholder equity
Average shareholder equity = 48,633 + 46,878 / 2 = 47,770.50
ROE = 9,938 / 47,770.50
ROE = 20.8%
ROA = Net Income / Average Total Assets
Average total assets = 110,903 + 90,266 / 2 = 100,584.50
ROA = 9,938 / 100,584.50
ROA = 9.88%
RNOA = NOPAT / Average net Operating Assets
Average net Operating Assets = 56,535 + 51,447 / 2 = 53,991
NOPAT = Net Operating income before tax - Tax expense
NOPAT = 13,871 - 2,896 = 10,975
RNOA = 10,975 / 53,991
RNOA = 20.33%
Answer:
A. Its efficiency in creating its product
Explanation:
Productivity describes various measures of the efficiency of production. Often, a productivity measure is expressed as the ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time