Niles and Cohen, CPAS earned $7,840,800 during 20Y4 using 72 employees. During 20Y5, the firm grew revenues
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Niles and Cohen, CPAS earned $7,840,800 during 20Y4 using 72 employees. During 20Y5, the firm grew revenues to $9,203,500 and expanded the staff to 79 employees.
Required:
a. Determine the revenue per employee for each year. Revenue Per Employee 20Υ4 20Y5
b. The growth in revenue was ________________ the growth in the number of employees; thus, the revenue per employee ___________between the two years.
Expert Answer:
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Revenue per employee in 20Y4 fees earned no of employees ... View the full answer
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