1. AN INVESTIGATION INTO THE STAFF TURNOVER IN EXCELLENCE INSURANCE COMPANY IN HARARE 2. BACKGROUND OF STUDY Excellence Insurance Company is situated at fifth floor Phain building corner Robert Mugabe and Second Street in Harare. It has got another branch in Bulawayo. It started operating on 1 April 2003. Its line of business is to write short term insurance which are fire‚ marine‚ motor accidents‚ farming and engineering policies. The company’s mission statement is‚ “To replicate the profitable
Premium Zimbabwe Scientific method Corporate governance
The income statement has some limitations since it reflects accounting principles. For example‚ a company’s depreciation expense is based on the cost of the assets it has acquired and is using in its business. The resulting depreciation expense may not be a good indicator of the economic value of the asset being used up. To illustrate this point let’s assume that a company’s buildings and equipment have been fully depreciated and therefore there will be no depreciation expense for those buildings
Premium Generally Accepted Accounting Principles Financial ratios Balance sheet
Minimum wages A minimum wage is the minimum amount of compensation an employee must receive for performing labour. In economic term‚ minimum wages is the price floor of the pay of the labour that set by the government. The minimum wages rate normally was fixed by legal authority as such‚ it is illegal to pay an employee less than the minimum wage. Our economic transformation goal is to make Malaysia a high-income nation by 2020‚ with a per capita income of US$15‚000 a year‚ however there are still
Premium Inflation Minimum wage
.......................................2 1.1An overview of ZTE CORPORATION..................................................2 1.2 Problem Statement....................................................................................3 2.0 Analysis of ZTE high staff turnover.........................................................5 3.0 Reasons for High Staff Turnover..............................................................7 4.0 High Staff Turnover Solution......................
Premium Employment
Part A After-TAX Cost Debt O’Grandy Apparel Company can calculate the after tax debt cost using YTM (CP + (FV-Nd /n) / FV +Nd /2) *2. Cp is (0.12/2) * 1000= 60 Semi-annually Fv is 1000 Nd is 995 – (0.025* 1000) = 970 N is 20*2 because it is semi-annually then you have to use Kdt= Kd+ (i-T) .The tax bracket is 40 percent. Now we can have the after tax debt when it is equal or smaller than $700000 Kd ( 1-T) = 0.1249 (1-0.4)= 0.07494. If it is more than $700000 it will be KD (1-t) = 0.18(1-0.4)
Premium Dividend Weighted average cost of capital Investment
1.1 Why are managers needed in an organization? What is their main goal? Well‚ congratulations on completing the first block of this course – Strategy. We can think on Strategy as a high level plan for achieving firm’s goals under conditions of uncertainty and continuous change. Now‚ what is the connection between Strategy and Management? It is simply the firm’s goals. The role of management is to move and guide firm toward goal accomplishment. During the Strategy block‚ we learned that every company
Premium Management Strategic management Organization
Financial Results FIN/571 July 22‚ 2013 Interpreting Financial Results Liquidity: Current Ratio Parrino‚ Kidwell‚ & Bates (2012) detail the current ratio as current assets divided by liabilities. The current ratio identifies a firm’s potential to pay short-term liabilities; higher liquidity is a good sign for potential creditors (Parrino et al.‚ 2012). At the same time‚ however‚ the current ratio should not greatly exceed benchmarks of other competitors (Parrino et al.‚ 2012). This could be
Premium Generally Accepted Accounting Principles Revenue Financial ratios
The Golden Ratio The golden ratio is a unique number approximately equal to 1.6180339887498948482. The Greek letter Phi (Φ) is used to refer to this ratio. The exact value for the golden ratio is the following: ` A popular example of the application of the golden ratio is the Golden Rectangle. Interestingly enough‚ many artists and architects have proportioned their works to apply the golden ratio in the form of the golden rectangle. A golden rectangle is a rectangle where the ratio of the longer
Free Leonardo da Vinci Mona Lisa Florence
Unit 145 Promote Professional Development Outcome 1 Understand Principles of professional development Assessment Criteria 1.1 Explain the importance of continually improving knowledge and practice Professional development enables that a setting is keep up to date and to change proactively so that their our setting can relevant and appropriate .It is important to make the most out of investment in a professional development it should be planned with the setting vision in their focus
Premium Learning Personal development Profession
instances‚ its total investment. Financial leverage percentage= ROE-ROA 2011 2010 2009 Financial leverage percentage 1.69% 2.48% 1.22% In year 2009‚ the company have the lowest leverage ratio among the three years‚ thus it suggests that it utilizes relatively lowest debt in its capital structure this year‚ which indeed means Toyota has been investing most effectively (earning a high return on investment) or borrowing more effectively (paying
Premium Financial ratios Generally Accepted Accounting Principles Financial ratio