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Author Question: A home furnishings salesperson works on a commission-only basis. He earns an 11 commission on all ... (Read 155 times)

ahriuashd

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on: Jun 24, 2018
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.)


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daiying98

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Reply #1 on: Jun 24, 2018
Answer to Question 1

48,500 - 7,400 = 41,100 . 41,100  0.11 = 4,521

Answer to Question 2

12.77


ahriuashd

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

Perkypinki

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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