Hit-It Produces 320 Baseball Bats Per Day Using 2 Workers

question 16

Multiple Choice

Hit-It produces 320 baseball bats per day using 2 workers who each work 8 hours per day.What is Hit-It's productivity?

• A)320 baseball bats
• B)160 baseball bats per hour
• C)20 baseball bats per hour
• D)None of the above is correct.

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Definitions:

Interest Rate

The percentage of a loan that is applied as interest for the borrower, usually shown as an annual rate.

Account

A record summarizing all the transactions pertaining to a particular item in the financial statements.

Annual Rate

The interest rate stated on a yearly basis, often used in the context of savings accounts, loans, or investments to represent the yearly cost or return.

Return

The fiscal upwards or downwards movement in the value of an investment over a defined period, portrayed as a percentage of the investment’s beginning expense.