« previous next »

Author Question: An employment agency is seeking a newspaper advertising salesperson. The monthly pay is 2,500 salary ... (Read 117 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?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

The monthly changes of angle between the direction of illumination by the Sun and viewing from Earth The monthly changes of angle between the direction of illumination by the Sun and viewing from Earth
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
Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology. Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology.
Comparison of Employment and Self-Employment Comparison of Employment and Self-Employment
How to calculate monthly payments at varying amortization periods (Question 2) How to calculate monthly payments at varying amortization periods (Question 2)
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library