Crystal Clean Services, LLC, provides cleaning services for office buildings. The firm has 10 members in the
Question:
Crystal Clean Services, LLC, provides cleaning services for office buildings. The firm has 10 members in the LLC, which did not change between 2007 and 2008. During 2008, the business expanded into four new cities. The following revenue and employee information is provided:
a. For 2007 and 2008, determine the revenue per employee.
b. Interpret the trend between the twoyears.
Transcribed Image Text:
2008 2007 Revenues (in thousands) Number of employees (excluding members) 538,000 32,500 260 380
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
a b Revenues increased between the two years however the number of employees ha...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Question Posted:
Students also viewed these Accounting questions
-
Superior Cleaning Services, LLC, provides cleaning services for office buildings. The firm has 10 members in the LLC, which did not change between 2016 and 2017. During 2017, the business terminated...
-
Superior Cleaning Services, LLC, provides cleaning services for office buildings. The firm has 10 members in the LLC, which did not change between 20Y8 and 20Y9. During 20Y9, the business terminated...
-
Crystal Clear Cleaning has decided that, in addition to providing cleaning services, it will sell cleaning products. Crystal Clear uses the perpetual inventory system. During December 2017, Crystal...
-
Provide a brief discussion of database connection using the JDBC API, which includes: a. Two popular methods used to establish a connection b. Operational procedure to establish a connection c. How...
-
Rolt Company began 2013 with a $120,000 balance in retained earnings. During the year, the following events occurred: 1. The company earned net income of $80,000. 2. A material error in net income...
-
For each of the determinants of demand in Equation (a), identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles such as the Toyota Prius. Then do the same for...
-
Class Year in Statistics The StudentSurvey data file contains information from a survey done the first day of an introductory statistics course. The Year variable shows the class year (FirstYear,...
-
1. What are the ethical issues in this case? 2. What are some reasons the decision maker in this case might be inclined to go along? Not go along? 3. If you were the decision maker, how would you...
-
Bristol Retail Group begins the year with inventory of $47,000 and ends the year with inventory of $37,000. During the year, the company has four purchases for the following amounts. Purchase on...
-
Russian is an Indo-European language of the Slavic family, spoken in Russia. Determine from the following Russian data whether the low front [a] and the low back [a] complement each other as...
-
The accounting firm of Deloitte & Touche is the largest international accounting firm in the world as ranked by total revenues. For the last two years, Deloitte & Touche reported the following for...
-
On May 1, 2007, Crystal Polles and Doug Kovac form a partnership. Polles agrees to invest $16,500 in cash and merchandise inventory valued at $43,500. Kovac invests certain business assets at...
-
What is the difference between fractures and deformation bands?
-
What are the major factors that an organization needs to analyze before it can consider entering a foreign market?
-
Is downsizing a good strategy for revamping an organizations competitiveness when it is facing major competitive threats in the market?
-
Compare the benefits you have chosen with those chosen by members of your team. What similarities exist? Differences?
-
Explain the reasons for the choices you made. What compelled you to make those specific benefit choices?
-
How is a diversification strategy related to the sustainable growth and development of an organization?
-
Suppose, in TCPs adaptive retransmission mechanism, that EstimatedRTT is 4.0 at some point and subsequent measured RTTs all are 1.0. How long does it take before the TimeOut value, as calculated by...
-
Why is it necessary to study the diffusion of molecules in biological systems?
-
Lets say you work for a company that makes prepared breakfast cereals like corn flakes. Your company is planning to introduce a new hot breakfast product made from whole grains that would require...
-
Seth Feye established Reliance Financial Services on July 1, 2014. Reliance Financial Services offers financial planning advice to its clients. The effect of each transaction and the balances after...
-
On October 1, 2014, Kevin Bosley established Sunrise Realty. Kevin completed the following transactions during the month of October: a. Opened a business bank account with a deposit of $18,000 in...
-
D'Lite Dry Cleaners is owned and operated by Joel Palk. A building and equipment are currently being rented, pending expansion to new facilities. The actual work of dry cleaning is done by another...
-
What is Data Flow Diagram? Explain the Steps ti draw data flow diagram?
-
What is the purpose of data flow diagrams? Do data flow diagrams show system logic and decision points? Explain.
-
Online Shopping of clothes. Please solve the following part: Logical Model Design .. 1.0 Data Flow Diagram.. 1.1 Context Diagram.. 1.2 Level 0 Data Flow Diagram.. 1.3 Level 1 Data Flow Diagram.. 1.4...
Study smarter with the SolutionInn App