Suppose That Weekly Output Is Worth $1000, and Labor and Materials

question 53

Multiple Choice

Suppose that weekly output is worth $1000, and labor and materials costs are $300 and $200, respectively. What is the multifactor productivity ratio?

• A) 1000
• B) 8
• C) 2
• D) 3
• E) 0.5

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Definitions:

Cash Proceeds

The total amount of cash received from transactions, often from the sale of assets or issuance of stock.

Paid-In Capital

Funds received by a company from selling its equity shares to investors, over and above the par or stated value of the shares.

Issuing Stock

The process of offering new shares of a company's stock to investors.

Stated Value

A nominal value assigned to a share of stock by the company's board of directors, which is not related to the market value of the stock.