The following information was taken from Benson, Incorporated's SEC filings.Number of employeesRevenues (in thousands)Properties (in thousands)Total assets (in thousands)Units shipped (in thousands)Net earnings (in thousands)Req AReq C and DRequireda. Indicate whether each line of information in the table above would best be described as being primarily financial accounting ormanagerial accounting in nature.c.&d. Based on the data identified as financial or managerial in nature from requirement (a), does it appear that Benson's 2019 fiscalyear was better or worse than its 2018 fiscal year?e. Calculate the revenue per employee and revenue per unit shipped and to determine which year (2019 or 2018) Bensonappeared to be using its facilities more efficiently.Complete this question by entering your answers in the tabs below.Req E$2019Revenue per employeeRevenue per unit shippedThe company used its facilities more efficiently inDecember 31, 2019926$1,196,651$793,2034,268$(14,062)1,292 × $Fiscal Year EndedAnswer is not complete.Calculate the revenue per employee and revenue per unit shipped and to determine which year (2019 or 2018) Bensonappeared to be using its facilities more efficiently. (Enter your answers in whole dollars and not in thousands.)370 square feet20181,289 x< Req C and D2019December 31, 2018891$1,148,657$698,6794,345$(108,234)549 square feetReq E

Name: The following information was taken from Benson, Incorporated's SEC f
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Description: The following information was taken from Benson, Incorporated's SEC filings.Number of employeesRevenues (in thousands)Properties (in thousands)Total assets (in thousands)Units shipped (in thousands)Net earnings (in thousands)Req AReq C and DRequired

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Accounting

The following information was taken from Benson, Incorporated's SEC filings. Number of employees Revenues (in thousands) Properties (in thousands) Total assets (in thousands) Units shipped (in thousands) Net earnings (in thousands) Required Fiscal Year Ended December 31, 2019. 926 $1,196,651 $793,203 4,268 $(14,062) 370 square feet December 31, 2018 891 $1,148,657 $698,679 4,345 $(108,234) 549 square feet

The following information was taken from Benson, Incorporated's SEC filings. Number of employees Revenues (in thousands) Properties (in thousands) Total assets (in thousands) Units shipped (in thousands) Net earnings (in thousands) Required Fiscal Year Ended December 31, 2019. 926 $1,196,651 $793,203 4,268 $(14,062) 370 square feet December 31, 2018 891 $1,148,657 $698,679 4,345 $(108,234) 549 square feet

FINANCIAL ACCOUNTING

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Chapter1: Financial Statements And Business Decisions

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is

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Question

The following information was taken from Benson, Incorporated's SEC filings.
Number of employees
Revenues (in thousands)
Properties (in thousands)
Total assets (in thousands)
Units shipped (in thousands)
Net earnings (in thousands)
Req A
Req C and D
Required
a. Indicate whether each line of information in the table above would best be described as being primarily financial accounting or
managerial accounting in nature.
c.&d. Based on the data identified as financial or managerial in nature from requirement (a), does it appear that Benson's 2019 fiscal
year was better or worse than its 2018 fiscal year?
e. Calculate the revenue per employee and revenue per unit shipped and to determine which year (2019 or 2018) Benson
appeared to be using its facilities more efficiently.
Complete this question by entering your answers in the tabs below.
Req E
$
2019
Revenue per employee
Revenue per unit shipped
The company used its facilities more efficiently in
December 31, 2019
926
$1,196,651
$793,203
4,268
$(14,062)
1,292 × $
Fiscal Year Ended
Answer is not complete.
Calculate the revenue per employee and revenue per unit shipped and to determine which year (2019 or 2018) Benson
appeared to be using its facilities more efficiently. (Enter your answers in whole dollars and not in thousands.)
370 square feet
2018
1,289 x
< Req C and D
2019
December 31, 2018
891
$1,148,657
$698,679
4,345
$(108,234)
549 square feet
Req E

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