The accounting firm of Deloitte & Touche is the largest international accounting firm in theworld as ranked by total revenues. For two recent years, Deloitte & Touche reported thefollowing for its U.S. operations:PreviousCurrentYearYearRevenue (in billions)$16.1$14.9Number of professional staff (including partners)58,58553,592a. For the current and previous years, determine the revenue per professional staff.b. Interpret the trend between the two years.

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Answered: The accounting firm of Deloitte &…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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