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Author Question: Mary Wallis receives a salary of 2,750, and a 1.5 commission on all of her sales in a month. In ... (Read 138 times)

littleanan

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on: Jun 24, 2018
Mary Wallis receives a salary of 2,750, and a 1.5 commission on all of her sales in a month. In March, she sold 325,00 . worth of merchandise. Determine Mary's total pay for March.

Question 2

Thompson Laser Company had current assets of 402,090 and current liabilities of 104,000 . Compute the working capital ratio. (Round answer to two decimal places.)


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mmpiza

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Reply #1 on: Jun 24, 2018
Answer to Question 1

325,00 .  0.015 = 4,875; 4,875 + 2,750 = 7,625

Answer to Question 2

3.87:1


littleanan

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

bassamabas

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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