Hemdi & Nasurdin —Predicting Turnover Intentions of Hotel Employees Gadjah Mada International Journal of Business January-April 2006‚ Vol. 8‚ No. 1‚ pp. 21–42 PREDICTING TURNOVER INTENTIONS OF HOTEL EMPLOYEES: The Influence of Employee Development Human Resource Management Practices and Trust in Organization Mohamad Abdullah Hemdi Aizzat Mohd. Nasurdin This study investigates the variables that may be predictive of hotel employees’ turnover intentions. The influence of trust in organization
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the cost of employee turnover to for-profit organizations has been estimated to be between 30% (the figure used by the American Management Association) to upwards of 150% of the employees ’ remuneration package.[4] There are both direct and indirect costs. Direct costs relate to the leaving costs‚ replacement costs and transitions costs‚ and indirect costs relate to the loss of production‚ reduced performance levels‚ unnecessary overtime and low morale. The true cost of turnover is going to depend
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Ratio Analysis Memo July 9‚ 2012 Memo To: From: Date: July 9‚ 2012 RE: Kudler Fine Foods ratio analysis One of the things that we will be going over is some of the ratios for Kudler Fine Foods through Liquidity‚ Profitability‚ and solvency ratios. We will look into some of the finding that were found through these ratios and discuss them. One of the things that we found was where Kudler Fine Foods’ position is with these ratios. The first area that we look at is profitability
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INTRODUCTION: UNIFLEX CABLES LIMITED appointed interns to study the receivables position of their company. I was asked to analyze the data of the past six months starting from October’08 to March’09. I had to analyze the debtors’ payment pattern for that period and find out the reasons why there was a delay in receiving payments from the debtors’. OBJECTIVE OF THE STUDY: • Compare Actual Date of Receipt from customers with the Payment Due Date. • Find out the number of days delay
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CNBC Investopedia. (2011). Retrieved from http://www.investopedia.com/terms/c/currentratio.asp Investopedia Investopedia. (2012). Retrieved from http://www.investopedia.com/terms/r/returnonequity.asp#axzz28ZHmfXpq Investopedia. (2012). Price-earnings ratio. Retrieved from http://www.investopedia.com/terms/p/price-earningsratio.asp Investopedia Investopedia. (2012) Retrieved from http://www.investopedia.com/terms/e/earnings-power.asp#axzz28ZHmfXpq Investopedia. (2012) Retrieved from http://www.investopedia
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Accounting for Receivables Definition Receivables are amounts due from other persons or entities. Receivables are highly liquid‚ which means it is expected that they will be converted into cash quickly‚ and are classified as current assets. Types of Receivables Accounts Receivable: amounts due from customers for sales on credit. Businesses sell to customers on credit in an attempt to increase their sales. Also called Trade Debtors. Bills Receivable: similar to accounts receivable but bills receivable
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Accounts receivable is a legally enforceable claim for payment from a business to its customer/clients for goods supplied and/or services rendered in execution of the customer’s order. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the
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The ability to sell inventory and collect receivables is critical. In this topic‚ we discuss three ratios that measure this ability. Inventory Turnover. Companies generally strive to sell their inventory as quickly as possible. The faster inventory sells‚ the sooner cash comes in. Inventory turnover‚ measures the number of times a company sells its average level of inventory during a year. A fast turnover indicates ease in selling inventory; a low turnover indicates difficulty. A value of 6 means
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knowledge of Investment rations‚ breaking our analysis down into four (4) key areas‚ efficiency‚ financial leverage‚ liquidity and profitability. Attached you will find our financial analysis summary matrix. 1. Efficiency Ratio We began with a look at your efficiency ratio‚ concentrating on your receivables turn over for the past year. This reflects the time between your sale and actual collection. If a company ’s Turnover Rate is significantly lower than industry norms‚ there could be an underlying
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Accounts Receivable Management • Introduction • Goals of Receivable Management • Credit Management • Optimum Credit Policy • Credit of Account Receivable 155 Introduction Accounts receivable represent the amount due form customers (book debts) or debtors as a result of selling goods on credit. “The term debtors is defined as ‘debt’ owned to the firm by customers arising from sale of goods or services in the ordinary course of business.” The three characteristics of receivables the element
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