Groucho Corporation and Harpo Company Are Movie Companies Assume That Each 20X0 Dollar Is Equivalent to 1

Multiple Choice

Groucho Corporation and Harpo Company are movie companies. Comparative data for 20X0 and 20X1 are given below. $\begin{array}{llll}&&\text { Groucho } & \text { Harpo } \\&&\text { Corporation } & \text { Company }\\\text { Sales revenue } & 20 \times 0 & \$ 8,000,000 & \$ 4,400,000 \\& 20 \times 1 & 9,600,000 & 6,175,000 \\\text { Number of employees } & 20 \times 0 & 8,000 & 5,500 \\& 20 \times 1 & 9,000 & 6,500\end{array}$ Assume that each 20X0 dollar is equivalent to 1.60 of the 20X1 dollars, due to inflation. is Groucho Corporation's 20X0 revenues per employee in terms of 20X1 dollars.

A) $1,600.00
B) $1,083.08
C) $1,422.22
D) $1,280.00