FINANCIAL INFORMATION	2021 RESULTS
Net Sales	$205,000
Cost of Goods Sold (purchased items)	$32,000
Net income after taxes	$28,200
Current assets	$68,000
Current liabilities	$22,000
Avg. Inventory value	$4,500
Inputs and Outputs
Skis Produced	1,000
Labor Hours	10,000
Lease Payments	$24,000

The Valentine Ski Company makes top-of-the-line custom snow skis for high-end ski shops and employs fifteen people at $20 per hour. Chris, the owner, wants to track several productivity performance measures using the data shown below. a. Calculate the labor productivity, lease productivity, and material productivity. b. Calculate the multiple-factor productivity. If the multiple factor productivity for 2020 was 0.004 skis/dollar, then what was the productivity growth from 2020 to 2021