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Author Question: You are considering a sales job that pays you on a commission basis or a salaried position that pays ... (Read 194 times)

Chloeellawright

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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


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coreycathey

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Chloeellawright

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Reply 2 on: Jul 11, 2018
Excellent


raenoj

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Reply 3 on: Yesterday
Wow, this really help

 

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