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

Author Question: You are considering a sales job that pays you on a commission basis or a salaried position that pays ... (Read 178 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Jul 11, 2018
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
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


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
Reply #1 on: Jul 11, 2018
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
Gracias!

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

The prone position The prone position
An EGR valve position sensor on top of an EGR valve. An EGR valve position sensor on top of an EGR valve.
Semireclining position. Back supported and placement of bolster under the knees. Semireclining position. Back supported and placement of bolster under the knees.
Gently stretch neck muscles. Apply stretches with head in neutral position, lateral flexion, and ... Gently stretch neck muscles. Apply stretches with head in neutral position, lateral flexion, and ...
Kinetic basis for preferential excision of mismatched nucleotides by a 3’ exonuclease site distant Kinetic basis for preferential excision of mismatched nucleotides by a 3’ exonuclease site distant
Video: Role of ATP in muscle movement

For a complete list of videos, visit our video library