This topic contains a solution. Click here to go to the answer

Author Question: You are considering a sales job that pays you on a commission basis or a salaried position that pays ... (Read 265 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
You are considering a sales job that pays you on a commission basis or a salaried position that pays
  you 50,000 per year. Historical data suggests the following probability distribution for your
  commission income.
 
  Which job has the higher expected income?
  Commission
  Probability of
  Occurrence
  15,000 .15
  35,000 .20
  48,000 .35
  67,000 .22
  80,000 .18
  A) The salary of 50,000 is greater than the expected commission of 48,400.
  B) The salary of 50,000 is less than the expected commission of 52,720.
  C) The salary of 50,000 is less than the expected commission of 50,050.
  D) The salary of 50,000 is greater than the expected commission of 49,630.

Question 2

The retained earnings balance on IBM's balance sheet at the end of 2010 is equal to IBM's 2010 net
  income minus dividends paid in 2010.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly




Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

For a complete list of videos, visit our video library