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

Author Question: A home furnishings salesperson works on a commission-only basis. He earns an 11 commission on all ... (Read 186 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
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
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
:D TYSM


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

For a complete list of videos, visit our video library