Superior Cleaning Services, LLC, provides cleaning services for office buildings. The firm has 10 members in the LLC, which did not change between 20Y8 and 20Y9. During 20Y9, the business terminated two commercial contracts. The following revenue and employee information is provided: 20Y9 20Υ8 Revenues (in thousands) $16,200 $18,400 Number of employees (excluding members) 150 200 For 20Y9 and 20Y8, determine the revenue per employee (excluding members). a. b. Interpret the trend between the two years.
Superior Cleaning Services, LLC, provides cleaning services for office buildings. The firm has 10 members in the LLC, which did not change between 20Y8 and 20Y9. During 20Y9, the business terminated two commercial contracts. The following revenue and employee information is provided: 20Y9 20Υ8 Revenues (in thousands) $16,200 $18,400 Number of employees (excluding members) 150 200 For 20Y9 and 20Y8, determine the revenue per employee (excluding members). a. b. Interpret the trend between the two years.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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