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RoseWind [281]
3 years ago
10

What is the difference between total output and labour productivity?

Business
1 answer:
harina [27]3 years ago
5 0

Answer:

Productivity is the rate of efficiency by which a company produces goods and services. Thus, output is only one part of the equation used to measure efficiency. ... If the company spends more on its input than it receives in output, it is not efficient.

You might be interested in
A property sells for $120,000. the mortgage is $90,000 and the lender charges 3 points on the loan. how much is paid for the dis
dimulka [17.4K]

The amount paid for the discount points is $2,700

What do 3 points on the loan mean?

The 3 points mean that the borrower needs to pay 3% of the loan amount in order to enjoy a lower interest on the mortgage loan, in other words, the amount paid for the discount points is 3% of the loan amount of $90,000

amount paid for the discount=points*loan amount

loan amount=$90,000(not $120,000 which is the property purchase price)

amount paid for the discount=3%*$90,000

amount paid for the discount=$2,700

Find out more about discount points on://brainly.com/question/26040338

#SPJ1

8 0
2 years ago
Jesse Livermore, Human Resources Director of GA Trading Company recently read a report on "The state of the Baby Boomer generati
mars1129 [50]

Answer: younger

Explanation:

From the question, we are informed that Jesse Livermore, Human Resources Director of GA Trading Company recently read a report on "The state of the Baby Boomer generation between the years 2011-2030," that he believes to be factually correct.

To respond to this growing trend, Jesse has created an employee program that hopes to attract and retain younger workers through a flexible schedule, training opportunities, and creative pay schedules.

5 0
3 years ago
A company factored $40,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this trans
bezimeni [28]

Answer:

Correct answer is B, Debit cash $38,800, debit factoring fee expense $1,200 and a credit of Accounts receivable of $40,000

Explanation:

Factoring is one way to raise fund for immediate use of the company. It is a way to sell accounts receivable of the company. The above-mentioned problem is to sell accounts receivable (factored) with the corresponding factoring fee of 3% and that is $1,200 (40,000 x 3%). In effect of this fee, the company will receive cash less than the amount of its accounts receivable sold. The company will record the inflow of cash at $38,800 (40,000 - 3%) and will also recognize an expense incurred during the factoring in the amount of $1,200 and finally will credit the sold accounts receivable in the amount of $40,000.

3 0
3 years ago
Gabriel Farms, one of The Fruit Guys' vendors, believes in paying its employees a "living wage," which is higher than a typical
lions [1.4K]

Answer:

Physiological needs

Explanation:

Abraham Maslow developed the need hierarchy theory of motivation.  As per him, the urge to fulfill a need by an individual serves as primary factor of motivation.

Maslow specified the following needs in their order of hierarchy i.e from lowest to highest:

  1. Basic Physiological needs: These correspond to an individuals basic needs such as food, shelter , clothing etc.
  2. Safety Needs: Refers to security needs both physically and financially.
  3. Social Needs: Refers to the need for love, affection and friendly ties.
  4. Self Esteem Needs: Refer to an individual's self respect and self confidence.
  5. Self Actualization Needs: Refers to the need of utilizing one's full potential and capability.  

In the given case, the vendor pays it's employees a higher wage than the minimum wages. These wages would help employees satisfy their basic physiological needs as conveyed by the term, "living wage".

5 0
3 years ago
Pina Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $453,600. The estimated fair val
ololo11 [35]

Answer:

Land = $75,600

Building =  $277,200

Equipment = $100,800

Explanation:

For computing the recorded amount, first we have to determine the total assets fair value which is shown below:

= Land + building + equipment

= $86,400 + $316,800 + $115,200

= $518,400

Now the recorded amount would be

For Land:

= Land ÷ Total estimated fair value × cash payment

= $86,400 ÷  $518,400 × $453,600

= $75,600

For Building:

= Building ÷ Total estimated fair value × cash payment

= $316,800 ÷  $518,400 × $453,600

= $277,200

For Equipment:

= Equipment ÷ Total estimated fair value × cash payment

= $115,200 ÷  $518,400 × $453,600

= $100,800

5 0
3 years ago
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