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Home Depot and Lowe's Are Two Companies in the Same

Question 132

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Home Depot and Lowe's are two companies in the same industry.Comparative data for two years are given below:
Home Depot and Lowe's are two companies in the same industry.Comparative data for two years are given below:    Assume each 20X1 dollar is equivalent to 1.90 of each 20X6 dollar due to inflation. Required:  A)After considering inflation,compute the revenue per employee for each company for 20X1 and 20X6. B)What is the change in productivity between the five years for each company? Assume each 20X1 dollar is equivalent to 1.90 of each 20X6 dollar due to inflation.
Required:
A)After considering inflation,compute the revenue per employee for each company for 20X1 and 20X6.
B)What is the change in productivity between the five years for each company?

Correct Answer:

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A)Home Depot: 20X1: ($905,520 x 1.90)/1,...

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