This study aims to verify the effect of the organizational socialization on turnover intention among hotel employees and the moderating effect of social support accordingly. The researching findings are as follows. First, when it comes to the effect
Account receivable turnover = Net credit sales / average accounts receivable
Year 2009 2008 2007
turnover 3.75 4.78 3.40
Account receivable turnover shows portion of account receivables to sales revenue. The account receivable turnover ratio goes up and down during last 3 years so the liquidity looks like instable.
(4) Inventory turnover
Inventory turnover = COGS / Ave
Financial Leverage Ratio
It measures the relationship between total assets and the stockholders’ equity that finances the assets.
Both company shows pretty high financial leverage
High financial leverage means they are highly
dependent on debt when financing assets.
Total Asset Turnover Ratio
Total Asset Turnover measures the sale generated
turnover ratios close to the industry average of 20.7
Trend of decreasing as year passes
Chipotle Mexican Grill’s (CMG) A/R turnover ratio continually increasing:10~20times higher than industry average.
CMG’s current asset’s 42% and total asset’s 25% = cash very high level of cash compare to others
Example) Domino’s Pizza has the closest A/R turnover ratio to the
turnover, long-term solvency or financial leverage, profitability and market values for companies in the same industry within same country. Then, the paper further scrutinizes each component of DuPont Identity and compares how well each company is carrying out operating, investing and financing activities. As a result, from these analyses, the paper derives some meaning from the ratio and suggest
turnover : 반환
We talked about the turnover of Hong Kong.
(우리는 홍콩 반환에 관해서 이야기했다.)
(5) revenue : 소득, 수익
What was the total revenue of our company?
(우리 회사의 총수입이 얼마였죠?)
(6) trade sanction : 무역 제재
The U. S Trade Representative announced trade sanctions to Japan.
(미국 무역 대표는 일본에 대해 무