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2 years ago

Why is labour productivity important for some businesses?

Business

1 answer:

Verizon [17]2 years ago

6 0

Answer:

Labor productivity is directly linked to improved standards of living in the form of higher consumption.

Explanation:

As an economy's labor productivity grows, it produces more goods and services for the same amount of relative work.

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Oriole Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $28

Tju [1.3M]

Answer:

Dr. Bad debt expense. $11,200

---------To Allowance for doubtful accounts $11,200

Explanation:

Given that:

Accounts receivable balance = $280,000

Total credit sales = $2,810,000

5% of accounts receivables will be bad debt = $280,00 × 5% = $14,000

Credit balance allowance for doubtful account = $2,800 and it must increase to $14,000 I.e $14,000 - $2,800 = $11,200

Adjusting journal entry

Dr Bad debt expense $11,200

-------- Cr Allowance for doubtful accounts $11,200

8 0

3 years ago

The first step in establishing training and development programs is to:

dexar [7]

The first step in establishing training and development programs is to do a needs assessment. This will provide data on what is needed and what is wanted.
There isn't any sense to developing training, if no one needs or wants it.

8 0

2 years ago

Managers choose the manufacturing location for each product based on where the best combination of cost, quality, and technology

Bingel [31]

Answer:

The correct answer is letter "D": rationalization.

Explanation:

Rationalization refers to the restructuring of a company in terms of changing its operational processes, strategy, or corporate size on an attempt of increasing its efficiency. That stage is reached by reducing costs and increasing profits. The introduction of a new product could push a firm to rationalize whether to expand or cut part of its operations.

5 0

3 years ago

Saddleback manufacturing ltd. purchased 5,000 shares of its own previously issued $10 value common stock for $95,000. Thes 5,000

kramer

Answer:

The Purchased 5,000 shares at $95,000 would be considered as <u>Treasury stock</u> and it will be treated as <u>Asset</u>

Explanation:

Journal Entry Debit Credit

Treasury stock $95,000

Cash $95,000

The 5,000 shares should be considered as authorized , issued and outstanding shares although they are deducted from paid in capital under stockholders equity section.

7 0

3 years ago

Yarin's gross pay for the year was $3,500. The federal income tax withholding from his pay was 9% of his gross pay. Yarin determ

kakasveta [241]

Answer:

$200

Explanation:

5 0

3 years ago