what are the Financial Indicators (e.g., revenue per employee; wages as percent of revenue; average wage...
what are the Financial Indicators (e.g., revenue per employee; wages as percent of revenue; average wage per employee; before-tax profit as percent of net worth) for the payroll industry and bookkeeping?
Homework Answers
Payroll is the amount of salaries and wages payment or payable. This is the remuneration of employees provided by the respective employer.
Financial indicators are as below:
No.1) Growth oriented: this indicates evaluating employee performance – is it improving or declining. The tool of it is “revenue per employee”.
Revenue per employee = (Net revenue / Number of employees)
If the figure of the ratio is increasing compare to past record then employee performance is improving.
No.2) Profitability: this is indicator of cost burden on profit making – is the portion of costs high or low. The tools are “wages as percent of revenue”, average wage per employee”.
Wages as percent of revenue = (Total wages / Net revenue) × 100
If the percent is high, profit would be low.
Average wage per employee = Total wages / Number of employees
If the average wage is high, profit or net income would be low.
No.3) Return on net worth: The amount of net worth is the excess of total assets over total liabilities. This is also known as stockholders’ equity.
Return on net worth = (Before-tax profit / Net worth) × 100
If the percent is higher than last year data, the firm is progressing.
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what are the Financial Indicators (e.g., revenue per employee;
wages as percent of revenue; average wage...
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what is the revenue and earnings per employee. the answers below are incorrect Based on the...
what is the revenue and earnings per employee. the answers
below are incorrect
Based on the information provided in the table, calculate the
revenues per employee and earnings per employee. question E in
photo
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The payroll tax for unemployment insurance in Patagonia taxes all wages up to a maximum per worker of 40,000 TL at a 10 percent flat rate. What are the marginal and average tax rates on the wages for each of the following three workers? a. A carpenter with annual wages of 38,000 TL b. An assistant manager with wages of 45,000 TL per year c. A corporate CEO with an annual salary of 600,000 TL
what is the revenue and earnings per employee. the answers
below are incorrect
Based on the information provided in the table, calculate the
revenues per employee and earnings per employee. question E in
photo
The following information was taken from GoPro, Inc.'s SEC filings: Fiscal Year Ended December 31, 2014 December 31, 2013 Number of employees Revenues (in thousands) 970 $1,394,205 757 $985,737 200,000 Square feet Properties (all leased) 200,000 Square feet Total assets (in 917,691 $439,671 thousands) Units shipped...
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