1. A company has gathered the following financial information for itself and a competing firm. It wants to compare productivity for the two firms (all numbers in 000s). Labor Plant and equipment Energy Materials Sales Firm A 530,000 200,000 17.500 200,000 1,200,000 Firm B $16,000 150,000 20,500 180,000 900,000 Compute partial and total factor productivity measures for Firms A and B. b. What is the picture you get of the two firms? c. What would you suggest to the management of Firm B? 2. For the firms in Problem 1. you have been asked to make a report to the management of Firm A. What are some of the caveals relating to accounting practices would you include in the report? Which num. bers should be interpreted cautiously? 3. For the data in Problem I suppose that Firm Bis a foreign firm. What additional caveats would you place on interpretation of the data