This topic contains a solution. Click here to go to the answer

Author Question: You are considering a sales job that pays you on a commission basis or a salaried position that pays ... (Read 276 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
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


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
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
Thanks for the timely response, appreciate it


mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

For a complete list of videos, visit our video library