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: Previous Current Year 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.

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: Previous Current Year 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.

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter12: Accounting For Partnerships And Limited Liability Companies

Section: Chapter Questions

Problem 26E: Revenue per professional staff The accounting firm of Deloitte Touche is the largest international...

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