The accounting firm of Deloitte & Touche is the largest international accounting firm in the world as
Question:
The accounting firm of Deloitte & Touche is the largest international accounting firm in the world as ranked by total revenues. For two recent years, Deloitte & Touche reported the following for its U.S. operations:
........................................................................................Current Year.......Previous Year
Revenue (in billions)......................................................$16.1.....................$14.9
Number of professional staff (including partners)...58,585.....................53,592
a. For the current and previous years, determine the revenue per professional staff.
b. Interpret the trend between the two years.
Step by Step Answer:
Financial Accounting
ISBN: 978-1337272124
15th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac