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

Author Question: A free-lance sales representative is independent and gets paid on a commission-only basis. She earns ... (Read 127 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
A free-lance sales representative is independent and gets paid on a commission-only basis. She earns a 5 commission on monthly sales up to 35,000 . 6 on monthly sales between 35,00 . and 75,000 . and 7 on monthly sales over 75,00 . . Determine her commission for a month when sales were 106,450.

Question 2

The balance sheet of Food Products, Inc showed owners' equity of 200,00 . in 200 . and 320,00 . in 200 . . Compute the percentage of increase in owners' equity. (Round answer to one decimal place.)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

briezy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 24, 2018
Answer to Question 1

106,450 - 75,00 . = 31,450; 35,00 .  0.05 = 1,750;
40,00 .  0.06 = 2,400.00 . 31,450  0.07 = 2,201.50;
1,750.00 + 2,400.00 + 2,201.50 = 6,351.50

Answer to Question 2

60


nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Independent assortment of chromosomes at meiosis explains Mendel’s ratio Independent assortment of chromosomes at meiosis explains Mendel’s ratio
Independent assortment produces 50 percent recombinants Independent assortment produces 50 percent recombinants
The thermodynamics of protein folding depicted as a free-energy funnel The thermodynamics of protein folding depicted as a free-energy funnel
Patients with celiac disease must maintain a gluten-free diet. Many gluten-free items are widely ... Patients with celiac disease must maintain a gluten-free diet. Many gluten-free items are widely ...
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Meiosis and the law of independent assortment Meiosis and the law of independent assortment
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library