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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159 Exercise 60
A Revenue per employee
Niles and Cohen, CPAs earned $12,375,000 during 2016 using 75 employees. During 2017, the firm grew revenues to $15,400,000 and expanded the staff to 88 employees.
a. Determine the revenue per employee for each year.
b. Interpret the results.
B Revenue per employee
Eclipse Architects earned $1,800,000 during 2016 using 12 employees. During 2017, the firm reduced revenues to $1,440,000 and reduced the staff to nine employees.
a. Determine the revenue per employee for each year.
b. Interpret the results.
Niles and Cohen, CPAs earned $12,375,000 during 2016 using 75 employees. During 2017, the firm grew revenues to $15,400,000 and expanded the staff to 88 employees.
a. Determine the revenue per employee for each year.
b. Interpret the results.
B Revenue per employee
Eclipse Architects earned $1,800,000 during 2016 using 12 employees. During 2017, the firm reduced revenues to $1,440,000 and reduced the staff to nine employees.
a. Determine the revenue per employee for each year.
b. Interpret the results.
Explanation
Verified
Verified
A. Determining revenue per employee:
a. ...
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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