Blossom & Associates maintains its records on the cash basis. You have been engaged to convert its cash basis income statement to the accrual basis. The cash basis income statement, along with additional information, follows: Blossom & Associates
Income Statement (Cash Basis)
For the Year Ended December 31, 2020
Cash receipts from customers
$434,400
Cash payments:
Salaries and wages $168,800
Income taxes 68,500
Insurance 38,900
Interest 29,100 305,300
Net income
$129,100

Additional information:

Balances at 12/31
2020 2019
Accounts receivable
$47,200
$28,400
Salaries and wages payable
10,500 19,100
Income taxes payable
25,900 18,000
Prepaid insurance
9,900 4,100
Accumulated depreciation
89,900 85,200
Interest payable
2,730 9,200

No plant assets were sold during 2020.

Prepare the income statement as per accrual basis.

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.

Someone knows the answer i need in the exam

If you were running a company, what are at least two things you could do to improve its productivity.