London Limited estimated that its productivity in the year 2013 was 180 packages of cookies per labor hour. In 2014, London estimated its productivity as 145 packages of cookies per labor hour. What is London’s productivity growth rate from 2013 to 2014?

a. -19.4%
b. 35%
c. -35%
d. 19.4%


a. -19.4%

Business

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Answer the following statement true (T) or false (F)

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ANS, Inc has 50,000 shares of common stock outstanding and 2,000 shares of preferred stock outstanding

The common stock has a $1.00 par value. The preferred stock has a $100 par value, a 5% dividend rate, and is noncumulative. On October 31, 2017, the company declares the annual preferred dividend and dividends of $0.25 per share for common. Prepare the journal entry for the declaration of dividends. What will be an ideal response

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