TechSystems, Architects earned $3,600,000 during 2012 using 20 employees. During 2013, the firm reduced revenues to $3,200,000

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TechSystems, Architects earned $3,600,000 during 2012 using 20 employees. During 2013, the firm reduced revenues to $3,200,000 and reduced the staff to 16 employees.

a. Determine the revenue per employee for each year.

b. Interpret the results.

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Financial Accounting

ISBN: 978-1133952428

12th Edition

Authors: Warren, Reeve, Duchac

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Question Posted: May 07, 2012 06:32 AM

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TechSystems, Architects earned $3,600,000 during 2012 using 20 employees. During 2013, the firm reduced revenues to $3,200,000

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a 2012 2013 b TechSystems Architects reduced revenues by 400000 3600000 3200000 or 11...View the full answer

Financial Accounting

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