How much did chesters productivity improvements save

Assignment Help Financial Management
Reference no: EM131514757

Refer to the HR Reports in the Inquirer. Through past investments in recruiting and training Chester has obtained a productivity index of 109.5%. This means that Chester's labor costs would be increased by 9.5% if it did not have these productivity improvements. This is a competitive advantage that Chester can sustain or even widen further if its competitors have no HR initiatives. Now, refer to the Income Statement in Chester's Annual Report. How much did Chester's productivity improvements save it in direct labor costs (in thousands) last year?

$3,084

$3,160

$806

$29,644

Reference no: EM131514757

Questions Cloud

Property for purposes of calculating gain would be : Ragan’s basis in the property for purposes of calculating gain would be:
Most risk of needing emergency loan : Which of the following activities will expose Baldwin to the most risk of needing an emergency loan?
Fair market value of interest retained by grantor of grat : The fair market value of the interest retained by the grantor of a GRAT is subject to gift tax.
Coupon bonds on the market with six years left to maturity : Ackerman Co. has 7 percent coupon bonds on the market with six years left to maturity. The bonds make annual payments
How much did chesters productivity improvements save : How much did Chester's productivity improvements save it in direct labor costs (in thousands) last year?
Potential investment risk be viewed as an investment : We look previously at the organization scip.org Can intelligence about a potential investment risk be viewed as an investment.
Indifferent between accepting the project and not accepting : what level of pretax cost savings would you be indifferent between accepting the project and not accepting it?
What is firms fundamental or intrinsic value : What is a firm’s fundamental, or intrinsic value,
According to the government accountability office : According to the Government Accountability Office (GAO), if the U.S.Postal Service does not change its business model,

Reviews

Write a Review

Financial Management Questions & Answers

  Convert the standard return into a log return

Suppose that, over a 125 day period, Mike Inc.'s stock price experienced (positive) Standard Returns of 12%. Convert the Standard Return into a Log Return. What would the annualized Standard Return be?

  About the excess capacity

Walter Industries has $7 billion in sales and $2.8 billion in fixed assets. Currently, the company's fixed assets are operating at 95% of capacity. What level of sales could Walter Industries have obtained if it had been operating at full capacity? W..

  What is your bonds rate of return over the year

You buy a(n) 6.6% coupon, 7-year maturity bond for $964. A year later, the bond price is $1,104. Assume coupons are paid once a year and the face value is $1,000. What is your bond's rate of return over the year?

  Profit margins and turnover ratios

Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between a grocery chain such as Safeway and a steel company? Think particularly about the turnover ratios, the profit margin, and the Du P..

  What is the annual percentage rate on your account

You are paying an effective annual rate of 14.50 percent on your credit card. The interest is compounded monthly. What is the annual percentage rate on your account?

  Loan origination fee-the loan value

30 years mortgage at 5% per year with 10% down payment. Loan origination fee 1% of the loan value. Taking over the owner mortgage that has another 23 years to run on an initial value of $85,000, at 4% per year. In order to take over the mortgage, you..

  Which loan has the lowest annual cost

Last national bank is offering you a loan at 10%; payments on the loan are to be made monthly. Credit Onion is offering you a loan where payments are to be made semi-annually; the rate on the loan is also 10%. A local bank down the street is also off..

  What is the change in average selling price for desktops pcs

What is the total revenue for dell? what is the change in the average selling price for desktops pcs?

  Effect of factors on changes in currency exchange rates

Determine the effect of the following factors on changes in currency exchange rates, providing examples using the rate of exchange between two currencies.

  Assume dividends will continue to grow at rate similar

Over the past 5 years, NBA’s common stock earnings per share have grown from $0.62 to $0.91. If an investor in NBA stock is assumed to have a required rate of return of 14%, what is the estimated value of NBA if its current dividend is $0.12? Assume ..

  Estimate of stock current market value

Nachman Industries just paid a dividend of D0 = $3.75. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00%. What..

  Using the same circumstances

You are selling a tractor for dollar 10,000. The buyer can pay dollar 3,000 now, dollar 2, 500 new year, dollar 1, 500 in two years, and dollar 3,000 in three years. If you require an 8% interest rate, would you accept offer? Using the same circumsta..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd