Key comparative figures for both Best Buy and Circuit City follow. Required 1. Compute sales-per-employee for 2005

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Key comparative figures for both Best Buy and Circuit City follow.

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1. Compute sales-per-employee for 2005 and 2004 for each company.

2. Comment on each company’s operating efficiency based on the sales-per-employee ratio. Assume an industry average of $$200,000$ for each year.

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College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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Question Posted: May 17, 2024 02:00 AM

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Key comparative figures for both Best Buy and Circuit City follow. Required 1. Compute sales-per-employee for 2005

Question:

Net sales ($ millions) Number of employees Best Buy Circuit City 2005 2004 2003 2005 2004 2003 $ 27,433 109,000 $ 24,548 100,000 $20,943 98,000 $10,472 $ 9,857 $10,055 45,946 43,211 38,849.

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College Accounting Ch 1-14

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