The retention rate is the amount of money per common share that could be realized by breaking up the firm, selling its assets, repaying its debt, and distributing the remainder to shareholders. The number of employees with one year or more of service is often divided by the number of employees in those roles one year prior to determine retention rate.
Retention rate in marketing and product management refers to the proportion of customers who continue to pay money for a product over a specific period of time. Retention rate is crucial since it shows how well your company is doing.
To learn more about retention rate, click here.
https://brainly.com/question/15871386
#SPJ4
