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Rognstad Corporation Would Like to Determine the Relative Profitability of a Number

question 17

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Rognstad Corporation would like to determine the relative profitability of a number of jobs. For illustration purposes, the company has provided the following data for job M38S: Rognstad Corporation would like to determine the relative profitability of a number of jobs. For illustration purposes, the company has provided the following data for job M38S:   What is the profitability index for job M38S? A)  $360 per hour B)  0.20 C)  0.40 D)  $144 per hour
What is the profitability index for job M38S?


Definitions:

Legally Accountable

Being responsible or answerable in law; legally obligated to face the consequences of one's actions or decisions.

Concentration

Term applied to designated groups whose numbers in a particular occupation or level are high relative to their numbers in the labour market

Protected Class

Groups of people legally protected from discrimination and harassment, based on characteristics such as age, race, gender, religion, and disability.

Labour Market

The supply and demand for labor, where employees provide the supply and employers create the demand.

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