Zyskowność a produktywność w procesie pomiaru dokonań podmiotu gospodarczego
Profitability vs. productivity in the process of assessment of the company achievements

Summary/Abstract: Cost accounting is among others some quantitative description of manufacturing processes. Using algebraic notations of variables appearing in cost accounting one can describe production by the function of many arguments. Considerations lead to findings of an important factor, namely wage productivity. The wage productivity can represent the value of several crucial ratios that characterize economic condition of an enterprise. As shown in the paper, wage productivity Q is the composition of couple of ratios. Its growing value is the strong premise to the opinion of the good management in the company and good condition of the whole company. It can also serve as the most important factor in the process of assessment of the financial standing of the company what has been proved in the paper on the basis on manufacturing company financial data.

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