business equations quiz
as business equations. unit 2
- Created by: charlotte harris
- Created on: 08-05-12 17:57
Other questions in this quiz
2. return on capital is what?
- net profit/capital invested X 100
- capital/revenue X 100
- output/total costs
- total costs - total profit
3. what is the equation for labour productivity?
- output per period/number of employees at work
- output/number of employees
- number of emplyees leaving X no of units sold
- profit X revenue
4. what is the equation for labour turnover?
- revenue X no units sold
- number of employees leaving during period /average number employed during period X 100
- people/amount of time
5. absenteeism equation?
- number of days taken off for unauthorised absense (during period)/total days worked by workforce over the period X 100
- revenue X profit
- number of people away X maximum days to work
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