« previous next »

Author Question: An employment agency is seeking a newspaper advertising salesperson. The monthly pay is 2,500 salary ... (Read 68 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 24, 2018
An employment agency is seeking a newspaper advertising salesperson. The monthly pay is 2,500 salary plus a 2.5 commission on sales up to 60,00 . and 5 on sales over 60,00 . . The advertisement also states that normal sales should usually be at least 75,00 . . What would be the total pay for a person who sold the expected minimum?

Question 2

The Moose Hardware Company had total current assets of 379,090 and total current liabilities of 63,000 . Compute the working capital ratio. (Round answer to two decimal places.)


cassie_ragen

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 24, 2018
Answer to Question 1

75,00 . - 60,00 . = 15,000 . 60,00 .  0.025 = 1,500;
15,00 .  0.05 = 750; 1,500 + 750 + 2,500 = 4,750

Answer to Question 2

6.02:1


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Ovulation Process The two ovaries alternate ovulation in each monthly cycle. Ovulation Process The two ovaries alternate ovulation in each monthly cycle.
Percentages of adolescents indicating Benefits and Costs of employment. Percentages of adolescents indicating Benefits and Costs of employment.
Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken
Employment Status of Food-Insecure Households Employment Status of Food-Insecure Households
Mean Monthly Temperatures for Two Locations in Canada Mean Monthly Temperatures for Two Locations in Canada
Sensation-seeking and risky behaviours may help teens achieve peer acceptance Sensation-seeking and risky behaviours may help teens achieve peer acceptance
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library