FREE Trial S
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

How do I calculate the ROI ? EmployeefitnessfacilityAnewemployeefitnessfacilityandHealthpromotionprogramwillcost$975,000.The proposedbenefitisa.25%reductioninabsenteeism.Theorganizationemployees2000employeeswithan absenteeismrateof7%or280,000lostmanhoursperyear.Eachlostmanhourisvaluedat$80totalcost includingbenefitandopportunityloss.

How do I calculate the ROI ?

EmployeefitnessfacilityAnewemployeefitnessfacilityandHealthpromotionprogramwillcost$975,000.The proposedbenefitisa.25%reductioninabsenteeism.Theorganizationemployees2000employeeswithan absenteeismrateof7%or280,000lostmanhoursperyear.Eachlostmanhourisvaluedat$80totalcost includingbenefitandopportunityloss.

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_step_2

Step: 3

blur-text-image_step3

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

Clinical Work And General Management Of A Standard Minimal Resource Facility
Clinical Work And General Management Of A Standard Minimal Resource Facility

Authors: Musa Touray, Aisha Touray

1st Edition

ISBN: 3030710319, 978-3030710316

More Books

Students explore these related General Management questions

Question

Why should a company attempt to speed up its receivables and slow down its payables?

Answered: 3 weeks ago

Question

Kroger, a grocery store chain, recently had a price-earnings ratio of 7.6, while the average price-earnings ratio in the grocery store industry was 18.6. What might explain this difference?

Answered: 3 weeks ago

Question

Tell me about yourself.

Answered: 3 weeks ago

Question

Make all required General Fund journal entries for the Doyle County Public Schools for 20X6, including adjusting entries, required by the following information. 1. The Doyle County Public Schools...

Answered: 3 weeks ago

Question

Master Designs Company has cash flows for operating activities of $350,000. Cash flows used for investments in property, plant, and equipment totaled $65,000, of which 70% of this investment was used...

Answered: 3 weeks ago

Question

Suppose Valerie is in the 25% tax bracket. She considers purchasing two bonds, a corporate bond, which pays a before-tax interest rate of 1 a muni bond, which pays a 4% Interest rate. Complete the...

Answered: 3 weeks ago

Question

Becton Labs produces a variety of chemical compounds for industrial uses. The standard mix for February's production of 80,000 litres of Product "X" and the budgeted costs, are as follows: Liquid...

Answered: 3 weeks ago

Question

Q2) A jute packaging unit has planned production of 4950 kg of jute to be sold six months later. The spot price is 1940 per kg while six months futures are trading at 1880. The firm expects the price...

Answered: 3 weeks ago

Question

Scare-2-B-U (S2BU) specializes in costumes for all occasions. The average price of each of its costumes is $310. For each occasion, S2BU receives a 30 percent deposit two months before the occasion,...

Answered: 3 weeks ago

Question

The VIF for Engine Size found for the Full Model is 6.5147. This VIF is calculated based on an R-squared value from another model. This R-squared value is 0.846501. The resulting VIF is1/(1-0.846501)...

Answered: 3 weeks ago

Question

Quick Stop Fashion House produces "fast fashion" clothes that represent the current fad. In the foreign environment, this type of product is considered highly sensitive. O sensitive. O insensitive. O...

Answered: 3 weeks ago

Question

What kinds of communication help sustain long-distance romances?

Answered: 3 weeks ago

Question

C. Hendrick & S. Hendrick (Eds.). 2000. Close relationships: A sourcebook. Thousand Oaks, CA: Sage. You probably wont want to read this entire book, but its a great resource on research about a range...

Answered: 3 weeks ago

Question

If you were Hailleys friend, what responsibilities would you have, if any, for helping her?

Answered: 3 weeks ago

Previous QuestionNext Question