The following data (all in billions $) were the sales and costs (excluding selling and general and administrative costs) of McDonald’s for company-operated restaurants (i.e., excluding franchise restaurants) during a three-year period.
|
McDonald's |
Year 3 |
Year 2 |
Year 1 |
|
Sales |
16.6 |
16.6 |
15.5 |
|
Operating costs food & paper |
5.5 |
5.9 |
5.2 |
|
Occupancy (lease, etc) |
3.9 |
3.8 |
3.5 |
The following data (all in billion $) were the sales, cost of sales (= cost of goods sold), and operating and overhead expenses of Walmart during the same three-year period:
|
Walmart |
Year 3 |
Year 2 |
Year 1 |
|
Net Sales |
285 |
256 |
230 |
|
Cost of Sales (COS) |
220 |
199 |
178 |
|
Operating, selling, general & admin costs (OSGA) |
51 |
45 |
40 |
Calculate an appropriate measure of productivity for each company. (Do not round intermediate calculations. Enter the answers in billions. Round the final answers to 3 decimal places.)
|
Productivity |
Year 3 |
Year 2 |
Year 1 |
|
HBC |
|||
|
Wal-Mart |
Which company was more productive?
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The following data (all in billions $) were the sales and costs (excluding selling and general...
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