In 2011 Buckeye Brewing Produced 1,000 Bottles of Ginger Ale

question 81

Multiple Choice

In 2011 Buckeye Brewing produced 1,000 bottles of ginger ale each day.It employed 10 workers each working 8 hours a day.In 2012 it produced 960 bottles of ginger ale each day employing 8 workers who worked 8 hours each day.Productivity at Buckeye Brewing

• A)increased by 20%.
• B)increased by 16.67%.
• C)decreased by 1.67%.
• D)decreased by 40%.

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Definitions:

Annual Interest Rate

The percentage of interest you earn or pay on an investment or loan over a year, not accounting for compounding.

Interest Receivable

An accounting term for interest income that has been earned but not yet received in cash.

Common Stock

Common stock represents ownership shares in a corporation, giving shareholders voting rights and a residual claim on the corporate earnings in the form of dividends.

Par

The face value of a security or bond, which is the amount paid back to the investor when the security or bond matures.