The following table shows key operating statistics for the four largest public accounting firms: a. Determine the

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The following table shows key operating statistics for the four largest public accounting firms:

No. of U.S. Net Revenues Professional No. of (in millions) Partners Staff 2,758 2,300 2,151 1,715 Deloitte & Touche Erns

a. Determine the revenue per partner and revenue per professional staff for each firm. Round to the nearest dollar.
b. Interpret the differences between the firms in terms of your answer in (a) and the tableinformation.

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a Revenue Revenue per per Professional Partner Staff Deloitte Touche 3571429 331371 Ernst Young 3287391 374307 PricewaterhouseCoopers 3470014 331130 K...View the full answer

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Dec 11, 2011 05:21 AM

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The following table shows key operating statistics for the four largest public accounting firms: a. Determine the

Question:

No. of U.S. Net Revenues Professional No. of (in millions) Partners Staff 2,758 2,300 2,151 1,715 Deloitte & Touche Ernst & Young PricewaterhouseCoopers KPMG LLP Source: The 2008 Accounting Today Top 100 Firms. 29,725 20,200 22,541 $9,850 7,561 7,464 5,357 15,164

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a Revenue Revenue per per Professional Partner Staff Deloitte Touche 3571429 331371 Ernst Young 3287391 374307 PricewaterhouseCoopers 3470014 331130 K...View the full answer

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