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Fred Corporation and Ginger Company Are Dance Companies Assume That Each 20X3 Dollar Is Equivalent to 1

Question 67

Multiple Choice

Fred Corporation and Ginger Company are dance companies. Comparative data for 20X3 and 20X6 are given below.  Fred Corporation  Ginger Corporation  Sales revenue 20×3$6,300,000$4,500,00020×67,500,0006,000,000 Number of employees 20×33,0002,25020×63,5003,250\begin{array}{llll}&&\text { Fred Corporation }&\text { Ginger Corporation }\\\text { Sales revenue } & 20 \times 3 & \$ 6,300,000 & \$ 4,500,000 \\& 20 \times 6 & 7,500,000 & 6,000,000 \\\\\text { Number of employees } & 20 \times 3 & 3,000 & 2,250 \\& 20 \times 6 & 3,500 & 3,250\end{array} Assume that each 20X3 dollar is equivalent to 1.60 of the 20X6 dollars, due to inflation. is Fred Corporation's 20X6 productivity measure in terms of revenue per employee.


A) $1,800.00
B) $3,360.00
C) $2,100.00
D) $2,142.86

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