Answer:
d. 15 chairs/worker/day
Explanation:
Given that
Average of standard dining chairs = 450
Number of employees = 6
Number of days in a week = 5
So, The formula and the computation of the labor productivity of this operation is presented below:
Labor Productivity = Output ÷ Labor Input
where,
Output = 450 standard dining chairs
Labor output = 6 employees × 5 days in a week = 30
So, labor productivity is
= 450 ÷ 30
= 15 chairs per worker per day
Answer:
b. $150,000
Explanation:
The computation of the working capital is shown below:
= Total current assets - total current liabilities
= $370,000 - $220,000
= $150,000
We simply applied the above formula
And, the same is to be considered
Hence, the working capital is $150,000
Therefore the correct option is b. $150,000
All the other options are wrong.
Answer:
present value = $7402.49
Explanation:
given data
time = 4 year
ordinary annuity = $2,250
interest rate = 5%
solution
we get here present value that is for 4 year with end of year $1,550 will be as
present value = 
...............1
here C1 to C3 is $2,250 and C4 is $1,550 and r is rate i.e 0.05
put here value and we will get as
present value = 
present value = $7402.49
Answer:
See the explanation below.
Explanation:
The Accounting Officer,
ABC Co.,
12, Ogbere Road,
Ibadan, Nigeria.
28 July 2019
Dear Mr. James,
Re: Refund of $2,000 Excess Receipt and Rent Adjustment
Kindly take this as response to your request for a refund of $2,00 for extra rent that was paid in June.
After a careful examination of my bank statement, I discovered that my account was credited twice with the sum of $2,000 for the rent due to a bank error.
The adjustment is hereby made as follow:
<u>Details $ </u>
Amount received 4,000
Refund of excess payment <u> (2,000) </u>
Actual rent paid <u> 2,000 </u>
Kindly find enclosed in this letter an amount of $2,000 as the refund of the excess payment.
I look forward to receiving your response and acknowledgment of the receipt of the refund.
Yours sincerely,
Amcool.
