Eclipse Architects earned $1,800,000 during 2014 using 12 employees. During 2015, the firm reduced revenues to $1,440,000

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Eclipse Architects earned $1,800,000 during 2014 using 12 employees. During 2015, the firm reduced revenues to $1,440,000 and reduced the staff to 9 employees.
a. Determine the revenue per employee for each year.
b. Interpret the results.

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Accounting

ISBN: 978-1133607601

25th edition

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

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Question Posted: Jan 18, 2017 01:23 AM

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Eclipse Architects earned $1,800,000 during 2014 using 12 employees. During 2015, the firm reduced revenues to $1,440,000

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a 2014 1800000 12 employees 150000 per employee 2015 1440000 9 employees 160000 per employee ...View the full answer

Accounting

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