- This topic has 1 reply, 2 voices, and was last updated 1 month ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Labor turnover
A firm monitors turnover. At beginning staff were 1600. During the year 860 left and 260 of these were replaced. What is the labour turnover rate??
You must have an answer in the same book in which you found the question, so in future ask about whatever it is in the answer that you are not clear about and then I will explain.
At the end of the year the number of staff was 1600 – 860 + 260 = 1,000.
Therefore the average number of staff was (1600 + 1000) / 2 = 1300.
So the turnover rate is 260/1000 x 100%
Have you not watched my free lectures on this?