The following information was taken from Baird, 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 $1,196,151 370 square feet $793,103 4,266 $(14,162) December 31, 2018 891 $1,148,577 549 square feet $698,599 4,343 $(108,434) 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 Baird'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) Baird appeared to be using its facilities more efficiently. Complete this question by entering your answers in the tabs below. Req A Req C and D Req E Indicate whether each line of information in the table above would best be described as being primarily financial accounting or managerial accounting in nature. Number of employees Revenues Properties Total assets Units shipped Net earnings
The following information was taken from Baird, 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 $1,196,151 370 square feet $793,103 4,266 $(14,162) December 31, 2018 891 $1,148,577 549 square feet $698,599 4,343 $(108,434) 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 Baird'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) Baird appeared to be using its facilities more efficiently. Complete this question by entering your answers in the tabs below. Req A Req C and D Req E Indicate whether each line of information in the table above would best be described as being primarily financial accounting or managerial accounting in nature. Number of employees Revenues Properties Total assets Units shipped Net earnings
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following information was taken from Baird, 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
$1,196,151
370 square feet
$793,103
4,266
$(14,162)
December 31, 2018
891
$1,148,577
549 square feet
$698,599
4,343
$(108,434)
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 Baird'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) Baird appeared
to be using its facilities more efficiently.
Complete this question by entering your answers in the tabs below.
Req A
Req C and D
Req E
Indicate whether each line of information in the table above would best be described as being primarily financial accounting or
managerial accounting in nature.
Number of employees
Revenues
Properties
Total assets
Units shipped
Net earnings
< Req A
Req C and D >
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