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Forsythe and Sorteberg are manufacturing companies. Comparative data for 20X1 and 20X7 are as follows: (Click the icon to view the data.) Assume that inflation
Forsythe and Sorteberg are manufacturing companies. Comparative data for 20X1 and 20X7 are as follows: (Click the icon to view the data.) Assume that inflation has totaled 18% during these 8 years so that each 20X1 dollar is equivalent to 1.18 dollars in 20X7, due to inflation. Requirements 1. Compule 20X1 and 20x7 productivity measures in terms of revenue per employee for Forsythe and Sorteberg 2. Compare the change in productivity between 20X1 and 20X7 for Forsythe with that for Sorteberg. Requirement 1. Compule 20x1 and 20x7 productivity measures in terms of revenue per crployee for Forsythe and Sorteberg. Begin by selecting the formula needed to compute the productivity measures. Next, enter the amounts to calculate the productivity at 20X1 and 20x7 for each company without adjusting for inflation. Finally, repeat the calculations for each company and account for any inflation adjustments. (Round your final answers to the nearest dollar.) Productivity in terms of Sales revenue / Number of employees = revenue per employee Without inflation adjustment Forsythe 20x1 ............. $ S 20x7 $ 1 i Data Table 4,720,000,000 6,500,000,000 53,600 57,800 88.060 112,457 1 = $ S 7,997,000.000 77,900 $ Sorteberg 20X1 20X7 1 i 1 102.657 115,179 S 9,007.000.000 78,200 $ Sales revenue 20X1 20X7 Forsythe Sorteberg $ 4,720,000,000 $ 7,997,000,000 $ 6,500,000,000 $ 9,007,000,000 53,600 77,900 57,800 78,200 Number of employees 20X1 With infiabion adjustments Forsythe 20X1 20x7 ! 20X7 1 Print Done 1 Sorteberg 20X1 20X7
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