Answer:
D) 25%
Explanation:
Productivity can be described as a measure of profitability of the work done by a company. For example a sales department may measure productivity by number of closed sales in a week.
In this instance the cleaning company will consider cost reduction an increase in productivity.
They were using 10 lbs each for house A, B, and C (30 lbs). An additional 10 lb is used increasing total chemicals used to 40 lb.
The increase in chemical usage is a drop in productivity for the company as they are spending more.
The percentage drop in productivity is a proportion of the additional quantity of chemical to total chemicals used.
Percentage drop in productivity= (10/40)*100= 25%
Answer:
B. In a single payment, and the collateral is returned
<u>Multiple-choices</u>
A. In multiple payments, and collateral is retuned
B. In a single payment, and the collateral is returned.
C. The lender sells the item to pay off the interest.
D. The lender cashes a postdated check.
Explanation:
A pawn-loan is a credit facility based on collateral provided. Pawnshop issues pawn-loans without any credit history checking. The borrower presents an item of value, either jewelry, electronics, mobile gadgets, or other items resellable to other customers.
A pawnshop typically issues short term loans. The credit period is mostly 30 days. The borrower is should to repay the loan amount plus interest by end of month to redeem their collateral. Due to the short credit period and the high risk of lending, pawnshops do not usually allow installment repayments.
Answer:
A. internal rate of return.
Explanation:
Net present value method: In this method, the initial investment is deducted from the cash inflows of the discounted present value. If the sum comes under positive than the project would otherwise not be beneficial to the company.
The internal rate of return is that return in which the net present value is zero, meaning that the initial investment is equal to the present value of the annual cash flows after taking into account the discount factor
Moreover, the IRR could be in multiples also i.e multiple IRR.
Answer:
Net Income understated by $20,000
Explanation:
In the first year, closing inventory was overstated by $80,000. The implications of the above would be,
Net Income for the first year would be overstated by $80,000
In the Second year,
Opening Stock would be overstated by $80,000
Due to this, cost of production stands overstated by $80,000.
Now, given in the question that closing stock for second year is overstated by $60,000 i.e profits are overstated by $60,000.
This means, the net effect on profits would be, $80,000 less $60,000 i.e $20,000 understated profits for the second year.
