Niles and Cohen, CPAs earned $12,375,000 during 2016 using 75 employees. During 2017, the firm grew revenues

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Niles and Cohen, CPAs earned $12,375,000 during 2016 using 75 employees. During 2017, the firm grew revenues to $15,400,000 and expanded the staff to 88 employees.

a. Determine the revenue per employee for each year.

b. Interpret the results?

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Accounting

ISBN: 978-1285743615

26th edition

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

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Question Posted: Oct 27, 2016 02:01 AM

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Niles and Cohen, CPAs earned $12,375,000 during 2016 using 75 employees. During 2017, the firm grew revenues

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a b Niles and Cohen CPAs grew revenues by 3025000 15400000 12375000 or 244 3025000 12375000 The ...View the full answer

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