This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A home furnishings salesperson works on a commission-only basis. He earns an 11 commission on all ... (Read 188 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 24, 2018
A home furnishings salesperson works on a commission-only basis. He earns an 11 commission on all sales that are final, i.e., merchandise is not returned. Last month sales were 48,500 . but 7,400 worth of furnishings were returned. What was the salesperson's commission for last month?

Question 2

The Moose Hardware Company had net income of 60,00 . and net sales of 470,000 . Compute the relationship of net income to net sales. Express your answer as a percentage. (Round answer to two decimal places.)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

daiying98

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 24, 2018
Answer to Question 1

48,500 - 7,400 = 41,100 . 41,100  0.11 = 4,521

Answer to Question 2

12.77


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

DNA replication is the basis for the perpetuation of life through time DNA replication is the basis for the perpetuation of life through time
This young boy with muscular dystrophy needs to receive tube feedings and home nursing care. He atte This young boy with muscular dystrophy needs to receive tube feedings and home nursing care. He atte
The phases and ionic basis of an action potential. The phases and ionic basis of an action potential.
On the left is one of Jennifer Lopez’s homes, this one in Miami Beach. She also has a home in ... On the left is one of Jennifer Lopez’s homes, this one in Miami Beach. She also has a home in ...
Biology Forums Home Page (Feb. 2022) Biology Forums Home Page (Feb. 2022)
How nasal CPAP therapy works in OSA How nasal CPAP therapy works in OSA
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library