Any written or oral communication about a person or thing that is both untrue and unfavorable. Media liability and general liability policies typically provide coverage for claims alleging defamation (although general liability policies exclude such coverage for insureds engaged in media businesses). Links for IRMI Online Subscribers Only: CLI V.L; PLI XVIII.C.
How to Calculate Employee Turnover. The basic formula for calculating employee turnover is: Step 1: Find your average number of employees. ((# of employees beginning of year) + (# of employees end of the year))/2 = average # employees. Step 2: Find the turnover rate. (the # of employees who left your company) / (Step 1âs answer) = turnover rate
Average Collection Period represents the average number of days it takes the company to convert receivables into cash. Average Collection Period formula is: Receivables Turnover Ratio formula is: Average collection period measures the average number of days that accounts receivable are outstanding. This activity ratio should be the same or lower than the company's credit terms.