3.6 business equations

3.6 business equations

Assessment

Flashcard

Other

11th Grade

Practice Problem

Hard

Created by

Annalise Slatter

FREE Resource

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5 questions

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1.

FLASHCARD QUESTION

Front

labour turnover =

Back

number of staff leaving / average number of staff x 100

2.

FLASHCARD QUESTION

Front

labour productivity =

Back

output per time period / number of employees

3.

FLASHCARD QUESTION

Front

employee costs as a % of turnover =

Back

employee costs / sales turnover x 100

4.

FLASHCARD QUESTION

Front

labour cost per unit =

Back

labour costs / units of output

5.

FLASHCARD QUESTION

Front

retention rates =

Back

number of employees serving for more than 1 year / average no. of staff x 100

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