Average comparative ratio = _____.
A) the average of the comparative ratio for each employee divided by the number of employees
B) the total of the comparative ratio of all employees divided by the number of employees
C) the number of employees divided by the average of the comparative ratio for each employee
D) the number of employees divided by the total of the comparative ratio for each employee

Question

Quizplus · Accepted Answer

The average comparative ratio is calculated by taking the total of the comparative ratio of all employees and dividing it by the number of employees. This gives an overall average that takes into account the comparative ratio for each employee. Option A is incorrect because it only takes the average of the comparative ratio for each employee and doesn't consider all employees. Option C and D are also incorrect because they don't calculate the average comparative ratio correctly.

Average Comparative Ratio = _____