Five Employees Quit Acme Homes During August

question 117

Multiple Choice

Five employees quit Acme Homes during August. If on August 15 there are 30 employees, which of the following is Acme's turnover rate?

• A).167 percent
• B)16.7 percent
• C).6 percent
• D)6 percent

Understand different forms of employee turnover and their implications for the organization.

Comprehend the concept of fairness (interactional, procedural, and outcome) in workplace justice.

Recognize the legal aspects and exceptions of the employment-at-will doctrine.

Identify practices to retain high-demand employees in a competitive market.

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Definitions:

NPVs

Net Present Values; the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of a company’s wealth maximization.

Average Accounting Return

A measure of an investment's profitability, calculated as the average net income divided by the average investment.

Average Book Value

The mean value of an asset or investment determined by its original cost minus depreciation or amortization.