Revenue Per Employee Schwartz and Beer, CPAs earned $11,737,500 during 20Y4 using 75 employees. During 20Y5, the firm grew revenues to $13,567,500 and expanded the staff to 81 employees. a. Determine the revenue per employee for each year. Line Item Description Amount Line Item Description Revenue Per Employee 20Y4 fill in the blank 1 of 2$ 20Y5 fill in the blank 2 of 2$ b. The growth in revenue was fill in the blank 1 of 2 the growth in the number of employees; thus, the revenue per employee fill in the blank 2 of 2 between the two years.
Revenue Per Employee Schwartz and Beer, CPAs earned $11,737,500 during 20Y4 using 75 employees. During 20Y5, the firm grew revenues to $13,567,500 and expanded the staff to 81 employees. a. Determine the revenue per employee for each year. Line Item Description Amount Line Item Description Revenue Per Employee 20Y4 fill in the blank 1 of 2$ 20Y5 fill in the blank 2 of 2$ b. The growth in revenue was fill in the blank 1 of 2 the growth in the number of employees; thus, the revenue per employee fill in the blank 2 of 2 between the two years.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Revenue Per Employee
Schwartz and Beer, CPAs earned $11,737,500 during 20Y4 using 75 employees. During 20Y5, the firm grew revenues to $13,567,500 and expanded the staff to 81 employees.
a. Determine the revenue per employee for each year.
| Line Item Description | Amount |
|---|---|
| Line Item Description | Revenue Per Employee |
| 20Y4 | fill in the blank 1 of 2$ |
| 20Y5 | fill in the blank 2 of 2$ |
b. The growth in revenue was fill in the blank 1 of 2
the growth in the number of employees; thus, the revenue per employee fill in the blank 2 of 2
between the two years.
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