<span>Systematic indoctrination of fresh associates in the tradition's basics, regular recurrence of central costs through higher managers and team associates, and usual rituals honoring associates who show required cultural behaviors</span>
Answer:
Debit Cash Account $12,000
Credit Unearned Revenues Account $12,000
Being advance payment for marketing research services by Anderson
Explanation:
Revenue received before it is earned are reported as liability until it is earned, this is consistent with accrual basis of accounting. when payment for service not yet performed or goods not yet delivered is received, such a payment must not recognized in the period of payment but in the period when that service is preformed or when the goods are delivered.
The treatment for advance payment of income is a debit to cash or bank and a credit to unearned revenues account or income received in advance account.
Answer:
Therefore, we can conclude that:
the marginal product of the third worker is 9.
Explanation:
a) Data and Calculations:
The productivity of first worker = 24
Increase in productivity from second worker = 18
Increase in productivity from third worker = 9
b) The marginal product or productivity of a worker shows the increase in productivity as a result of hiring an additional worker. To obtain the marginal product, we first calculate the change in output as a result of the change in the input of the particular resource. Then, this change in output is the marginal product.