HSH is a manufacturer of components for a major automotive producer. In 2012, HSH produced 12,000 units. In 2013, the company produced 14,000 units. HSH estimated that it spent $1.5 million to produce the units in 2012 and $1.7 million to produce the units in 2013. What was HSH’s labor productivity growth rate from 2012 to 2013?
a. 2%
b. -2%
c. -2.9%
d. 2.9%
d. 2.9%
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Blanton Corporation purchased 17% of the outstanding shares of common stock of Worton Corporation as a long-term investment. Subsequently, Worton Corporation reported net income and declared and paid cash dividends. What journal entry would Blanton Corporation use to record the purchase of Worton Corporation common stock?
A) debit Investment in Worton Corporation; credit Cash B) debit Cash; credit Dividend Revenue C) debit Investment in Worton Corporation; credit Income of Worton Corporation D) debit Cash; credit Investment in Worton Corporation
Business professional services
A. are generally treated as expense items. B. support a firm's operations. C. may not be purchased outside the firm if they are needed regularly. D. are offered by a growing number of specialists. E. All these answers are correct.
A promissory note payable to "bearer" is not negotiable.
Answer the following statement true (T) or false (F)
Condominium ownership is not fee simple ownership
Indicate whether the statement is true or false