Question

The following information was taken from Finch Corporation's SEC filings. Number of employees Revenues (in millions) Properties (in thousands) Total assets (in millions) Company-owned stores Net earnings (in millions) Fiscal Year Ended October 1, 2017 October 2, 2016 312,000 268,000 $ 33,587 $ 32,516 6,532 square feet 6,487 square feet $ 14,604 $ 14,551 30, 775 12,886 $ 4,985 $ 4,918 Required 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 Finch's 2017 fiscal year was better or worse than its 2016 fiscal year? e. Calculate the revenue and earnings per employee and per thousand feet to determine which year (2017 or 2016) Finch appeared to be using its facilities more efficiently. Complete this question by entering your answers in the tabs below. ReqA Reg C and D Reg E Calculate the revenue and earnings per employee to determine which year (2017 or 2016) Finch appeared to be using its facilities more efficiently. (Enter your answers in whole dollars and not in millions.) 2016 2017 Revenue per employee Earnings per employee Revenue per thousand feet Earnings per thousand feet The company used its facilities more efficiently in < Req C and D ReqE

Answer 1

- Calculation of revenua per employees Revenue per employee = Revenue of the company (dollars) no. of employees 2017 revenue $3358 +0000DO 2016 revenue 132516000000 peremployee 210000 peremployee. 8 68,000 - 2017 >>$107650.64 2016->$191,328.36 2 Calculation of Carmings per employee - o tarnings per employee = Net earnings of company (dollars). no of employees © 2017 => $4985000000 2016 >> 4918000000 31 2000 268,000 2017 => $15,977.56 2016 $18,350.75 3 Revenua per thousand feet Revenue of the company collars) Total feet thousand). 2017 => $33887200000 2016 = 38.516000000 6532 6487 2017 => $5,141,916.72 2016 $5,012, 486.51 (4) Earnings per thousand feet - Net Carrings of the company (dollars) Total feet in thousands 20172) 4985000000 2016-> 4918000 000 6532 6487 2014 $763, 165.95 2016=> $758, 131.648 - Particulars 2017 2016 Revenue per employee $107,650.64 $121,328.36 Earnings per employee $15,977.56 $18350.75 Revenue per thousand feet $5,141,916.72 $5,012,486.51 Earnings per thous and feet $763,165.95 $758,131.648 The company used its fautities more efficiently in 2016