Partial Financial Productivity Use the data for Ashley Technology Inc. in Problem 16-41 to complete the requirements. (In your calculations, use 6 significant digits after the decimal point.)
Required
1. Compute the partial financial productivity ratios for 2015 and 2016.
2. On the basis of the partial financial productivity ratios you computed, what conclusions can you draw about the firm’s productivity in 2016 relative to 2015?
3. Separate the change of the partial financial productivity ratio from 2015 to 2016 into productivity changes, input price changes, and output changes.
4. Does the detailed information provided by separating the change of the partial financial productivity ratio offer any additional insight into the relative productivity for either 2015 or 2016?
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