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hoa [83]
3 years ago
10

Productivity is expressed as:________ A. output plus input B. output minus input C. output times input D. output divided by inpu

t E. input divided by output
Business
1 answer:
Lynna [10]3 years ago
5 0

Answer:

D. Output divided by input

Explanation:

Productivity refers to how factors of production such as rent , land, labor and capital are combined efficiently to produce certain output in an economy. It is usually measured as output ratio divided by input ratio.

In other words, productivity means output gotten as a result of inputs added or given. For example, if 10 oranges are used to produce 3 litres of orange juice, then the productivity is the 3 litres of orange juice. However, if same number of oranges is used to produce say 4 litres of orange juice, we can safely say that the person who produces 4 litres of orange juice is more productive.

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If Indiana Ink, Inc. has net sales of $400,000 and cost of goods sold of $300,000, Indiana Ink's gross profit rate is:
Mkey [24]

Answer:

Gross profit rate= 0.25

Explanation:

Giving the following information:

Indiana Ink, Inc. has net sales of $400,000 and the cost of goods sold of $300,000.

<u>To calculate the gross profit rate, we need to use the following formula:</u>

Gross profit rate= gross profit / sales

Gross profit= sales - COGS

Gross profit rate= 100,000/400,000

Gross profit rate= 0.25

8 0
4 years ago
Treasury Stock Transactions SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On M
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Answer: Please see explanation column for answers.

Explanation:

a)Journal to record the  transactions of SprayCo Inc.

Date                 Account                                 Debit                 Credit

march 9   Treasury stock (62,000 x $51)  $3,162,000

           Cash                                                                            $3,162,000

June 9      Cash  (48,000 x $60)             $2,880.000

     Treasury stock (48,000 x $51)                                       $2,448,000    

Paid in Capital from sale of treasury stock                          $432,000  

 ($2,880.000- $2,448,000 )  

Nov 13      Cash  (7,500 x $54)                  $405.000

     Treasury stock (7,500 x $51)                                          $382,500    

Paid in Capital from sale of treasury stock                          $ 22,500

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b)balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year =$432,000  form June 9 +   $ 22,500 from November 13 =$454,500

6 0
4 years ago
The catalyst for the market revolution was a series of innovations in
lord [1]

The innovation of Transportation and Communication act as catalyst for Market Revolution in the 18th Century.

The term "Market Revolution" describes a fundamental transformation to the U.S. economy in the 18th and 19th Century as a result of widespread mechanization of industry and the expansion of various domestic and foreign economic markets.

The revolution brought about an explosive economic growth and new personal wealth in the country.

The impact of the transportation and communication industry brought about the increased improvement in Market Revolution because its speed and lowered the expense of commerce during the period.

Therefore, in conclusion, the Transportation and Communication are the catalyst for the Market Revolution.

Learn more about Market Revolution here

<em>brainly.com/question/8173033</em>

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According to thinking like an economist, economists increasingly believe that the key to progress in macroeconomics lies in
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It is the consumers         
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What government agency seeks to protect consumers and promote
yawa3891 [41]

Answer:

A : the FTC

Explanation:

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5 0
2 years ago
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