Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. The following information has been collected from Ms. Divya the head of personnel department of ART Limited for the year ended 31st March 2020

1. The following information has been collected from Ms. Divya the head of personnel department of ART Limited for the year ended 31st March 2020

Number of workers at the beginning of the year 8000

Number of workers at the end of the year 9600

Number of workers left the company during the year 500

Number of workers discharged during the year 100

Number of workers replaced due to leaving and discharge 700

Additional workers employed for expansion during the year 1500

You are required to calculate the labour turnover rate by using separation method, replacement method and flux method, further discuss each of them briefly. (10 Marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Assurance Services A Systematic Approach

Authors: William Messier, Steven Glover, Douglas Prawitt

12th Edition

1264100671, 978-1264100675

Students also viewed these Accounting questions

Question

How does a table adapter differ from a data adapter?

Answered: 1 week ago