« 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 115 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?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

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?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Body plan axes in animals and plants Body plan axes in animals and plants
A fire safety plan like RACE saves lives. A fire safety plan like RACE saves lives.
Plan of the Temple of Hera I, Poseidonia (Roman Paestum) Plan of the Temple of Hera I, Poseidonia (Roman Paestum)
At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ... An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...
Body Plan of a Crocodile Body Plan of a Crocodile
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library