If We Hired 10 New Employees Last Year and at the Beginning

question 116

Multiple Choice

If we hired 10 new employees last year and at the beginning of this year 6 were promoted,and 2 left the company,what is the new hire turnover ratio?

• A)60%
• B)33%
• C)80%
• D)40%
• E)20%

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Definitions:

Outstanding Stock

The number of shares that have been issued by a company and are held by investors, including both public shareholders and company insiders or officers.

Common Stock

A form of corporate equity ownership, a type of security representing a claim on part of the company's assets and earnings.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividend payment preferences.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of stock rather than cash.