This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: You are considering a sales job that pays you on a commission basis or a salaried position that pays ... (Read 264 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Jul 11, 2018
You are considering a sales job that pays you on a commission basis or a salaried position that pays
  you 50,000 per year. Historical data suggests the following probability distribution for your
  commission income.
 
  Which job has the higher expected income?
  Commission
  Probability of
  Occurrence
  15,000 .15
  35,000 .20
  48,000 .35
  67,000 .22
  80,000 .18
  A) The salary of 50,000 is greater than the expected commission of 48,400.
  B) The salary of 50,000 is less than the expected commission of 52,720.
  C) The salary of 50,000 is less than the expected commission of 50,050.
  D) The salary of 50,000 is greater than the expected commission of 49,630.

Question 2

The retained earnings balance on IBM's balance sheet at the end of 2010 is equal to IBM's 2010 net
  income minus dividends paid in 2010.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Jul 11, 2018
Wow, this really help

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Lake position in the landscape and proportion of water received as groundwater (data from Webster et Lake position in the landscape and proportion of water received as groundwater (data from Webster et
Structural basis for selective inhibition of COX-2 Structural basis for selective inhibition of COX-2
Baby position during the 30th week of pregnancy Baby position during the 30th week of pregnancy
Pregnant female in lithotomy position Pregnant female in lithotomy position
Testing patellar reflex, client in a sitting position Testing patellar reflex, client in a sitting position
Position of the Diaphragm During Inhalation and Exhalation Position of the Diaphragm During Inhalation and Exhalation
Video: The 4 steps of translation Animation

For a complete list of videos, visit our video library