Year 1: Sales revenue in $ million is 300, Operating profit in $ millions is...
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Accounting
Year 1: Sales revenue in $ million is 300, Operating profit in $ millions is 60. Year 2: Sales revenue in $ miliion is 400, Operating profit in $ million is 100. Year 3: Sales revenue in $ million is 500, Operating profit in $ millions is 90.
what is the total factor productivity for year 2?
a. 1.250
b. 1.333
c. 1.220
d. none of the above
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