Accounting and Finance Foundations

Unit 11

Accounting and Finance Foundations Unit 11: Financial Analysis 864

Financial Analysis

Chapter 25

Student Assignment

25.1.1 Productivity: Efficiency & Effectiveness

Word Problems

1. If Jess made 400 products in a day and eight of those are considered defective, is Jess considered
   effective or ineffective? The company allows for a five-percent defective rate.

Percent defective: __________

Effective or Ineffective: __________

2. If Robert made 600 shirts in a day and 30 of those are considered defective, is Robert considered
   effective or ineffective? The company allows for a four-percent defective rate.

Percent defective: __________

Effective or Ineffective: __________

3. If Mason made 500 pairs of pants in a day and 15 of those are considered defective, is Mason
   considered effective or ineffective? The company allows for a five-percent defective rate.

Percent defective: __________

Effective or Ineffective: __________

4. If Annie made 400 pair of jeans in one day and four of those are considered defective, is Annie
   considered effective or ineffective? The company allows for a four-percent defective rate.

Percent defective: __________

Effective or Ineffective: __________

5. If Jordan made 200 purses in one week and five of those are considered defective, is Jordan
   considered effective or ineffective? The company allows for a two-percent defective rate.

Percent defective: __________

Effective or Ineffective: __________