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Sergeu
14 days ago
14

If you owe suppliers $240 and typically buy $40 worth of products per day, then your Days Payable equals _____________, fill in

the blank,.
Business
You might be interested in
Which are the most likely uses of capital invested in a business? Check all that apply.
Scilla [3833]

I think the answer is: hiring employeesproducing items

distributing items

acquiring materials

A capital investment is mainly made to acquire and boost income, which is why significant amounts are commonly allocated to advertising, production, and distribution. Paying taxes and returning funds to investors occurs post-income, rather than upfront.

8 0
1 month ago
Read 2 more answers
Larry's Auto Body Repair Shop had revenues that averaged $60,000 per week in April and $50,000 per week in May. During both mont
Nady [3600]

Answer:

-2.3%

Explanation:

Labor productivity is a measure of the output generated per unit of labor.

  • labor productivity = total output / total labor hours

Total labor hours in April = (6 employees x 40 hours) + (4 employees x 25 hours) = 340 hours. Thus, labor productivity in April: total output = $60,000 / total labor hours = $176.47 per labor hour.

Total labor hours in May = (6 employees x 40 hours) + (2 employees x 25 hours) = 290 hours; thus labor productivity in May = total output / total labor hours = $50,000 / 290 hours = $172.41 per labor hour.

The change in labor productivity is calculated as follows: ($172.41 - $176.47) / $176.47 = -2.3%.

8 0
2 months ago
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