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3 years ago

Productivity is the

Business

1 answer:

Lunna [17]3 years ago

5 0

Answer:

The correct answer is option a.

Explanation:

Productivity can be defined as a measure of the efficiency of a person, factory, machine, system, etc, to convert inputs into outputs. In other words, it is the rate of output per unit of input.

Productivity is an important determinant of living standards. A higher level of productivity means better living standards. This implies that growth in productivity is the key determinant of growth in living standards.

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Eleanora offers Flossy the amount of an investment in Flossy’s start-up business venture if she marries Eleanora’s son Glenn. Th

boyakko [2]

Answer:

this promise is enforceable only if it is agreed upon in writing

Explanation:

In the scenario described in the question it can be said that this promise is enforceable only if it is agreed upon in writing. This is because by putting it in writing all details of the contract are displayed for both parties to read/analyze and decide whether they actually want to agree to this agreement/contract or not. Once the contract is signed and agreed upon by both parties it can then be completely enforced because both parties knew exactly what they were getting into at the time of signing.

5 0

3 years ago

Cash-basis vs. accrual-basis accounting?

ki77a [65]

The cash method accounts for revenue only when the money is received and for expenses only when the money is paid out. On the other hand, the accrual method accounts for revenue when it is earned and expenses goods and services when they are incurred. ... Accrual accounting is the most common method used by businesses.

4 0

4 years ago

Over/Under: Alpha failed to record AJEs for $500 interest earned from a note receivable and $700 interest incurred from a note p

Simora [160]

Answer:

Alpha

The effects on assets, liabilities, and net income are as follows:

Assets are understated by $500

Liabilities are understated by $700

Net income is overstated by $200

Explanation:

a) Data and Calculations:

Interest earned from a note receivable = $500

Interest incurred from a note payable = $700

Failure to record these has the following effects:

Assets are understated by $500 (< $500)

Liabilities are understated by $700 (< $700)

Net income is overstated by $200

b) Adjusting Journal Entries (AJEs) ensure that the accounts are up-to-date in accordance with the accrual concept of financial accounting. The accrual concept requires that transactions affecting a financial period must be reported in the affected period. This implies that expenses incurred must be recognized in the period they are incurred and not when cash is paid. Similarly, revenue earned must be recognized in the period they are earned and not when cash is received.

8 0

3 years ago

PLEASE HELP!!! ASAP!!Which of the following is a reason to approach smaller banks for a business loan? Question 5 options:

Lelu [443]

Their criteria for approving a loan are much less stringent than those for larger banks.

Hope this helps! :)

5 0

4 years ago

An owner of a large ranch is considering the purchase of a tractor with a front-end loader to clean his corrals instead of hirin

asambeis [7]

Answer:

1) none of the above $3828.57 ( E )

2) $1143 ( c )

3) $24571 ( A )

4) $17142.86 ( E )

5) 12% ( B )

6) $410 ( B )

7) $2744.95 ( f )

8) $17,489 ( c )

9) $24282.36 ( F )

10) 867

Explanation:

1) The annual after-tax net returns

net income = cash flow - depreciation

= $10500 - $\frac{cost of equipment}{estimated life}$ = 10500 - (40000/7) = $4785.71

calculate the annual net after tax returns = net income * (1 - Tax rate ) = 4785 * (0.80) = $3828.57

2) Tax savings from depreciation

Tax savings from depreciation = Depreciation amount * Tax rate

= $(\frac{equipment cost}{estimated life} ) * Tax rate$

= (40000/7) * 0.2 = $1142.86 ≈ $1143

3) After tax terminal value in three years

Sale value = $25000,

Book value = 40000 - ( 5714.29 * 3 ) = $22857.13

Gain on sale = sale value - book value = $2142.87

tax rate = gain on sale * tax rate = 2142.87 * 0.2 = $428.57

Terminal value = sales value - tax rate = 25000 - 428.57 ≈ $24571

4) Accumulated depreciation over the three years

= depreciation amount * 3 years

=5714.29 * 3 = $17142.86

5) After tax discount rate

= discount rate * (1 - tax rate )

= 15% * 0.80 = 12%

6) Present value of the after-tax net returns

SOLUTION attached below

7) Present value tax savings from depreciation

= Tax savings from depreciation / ( 1+r)^n note ; n = 3

= $1142.86 / ( 1 + 0.12 )^3 = $2744.95

8) present value of the after-tax terminal value

Pv of terminal value = Terminal value / ( 1 + r ) ^n

= $24571.43 / ( 1 + 0.12 ) ^3 = $17,489

9) Net present value

= net cash flows / ( 1 + r ) ^n

= 34114.29 / ( 1 + 0.12) ^3

= $34114.29 / 1.4049 = $24282.36

7 0

3 years ago