If Inputs Increase by 10% and Outputs Increase by 4

question 10

Multiple Choice

If inputs increase by 10% and outputs increase by 4%, what is the percentage productivity increase?

• A) 5.45%
• B) 250.00%
• C) - 5.45%
• D) 5.77%
• E) - 5.77%

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Definitions:

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and due dates.

General Journal Entries

General journal entries are records of financial transactions in the general journal as part of the double-entry bookkeeping system, noting the accounts and amounts debited and credited.

Returned Merchandise

Returned merchandise involves items that have been sold and then later returned by the customer, typically requiring the business to refund the customer's money or exchange the product.

General Journal Entry

The basic method of recording financial transactions, involving debits and credits, in the general journal.