arious financial data for InMotion Manufacturing for 2013 & 2014 follow (in 1000s). 2013 2014 Output: Sales $1432 $1765 Inputs: Labor $40 $41 Raw Materials $45 $61 Energy $9 $11 Capital Expenses $137 $187 Other $3 $6 What is the percentage change in InMotion’s total productivity measure from 2013 to 2014? Give your answer in decimal form to 3 decimal places. For example, 0.051 and NOT 5.10%. Also, indicate a negative change like -0.051 if needed
arious financial data for InMotion Manufacturing for 2013 & 2014 follow (in 1000s). 2013 2014 Output: Sales $1432 $1765 Inputs: Labor $40 $41 Raw Materials $45 $61 Energy $9 $11 Capital Expenses $137 $187 Other $3 $6 What is the percentage change in InMotion’s total productivity measure from 2013 to 2014? Give your answer in decimal form to 3 decimal places. For example, 0.051 and NOT 5.10%. Also, indicate a negative change like -0.051 if needed
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Various financial data for InMotion Manufacturing for 2013 & 2014 follow (in 1000s).
|
|
2013 |
2014 |
Output: |
Sales |
$1432 |
$1765 |
Inputs: |
Labor |
$40 |
$41 |
|
Raw Materials |
$45 |
$61 |
|
Energy |
$9 |
$11 |
|
Capital Expenses |
$137 |
$187 |
|
Other |
$3 |
$6 |
What is the percentage change in InMotion’s total productivity measure from 2013 to 2014?
Give your answer in decimal form to 3 decimal places. For example, 0.051 and NOT 5.10%. Also, indicate a negative change like -0.051 if needed.
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