Question
The accounting firm of Dewey & Parker is the largest international accounting firm in the world as ranked by total revenues. For two recent years,
The accounting firm of Dewey & Parker is the largest international accounting firm in the world as ranked by total revenues. For two recent years, Dewey & Parker reported the following for its U.S. operations:
| Current Year | Previous Year | |||
| Revenue | $4,920,000 | $4,422,000 | ||
| Number of professional staff (including partners) | 600 | 550 | ||
a. For Current year and Previous year, determine the revenue per professional staff. If required, round your answers to the nearest dollar.
| Revenue per professional staff | |
| Current year | $ |
| Previous year | $ |
b. Interpret the trend between the two years.
| Did the revenues increase or decrease? | _________ |
| Did the revenue per professional staff increase or decrease? | _________ |
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Managerial Accounting Tools For Business Decision Making Wileyplus Lms Student Package
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
8th Edition
1119390249, 978-1119390244
