Question: a. In announcing its third quarter results, Prime Manufacturing reported a decline in revenue of $26.43 million representing a 3.65% decrease from the second quarter.
a. In announcing its third quarter results, Prime Manufacturing reported a decline in revenue of $26.43 million representing a 3.65% decrease from the second quarter. Rounded to the nearest $0.01 million, what is the third quarter’s revenue?
b. Prime also announced that, over the next six months, it will reduce its workforce by 4.5% to 8500 through attrition and retirement incentives. What will be the actual number of people leaving?
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