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Author Question: An insurance broker receives a monthly salary of 3,460, plus a commission of 10.5 on all sales. ... (Read 125 times)

dbose

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on: Jun 24, 2018
An insurance broker receives a monthly salary of 3,460, plus a commission of 10.5 on all sales. Compute total pay for a month in which he sold 80,965 worth of insurance policies.

Question 2

The comparative income statement of Lawn Products, Inc showed net income of 24,500 in 200 . and 27,300 in 200 . . Compute the dollar amount of net change in net income.


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ecabral0

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

80,965  0.105 = 8,501.33; 8,501.33 + 3,460 = 11,961.33

Answer to Question 2

2,800


dbose

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

billybob123

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Reply 3 on: Yesterday
Wow, this really help

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