Lillian fok is president of lakefront manufacturing,

a producer of bicycle tires. fok makes 1,000 tires per day with the

following resources.

labor: 400 hours per day @ $12.50 per hour

raw material: 20,000 pounds per day @ $1 per pound

energy: $5,000 per day

capital costs: $10,000 per day

a) what is the labor productivity per labor-hour for these tires at

lakefront manufacturing?

b) what is the multifactor productivity for these tires at

lakefront manufacturing?

c) what is the percent change in multifactor productivity if fok

can reduce the energy bill by $1,000 per day without cutting

production or changing any other inputs?

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?