[Step-by-Step] The Prescott Electric Windings Company, which produces medium-scale electric motors for the fishing industry, is concerned about their number of
Question: The Prescott Electric Windings Company, which produces medium-scale electric motors for the fishing industry, is concerned about their number of orders over the past several years. Marty Sturgeon, general manager said, " With this decrease in orders I’m worried that I’m going to have to lay some people off. " We need to figure out if the electric windings company is in actual trouble, or is it just the imagination of Marty.
- First complete the following Index Number Table.
| Year | Number of Electric Motors Produced |
Index
(Base year 2002) |
Profit per Electric Motor Sold |
| 2001 | 25,450 | $135.00 | |
| 2002 | 26,250 | 100 | $139.00 |
| 2003 | 25,750 | $145.00 | |
| 2004 | 25,250 | $149.00 | |
| 2005 | 24,900 | $152.00 | |
| 2006 | 24,750 | $160.00 | |
| 2007 | 24,500 | $167.00 |
Deliverable: Word Document 