Question: Refer to the information in Exercise 13 23 In exercise REQUIRED 1 Calculate

Refer to the information in Exercise 13-23.
In exercise
REQUIRED
1. Calculate the change in operating income of Snyder Corporation in 2012 and 2013.
2. Calculate the growth, price-recovery, and productivity components of changes in operating income between 2012 and 2013.
3. Comment on your answer in requirement 2. What do these components indicate?



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