16:29 Oct 2, 2020 |
German to English translations [PRO] Bus/Financial - Accounting | |||||
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| Selected response from: Michael Martin, MA United States Local time: 10:17 | ||||
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Summary of answers provided | ||||
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3 +3 | characterized by high labor costs |
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Discussion entries: 1 | |
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characterized by high labor costs Explanation: With as much as 80 % of revenue going towards payroll, the business model is characterized by high labor costs. In other words, labor cost eats up 80% of total revenue. Seems like a lot. |
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