Office-Brite Cleaning Services, LLC, provides cleaning services for office buildings. The firm has 10 members in the
Question:
Office-Brite Cleaning Services, LLC, provides cleaning services for office buildings. The firm has 10 members in the LLC, which did not change between 2008 and 2009. During 2009, the business expanded into four new cities. The following revenue and employee information is provided:
(a) For 2009 and 2008, determine the revenue per employee (excluding members).(b) Interpret the trend between the twoyears.
Transcribed Image Text:
2009 2008 Revenues (in thousands) Number of employees (excluding members) $33,750 250 $38,500 350
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
a Determining the Revenue per employee ...View the full answer
Answered By
Rinki Devi
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions.
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students.
I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and helped them achieve great subject knowledge.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
Brite Exteriors is a firm that provides house painting services. Robert Brite, the owner, is trying to find new ways to increase revenues. Mr. Brite performs the following actions, not in the order...
-
The following information was taken from the 2008 and 2009 Form 10-Ks for Dell, Inc. Required a. Explain whether each line of information in the table above would best be described as being primarily...
-
New Beginnings provides rehabilitation services for alcohol and drug abuse to both adults and adolescents. New Beginnings entered into negotiation with Adbar for the lease of a building in the city...
-
Matlab Program Develop a natural sine table with rows and columsn ranging as shown below, for a total of 121 data. Store the results in a variable named nsinet. Hints to simplify your work: The sine...
-
Carnival Corporation is the largest cruise company in the world. The following item appears in the current liabilities section of it's balance sheet included in the Form 10-K for the year ended...
-
On January 1 , 2 0 2 2 , Leo paid $ 2 4 , 4 0 0 for 5 percent of the stock in BLS , an S corporation. In November, he loaned $ 9 , 7 5 0 to BLS in return for a promissory note. BLS generated a $ 7 5...
-
What are the advantages of systematic sampling over simple random sampling?
-
Developing Management skills (course name) Assignment Case: Moving up in the Rankings at the end of Chapter 3 is the assigned case for Assignment # 1 (15%) The hand-in is to record your experience...
-
DJT, inc. is considering a new investment opportunity that will require an initial investment of $5,951,000.00. The estimated cash flow for year 1 is $1,000,000, for year 2 is $1,500,000, and...
-
Suppose that you are the new CEO at Memorial Hospital. Me- morial is a nonprofit hospital with 300 beds and is located in a busy metropolitan area directly adjacent to a large university. Memorial is...
-
The accounting firm of Deloitte & Touche is the largest international accounting firm in the world as ranked by total revenues. For the last two years, Deloitte & Touche reported the following for...
-
What is the objective of most businesses? Explain
-
Identify the limitation of GDP relevant to each scenario. a. The U.S. Department of Commerce reports that a dead zone of low oxygen that can kill fish and marine life in the Gulf of Mexico has grown...
-
Reread this chapters opening case. What factors did Sunil Rajaraman have working in his favor, and what factors did he have working against him as the cofounder of Scripped?
-
At 922 K, the enthalpy of liquid Mg is 26.780 [kJ/mol] and the entropy is 73.888 [J/(mol K)]. Determine the Gibbs energy of liquid Mg at 1300 K. The heat capacity of the liquid is constant over this...
-
What are the important changes that have occurred in stock markets since 2005?
-
The Nelson partnership begins business on July 17, 2018. It is not able to use business purpose to support a tax year. The four partners, their interests in partnership capital and profits, and their...
-
Baker, a cash-basis, calendar-year taxpayer, is a partner in an accrual-basis partnership that reports its taxable income on an October 31 fiscal year. Baker has been provided the following...
-
A trustee is the person who creates a trust. a. True b. False
-
Listed below are several terms and phrases associated with basic assumptions, broad accounting principles, and constraints. Pair each item from List A (by letter) with the item from List B that is...
-
Explain why uranium can be used for geological dating but not for dating artifacts from human activity on Earth.
-
Ball-Peen Metal Casting Co. reported $859,600 for equipment and $317,500 for accumulated depreciationequipment on its balance sheet. Does this mean (a) That the replacement cost of the equipment is...
-
Hicks Co. incurred the following costs related to trucks and vans used in operating its delivery service: 1. Removed a two-way radio from one of the trucks and installed a new radio with a greater...
-
Felix Little owns and operates Big Sky Transport Co. During the past year, Felix incurred the following costs related to his 18-wheel truck. 1. Replaced a headlight that had burned out. 2. Removed...
-
In 2019, Rylan Enterprises' net income increased by $2.5 million while its depreciation expense decreased by $500,000, accounts receivable increased by $2,000,000 and accounts payable increased by...
-
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold...
-
The Sky Blue Corporation has the following adjusted trial balance at December 31. Cash Accounts Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts...
Study smarter with the SolutionInn App