Question

Easy Sailing, LLC provides repair services for commercially owned boats and yachts. The firm has five members in the LLC, which did not change between the first year and the second year. During Year 2, the business expanded into three new regions of the country. The following revenue and employee information is provided:

Year 1Year 2
Revenues (in thousands)$50,625$57,750
Number of employees125175

​a. For Years 1 and 2, determine the revenue per employee (excluding members).
b. Interpret the results.

Answer

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