Question

Top Dog, LLC provides repair services for oil rigs. 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)$60,525$58,500
Number of employees120160

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

Answer

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