Answer:
4 %
Explanation:
Employee turnover rate describes the rate at which employees leave a company, either voluntary or involuntary. It includes employees that separate from the organization only, but not internal movements.
The formula for calculating employee turnover is
Turnover rate = <u>Employees separated </u> x 100
The average number of employees
The average number of employees = Beginning number + Ending number.
2
For Lumina Inc. average number of employees
= 4900 + 5000/2
=4950
Employee turnover = 200/4950 x 100
=4 %
Answer:
P1=$8.43
Explanation:
The value of the stock is equal to the present value of all cash-flows expected from holding the stock. At the end of year 1, the value of the stock is found by calculating the present value of the remaining dividends i.e D2, D3, D4, D5 etc till infinity.
Therefore price equals
given the values of Dividends calculated above and ke= 15% :
Answer:
Tom can afford 6 rentals and his utility is at maximum level, when he consumes 8 slices of pizza and rents 8 movies per week.
Explanation:
For the given utility equation 24$= 6*slice of pizza + 3*rented movie, where pizza levels are 1,2,3 and 4, we have:
24 = 6*1 + 3* x
x = 6
24 = 6*2 + 3*x
x = 4
24 = 6*3 +3*x
x = 2
24 = 6*4 + 3*x
x= 0
His total utility is the sum of given utilities per week, which he has from slices of pizza eaten and movies rented. Therefore he should consume 8 slices of pizza and rent 8 movies per week.
Answer:
$21.44
Explanation:
Calculation for the cost per equivalent unit for materials for the month in the first processing department
First step
Units completed and transferred out $7,500
Ending inventory($800+$8,400-$7,500)*70% Ending inventory =1,700*70%
Ending inventory =$1,190
Equivalent units for Materials $8,690
($7,500+$1,190)
Total materials costs $186,300
Second step
Cost per equivalent unit for materials=Total materials costs÷ Equivalent units for Materials
Cost per Equivalent unit for Materials $186,300÷$8,690
Cost per Equivalent unit for Materials=$21.44
Therefore the cost per equivalent unit for materials for the month in the first processing department is closest to $21.44
