Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The extracts from the payroll of a factory is a follows:Number of Employees at the beginning of April 2020 is 250 ; Number of Employees
The extracts from the payroll of a factory is a follows:Number of Employees at the beginning of April 2020 is 250 ; Number of Employees at the end of April 2020 is 550 ; Number of Employees replaced due to resignations and discharges is 40.What would be the labour turnover rate for the factory under Replacement method?
a.
None of these.
b.
10%
c.
12.5%
d.
15%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started