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 71 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 :)

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Female A. australis, the only Australian representative of Aythyinae Female A. australis, the only Australian representative of Aythyinae
Independent assortment of chromosomes at meiosis explains Mendel’s ratio Independent assortment of chromosomes at meiosis explains Mendel’s ratio
Independent assortment of chromosomes at meiosis explains Mendel’s ratio Independent assortment of chromosomes at meiosis explains Mendel’s ratio
Blood glucose measurement. A postprandial test may be self-administered. (a) A lance pierces the ski Blood glucose measurement. A postprandial test may be self-administered. (a) A lance pierces the ski
Lance-Leaf coreopsis Lance-Leaf coreopsis
Language is the basis of human culture around the world. The past decade has seen major developments ... Language is the basis of human culture around the world. The past decade has seen major developments ...
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library