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jasenka [17]
3 years ago
10

Two workers have the job of placing plastic labels on packages before the packages are shipped out. The first worker can place 1

000 labels in 30 minutes. The second worker can place 850 labels in 20 minutes. Which worker is more productive?
Business
1 answer:
monitta3 years ago
3 0

Answer:

The correct answer is: The second worker.

Explanation:

Productivity is an economic term describing the relationship between outputs as compared to inputs needed to produce those outputs. It is a measure of efficiency. Typically inputs are raw materials, labor, and capital assets. Outputs are generally expressed as either revenue or total units of finished goods.

In the example, a form to measure each worker's productivity is comparing how many plastic labels they can place per hour. Thus:

  • Worker 1: <em>1000 per 1/2 hour (30 minutes) </em>
  • Worker 1: <em>2000 per 1 hour  </em>

  • Worker 2: <em>850 per 1/3 hour (20 minutes)</em>
  • Worker 2: <em>2550 per 1 hour </em>

Then, the second worker is more productive.

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A company earned $7,605 in net income for October. Its net sales for October were $19,500. Its profit margin is:
vivado [14]

Answer: 39%

Explanation:

From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.

To calculate its profit margin, we have to divide the net income by the net sales. This will be:

= 7605/19500

= 0.39

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Which of the following is not an example of a liability?
finlep [7]
D , because liability means to be responsible for something, especially by law.
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2 years ago
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7. The management accountant for Giada's Book Store has prepared the following income statement for the most current year: Cookb
vekshin1

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Travel Book

Sales= $164,000

Cost of goods sold= (67,000)

Contribution margin= 97,000

Order and delivery processing (25,000)

Net income= 72,000

Rent and allocated corporate costs remain constant in both decisions (drop or not). Therefore, they are irrelevant.

<u>Now, if the travel book product line was discontinued, the company's net income would have decreased by $72,000</u>

8 0
3 years ago
Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has a f
natulia [17]

Answer:

YTM = 4%

Explanation:

Company (Ticker) Coupon  Maturity   Last Price    Last Yield      EST Vol (000s)

IOU (IOU)                6       Apr 19, 2034  111.44              ?                     1,851

<u />

<u>Determine the yield to maturity </u>

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years to maturity = 2034 - 2018 = 16 years

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Rate = 2% ( excel function : RATE(32,60,-2228.8,2000)

hence YTM = 2% * 2 = 4%

6 0
3 years ago
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