Nagel Corporation and Connors Company are computer companies. Comparative data for 20X1 and 20X5 are given below.
Assume that each 20X1 dollar is equivalent to 1.60 of the 20X5 dollars, due to inflation.
-What is Nagel's 20X1 revenues per employee in terms of 20X5 dollars?
A) $2,240.00
B) $1,400.00
C) $1,428.57
D) $1,200.00

Question

Nagel Corporation and Connors Company are computer companies. Comparative data for 20X1 and 20X5 are given below.
  Assume that each 20X1 dollar is equivalent to 1.60 of the 20X5 dollars, due to inflation.
-What is Nagel's 20X1 revenues per employee in terms of 20X5 dollars?
A) $2,240.00 
B) $1,400.00 
C) $1,428.57 
D) $1,200.00

Quizplus · Accepted Answer

The Answer of Nagel Corporation and Connors Company are computer companies. Comparative data for 20X1 and 20X5 are given below.
  Assume that each 20X1 dollar is equivalent to 1.60 of the 20X5 dollars, due to inflation.
-What is Nagel's 20X1 revenues per employee in terms of 20X5 dollars?
A) $2,240.00 
B) $1,400.00 
C) $1,428.57 
D) $1,200.00

Nagel Corporation and Connors Company Are Computer Companies