Answer :
To determine which company has the highest annual profit per employee, we need to calculate the profit per employee for each company. Here's the step-by-step solution:
1. Calculate the profit per employee for each company:
- Company A: Profit = £20,000, Number of Employees = 5
[tex]\[ \text{Profit per Employee for Company A} = \frac{£20,000}{5} = £4,000 \][/tex]
- Company B: Profit = £26,000, Number of Employees = 8
[tex]\[ \text{Profit per Employee for Company B} = \frac{£26,000}{8} = £3,250 \][/tex]
- Company C: Profit = £21,000, Number of Employees = 8
[tex]\[ \text{Profit per Employee for Company C} = \frac{£21,000}{8} = £2,625 \][/tex]
- Company D: Profit = £30,000, Number of Employees = 18
[tex]\[ \text{Profit per Employee for Company D} = \frac{£30,000}{18} \approx £1,666.67 \][/tex]
2. Compare the profit per employee:
- Company A: £4,000
- Company B: £3,250
- Company C: £2,625
- Company D: £1,666.67
3. Identify the company with the highest profit per employee:
- The highest profit per employee is £4,000, which is for Company A.
Thus, the company with the highest annual profit per employee is Company A.
1. Calculate the profit per employee for each company:
- Company A: Profit = £20,000, Number of Employees = 5
[tex]\[ \text{Profit per Employee for Company A} = \frac{£20,000}{5} = £4,000 \][/tex]
- Company B: Profit = £26,000, Number of Employees = 8
[tex]\[ \text{Profit per Employee for Company B} = \frac{£26,000}{8} = £3,250 \][/tex]
- Company C: Profit = £21,000, Number of Employees = 8
[tex]\[ \text{Profit per Employee for Company C} = \frac{£21,000}{8} = £2,625 \][/tex]
- Company D: Profit = £30,000, Number of Employees = 18
[tex]\[ \text{Profit per Employee for Company D} = \frac{£30,000}{18} \approx £1,666.67 \][/tex]
2. Compare the profit per employee:
- Company A: £4,000
- Company B: £3,250
- Company C: £2,625
- Company D: £1,666.67
3. Identify the company with the highest profit per employee:
- The highest profit per employee is £4,000, which is for Company A.
Thus, the company with the highest annual profit per employee is Company A.