A strategy in which employees of a service company are hired as contractors to work for a certain number of hours per year for fixed sum of money is called ______.

a. subcontracting
b. outsourcing
c. annualized hours strategy
d. monthly hours strategy


c. annualized hours strategy

Business

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Partridge, Inc provides the following information for 2017

Net income $33,000 Market price per share of common stock $13/share Dividends paid $0.90/share Common stock outstanding at Jan. 1, 2017 110,000 shares Common stock outstanding at Dec. 31, 2017 155,000 shares The company has no preferred stock outstanding. Calculate the dividend yield for common stock. (Round your answer to two decimal places.) A) 6.92% B) 1.92% C) 5.00% D) 7.44%

Business

Leshem Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted variable manufacturing overhead$52,920     Budgeted production (a) 20,000unitsStandard hours per unit (b) 0.70machine-hoursBudgeted hours (a) × (b) 14,000machine-hours    Actual production (a) 16,000unitsStandard hours per unit (b) 0.70machine-hoursStandard hours allowed for the actual production   (a) × (b) 11,200machine-hours    Actual variable manufacturing overhead$30,784 Actual hours 10,400machine-hoursThe variable overhead rate variance

is: (Round your intermediate calculations to 2 decimal places.) A. $8,528 F B. $9,184 U C. $9,184 F D. $8,528 U

Business

During requirements determination, information can be gathered from users of the current system, forms, reports, and procedures

Indicate whether the statement is true or false

Business

Find the mode of the following set of values: 4, 6, 3, 6, 5, 3, 1, 9, 6, 3, 7, 2, 3, 6, 8, 5, 6, 3

Business