« previous next »

Author Question: A salesperson gets paid a salary of 2,150 per month, with a graduated commission plan that pays 2.5 ... (Read 98 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
A salesperson gets paid a salary of 2,150 per month, with a graduated commission plan that pays 2.5 on sales up to 40,000 . 3 on sales between 40,00 . and 80,000 . and 3.5 on sales over 80,00 . . Compute the total pay for the salesperson during a month when sales were 106,500.

Question 2

The Moose Hardware Company had accounts receivable of 136,00 . and net sales of 470,000 . Compute the ratio of accounts receivable to net sales. (Round answer to two decimal places.)


trampas

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 24, 2018
Answer to Question 1

106,500 - 80,00 . = 26,500 . 40,00 .  0.025 = 1,000 . 40,00 .  0.03 = 1,200;
26,500  0.035 = 927.50; 2,150 + 1,00 . + 1,200 + 927.50 = 5,277.50

Answer to Question 2

0.29:1


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Nursing care plan anxiety Nursing care plan anxiety
Private Practice Massage Therapy Business Plan Private Practice Massage Therapy Business Plan
Plan Of Stonehenge And Its Surrounding Settlements Plan Of Stonehenge And Its Surrounding Settlements
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Body plan of an aquatic snail and micrograph of a radula. Body plan of an aquatic snail and micrograph of a radula.
Video: Green alga life cycle Animation

For a complete list of videos, visit our video library