ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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PRODUCTIVITY Definition

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PRODUCTIVITY is a measured relationship of the quantity and quality of units produced and the labor required per unit of time.

 

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T&M is Time and Materials.

CURRENT DEBT TO TOTAL DEBT shows Current Liabilities as a percent of Total Debt. Smaller firms carry proportionally higher level of current debt to total debt than larger firms. Formula: Total Current Liabilities / Total Liabilities


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