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Evaluating a Firm’s Financial Metrics [Exercise B]
Sunday, October 1, 2023
2:00 PM - 4:00 PM Central
During this exercise, we will cover some fundamental accounting principles for running a successful architecture firm by focusing attention on two key documents: the profit plan and annual budget. Participants should be prepared to put into practice the following metrics and associated formulas: utilization rate, overhead rate, break-even rate, profit multiplier, net multiplier, billable rate.
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